2432 Thompson Mill Road
Gainesville, GA, 30506 $ 987,700
Bedrooms5 Baths3.1 Sq 6,683 Monthly Estimate*
$ 6,162
for $987,700 with 5 bedrooms and 3 full baths, 1 half bath. This 6,683 square foot home was built in 1973 on a lot size of 1.45.
MOVE IN LAKE LUXE! INSTANT $131,200 IN YOUR POCKET! Build wealth. Live poolside. This isn't just a home - it's a statement. Priced below market and appraised at $1.12M, you walk in with $132,300 in instant equity. Plus, the seller is offering $10,000 inclosing costs, making this one of Lake Lanier's most luxurious deals. Located minutes from Laurel Park, Lake Lanier, and downtown Gainesville, this gorgeous modern renovation delivers high-end design and resort-style living: Stately double doors open to a dramatic great room with wall-to-wall windows and backyard views. Chef's kitchen with quartz counters, glass-front cabinets, and top-tier stainless appliances - including a 6-burner gas range and French 4-door fridge. Oversized primary suite with dual walk-in closets, sitting room, fireplace, and wet bar = pure indulgence! Spa-inspired ensuite bathroom with marble-tiled shower, soaking tub, and double vanities. Finished basement with wet bar, full bath, cozy fireplace, and extra bedrooms for guests or flex space. Dual driveways for easy entertaining, boat/RV storage, or extra parking. 1.45-acre lot with new deck, fenced backyard, and in-ground pool ready for parties, pets, or peaceful mornings-outdoor living goals! Whether you're upgrading your lifestyle or investing smart, this home delivers luxury, equity, and location - all in one. Come see why this one's built for your next chapter.
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FeaturesInteriorInterior Amenities Beamed Ceilings Double Vanity Vaulted Ceiling(s) Walk-In Closet(s) Wet Bar
Basement Bath Finished Daylight Exterior Entry Finished Full
Flooring Hardwood Tile
Total Fireplaces 3
Fireplace Features Basement Master Bedroom
Common Walls No Common Walls
Air Conditioning Y/N Y
Heating Y/N Y
Window Features Double Pane Windows
Fireplace Y/N Y
Above Grade Finished Area 3771
Half Baths 1
Laundry Features Other
Total Bedrooms 5
Below Grade Finished Area 2912
Main Level Bedrooms 2
Main Level Bathrooms 1
Below Grade Finished Area Unit Type Square Feet
Above Grade Finished Area Unit Type Square Feet
Kitchen Features Breakfast Area Breakfast Bar Kitchen Island
Total Baths 4
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GeneralSewer Public Sewer
Heating Central
Cooling Ceiling Fan(s) Central Air
Utilities Cable Available Electricity Available Natural Gas Available Phone Available Water Available
Roof Composition
Appliances Dishwasher Disposal Microwave Refrigerator
HOA Fee 0
Association Fee Includes None
Patio/Porch Features Deck
Architectural Style Contemporary
Pool Features In Ground
Security Features Carbon Monoxide Detector(s) Smoke Detector(s)
Construction Materials Stone Stucco
Year Built 1973
Levels Three Or More
Property Subtype Single Family Residence
Tax Year 2024
Waterfront Features No Dock Or Boathouse
Community Features Lake
County Hall
New Construction N
Property Type Residential
HOA N
Attached Garage N
Energy Efficient Appliances Thermostat
Subdivision Name Chattahoochee Estates
Garage Y/N Y
Full Baths 3
Status Active
Directions USE GPS/MAPPING SOFTWARE/APPS
High School North Hall
City Gainesville
Body of Water Lanier
Senior Community Y/N N
Lot Size Units Acres
Lot Size Square Feet 63162
Carport Y/N N
Elementary School Other
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 1750
Home Warranty Y/N Y
Middle/Junior High School North Hall
Property Condition Updated/Remodeled
Structure Type House
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
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ExteriorParking Features Garage Garage Door Opener
Lot Features Private
Water Source Public
Total Parking 2
Lot Size Area 1.45
Foundation Details Block
Spa N
Building Area Total 6683
Lot Size Acres 1.45
Lot Size Source Public Records
Waterfront Y/N N
Horse Y/N N
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* Excluded FeaturesList ByVirtual Properties Realty.ComBroker
Affordability Calculator
- Monthly Principal & Interest
- $6,162
- Monthly Property Taxes
- $146
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Gainesville, GA
Average List Price $665,500
Percent of Sale Price 33%
About Gainesville, GA 40,554 Population
23% Since 2002
$ 42,535 Median Income
32.19 Median Age
35% Households with Children
Trends Information provided by ATTOM Data Solutions.
5338488 Elementary School
4135927 Middle School
North Hall High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 11/26/2025 | $987,700 | -0.11% | Price Down |
| 11/14/2025 | $988,800 | -0.07% | Price Down |
| 10/29/2025 | $989,500 | -0.70% | Price Down |
| 10/15/2025 | $996,500 | -0.12% | Price Down |
| 10/2/2025 | $997,700 | -0.11% | Price Down |
| 9/17/2025 | $998,800 | -0.07% | Price Down |
| 8/22/2025 | $999,500 | | Listed Price |