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  • $450,000

    5387 Ponderosa Farm Rd, Gainesville, GA 30507

    5beds
    2,601sqft
    Single Family Residence
    Built in 2017
    0.93 Acres Lot
    $447,200 Zestimate®
    $173/sqft
    $2,516 Estimated rent

    Home value

    $447,200

    $411,000 - $487,000

    $2,516/mo

    Zestimate® history
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    What's special

    Back on Market, through No Fault of Seller! 2.87% Rate Assumable FHA with Roam! Welcome to this charming and well-maintained home situated on a spacious 1-acre flat lot in beautiful Gainesville, GA. This inviting property features classic details like crown molding, a cozy brick fireplace, and an open-concept layout with views from the kitchen to the family room. The kitchen is designed for both function and style with white cabinets, granite countertops, and plenty of space for entertaining. Enjoy the ease of a master suite on the main level, and soak in the serene views of a peaceful horse farm directly across the street. Watch stunning sunsets from your backyard, which offers ample space for a garden and includes a convenient storage shed. Perfectly located just minutes from Lake Lanier, Don Carter State Park, and the vibrant shops and restaurants of downtown Gainesville, this home offers the best of both tranquility and convenience. Outdoor enthusiasts will love the easy access to boating, hiking, and golf. You're also just a short drive from I-985 and Highway 129, making commuting to Atlanta or exploring North Georgia a breeze. Don't miss this rare opportunity to enjoy country living with modern comforts and quick access to everything Gainesville has to offer! Located in the Cherokee Bluff school district - bus picks up / drops off in front of house.

    Zillow last checked:

    Listing updated:

    Listed by:

    Mark Spain 770-886-9000,

    Mark Spain Real Estate,

    Vickaramjit Sura 573-301-8813,

    Mark Spain Real Estate

    Bought with:

    Carlos Giraldo, 361231

    Keller Williams Chattahoochee

    Source: GAMLS,MLS#: 10538872MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    • Main level bathrooms: 1
    • Main level bedrooms: 1
    Rooms
    • Room types: Foyer, Other
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Microwave
    • Laundry: Other
    Features
    • Master On Main Level
    • Flooring: Carpet, Laminate
    • Windows: Double Pane Windows
    • Basement: None
    • Number of fireplaces: 1
    • Fireplace features: Living Room
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 2,601
    • Total interior livable area: 2,601 sqft
    • Finished area above ground: 2,601
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage
    • Has garage: Yes
    Features
    • Levels: Two
    • Stories: 2
    • Fencing: Back Yard
    • Waterfront features: No Dock Or Boathouse
    • Body of water: None
    Lot
    • Size: 0.93 Acres
    • Features: Level
    Details
    • Additional structures: Shed(s)
    • Parcel number: 15028 000248

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Traditional
    • Property subtype: Single Family Residence
    Materials
    • Other
    • Foundation: Slab
    • Roof: Other
    Condition
    • Resale
    • New construction: No
    • Year built: 2017
    Details
    • Warranty included: Yes

    Utilities & green energy

    • Electric: 220 Volts
    • Sewer: Septic Tank
    • Water: Public
    • Utilities for property: Water Available

    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: $173/sqft
    • Tax assessed value: $387,600
    • Annual tax amount: $4,484
    • Date on market: 7/6/2025
    • Cumulative days on market: 113 days
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional,FHA

    Price history

    DateEventPrice
    12/9/2025Sold$450,000$173/sqft
    Source: GAMLS #10538872 Report a problem
    11/7/2025Pending sale$450,000$173/sqft
    Source: GAMLS #10538872 Report a problem
    10/29/2025Price change$450,000-6.2%$173/sqft
    Source: GAMLS #10538872 Report a problem
    10/19/2025Pending sale$479,600$184/sqft
    Source: GAMLS #10538872 Report a problem
    9/12/2025Price change$479,600-4.1%$184/sqft
    Source: GAMLS #10538872 Report a problem
    8/4/2025Price change$500,000-5.7%$192/sqft
    Source: GAMLS #10538872 Report a problem
    7/6/2025Listed for sale$530,000+77.6%$204/sqft
    Source: GAMLS #10538872 Report a problem
    4/6/2020Listing removed$298,400$115/sqft
    Source: RE/MAX Tru #8708570 Report a problem
    3/30/2020Pending sale$298,400-0.5%$115/sqft
    Source: RE/MAX Tru #8708570 Report a problem
    3/27/2020Sold$300,000+0.5%$115/sqft
    Source: GAMLS #8708570 Report a problem
    2/17/2020Listed for sale$298,400$115/sqft
    Source: RE/MAX TRU #6658047 Report a problem
    2/14/2020Pending sale$298,400$115/sqft
    Source: RE/MAX TRU #6658047 Report a problem
    2/7/2020Price change$298,400-0.2%$115/sqft
    Source: RE/MAX TRU #6658047 Report a problem
    1/17/2020Price change$298,900-0.3%$115/sqft
    Source: RE/MAX TRU #6658047 Report a problem
    12/18/2019Listed for sale$299,900+20%$115/sqft
    Source: RE/MAX TRU #6658047 Report a problem
    10/31/2017Sold$249,900$96/sqft
    Source: FMLS GA #5865210 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,720 -17%$155,040 -17.1%
    2024$4,484 +7.6%$187,080 +11.4%
    2023$4,169 +18.5%$167,880 +23.7%
    2022$3,517 +7.3%$135,760 +13.7%
    2021$3,279 +1.6%$119,440 +1.5%
    2020$3,227 +1.9%$117,720 +5.3%
    2019$3,166 +10.7%$111,800 +9.6%
    2018$2,859 $102,040
    Find assessor info on the county website

    Neighborhood: 30507

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Chestnut Mountain
    • Middle: Cherokee Bluff
    • High: Cherokee Bluff

    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
    $447,200
    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
    $447,200