21
Map
Listing Courtesy of: Sheila Davis, Sheila Davis Group, 470-290-8170
$1,400,000
●
Land -
For Sale
4548 Shirley Road
Gainesville, GA 30506
Studio
0 Bath
$8,095
Est. Monthly
$167
HOA / Fees
About This Property
Only 9 lots left! Northridge Estates on Lake Lanier, an exclusive
enclave of 15 beautiful estate lots with water views and private
dock permits! A gated development designed for those looking for an
upscale lake lifestyle in a neighborhood with privacy and
protective covenants. Lot 14 has amazing vista views of Lake Lanier
and the distant mountains on 5.56 wooded acres. This property
offers several options for private building sites, a low COE line
and permit for a 32x32 twin slip dock. Situated on the peaceful
north end of Lake Lanier in Hall County, this area provides a
sought-after countryside setting with lower density and an
excellent school district. The location provides easy access to
Gainesville for shopping and medical facilities as well I-985 and
GA-400. Just a short drive to the wineries and hiking trails of
North Georgia. There's nothing available on Lake Lanier like this-
don't wait to schedule your personal tour! Plat, soils and
covenants are available, there is no time limit to build.
Unit Size
-
Days on Market
-
Land Size
5.56 acres
Price per sqft
-
Property Type
Land
Property Taxes
$1,054
HOA Dues
$167
Year Built
-
Listed By
Sheila Davis
Keller Williams Rlty. Buckhead
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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: 3 months ago (FMLS #7718956)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 12, 2026 | Listed by Sheila Davis Group | $1,400,000 | |
| Listed by Sheila Davis Group | |||
Property Highlights
Exterior Details
Security Features: Security Gate
Waterfront Features: Lake Front
Waterbody Name: Lanier
Other Structures: None
Patio and Porch Features: None
Lot Features: Lake on Lot, Sloped
Lot Size Area: 242193.6
Lot Size Units: Square Feet
Lot Size Acres: 5.56
Lot Size Square Feet: 242193.6
Lot Size Dimensions: 0x0
Tax Lot: 14
Financial Details
Tax Annual Amount: $12,646
Location Details
HOA Fee: $2,000
HOA Fee Frequency: Annually
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
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Asking Price
Listed On
Listed On
Closing Price
Sold On
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HOA + Taxes
About Hall
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Listed by: Sheila Davis, Sheila Davis Group
Last Updated: 3 months ago
Data Source: FMLS, MLS# 7718956
Last Updated: 3 months ago
Data Source: FMLS, MLS# 7718956
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