AMAZING VALUE ON LAKE LANIER! What’s better than a 4 bed, 2 bath Classic Chalet Lake House on the South End of Lake Lanier with a covered dock in a cove that hasn’t gone dry in 38 years (owner has been there since 1985) with quick access to GA 400 and close to all of the action in Forsyth County? BETTER IS ALL OF THAT PLUS A 1.52 ACRE LOT THAT CAN BE PARCELED INTO 2 LOTS TO BUILD ANOTHER HOME! There are endless possibilities for this property with a house that has been tastefully updated through the years (kitchen, bathrooms, expanded deck, windows and doors), a detached 2 car garage, a covered dock with an additional exterior covered slip, a dock location on a point with deep water, a second building site along Buford Dam Way (County Building Dept has stated the lot can be subdivided; would require survey). Amazing privacy with a “treehouse panorama” view from the abundant windows and doors. County water and sewer available at the street. 24’ x 28’ dock permit. Second building site would be along Buford Dam Way. Selling Broker shall receive 1% co-op fee if Buyers Agent is not present at first showing.
Closed
$880,000
1240 Buford Dam Way, Cumming, GA 30041
4beds
1,920sqft
Single Family Residence, Residential
Built in 1974
1.53 Acres Lot
$964,200 Zestimate®
$458/sqft
$2,506 Estimated rent
Home value
$964,200
$848,000 - $1.12M
$2,506/mo
Zestimate® history
Owner options
List your home for rent
$2,506/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$2,506/mo
Rent Zestimate®
Refinance and save
$5,261/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$5,261/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Lake lanierAmazing privacyAbundant windowsExpanded deckCovered dock
Zillow last checked:
Listing updated:
Listed by:
JOHN HAWN,
EXP Realty, LLC.
Bought with:
NON-MLS NMLS
Non FMLS Member
Source: FMLS GA,MLS#: 7296300
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 1
- Main level bedrooms: 2
Rooms
- Room types: Game Room
Primary bedroom
- Features: Master on Main, Split Bedroom Plan
- Level: Master on Main, Split Bedroom Plan
Bedroom
- Features: Master on Main, Split Bedroom Plan
Primary bathroom
- Features: Tub/Shower Combo
Dining room
- Features: None
Kitchen
- Features: Breakfast Room, Cabinets White, Other Surface Counters, View to Family Room
Heating
- Central, Forced Air, Natural Gas
Cooling
- Ceiling Fan(s), Central Air
Appliances
- Included: Dishwasher, Dryer, Electric Oven, Gas Range, Gas Water Heater, Microwave, Refrigerator, Washer
- Laundry: In Basement, Laundry Room
Features
- Beamed Ceilings, Bookcases, High Ceilings 9 ft Main, High Speed Internet
- Flooring: Carpet, Ceramic Tile, Hardwood
- Windows: Double Pane Windows
- Basement: Daylight,Exterior Entry,Finished,Full
- Number of fireplaces: 2
- Fireplace features: Basement, Family Room, Gas Log, Great Room
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 1,920
- Total interior livable area: 1,920 sqft
- Finished area above ground: 960
- Finished area below ground: 960
Property
Parking
- Parking features: Covered, Detached, Driveway
- Has garage: Yes
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered, Deck, Patio, Rear Porch, Wrap Around
- Exterior features: Courtyard, Private Yard, Rain Gutters, Storage, Covered Dock/1 Slip, Deepwater Access Dock, Dock, Dock Permit
- Pool features: None
- Spa features: None
- Fencing: None
- Has view: Yes
- View description: Lake, Trees/Woods, Water
- Has water view: Yes
- Water view: Lake,Water
- Waterfront features: Lake Front
- Body of water: Lanier
