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For sale

5359 Point South Drive, Gainesville, GA 30504

Listing by The Norton Agency

Beds
5
Baths
4.5
Sq ft
3,682
Lot
2.46 acres

About this home

Lake Lanier living takes on a whole new meaning when you have room to spread out-on the water and on the land. Set on approximately 2.46 acres across two platted lots in sought-after Pointe South, this distinctive lake property pairs a stately four-sided brick home with nearly 160 feet of shoreline, a private cove, an additional buildable lot, and exceptional possibilities for the future. The lakefront lot is currently improved with a single-slip placeholder dock, while the property is permitted for an upgraded 32' x 32' double-slip dock. A gentle golf-cart-friendly path makes getting to the water easy, and recent shoreline improvements include new rip-rap and newly constructed dock steps to the ramp. Whether your days are spent boating, entertaining at the dock, cruising to dinner, or simply enjoying the quiet of the cove, this is a setting designed for the Lake Lanier lifestyle. The European-inspired residence offers timeless architecture, generous living spaces, and a layout that works equally well for everyday living and entertaining. The main level welcomes you with a dramatic two-story foyer and great room, hardwood flooring throughout much of the living area, formal dining room, private office or music room, and multiple fireplaces. The spacious kitchen features solid-surface countertops, a gas range, dual ovens, abundant cabinetry, a breakfast area, and an adjoining vaulted keeping/family room. An expansive rear deck overlooks the wooded backyard and provides another inviting place to enjoy the surroundings. The main-level primary suite features direct porch access, a trey ceiling with indirect lighting, spacious bath with vaulted ceiling, dual vanities, and generous walk-in closets. Upstairs are three oversized bedrooms, two full baths, and a large bonus room offering flexibility for guests, recreation, or additional workspace. The partially finished terrace level adds tremendous potential. Already served by HVAC and with plumbing, electrical, and framing in place, it includes a media room with in-wall speakers along with additional daylight spaces ready to become bedrooms, a game room, home office, gym, or expanded entertaining areas. A bath has been started (waiting for your finish style), and walkout access leads directly to the lower outdoor living area and backyard. Perhaps one of the property's most compelling features is the second buildable lot. Preserve it for added privacy or explore the possibilities of a future second residence, guest home, or resort-style infinity edge pool and spa with cabana. With substantial acreage, lake frontage, dock and two separate platted lots, this property offers options rarely found together on Lake Lanier. Located just minutes from downtown Gainesville, I-985, shopping, dining, and everyday conveniences, 5359 Point South Drive is more than a lake home-it's an opportunity to shape a Lake Lanier property around the way you want to live.

Type
Single Family Residence
Year built
2001
Price per sq ft
$502
HOA
$1,500/mo
Garage
—
Property tax (2025)
$12,202/yr
Listed
—
MLS #
10836285

Features

WaterfrontBasement

Interior

Bookcases · Double Vanity · High Ceilings · Master On Main Level · Rear Stairs · Vaulted Ceiling(s) · Walk-In Closet(s)

Appliances

Dishwasher · Disposal · Double Oven · Gas Water Heater · Microwave · Refrigerator

Exterior

Dock

Heating

Central · Natural Gas · Zoned

Cooling

Ceiling Fan(s) · Central Air · Zoned

Flooring

Carpet · Hardwood · Tile

View

Lake

Lot

Corner Lot · Level · Private

Property details

Interior

Bedrooms on main level:
1
Primary bedroom on main:
Yes
Fireplaces:
2
Fireplace features:
Factory Built, Gas Log, Gas Starter, Living Room
Basement:
Bath Finished, Daylight, Exterior Entry, Interior Entry, Unfinished
Laundry:
Mud Room
Windows:
Bay Window(s), Double Pane Windows
Security:
Security System, Smoke Detector(s)
Levels:
Three Or More

Exterior and lot

Lot size:
2.46 acres
Patio and porch:
Deck
Other structures:
Covered Dock

Construction

Architectural style:
Brick 4 Side, European, Traditional
Construction materials:
Brick
Roof:
Composition
Property condition:
Resale

Utilities

Sewer:
Septic Tank
Water source:
Public
Electric:
220 Volts
Utilities:
Cable Available, Electricity Available, High Speed Internet, Natural Gas Available, Phone Available, Underground Utilities, Water Available

Parking

Parking total:
3
Parking features:
Garage, Side/Rear Entrance

Community and HOA

Subdivision:
Point South
HOA:
Yes
HOA fee:
$1,500/month
Association fee includes:
Reserve Fund
Community features:
Street Lights

Taxes and financial

Annual tax amount:
$12,202 (2025)
Listing terms:
Cash, Conventional

Monthly cost

Estimated monthly cost

$12,554/mo

Principal & interest
$9,113
Property taxes
$1,017
Home insurance
$925
HOA dues
$1,500

$370,000

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 14, 2026Listed for sale$1,850,000

Schools

  • Everwood

    Elementary

  • West Hall

    Middle

  • West Hall

    High

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

Location

More homes in Point South

Listing information

Listing office:
The Norton Agency
Listing ID:
10836285
Status:
For sale

Source: Georgia MLS · Updated 12m ago · Nov 10, 2026, 6:30 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, 6:30 AM ET

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