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4214 Cherokee Trail Gainesville, GA 30504

$1,600,000

Bedrooms - 4 | Bathrooms - 2 | Subdivision - None
Family Estate, first time on market in over 50 yrs. Extensive property protected by Corps of Engineers w/2-3 peninsulas. GA Power right of way on NW side of property ensures add’l privacy & undeveloped land. Driveway extends from house to lake & 2-slip covered boat dock & swim platform. Excellent long range views from house & dock. Property located toward end of cove ensuring minimal boat traffic. House offers vaulted fireside Great Rm w/beamed ceiling & wall of windows for lake views. Eat-in Kit w/lake views. All Bdrms w/walk-in closets. Plenty of storage & privacy!!

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Lake Lanier 101

There is a lot to consider when purchasing property on Lake Lanier. Other than the normal purchase of a home you have many other factors to look at with lake property. We will try to give you some things to think about while you’re searching for property on Lake Lanier.

Location on Lake Lanier

Lake Lanier ranges almost 22 miles from top to bottom and that can make a big difference if you’re planning on commuting to and from Atlanta on a daily basis or it might not be an issue at all if this is a vacation home or if you work out of your home.

South Lake Lanier (South of Browns Bridge)

Generally speaking homes closer to the south end of Lake Lanier have a higher premium on them because of their proximity to Atlanta and the ability to have an easier commute to and from work. The other benefits of being on the southern end of Lake Lanier has to do with the amenities on the lake itself. Almost all of the marinas on Lake Lanier are on the southern half of the lake (see the marinas map). A few of these marinas also have restaurants located at them so you can park your boat, have a good meal, fuel up and get back out on the water. There are more parks on the southern portion of Lake Lanier (see parks map). Finally, you have Lake Lanier Islands on the south side of Lake Lanier which is a huge attraction because of the water park, restaurants and all of the other amenities that Lake Lanier Islands has to offer. The only down side to the south end of Lake Lanier is that it has more boat traffic usually than the northern half because of the amenities.

North Lake Lanier (North of Browns Bridge)

I have lived on the northern half of Lake Lanier for over ten years and would not change if I had to do it over again. There is generally less boating traffic and that makes it a little more tubing and skiing friendly. Currently the only marina on the northern half of Lake Lanier is Gainesville Marina with some tentative plans for another marina up the Chestatee River. There are more opportunities to buy lots on the northern half since it has not been built out as much as the south end of Lake Lanier. You will also find the newer subdivisions with all the amenities they offer on the northern end such as Harbour Point, Marina Bay and the active adult community Cresswind. All of these subdivisions offer great amenities such as swimming pools, club houses, community docks and tennis. There are many fingers and coves on the northern end which means that even on the most busy of holidays you can still find a place to park your boat, take a swim and seem as though you have the lake to yourself (even if you don’t).

Water Type

When looking for a home for sale on Lake Lanier you will hear a lot of terms describing the type of water the lot or home has (good water, deep water etc…). All of the terms pretty much boil down to water depth at your dock and the location of the dock (on the main channel, on a bay, on a point, cove or in a creek).

Water Depth

This is important because if you are on shallow water you may have to move your dock more frequently or in times of drought you may not have sufficient water at your dock to get your boat in and out. You are allowed to move your dock in, out and even laterally to “chase water” if you have to and those rules are in the Corps of Engineers Shoreline Management Plan. Everyone on Lake Lanier with a residential dock has to move it eventually because our lake levels fluctuate. Most first time people searching for a home or lot on Lake Lanier request a home or lot that is level with deep water. While this would be ideal that is not how terrain works generally. Take a look at the slope of the lot and that is how it will follow into the water. If the lot slopes significantly it will follow that same level of slope into the water and generally speaking will get deeper faster than the water with a level lot. While I have seen some exceptions, a flat level lot will follow that same slope into the water. There are benefits to both types of terrain.

Location

“Big water” is a term used to describe a home or lot that sits on a more open portion of Lake Lanier either the main channel or on a large bay or cove. This plays a big role in the price of property for a couple of reasons; view and water type. Most people would prefer a vast wide open view so those attributes add to the value of a property and the second portion is water type. An example would be if you are looking at a property on a cove or a creek; the further back in the cove or creek you are the shallower the water tends to be and the narrower the portion of water becomes. Those properties in the back of a cove or creek may be a better financial value for someone if you are willing to give up some water depth and maybe the size of dock you would like (yes, the type of water you are on also has an impact on the type of dock the corps will permit you to have).

Sponsored Lenders

Brad Taylor
LO NMLS# 461982
Brad.Taylor@nafinc.com
770-883-3100

Isaac Berry, Sr. Mortgage Loan Originator
NMLS# 250722, GA MLO #29014
GA Residential Mortgage Licensee #6578,
NMLS# 103965
Direct: 770-817-4663
Office: 770-279-0222 ext. 401