$565,000
●
Land -
Off Market
4451 Flat Creek Drive
Gainesville, GA 30504
Studio
0 Bath
$3,345
Est. Monthly
About This Property
Exceptional lakefront lot offering deep water access and a 32x32
double-slip dock, complete with a spacious party deck - perfect for
entertaining and enjoying panoramic lake views. The property
features a long paved driveway providing easy access, along with a
two-story utility shed ideal for storage, lake gear or future
flexibility. With a prime deep-water dock location (30 ft at
front)this lot is well-suited for year round boating and waterfront
living. An outstanding opportunity to build your dream lake home or
enjoy the property as-is, in a highly desirable lake setting.
Unit Size
-
Days on Market
98 days
Land Size
0.78 acres
Price per sqft
-
Property Type
Land
Property Taxes
$399
HOA Dues
-
Year Built
2013
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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: 6 months ago (GAMLS #10687774)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 18, 2026 | Sold | ||
| Sold | |||
| Apr 2, 2026 | In contract | - | |
| In contract | |||
| Feb 9, 2026 | Listed by The Norton Agency | $600,000 | |
| Listed by The Norton Agency | |||
| Jul 26, 2025 | Listed | $650,000 | |
| Listed | |||
| | |||
|
LAKE FRONT & DEEP WATER! This building lot offers so much more than others available. It is very convenient to so many things by boat and by car. Just a short boat ride to Pelican Pete's restaurant for dinner and live music! 15 minutes to downtown Gainesville for more restaurant choices and entertainment. Easy commute to Atlanta, North Georgia mountains and all of the little towns in between. The lot already has a very long asphalt driveway and a large storage barn with electric. Use it for a workshop, storage or for weekend camping until you build your dream lake home. The lot includes a 32' x 32' aluminum double slip dock with a party deck and a 6,000# boat lift. The dock is located on a wide deep cove with little boat traffic to disturb you as you relax on the party deck. The water depth is 20' at back of dock and 30' at front. THAT'S DEEP!!
| |||
| Jan 30, 2013 | Sold | ||
| Sold | |||
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Property Highlights
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: Norman Moolenaar, The Norton Agency
Last Updated: 6 months ago
Data Source: GAMLS, MLS# 10687774
Last Updated: 6 months ago
Data Source: GAMLS, MLS# 10687774
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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