Welcome to your own private retreat in sought-after Forsyth County! Nestled on 5 beautiful, flat and wide-open acres, this property offers the space, privacy, and peaceful setting you've been looking for-all while keeping you conveniently close to Lake Lanier and the North Georgia Mountains. From nearly every window in the home, you'll enjoy picturesque views of your expansive property, bringing the beauty of the outdoors into every room. The thoughtfully designed floor plan features the primary suite on the main level, offering both comfort and convenience. Step outside and experience a backyard made for relaxing and entertaining. Spend summer days by the saltwater pool, enjoy the wide-open acreage, or simply take in the quiet surroundings and endless possibilities this property has to offer.
Active
Price cut: $39K (9/9)
$860,000
8135 Wallace Wood Rd, Gainesville, GA 30506
4beds
3,442sqft
Single Family Residence
Built in 2002
5 Acres Lot
$-- Zestimate®
$250/sqft
$-- HOA
What's special
Wide-open acreageSaltwater poolThoughtfully designed floor plan
- 49 days
- 1,327
- 103
Zillow last checked:
Listing updated:
Listed by:
Camille Allcorn 7706549509,
Keller Williams Community Partners
Source: GAMLS,MLS#: 10841625
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: Laundry, Other
Kitchen
- Features: Kitchen Island, Walk-in Pantry
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dishwasher, Microwave, Refrigerator
- Laundry: Other
Features
- Bookcases, Master On Main Level, Walk-In Closet(s)
- Flooring: Hardwood, Other
- Basement: Bath Finished,Daylight,Exterior Entry,Interior Entry
- Number of fireplaces: 1
- Fireplace features: Gas Log, Living Room
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 3,442
- Total interior livable area: 3,442 sqft
- Finished area above ground: 2,987
- Finished area below ground: 455
Property
Parking
- Total spaces: 2
- Parking features: Garage
- Has garage: Yes
Features
- Levels: One and One Half
- Stories: 1
- Patio & porch: Deck
- Exterior features: Balcony, Other
- Has private pool: Yes
- Pool features: In Ground
- Fencing: Back Yard
- Body of water: None
Lot
- Size: 5 Acres
- Features: Level, Private
Details
- Additional structures: Garage(s)
- Parcel number: 304 063
- Other equipment: Satellite Dish
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Brick, Vinyl Siding
- Foundation: Slab
- Roof: Other
Condition
- Resale
- New construction: No
- Year built: 2002
Utilities & green energy
- Electric: 220 Volts
- Sewer: Septic Tank
- Water: Public
- Utilities for property: Cable Available, Electricity Available, 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: $250/sqft
- Tax assessed value: $864,660
- Annual tax amount: $5,106
- Date on market: 8/29/2026
- Cumulative days on market: 49 days
- Listing agreement: Exclusive Right To Sell
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
$3,544/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/9/2026 | Price change | $860,000-4.3%$250/sqft |
Source:  GAMLS #10841625 Report a problem | ||
| 8/29/2026 | Listed for sale | $899,000$261/sqft |
Source:  FMLS GA #7828335 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,106 +0.7% | $345,864 +36.3% |
| 2024 | $5,072 +12.1% | $253,844 +5.2% |
| 2023 | $4,523 -2.8% | $241,248 +18.7% |
| 2022 | $4,654 +13.3% | $203,168 +21.8% |
| 2021 | $4,107 +2.9% | $166,864 +3.5% |
| 2020 | $3,992 +7.6% | $161,256 +9.5% |
| 2019 | $3,710 +15.3% | $147,332 +20.2% |
| 2017 | $3,217 +5.5% | $122,548 +6.9% |
| 2016 | $3,050 | $114,628 |
| 2015 | $3,050 +10.4% | $114,628 +6.5% |
| 2014 | $2,763 -0.2% | $107,668 |
| 2013 | $2,769 -0.9% | $107,668 -0.8% |
| 2012 | $2,793 -9.2% | $108,508 -11.5% |
| 2011 | $3,077 | $122,548 -10.7% |
| 2010 | -- | $137,228 |
| 2009 | -- | $137,228 |
| 2008 | -- | $137,228 +4.1% |
| 2007 | -- | $131,760 |
| 2006 | $2,714 +3.6% | $131,760 +4.2% |
| 2005 | $2,620 -10.3% | $126,480 -5.7% |
| 2004 | $2,922 +55.9% | $134,080 |
| 2003 | $1,874 +190.6% | -- |
| 2002 | $645 | -- |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 30506
Nearby schools
Schools provided by the listing agent
- Elementary: Chestatee
- Middle: Little Mill
- High: East Forsyth
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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