- Frontage length: Waterfrontage Length(50)
Lot
- Size: 1.53 Acres
- Features: Cul-De-Sac, Private, Sloped, Wooded
Details
- Additional structures: Boat House
- Parcel number: 197 169
- Other equipment: None
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence, Residential
Materials
- Other
- Foundation: Block
- Roof: Composition,Shingle
Condition
- Resale
- New construction: No
- Year built: 1974
Utilities & green energy
- Electric: 110 Volts
- Sewer: Septic Tank
- Water: Well
- Utilities for property: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available
Green energy
- Energy efficient items: Appliances
- Energy generation: None
Community & HOA
Community
- Features: Near Shopping
- Security: None
- Subdivision: Lake Lanier
HOA
- Has HOA: No
Location
- Region: Cumming
Financial & listing details
- Price per square foot: $458/sqft
- Tax assessed value: $818,620
- Annual tax amount: $623
- Date on market: 10/28/2023
- Cumulative days on market: 20 days
- Electric utility on property: Yes
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 12/21/2023 | Sold | $880,000-4.9%$458/sqft |
Source:  FMLS GA #7296300 Report a problem | ||
| 11/19/2023 | Pending sale | $925,000$482/sqft |
Source:  GAMLS #10219416 Report a problem | ||
| 11/15/2023 | Price change | $925,000-2.6%$482/sqft |
Source: FMLS GA #7296300 Report a problem | ||
| 10/28/2023 | Listed for sale | $950,000$495/sqft |
Source: FMLS GA #7296300 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,030 +1.1% | $327,448 +1.1% |
| 2024 | $7,939 +1455.9% | $323,768 +49.6% |
| 2023 | $510 -18.2% | $216,404 +6.5% |
| 2022 | $623 +4.6% | $203,276 +16.8% |
| 2021 | $596 | $174,060 +1% |
| 2020 | -- | $172,256 +0.4% |
| 2019 | $601 -0.6% | $171,532 +26.8% |
| 2017 | $605 | $135,280 |
| 2016 | $605 | $135,280 |
| 2015 | $605 +12.2% | $135,280 +1.6% |
| 2014 | $539 +6.9% | $133,212 +42.9% |
| 2013 | $504 -77.5% | $93,212 -0.5% |
| 2012 | $2,244 -0.7% | $93,696 -0.6% |
| 2011 | $2,259 | $94,220 -2.6% |
| 2010 | -- | $96,688 |
| 2009 | -- | $96,688 -0.4% |
| 2008 | -- | $97,088 -0.4% |
| 2007 | -- | $97,460 +18.7% |
| 2006 | $1,680 | $82,120 |
| 2005 | $1,680 +6.8% | $82,120 +7.9% |
| 2004 | $1,573 +1.1% | $76,120 |
| 2003 | $1,556 +7.3% | -- |
| 2002 | $1,450 +6% | -- |
| 2001 | $1,369 -1.2% | -- |
| 2000 | $1,385 | -- |
Find assessor info on the county website
Neighborhood: 30041
Nearby homes
- $465,4005 bd2 ba2.8k sqft1225 Flowers Dr, Cumming, GA 30041Off Market
- $534,9003 bd2 ba1.4k sqft1120 Mary Alice Park Rd, Cumming, GA 30041Off Market
- $---- bd1 ba1.2k sqft1120 Mary Alice Park Rd #BASEMENT, Cumming, GA 30041Off Market
- $856,4004 bd3 ba4.3k sqft1220 Flowers Dr, Cumming, GA 30041Off Market
- $312,5003 bd1 ba1.1k sqft1120 Flowers Dr, Cumming, GA 30041Off Market
- $390,8004 bd2 ba1.5k sqft1150 Mary Alice Park Rd, Cumming, GA 30041Off Market
- $943,2003 bd3 ba3.5k sqft1245 Flowers Dr, Cumming, GA 30041Off Market
- $1,350,0005 bd4 ba4.4k sqft1106 Flowers Dr, Cumming, GA 30041Sold
Nearby schools
GreatSchools rating
- 8/10Mashburn Elementary SchoolGrades: PK-5Distance: 1.9 mi
- 8/10Lakeside Middle SchoolGrades: 6-8Distance: 2.3 mi
- 8/10Forsyth Central High SchoolGrades: 9-12Distance: 2.2 mi
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.
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
$964,200
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
$964,200
- Georgia
- Forsyth County
- Cumming
- 30041
- 1240 Buford Dam Way
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Cumming Topics
