$450,000
●
House -
Off Market
2121 Elysian Circle
Gainesville, GA 30501
3 Beds
2 Baths
2,090 Ft²
$2,536
Est. Monthly
4.46%
Cap Rate
About This Property
Welcome to 2121 Elysian Circle! This charming renovated 4-sided
brick ranch offers seasonal views of Lake Lanier, located just
minutes from Laurel Park and Olympic Park, both providing easy lake
access. Step inside to discover 3 inviting bedrooms and 2
bathrooms, each filled with character and thoughtful upgrades.
Highlighting the living room transformation: from new light
fixture, wafer lighting, painted fireplace & mantle to board and
batten details that add a cozy touch. The master bathroom
being renovated features a gorgeous tile shower and double
vanities, while the guest bathroom has been thoughtfully updated to
compliment. The kitchen and home have sprinkled enhancements
throughout, blending charm with easy maintenance. Practical updates
like brand new windows throughout, upgraded light fixtures, HVAC
system replaced in 2019, a new water heater (2022), a fully
encapsulated crawl space with a dehumidifier (2023), and a freshly
repainted exterior give this home both beauty and peace of mind.
Enjoy you fenced in backyard, with plenty of privacy to enjoy
peaceful summer nights within the comfort of your back porch, or
hammock! Perfectly set up for BBQing and hosting friends and
family. Located just minutes from shopping, dining, and quick
access to I-285 and downtown Gainesville, this home is a dream for
lake enthusiasts and city lovers alike. With Laurel Park nearby,
you can be kayaking or boating on Lake Lanier in no time-no HOA!
Search for the perfect low maintenance, single-level living, cozy
home? This is the home for you!
Unit Size
2,090 Ft²
Days on Market
61 days
Land Size
0.58 acres
Price per sqft
$215
Property Type
House
Property Taxes
$326
HOA Dues
-
Year Built
1975
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 2 years ago (GAMLS #10530945)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 28, 2025 | Sold | ||
| Sold | |||
| Jul 2, 2025 | In contract | - | |
| In contract | |||
| May 28, 2025 | Listed | $450,000 | |
| Listed | |||
| Nov 3, 2022 | Sold | ||
| Sold | |||
| Sep 29, 2022 | Listed by eXp Realty | $429,999 | |
| Listed by eXp Realty | |||
| | |||
|
Must See this updated home in quiet Lake Community! ALL NEW LVP flooring has been added! Turnkey and MOVE IN READY! Highly sought-after North Hall Schools. This beautifully renovated home boasts gorgeous views of Lake Lanier from your oversized rocking chair front porch. Less than 2 miles from the city limits of Gainesville. Kitchen has soft close white cabinets with tiled floors and beautiful granite countertops and new black appliances. Breakfast nook, Freshly painted walls. 3 BR/2BA TOTALLY UPDATED . Master bath has gorgeous tiled shower with double vanities. Private wooded backyard with privacy fence, perfect spot for your new pool or backyard oasis. Sit out back on your oversized deck. Crawl space with upgraded moisture barrier installed May 2022 with transferable 10 year warranty. 3 Boat ramps are within 3 miles of the property. No HOA so you can park your boat or RV. Great weekend home or rental. Minutes from Laurel Park, Olympic Rowing Venue and Atlanta Botanical Gardens-Gainesville, Helen and gateway to North Georgia Mountains. Close to NEGMC, Kroger, Ace Hardware, numerous businesses and restaurants. This home is a must see.
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Property Highlights
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Hall
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Listed by: Emily Taylor,
Last Updated: 2 years ago
Data Source: GAMLS, MLS# 10530945
Last Updated: 2 years ago
Data Source: GAMLS, MLS# 10530945
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of GAMLS. All real estate listings are marked with the GAMLS Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
Copyright 2026 GAMLS. All rights reserved.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Copyright 2026 GAMLS. All rights reserved.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
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