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  • $810,000

    1050 Park Shore Dr, Cumming, GA 30041

    5beds
    4,087sqft
    Single Family Residence, Residential
    Built in 1996
    0.69 Acres Lot
    $1,102,900 Zestimate®
    $198/sqft
    $3,819 Estimated rent

    Home value

    $1,102,900

    $993,000 - $1.24M

    $3,819/mo

    Zestimate® history
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    What's special

    Welcome to this stunning, custom-built luxury home in the elite Park Shore neighborhood of Cumming, offering Lake Lanier views and direct lake access. Situated on a quiet end of the street, cul-de-sac lot, close to the community amenities. This exceptional property features an inviting front porch, a circular driveway, and 5-car side entry garages, luxury living at its finest. Located in the Prime South Forsyth area, on the south end of Lake Lanier. This home is part of the prestigious Park Shore community, which offers a community boat dock, covered picnic pavilion, Saltwater swimming pool, tennis, playground, clubhouse. Conveniently located to everything! Next to Mary Alice Park with white sandy beach, boat ramps, picnic areas; very close to market place shopping & restaurants, and the new CUMMING CITY CENTER featuring a new AMPHITHEATER with concerts by local artists; Nearby developments like Westshore, Halcyon and Vickery Village; Easy access to GA-400, Costco 5 minute away! Close to Bald Ridge & Habersham Marinas, Northside Hospital, and award-winning schools! This home features an open floor plan with grand 2 story foyer entrance area, 2-story family room with 18 feet high ceiling, open dining room, a master suite on the main level with the sitting area and the vaulted ceiling, master bathroom with the double vanity, walk in California closet. Guest secondary bedroom and full bath, laundry room on the main. Enjoy the gourmet kitchen with the hardwood floors, kitchen bar and the breakfast area is open to a private side entry courtyard to enjoy your morning coffee and the picturesque views of the backyard. Upstairs you will find 3 additional bedrooms and 2 full baths. Huge partially finished basement (2725 sq. ft.) with a separate entrance that can be finished with endless possibilities is offering enough room for a beautiful in-law suite, with a kitchen, home movie theater, 2 bedrooms and 2 bathrooms, flex, game or workout room, a game room with pool table, or a man cave. Additionally, in the terrace level basement, there is a storage space/workshop with 2 insulated garage doors that open to the side/backyard for your lawn mower, boat, etc. The owner has had plans done for the basement and we have included the poster pictures of how the basement would look like after it is finished. There are 3 HVAC units at the property. Beautifully landscaped lawn with massive curb appeal! Large partially fenced backyard with a back deck overlooking a beautiful backyard and screened patio underneath for outdoor entertaining. Potential for the future owner to use a portable dock as the property has direct access to the lake. Lease Purchase option is available. Public sewer is available in the neighborhood. Property can be connected to public sewer, seller has the quote of $7,000 to connect, seller never had a problem with the current septic tank. Don’t miss your chance to own this exceptional dream lake home. New and newly renovated homes in the Park Shore neighborhood are currently selling for $281 per square foot. The home located at 1050 Parkshore Drive, offers a total of 6,812 square feet (4,087 square feet of finished space and a 2,725-square-foot unfinished basement). While making interior upgrades is relatively simple, adding square footage is much more challenging—and this home already has the sq footage. At the going neighborhood rate, this home in pristine condition could be valued at approximately $1,900,000 based on its size. Priced at just $850,000, completing upgrades and finishing off the basement could unlock significant equity, making it an excellent investment opportunity. Schedule a viewing today and make this luxurious lakefront property yours! ***OpenHouse on Saturday, November 23rd from 2:00 - 4:00 pm***

    Zillow last checked:

    Listing updated:

    Listed by:

    JULIA DE SOSAROCHA,

    EXP Realty, LLC.

