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  • $860,000

    5265 Madge Ln, Gainesville, GA 30506

    3beds
    3,952sqft
    Single Family Residence
    Built in 2017
    8.07 Acres Lot
    $1,014,400 Zestimate®
    $218/sqft
    $-- Estimated rent

    Home value

    $1,014,400

    $913,000 - $1.14M

    Not available

    Zestimate® history
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    What's special

    Exceptional 3-bedroom, 3.5-bath home on 8.078 +/- acres, zoned Vacation Cottage (V-C), offering approximately 4,500 +/- sq ft of heated living space plus a full unfinished basement stubbed for additional baths, kitchen, and wood-burning stove. Built in 2019 with ICF concrete construction to the roofline, this property boasts stunning Lake Lanier views, 775' of Wahoo Creek frontage with waterfalls, and 437' bordering US Corps of Engineers property. Features include a 3-floor elevator, in-ground saltwater pool, open-concept layout with master on the main, gourmet kitchen with island, coffee room/bar lots of pantry space, mud room/laundry room, closets galore and smart home systems. Additional highlights include a 2,400 sq ft workshop with finished office, full bath, and two 12'x12' roll-up garage doors, as well as a 3-car garage and unfinished bonus space ready to customize or in-law suite. A rare find blending luxury, privacy, and endless potential!

    Zillow last checked:

    Listing updated:

    Listed by:

    Christopher McCall 770-654-8111,

    Chris McCall Realty

    Bought with:

    Troy Bensinger, 355595

    Keller Williams Realty Atl. Partners

    Source: GAMLS,MLS#: 10561445MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 5
    • Full bathrooms: 3
    • 1/2 bathrooms: 2
    • Main level bathrooms: 1
    • Main level bedrooms: 1
    Rooms
    • Room types: Bonus Room, Family Room, Foyer, Laundry, Office
    Dining room
    • Features: Dining Rm/Living Rm Combo
    Kitchen
    • Features: Breakfast Bar, Kitchen Island, Pantry, Solid Surface Counters
    Heating
    • Central, Heat Pump
    Cooling
    • Ceiling Fan(s), Central Air, Electric, Heat Pump
    Appliances
    • Included: Dishwasher, Double Oven, Electric Water Heater, Microwave
    • Laundry: In Kitchen
    Features
    • Double Vanity, Master On Main Level, Walk-In Closet(s)
    • Flooring: Carpet, Hardwood
    • Windows: Double Pane Windows
    • Basement: Bath/Stubbed,Daylight,Exterior Entry,Full,Interior Entry,Unfinished
    • Number of fireplaces: 1
    • Fireplace features: Factory Built, Family Room
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 3,952
    • Total interior livable area: 3,952 sqft
    • Finished area above ground: 3,952
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 3
    • Parking features: Attached, Garage, Garage Door Opener, Kitchen Level
    • Has attached garage: Yes
    Accessibility
    • Accessibility features: Accessible Doors, Accessible Elevator Installed, Accessible Entrance, Accessible Full Bath, Accessible Kitchen
    Features
    • Levels: Three Or More
    • Stories: 3
    • Patio & porch: Deck
    • Exterior features: Garden
    • Has private pool: Yes
    • Pool features: In Ground, Salt Water
    • Fencing: Back Yard
    • Has view: Yes
    • View description: Lake, River
    • Has water view: Yes
    • Water view: Lake,River
    • Waterfront features: Creek, Lake, Lake Privileges, No Dock Or Boathouse, No Dock Rights, Private, Stream
    • Body of water: Lanier
    • Frontage type: Lakefront,River
    • Frontage length: Waterfront Footage: 1200
    Lot
    • Size: 8.07 Acres
    • Features: Private, Sloped, Waterfall
    • Residential vegetation: Wooded
    Details
    • Additional structures: Garage(s), Workshop
    • Parcel number: 11058 000033

