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For sale

$495,000

Price cut $65,000

Est. monthly cost

$2,923/mo

5085 Balus Drive, Gainesville, GA 30504

Listing by Keller Williams Realty Atl. Partners

Beds
3
Baths
2
Sq ft
1,218
Lot
15,246 sqft

About this home

Discover the ultimate family retreat in this serene, 113 feet of lakefront sanctuary. Nestled on a quiet, private cul-de-sac, this home offers the perfect blend of natural beauty and modern living, providing a grounding escape from the everyday hustle. This home is turn-key and meticulously updated, boasting over $135,750 in recent improvements: Exterior & Waterfront: Enjoy a brand-new roof and gutters (2025), a stunning two-level dock with rip-rap and stairs, an updated porch, and recent property grading. Modern Systems: Worry-free living with a new septic system, new gas and plumbing lines, and updated light fixtures throughout. Interior Upgrades: Newly installed appliances, fresh flooring, a remodeled second bathroom, and a newly added office space provide comfort and functionality for the whole family. The property is defined by its tranquility-wake up to the stillness of the lake and enjoy deer wandering through the grounds. Located in a wonderful, friendly neighborhood with long-term residents, you gain significant privacy while remaining just a short drive from the amenities of downtown Oakwood and Gainesville.

Type
Single Family Residence
Year built
1962
Price per sq ft
$406
HOA
None
Garage
—
Property tax (2025)
$2,843/yr
Listed
—
MLS #
10787289

Features

WaterfrontBasement

Interior

Beamed Ceilings · Master On Main Level · Rear Stairs

Appliances

Dishwasher · Dryer · Microwave · Refrigerator · Washer

Exterior

Dock

Heating

Central

Cooling

Ceiling Fan(s) · Central Air

Flooring

Laminate · Tile

View

Lake

Lot

Cul-De-Sac

Property details

Interior

Bedrooms on main level:
3
Primary bedroom on main:
Yes
Basement:
Exterior Entry, Partial
Laundry:
In Basement
Security:
Smoke Detector(s)
Levels:
One and One Half

Exterior and lot

Lot size:
0.35 acres
Patio and porch:
Patio, Screened
Other structures:
Other
Waterfront features:
Lake, Lake Privileges

Construction

Architectural style:
Brick 3 Side, Ranch
Construction materials:
Brick, Concrete
Roof:
Composition
Property condition:
Resale

Utilities

Sewer:
Septic Tank
Water source:
Public
Utilities:
Cable Available, Electricity Available, Phone Available, Water Available

Parking

Parking total:
4
Parking features:
Kitchen Level

Community and HOA

Subdivision:
Lake Lanier
HOA:
No

Taxes and financial

Annual tax amount:
$2,843 (2025)

Monthly cost

Estimated monthly cost

$2,923/mo

Principal & interest
$2,438
Property taxes
$237
Home insurance
$248

$99,000

Estimate only. Taxes use the listing's most recent figure where available; insurance assumes 0.6% of price per year, typical for the area, not including flood cover. Mortgage insurance applies below 20% down.

Price & status history

DateEventPrice
Sep 16, 2026Listed for sale$560,000

Schools

  • Everwood

    Elementary

  • West Hall

    Middle

  • West Hall

    High

School assignments can change — verify with the district before you buy.

Location

More homes in Lake Lanier

Listing information

Listing office:
Keller Williams Realty Atl. Partners
Listing ID:
10787289
Status:
For sale

Source: Georgia MLS · Updated 1m ago · Nov 10, 2026, 5:15 AM ET

Georgia MLS

Listings courtesy of Georgia MLS. Listing information © 2026 Georgia MLS. All rights reserved. Each listing names its listing firm.

© 2026 Georgia MLS. All rights reserved. Information is deemed reliable but is not guaranteed. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by GAMLS. Last updated Nov 10, 2026, 5:15 AM ET

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