    Bought with:

    Bret Williams, 369040

    Keller Williams Realty Signature Partners

    Source: FMLS GA,MLS#: 7431150MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 5
    • Full bathrooms: 4
    • 1/2 bathrooms: 1
    • Main level bathrooms: 2
    • Main level bedrooms: 2
    Rooms
    • Room types: Bedroom, Bonus Room, Family Room, Great Room
    Primary bedroom
    • Features: Master on Main, Sitting Room, Split Bedroom Plan
    • Level: Master on Main, Sitting Room, Split Bedroom Plan
    Bedroom
    • Features: Master on Main, Sitting Room, Split Bedroom Plan
    Primary bathroom
    • Features: Separate Tub/Shower, Skylights, Vaulted Ceiling(s), Whirlpool Tub
    Dining room
    • Features: Great Room, Open Concept
    Kitchen
    • Features: Breakfast Bar, Cabinets Stain, Eat-in Kitchen, Pantry, Stone Counters
    Heating
    • Natural Gas
    Cooling
    • Ceiling Fan(s), Central Air
    Appliances
    • Included: Dishwasher, Disposal, Double Oven, Gas Range, Gas Water Heater
    • Laundry: In Hall, Laundry Room, Main Level
    Features
    • Bookcases, Cathedral Ceiling(s), Central Vacuum, Double Vanity, Entrance Foyer, Entrance Foyer 2 Story, High Ceilings 9 ft Main, High Ceilings 10 ft Main, Tray Ceiling(s), Vaulted Ceiling(s), Walk-In Closet(s)
    • Flooring: Carpet, Hardwood, Tile
    • Windows: Skylight(s)
    • Basement: Boat Door,Driveway Access,Exterior Entry,Full,Interior Entry,Unfinished
    • Number of fireplaces: 1
    • Fireplace features: Factory Built, Family Room, Gas Starter
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 4,087
    • Total interior livable area: 4,087 sqft
    • Finished area above ground: 4,087

    Property

    Parking
    • Total spaces: 5
    • Parking features: Drive Under Main Level, Garage, Garage Faces Side, Kitchen Level
    • Attached garage spaces: 5
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Deck, Front Porch, Rear Porch, Screened
    • Exterior features: Balcony, Garden, Private Yard, No Dock
    • Pool features: None
    • Has spa: Yes
    • Spa features: Bath, None
    • Fencing: None
    • Has view: Yes
    • View description: Lake, Trees/Woods
    • Has water view: Yes
    • Water view: Lake
    • Waterfront features: Lake Front
    • Body of water: Lanier
    Lot
    • Size: 0.69 Acres
    • Features: Back Yard, Cul-De-Sac, Front Yard, Landscaped, Private, Wooded
    Details
    • Additional structures: None
    • Parcel number: 197 214
    • Other equipment: Dehumidifier
    • Horse amenities: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Cape Cod,Traditional
    • Property subtype: Single Family Residence, Residential
    Materials
    • Cement Siding
    • Foundation: None
    • Roof: Composition
    Condition
    • Resale
    • New construction: No
    • Year built: 1996

    Utilities & green energy

    • Electric: 110 Volts, 220 Volts
    • Sewer: Septic Tank
    • Water: Public
    • Utilities for property: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available
    Green energy
    • Energy efficient items: Thermostat
    • Energy generation: None

    Community & HOA

    Community
    • Features: Community Dock, Homeowners Assoc, Lake, Near Shopping, Playground, Pool, Tennis Court(s)
    • Security: None
    • Subdivision: Park Shore
    HOA
    • Has HOA: Yes
    • Services included: Maintenance Grounds, Reserve Fund, Swim, Tennis
    • HOA fee: $950 annually
    Location
    • Region: Cumming

    Financial & listing details

    • Price per square foot: $198/sqft
    • Tax assessed value: $738,570
    • Annual tax amount: $1,270
    • Date on market: 8/8/2024
    • Listing terms: Cash,Conventional,FHA,Lease Purchase,VA Loan
    • Electric utility on property: Yes
    • Road surface type: Asphalt

