## Unique Country Farmhouse Estate & Business Opportunity **Address:** 5129 4th Colony Dr, Gainesville, GA 30504 **NO HOA!** Welcome to a truly unique country farmhouse estate that offers the modern flexibility business owners, hobbyists, and entrepreneurs dream of. Set on a charming, wide-open lot close to the lake, this property delivers an unmatched blend of rustic character, professional utility, and absolute freedom-with no HOA restrictions to hold you back. ### Main Residence & Interior Highlights The main house spans 2,125 sq. ft. and features 3 bedrooms and 3 bathrooms, complete with a classic country kitchen, a cozy keeping room, and 2 inviting fireplaces. Breathtaking, real large-plank wood floors-alongside rich mahogany and pine accents-flow throughout the home, adding incredible warmth, authenticity, and architectural elegance, all supported by an attached garage space for daily convenience. ### Exceptional Outbuildings & Business Potential Designed for maximum versatility, the expansive grounds feature incredible separate structures tailored for a home business, creative studio, workshop, or ultimate entertaining space. A separate guest house/office structure is ideal for a private home-based business, client meetings, remote workspace, or independent guest quarters. The barn/wood shop provides a dream setup for woodworkers, contractors, hobbyists, or extra storage and agricultural needs. Additionally, a standout custom clubhouse bar building serves as an outfitted multi-use outbuilding for hosting gatherings, relaxing after a long day, or acting as a private recreational lounge. ### Exterior & Grounds Encompassing 2.6 beautifully utilized acres, the property features level pasture spaces and fresh laid gravel driveways and parking areas. It is a gardeners' paradise boasting a massive, fertile garden area ready for your green thumb, homesteading projects, or farm-to-table growing. Perfectly positioned close to the lake, the estate combines peaceful country ambiance with quick access to local conveniences and recreation. Whether you are looking for an inspiring live-work setup, space to run a business, or a private multi-structure homestead with incredible character and zero HOA oversight, this one-of-a-kind Gainesville property is a must-see.
Active
Price cut: $25K (9/4)
$600,000
5129 Fourth Colony Dr, Gainesville, GA 30504
3beds
2,125sqft
Single Family Residence
Built in 1971
2.6 Acres Lot
$580,200 Zestimate®
$282/sqft
$-- HOA
What's special
Attached garage spaceLevel pasture spacesCozy keeping roomClassic country kitchenMassive fertile garden areaCustom clubhouse bar building
- 70 days
- 514
- 52
Zillow last checked:
Listing updated:
Listed by:
North Georgia Group 404-997-2065,
Keller Williams Community Partners,
Stephen Baker 770-315-3144,
Keller Williams Community Partners
Source: GAMLS,MLS#: 10815245
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Rooms
- Room types: Keeping Room, Laundry
Dining room
- Features: Separate Room
Kitchen
- Features: Breakfast Bar, Kitchen Island, Solid Surface Counters
Heating
- Electric
Cooling
- Ceiling Fan(s), Central Air
Appliances
- Included: Dishwasher, Microwave, Oven/Range (Combo), Refrigerator, Stainless Steel Appliance(s)
- Laundry: In Kitchen
Features
- Beamed Ceilings, High Ceilings
- Flooring: Hardwood
- Basement: Crawl Space
- Number of fireplaces: 2
- Fireplace features: Gas Starter, Living Room, Masonry
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 2,125
- Total interior livable area: 2,125 sqft
- Finished area above ground: 2,125
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Total spaces: 1
- Parking features: Attached, Garage, Guest, Kitchen Level, Off Street, Parking Pad
- Has attached garage: Yes
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: Porch, Screened
- Exterior features: Garden
- Fencing: Fenced,Other,Wood
- Body of water: None
Lot
- Size: 2.6 Acres
- Features: Corner Lot, Level, Private
- Residential vegetation: Grassed, Partially Wooded
Details
- Additional structures: Barn(s), Guest House, Other, Outbuilding, Second Residence, Workshop
- Parcel number: 08061 000001D
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Colonial,Country/Rustic
- Property subtype: Single Family Residence
Materials
- Other
- Foundation: Block, Pillar/Post/Pier
- Roof: Composition
Condition
- Resale
- New construction: No
- Year built: 1971
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
- Utilities for property: Cable Available, Electricity Available, High Speed Internet, Natural Gas Available, Water Available
Community & HOA
Community
- Features: None
- Security: Smoke Detector(s)
- Subdivision: Fourth Colony
HOA
- Has HOA: No
- Services included: None
Location
- Region: Gainesville
Financial & listing details
- Price per square foot: $282/sqft
- Tax assessed value: $326,860
- Annual tax amount: $1,121
- Date on market: 7/30/2026
- Cumulative days on market: 70 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Electric utility on property: Yes
Estimated market value
$580,200
$551,000 - $609,000
$2,628/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/4/2026 | Price change | $600,000-4%$282/sqft |
Source: | ||
| 7/30/2026 | Listed for sale | $625,000+131.9%$294/sqft |
Source: | ||
| 5/18/2018 | Sold | $269,500-2%$127/sqft |
Source: | ||
| 4/27/2018 | Pending sale | $275,000$129/sqft |
Source: Berkshire Hathaway HomeServices Georgia Properties - 400 North #5996307 Report a problem | ||
| 4/20/2018 | Listed for sale | $275,000+52.8%$129/sqft |
Source: Berkshire Hathaway HomeServices Georgia Properties #5996307 Report a problem | ||
| 1/10/2014 | Sold | $180,000-10%$85/sqft |
Source: | ||
| 11/21/2013 | Pending sale | $199,900$94/sqft |
Source: Norton Agency #4280212 Report a problem | ||
| 10/5/2011 | Listed for sale | $199,900-25.9%$94/sqft |
Source: Norton Agency #4280212 Report a problem | ||
| 7/2/2011 | Listing removed | $269,900$127/sqft |
Source: Norton Agency #4045574 Report a problem | ||
| 4/18/2010 | Listed for sale | $269,900$127/sqft |
Source: NORTON AGENCY #4045574 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,524 -52% | $130,744 +1.4% |
| 2024 | $3,174 -0.3% | $128,904 +3.2% |
| 2023 | $3,184 +12.2% | $124,904 +17.4% |
| 2022 | $2,838 -2.3% | $106,424 +3.4% |
| 2021 | $2,904 +7.9% | $102,944 +5% |
| 2020 | $2,690 +0.2% | $98,024 +5.7% |
| 2019 | $2,685 +12.2% | $92,704 +11.4% |
| 2018 | $2,392 -1% | $83,184 +9.8% |
| 2017 | $2,417 +13.7% | $75,744 +0.4% |
| 2016 | $2,125 -0.8% | $75,448 |
| 2015 | $2,141 | $75,448 |
| 2014 | $2,141 | $75,448 |
| 2013 | -- | -- |
| 2012 | -- | -- |
| 2011 | -- | -- |
| 2010 | -- | -- |
| 2009 | $1,864 +2.7% | -- |
| 2007 | $1,815 +1.4% | -- |
| 2006 | $1,789 +5.4% | -- |
| 2005 | $1,697 +222.8% | -- |
| 2004 | $526 -0.2% | -- |
| 2003 | $527 +0.7% | -- |
| 2002 | $523 -61.4% | -- |
| 2001 | $1,355 -0.2% | -- |
| 2000 | $1,358 | $60,088 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 30504
Nearby schools
Schools provided by the listing agent
- Elementary: McEver
- Middle: Chestatee
- High: Chestatee
Source: GAMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.







