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  • Price cut: $100K (6/17)
    $1,195,000

    4847 Destitute Way, Gainesville, GA 30506

    4beds
    3,733sqft
    : 
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    Single Family Residence, Residential
    Built in 2021
    0.9 Acres Lot
    $1,159,400 Zestimate®
    $320/sqft
    $-- HOA

    What's special

    Large backyardBreathtaking lake viewsSpacious main-level primary suiteWood beam ceilingsGrass to waterStainless steel appliancesWater views
    Discover the ultimate Lake Lanier lifestyle in this exclusive, upscale waterfront community! Tucked away on a serene, private street—yet minutes from every downtown Gainesville convenience—this nearly new, custom-built luxury home is the waterfront retreat you've been searching for. Imagine water views, nightly sunsets, grass to water and direct access to a lakefront beach! Built in 2022, the stunning expanded Frank Betz Gulfport plan showcases breathtaking lake views and sophisticated design perfect for full-time residence or a weekend getaway. Included in the sale, you'll enjoy effortless lake living with a short, easy walk or golf cart ride to your community dock and the deeded deep-water boat slip (featuring aluminum construction, teak decking, a large top party deck, and approximately 35 feet of water depth). The main level is designed for modern luxury, featuring beautiful hardwood floors and an open-concept living area highlighted by wood beam ceilings and a gas-starter brick fireplace with built-in bookcases. The gourmet kitchen is an entertainer's dream, complete with a 6-burner gas cooktop, double ovens, stainless steel appliances, custom cabinetry, and elegant granite countertops, complemented by a formal dining room with wainscoting accents. Retreat to the spacious main-level primary suite, your private sanctuary with a sitting area, luxurious soaking tub, and separate shower. Also on the main level: a walk-in pantry, laundry room with sink, and mudroom. Enjoy water view sunsets and cool fall evenings watching football from the expansive screened porch with its own fireplace and tongue-and-groove ceiling, plus a grilling porch leading to a large backyard. Upstairs, find three large bedrooms, two full baths, and a separate staircase leading to an oversized bonus room above the garage—perfect for a media room or guest space. The full unfinished basement is stubbed for a future bathroom, kitchen, offering massive expansion potential. The oversized garage is built for three cars, and allows for the large vehicles and golf cart. Exceptional features include a private 500’ well, an irrigation system, and a substantial propane tank for the generator backup. The dock slip is the 5th on right as you walk the ramp. A zero entry garage allows for quick and easy wheel chair access. This is prime Lake Lanier real estate—don't miss this opportunity for luxury lakefront living with quick deep water access onto your boat. Disclosure- Unfinished terrace level shows photos of Virtually Staged rooms.
    41 days
    |
    1,463
    |
    80
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Sheila Davis,

    Sheila Davis Group 470-290-8170

    Source: FMLS GA,MLS#: 7773330MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 4
      • Full bathrooms: 3
      • 1/2 bathrooms: 1
      • Main level bathrooms: 1
      • Main level bedrooms: 1
      Rooms
      • Room types: Basement, Bonus Room, Great Room, Media Room, Workshop
      Primary bedroom
      • Features: Master on Main, Oversized Master
      • Level: Master on Main, Oversized Master
      Bedroom
      • Features: Master on Main, Oversized Master
      Primary bathroom
      • Features: Double Vanity, Separate Tub/Shower
      Dining room
      • Features: Open Concept, Separate Dining Room
      Kitchen
      • Features: Breakfast Bar, Breakfast Room, Cabinets White, Kitchen Island, Pantry Walk-In, Stone Counters, View to Family Room
      Heating
      • Central
      Cooling
      • Ceiling Fan(s), Central Air
      Appliances
      • Included: Dishwasher, Gas Range, Microwave, Range Hood, Refrigerator
      • Laundry: Laundry Room, Main Level, Mud Room
      Features
      • Beamed Ceilings, Double Vanity, High Ceilings 9 ft Main, High Ceilings
      • Flooring: Ceramic Tile, Hardwood
      • Windows: Double Pane Windows
      • Basement: Daylight,Exterior Entry,Full,Unfinished
      • Number of fireplaces: 2
      • Fireplace features: Gas Starter, Great Room, Outside
      • Common walls with other units/homes: No Common Walls
      Interior area
      • Total structure area: 3,733
      • Total interior livable area: 3,733 sqft
      • Finished area above ground: 3,733
      • Finished area below ground: 0
      Video & virtual tour

      Property

      Parking
      • Total spaces: 6
      • Parking features: Driveway, Garage, Kitchen Level, Level Driveway
      • Garage spaces: 3
      • Has uncovered spaces: Yes
      Accessibility
      • Accessibility features: Accessible Approach with Ramp
      Features
      • Levels: Three Or More
      • Patio & porch: Covered
      • Exterior features: Other, Covered Dock/1 Slip, Deepwater Access Dock, Dock, Party Deck
      • Pool features: None
      • Spa features: None
      • Fencing: None
      • Has view: Yes
      • View description: Lake, Water
      • Has water view: Yes
      • Water view: Lake,Water
      • Waterfront features: Lake Front
      • Body of water: Lanier
      • Frontage length: Waterfrontage Length(197)
      Lot
      • Size: 0.9 Acres
      • Dimensions: 296 x 197
      • Features: Back Yard, Cul-De-Sac, Front Yard, Landscaped, Private
      Details
      • Additional structures: None
      • Parcel number: 10120 000015
      • Other equipment: Generator
      • Horse amenities: None