    Price history

    DateEventPrice
    2/14/2025Sold$810,000-4.7%$198/sqft
    Source: FMLS GA #7431150 Report a problem
    1/3/2025Pending sale$850,000$208/sqft
    Source: GAMLS #10355731 Report a problem
    12/1/2024Listing removed$850,000$208/sqft
    Source: FMLS GA #7431150 Report a problem
    11/14/2024Listed for sale$850,000-2.9%$208/sqft
    Source: FMLS GA #7431150 Report a problem
    11/1/2024Listing removed$875,000$214/sqft
    Source: FMLS GA #7431150 Report a problem
    8/8/2024Listed for sale$875,000+75%$214/sqft
    Source: FMLS GA #7431150 Report a problem
    8/4/2024Listing removed--
    Source: Zillow Rentals Report a problem
    7/28/2024Listed for rent$4,800-2%$1/sqft
    Source: Zillow Rentals Report a problem
    4/25/2024Listing removed--
    Source: Zillow Rentals Report a problem
    1/5/2024Listed for rent$4,900$1/sqft
    Source: Zillow Rentals Report a problem
    12/28/2023Listing removed--
    Source: Zillow Rentals Report a problem
    12/7/2023Listed for rent$4,900$1/sqft
    Source: Zillow Rentals Report a problem
    11/19/2023Listing removed--
    Source: Zillow Rentals Report a problem
    10/20/2023Listed for rent$4,900+8.9%$1/sqft
    Source: Zillow Rentals Report a problem
    7/9/2023Listing removed--
    Source: Zillow Rentals Report a problem
    5/31/2023Listed for rent$4,500+73.1%$1/sqft
    Source: Zillow Rentals Report a problem
    1/24/2019Listing removed$500,000$122/sqft
    Source: Keller Williams Realty Consultants #6043448 Report a problem
    7/23/2018Listed for sale$500,000+25.8%$122/sqft
    Source: KELLER WILLIAMS RLTY CONSULTANTS #6043448 Report a problem
    12/1/2015Listing removed$2,600$1/sqft
    Source: ATLANTA PEACH REALTY LLC #07541537 Report a problem
    10/23/2015Listed for rent$2,600$1/sqft
    Source: ATLANTA PEACH REALTY LLC #07541537 Report a problem
    7/2/2015Listing removed$2,600$1/sqft
    Source: Georgia MLS #07430209 Report a problem
    5/8/2015Price change$2,600-7.1%$1/sqft
    Source: ATLANTA PEACH REALTY LLC #07430209 Report a problem
    4/4/2015Listed for rent$2,800$1/sqft
    Source: ATLANTA PEACH REALTY LLC #07430209 Report a problem
    4/24/2014Listing removed$397,500$97/sqft
    Source: Landmark Realty Associates, Inc. #5211871 Report a problem
    2/11/2014Price change$397,500+6%$97/sqft
    Source: Landmark Realty Associates, Inc. #5211871 Report a problem
    12/13/2013Listed for sale$375,000$92/sqft
    Source: Landmark Realty Associates, Inc. #5211871 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,320 -3.2%$295,428 -1.7%
    2024$1,363 +7.4%$300,640 +5.1%
    2023$1,270 -4.7%$285,944 +31.1%
    2022$1,332 +43.2%$218,080 +30.4%
    2021$930 -0.2%$167,200 -1.1%
    2020$932 +0.9%$169,060 +10.4%
    2019$923 +0.8%$153,160 +20.9%
    2017$916 $126,692
    2016$916 $126,692
    2015$916 $126,692 +31.1%
    2014$916 +33.6%$96,636
    2013$686 -7.2%$96,636 -6.7%
    2012$739 -3%$103,604 -2.8%
    2011$762 $106,616 -31.6%
    2010-- $155,868
    2009-- $155,868 -11.4%
    2008-- $175,868 0%
    2007-- $175,944 +12.8%
    2006$559 +5.2%$156,000 +30.9%
    2005$531 -79.5%$119,200
    2004$2,597 -10.1%$119,200
    2003$2,888 +9.1%--
    2002$2,647 +19.7%--
    2001$2,212 +4.6%--
    2000$2,114 --
    Find assessor info on the county website

    Neighborhood: Park Shore

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Mashburn
    • Middle: Lakeside - Forsyth
    • High: Forsyth Central

    Source: FMLS GA. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $1,102,900
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,102,900