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!
Closed
$860,000
5265 Madge Ln, Gainesville, GA 30506
3beds
6,592sqft
Single Family Residence, Residential
Built in 2017
8.07 Acres Lot
$1,126,900 Zestimate®
$130/sqft
$3,901 Estimated rent
Home value
$1,126,900
$992,000 - $1.30M
$3,901/mo
Zestimate® history
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List your homeWhat's special
In-ground saltwater poolStunning lake lanier viewsOpen-concept layoutLots of pantry spaceSmart home systemsGourmet kitchen with island
Zillow last checked:
Listing updated:
Listed by:
Chris McCall,
Chris McCall Realty, LLC 770-297-6800
Bought with:
Troy Bensinger, 355595
Keller Williams Realty Atlanta Partners
Source: FMLS GA,MLS#: 7613224
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, Laundry, Office
Primary bedroom
- Features: Master on Main, Oversized Master, Sitting Room
- Level: Master on Main, Oversized Master, Sitting Room
Bedroom
- Features: Master on Main, Oversized Master, Sitting Room
Primary bathroom
- Features: Double Vanity, Shower Only
Dining room
- Features: Dining L
Kitchen
- Features: Breakfast Bar, Breakfast Room, Eat-in Kitchen, Kitchen Island, Pantry, Solid Surface Counters, View to Family Room
Heating
- Central, Heat Pump
Cooling
- Ceiling Fan(s), Central Air, Electric, Heat Pump
Appliances
- Included: Dishwasher, Double Oven, Electric Range, Electric Water Heater, Microwave
- Laundry: In Kitchen, Laundry Room, Main Level, Mud Room
Features
- Double Vanity, Entrance Foyer, High Speed Internet, Walk-In Closet(s)
- Flooring: Carpet, Hardwood
- Windows: Double Pane Windows, Insulated 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: 6,592
- Total interior livable area: 6,592 sqft
- Finished area above ground: 3,952
- Finished area below ground: 0
Property
Parking
- Total spaces: 3
- Parking features: Attached, Detached, Garage, Garage Door Opener, Kitchen Level, RV Access/Parking
- Attached garage spaces: 3
Accessibility
- Accessibility features: Accessible Doors, Accessible Elevator Installed, Accessible Entrance, Accessible Full Bath, Accessible Kitchen
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck, Front Porch, Patio
- Exterior features: Garden, Private Yard, No Dock
- Pool features: In Ground, Salt Water
- Spa features: None
- Fencing: Back Yard
- Has view: Yes
- View description: Lake, River
- Has water view: Yes
- Water view: Lake,River
- Waterfront features: Lake Front, River Front, Waterfront, Lake, Stream or River On Lot
- Body of water: Lanier
- Frontage length: Waterfrontage Length(1200)
Lot
- Size: 8.07 Acres
- Dimensions: 394x778x560x1099
Details
- Additional structures: Garage(s), RV/Boat Storage, Workshop
- Additional parcels included: 0
- Parcel number: 11058 000033
- Other equipment: None
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Craftsman,Traditional
- Property subtype: Single Family Residence, Residential
Materials
- Cement Siding, 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, Phone Available
Green energy
- Energy efficient items: Insulation, Windows
- Energy generation: None
Community & HOA
Community
- Features: Lake, Stream Year Round
- Security: Fire Alarm, Smoke Detector(s)
- Subdivision: None
HOA
- Has HOA: No
Location
- Region: Gainesville
Financial & listing details
- Price per square foot: $130/sqft
- Tax assessed value: $861,750
- Annual tax amount: $7,879
- Date on market: 7/10/2025
- Cumulative days on market: 64 days
- Ownership: Fee Simple
- Electric utility on property: Yes
- Road surface type: Gravel
Price history
| Date | Event | Price |
|---|---|---|
| 10/15/2025 | Sold | $860,000-6.5%$130/sqft |
Source:  FMLS GA #7613224 Report a problem | ||
| 9/24/2025 | Pending sale | $920,000$140/sqft |
Source:  GAMLS #10561445 Report a problem | ||
| 9/2/2025 | Price change | $920,000-2.6%$140/sqft |
Source: GAMLS #10561445 Report a problem | ||
| 8/17/2025 | Price change | $945,000-0.5%$143/sqft |
Source: GAMLS #10561445 Report a problem | ||
| 8/13/2025 | Price change | $950,000-1.6%$144/sqft |
Source: GAMLS #10561445 Report a problem | ||
| 8/10/2025 | Price change | $965,000-1%$146/sqft |
Source: GAMLS #10561445 Report a problem | ||
| 7/28/2025 | Price change | $975,000-1%$148/sqft |
Source: GAMLS #10561445 Report a problem | ||
| 7/16/2025 | Price change | $985,000-1%$149/sqft |
Source: GAMLS #10561445 Report a problem | ||
| 7/10/2025 | Listed for sale | $995,000-0.3%$151/sqft |
Source: GAMLS #10561445 Report a problem | ||
| 6/9/2025 | Listing removed | $998,000$151/sqft |
Source: FMLS GA #7481644 Report a problem | ||
| 5/24/2025 | Price change | $998,000-16.8%$151/sqft |
Source: GAMLS #10419835 Report a problem | ||
| 5/20/2025 | Price change | $1,200,000+11.6%$182/sqft |
Source: GAMLS #10419835 Report a problem | ||
| 3/21/2025 | Price change | $1,075,000-5.3%$163/sqft |
Source: FMLS GA #7481644 Report a problem | ||
| 3/6/2025 | Price change | $1,135,000-3.4%$172/sqft |
Source: FMLS GA #7481644 Report a problem | ||
| 2/19/2025 | Price change | $1,175,000-1.7%$178/sqft |
Source: FMLS GA #7481644 Report a problem | ||
| 1/18/2025 | Price change | $1,195,000-4.4%$181/sqft |
Source: FMLS GA #7481644 Report a problem | ||
| 12/23/2024 | Price change | $1,250,000-3.5%$190/sqft |
Source: GAMLS #10419835 Report a problem | ||
| 11/27/2024 | Listed for sale | $1,295,000$196/sqft |
Source: FMLS GA #7481644 Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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
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Nearby schools
GreatSchools rating
- 7/10Mount Vernon Elementary SchoolGrades: PK-5Distance: 2.2 mi
- 6/10North Hall Middle SchoolGrades: 6-8Distance: 1.6 mi
- 8/10North Hall High SchoolGrades: 9-12Distance: 1.6 mi
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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Estimated market value
$1,126,900
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Estimated market value
$1,126,900
- Georgia
- Hall County
- Gainesville
- 30506
- 5265 Madge Ln
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