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Craftsman,Traditional
      • Property subtype: Single Family Residence, Residential
      Materials
      • Cement Siding
      • Foundation: Concrete Perimeter
      • Roof: Composition
      Condition
      • Resale
      • New construction: No
      • Year built: 2021

      Utilities & green energy

      • Electric: 110 Volts, 220 Volts
      • Sewer: Septic Tank
      • Water: Well
      • Utilities for property: Electricity Available
      Green energy
      • Energy efficient items: Appliances
      • Energy generation: None

      Community & HOA

      Community
      • Features: Boating, Community Dock, Homeowners Assoc, Lake, Near Schools, Near Shopping
      • Security: Security System Owned, Smoke Detector(s)
      • Subdivision: Lake Lanier With Boat Slip
      HOA
      • Has HOA: No
      Location
      • Region: Gainesville

      Financial & listing details

      • Price per square foot: $320/sqft
      • Tax assessed value: $948,100
      • Annual tax amount: $9,103
      • Date on market: 5/19/2026
      • Cumulative days on market: 165 days
      • Listing terms: Cash,Conventional
      • Electric utility on property: Yes
      • Road surface type: Paved

        Estimated market value

        $1,159,400

        $1.10M - $1.22M

        $3,136/mo

        Price history

        DateEventPrice
        6/17/2026Price change$1,195,000-7.7%$320/sqft
        Source: GAMLS #10769802 Report a problem
        5/22/2026Price change$1,295,000-0.4%$347/sqft
        Source: FMLS GA #7773330 Report a problem
        4/13/2026Price change$1,300,000-1.9%$348/sqft
        Source: GAMLS #10658295 Report a problem
        4/6/2026Price change$1,325,000-3.6%$355/sqft
        Source: GAMLS #10658295 Report a problem
        3/26/2026Price change$1,375,000-1.8%$368/sqft
        Source: GAMLS #10658295 Report a problem
        12/30/2025Price change$1,400,000-1.8%$375/sqft
        Source: GAMLS #10658295 Report a problem
        5/30/2025Listed for sale$1,425,000+493.8%$382/sqft
        Source: GAMLS #10533036 Report a problem
        5/26/2021Sold$240,000-12.7%$64/sqft
        Source: GAMLS #8924513 Report a problem
        4/3/2021Pending sale$275,000$74/sqft
        Source: GAMLS #8924513 Report a problem
        3/22/2021Listed for sale$275,000$74/sqft
        Source: GAMLS #8924513 Report a problem
        2/11/2021Pending sale$275,000$74/sqft
        Source: GAMLS #8924513 Report a problem
        2/6/2021Price change$275,000-3.5%$74/sqft
        Source: GAMLS #8924513 Report a problem
        9/28/2018Price change$285,000-13.6%$76/sqft
        Source: Keller Williams Realty Lanier Partners #8344272 Report a problem
        3/19/2018Listed for sale$330,000+27%$88/sqft
        Source: Keller Williams Lanier Partner #8344272 Report a problem
        10/13/2017Listing removed$259,900$70/sqft
        Source: Lakeshore Real Estate Inc. #8175892 Report a problem
        4/24/2017Listed for sale$259,900-10.3%$70/sqft
        Source: LAKESHORE REAL ESTATE INC. #8175892 Report a problem
        12/28/2016Listing removed$289,900$78/sqft
        Source: LAKESHORE REAL ESTATE INC. #8027411 Report a problem
        6/29/2016Listed for sale$289,900+23.4%$78/sqft
        Source: LAKESHORE REAL ESTATE INC. #8027411 Report a problem
        11/5/2014Sold$235,000-5.6%$63/sqft
        Source: Public Record Report a problem
        9/26/2014Pending sale$249,000$67/sqft
        Source: Norton Agency #5347222 Report a problem
        9/24/2014Listed for sale$249,000$67/sqft
        Source: W.L. Norton Agency #07340066 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$9,028 +8.5%$379,240 +8.5%
        2024$8,320 +0.3%$349,400 +4%
        2023$8,291 +120.2%$336,080 +129.6%
        2022$3,766 +45.7%$146,400 +54.5%
        2021$2,585 +0.1%$94,760
        2020$2,581 -9.6%$94,760 -6.5%
        2019$2,854 +8.2%$101,400 +7%
        2018$2,639 -1.1%$94,760
        2017$2,667 +3.6%$94,760
        2016$2,574 -15.7%$94,760
        2015$3,054 $94,760 -15%
        2014$3,054 $111,520
        2013-- --
        2012-- --
        2011-- --
        2010-- --
        2009$250 +2.8%--
        2007$244 +1.7%--
        2006$240 +3.6%--
        2005$231 +4.9%--
        2004$220 +3.1%--
        2003$214 -9.6%--
        2002$237 +1.9%--
        2001$232 +3.2%--
        2000$225 $9,372

        Find assessor info on the county website

        Monthly payment

        Est. payment

          Payment breakdown

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          All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
          HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
          Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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          Climate risks

          Neighborhood: 30506

          Getting around

          0 / 100
          Car-Dependent
          1 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating
          Schools provided by the listing agent
          • Elementary: Mount Vernon
          • Middle: North Hall
          • High: North Hall

          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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