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Land with Home for Sale in Gainesville, Georgia

5359 Point S Dr, Gainesville, GA 30504

$1,850,000
2.46 acres
Active sale
ago
Est $10,594/mo

Lake Lanier living takes on a whole new meaning when you have room to spread out-on the water and on the land. Set on approximately 2.46 acres across two platted lots in sought-after Pointe South, this distinctive lake property pairs a stately four-sided brick home with nearly 160 feet of shoreline, a private cove, an additional buildable lot, and exceptional possibilities for the future. The lakefront lot is currently improved with a single-slip placeholder dock, while the property is permitted for an upgraded 32' x 32' double-slip dock. A gentle golf-cart-friendly path makes getting to the water easy, and recent shoreline improvements include new rip-rap and newly constructed dock steps to the ramp. Whether your days are spent boating, entertaining at the dock, cruising to dinner, or simply enjoying the quiet of the cove, this is a setting designed for the Lake Lanier lifestyle. The European-inspired residence offers timeless architecture, generous living spaces, and a layout that works equally well for everyday living and entertaining. The main level welcomes you with a dramatic two-story foyer and great room, hardwood flooring throughout much of the living area, formal dining room, private office or music room, and multiple fireplaces. The spacious kitchen features solid-surface countertops, a gas range, dual ovens, abundant cabinetry, a breakfast area, and an adjoining vaulted keeping/family room. An expansive rear deck overlooks the wooded backyard and provides another inviting place to enjoy the surroundings. The main-level primary suite features direct porch access, a trey ceiling with indirect lighting, spacious bath with vaulted ceiling, dual vanities, and generous walk-in closets. Upstairs are three oversized bedrooms, two full baths, and a large bonus room offering flexibility for guests, recreation, or additional workspace. The partially finished terrace level adds tremendous potential. Already served by HVAC and with plumbing, electrical, and framing in place, it includes a media room with in-wall speakers along with additional daylight spaces ready to become bedrooms, a game room, home office, gym, or expanded entertaining areas. A bath has been started (waiting for your finish style), and walkout access leads directly to the lower outdoor living area and backyard. Perhaps one of the property's most compelling features is the second buildable lot. Preserve it for added privacy or explore the possibilities of a future second residence, guest home, or resort-style infinity edge pool and spa with cabana. With substantial acreage, lake frontage, dock and two separate platted lots, this property offers options rarely found together on Lake Lanier. Located just minutes from downtown Gainesville, I-985, shopping, dining, and everyday conveniences, 5359 Point South Drive is more than a lake home-it's an opportunity to shape a Lake Lanier property around the way you want to live.

4,635
Sq feet
5
Beds
4
Full baths
1
1/2 bath
2001
Built

Location

Street address
5359 Point S Dr
Zip code
30504
Community
Point South
Elevation
1,107 feet
Coordinates
34.2338, -83.9271

Directions

Stephens Road to left into Point South. Home on Left.

Property details

Acreage
2.46 acres
MLS #
FMLS 7828902
Posted

Property taxes

2025
$12,202

Expenses

Homeowner Association Fee
$1,500 annually

Parcels

  • 08088 000016

Details and features

Listing

Type
Residential
Subtype
Single Family Residence

Lot

View
Lake, Water
Waterfront
Lake Front
Features
Back Yard, Corner Lot, Front Yard, Landscaped, Level, Private

Exterior

Parking
Driveway, Garage
Pool
Deck, Porch
Features
Private Entrance, Private Yard, Rear Stairs

Structure

Stories
3
Water
Public
Sewer
Septic Tank
Heating
Central, Natural Gas, Zoned
Cooling
Ceiling Fan(s), Central Air
Materials
Brick, Brick 4 Sides
Roof
Composition
Windows
Bay Window(s), Double Pane Windows

Interior

Rooms
Bathroom x 5, Bedroom x 5, Great Room, Laundry Room
Flooring
Carpet, Hardwood, Tile-Ceramic
Fireplaces
Yes
Appliances
Dishwasher, Disposal, Double Oven, Gas Water Heater, Microwave, Range Hood, Refrigerator
Security
Security System
Features
Bookcases, Crown Molding, Double Vanity, Entrance Foyer 2 Story, High Ceilings 9 ft Main, High Ceilings 9 ft Upper, High Speed Internet, His and Hers Closets, Vaulted Ceiling(s), Walk-In Closet(s)

Property utilities

CategoryTypeStatus
GasNatural GasConnected

Nearby schools

NameType
EverwoodElementary
West HallMiddle
West HallHigh

Listing history

DateEventPriceChangeSource
Aug 31, 2026New listing$1,850,000FMLS
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This 2.46-acre property is located at 5359 Point S Dr in Gainesville, GA 30504. The property is available for sale, priced at $1,850,000. It has a 4,635 square foot 5-bedroom, 4.5-bath house built in 2001.

Listed by The Norton Agency, (706) 754-5700

Checked 2 hours agoUpdated Source

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