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Traditional
    • Property subtype: Single Family Residence
    Materials
    • Concrete, Vinyl Siding
    • Foundation: Block
    • Roof: Metal
    Condition
    • Resale
    • New construction: No
    • Year built: 2017

    Utilities & green energy

    • Electric: 220 Volts
    • Sewer: Septic Tank
    • Water: Well
    • Utilities for property: Electricity Available, High Speed Internet, Phone Available
    Green energy
    • Energy efficient items: Insulation

    Community & HOA

    Community
    • Features: None
    • Security: Smoke Detector(s)
    • Subdivision: None
    HOA
    • Has HOA: No
    • Services included: None
    Location
    • Region: Gainesville

    Financial & listing details

    • Price per square foot: $218/sqft
    • Tax assessed value: $861,750
    • Annual tax amount: $7,821
    • Date on market: 7/10/2025
    • Cumulative days on market: 76 days
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: 1031 Exchange,Cash,Conventional
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    10/15/2025Sold$860,000-6.5%$218/sqft
    Source: GAMLS #10561445 Report a problem
    9/24/2025Pending sale$920,000$233/sqft
    Source: GAMLS #10561445 Report a problem
    9/2/2025Price change$920,000-2.6%$233/sqft
    Source: GAMLS #10561445 Report a problem
    8/17/2025Price change$945,000-0.5%$239/sqft
    Source: GAMLS #10561445 Report a problem
    8/13/2025Price change$950,000-1.6%$240/sqft
    Source: GAMLS #10561445 Report a problem
    8/10/2025Price change$965,000-1%$244/sqft
    Source: GAMLS #10561445 Report a problem
    7/28/2025Price change$975,000-1%$247/sqft
    Source: GAMLS #10561445 Report a problem
    7/16/2025Price change$985,000-1%$249/sqft
    Source: GAMLS #10561445 Report a problem
    7/10/2025Listed for sale$995,000-0.3%$252/sqft
    Source: GAMLS #10561445 Report a problem
    6/9/2025Listing removed$998,000$253/sqft
    Source: FMLS GA #7481644 Report a problem
    6/3/2025Listed for sale$998,000$253/sqft
    Source: GAMLS #10419835 Report a problem
    6/1/2025Listing removed$998,000$253/sqft
    Source: FMLS GA #7481644 Report a problem
    5/24/2025Price change$998,000-16.8%$253/sqft
    Source: GAMLS #10419835 Report a problem
    5/20/2025Price change$1,200,000+11.6%$304/sqft
    Source: GAMLS #10419835 Report a problem
    3/21/2025Price change$1,075,000-5.3%$272/sqft
    Source: FMLS GA #7481644 Report a problem
    3/6/2025Price change$1,135,000-3.4%$287/sqft
    Source: FMLS GA #7481644 Report a problem
    2/19/2025Price change$1,175,000-1.7%$297/sqft
    Source: FMLS GA #7481644 Report a problem
    1/18/2025Price change$1,195,000-4.4%$302/sqft
    Source: FMLS GA #7481644 Report a problem
    12/23/2024Price change$1,250,000-3.5%$316/sqft
    Source: GAMLS #10419835 Report a problem
    11/27/2024Listed for sale$1,295,000$328/sqft
    Source: FMLS GA #7481644 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$7,910 +0.4%$344,700 +4.6%
    2024$7,879 -3.7%$329,660 -0.2%
    2023$8,179 +40.1%$330,428 +46.3%
    2022$5,837 -1.6%$225,928 +4.3%
    2021$5,931 -7.7%$216,668 -7.9%
    2020$6,429 +39.1%$235,275 +45.7%
    2019$4,622 +8.8%$161,515 +5.9%
    2018$4,248 +192.9%$152,515 +196.1%
    2017$1,450 +3.6%$51,515
    2016$1,399 -72%$51,515
    2015$4,999 $51,515 -71.8%
    2014$4,999 $182,520
    Find assessor info on the county website

    Neighborhood: 30506

    Nearby schools

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

    Source: GAMLS. 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

    $1,014,400

    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

    $1,014,400