3214 Simpson Park Road
Gainesville, GA, 30506 $ 1,250,000
Baths0.0 Monthly Estimate*
$ 7,696
Studio for $1,250,000. This home was built in 2019 on a lot size of 0.58.
Rare Lakefront Home or Investment Opportunity, Dual Homes on Nearly Flat Lot! Welcome to your dream lakefront retreat on beautiful Lake Lanier, where luxury, flexibility, and income potential come together on one exceptional property. This rare offering features two homes situated on an expansive, nearly flat lot with an impressive 285 feet of shoreline in a quiet deep-water cove—an uncommon find compared to the typical steep lake lots in the area. The main residence is a charming ranch-style lakehouse offering 3 bedrooms and 2 bathrooms, designed with an open and inviting layout that captures stunning lake views. Spacious upper and lower decks create the perfect setting for entertaining, relaxing, or simply enjoying the peaceful waterfront surroundings. Above the detached two-car garage sits a fully equipped 1 bedroom, 1 bathroom studio apartment complete with a full kitchen, walk-in closet, new HVAC system, and a private wrap-around deck overlooking the water. This space is ideal for guests, extended family, or as a separate rental unit. This property is move-in or rental ready at closing, with most furnishings and décor included, making it an effortless transition for the next owner. Located in Hall County, where short-term rentals are permitted, the possibilities are endless—live in one home and rent the other, lease both for maximum income, or create the ultimate private family compound. The home also has a proven track record as a successful vacation rental. Outdoors, the beautifully manicured lot offers easy access to the water with a gentle slope rarely found on Lake Lanier. The property currently features a single-slip dock with an attached jet ski port, and approval has already been secured through the U.S. Army Corps of Engineers for a potential dual-slip dock, giving buyers the option to expand. Enjoy the best of lake living with peaceful surroundings while remaining conveniently close to local marinas, restaurants, and attractions. Whether you're searching for a full-time residence, a vacation getaway, or a high-performing investment property, this unique lakefront estate delivers exceptional value and opportunity. You always have a great open view due to Core Engineers mowing permit. Lake views from all rooms and decks. Deep water dock even when lake levels are low.
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FeaturesGeneralSewer Septic Tank
Heating Central
Cooling Ceiling Fan(s) Central Air
Utilities Cable Available Electricity Available Natural Gas Available Phone Available Water Available
Roof Composition
Security Features None
Construction Materials Frame Vinyl Siding
Year Built 2019
View Lake Trees/Woods Water
Levels Two
Property Subtype Other
Tax Year 2025
Parcel Number 10086 000039A
Waterfront Features Lake Front Waterfront
Community Features Boating Fishing Lake Near Schools Near Shopping
Accessibility None
County Hall - GA
Property Type Residential Income
HOA false
Energy Efficient Windows
Subdivision Name Simpson Park
Green Energy Generation None
Status Active
Directions 53 west left on jennings rd
High School Chestatee
City Gainesville
Body of Water Lanier
Number Of Units Total 2
Elementary School Sardis
Property Attached Y/N false
Tax Annual Amount 12133
Home Warranty Y/N false
Middle/Junior High School Chestatee
Property Condition Resale
Standard Status Active
Freehold IDX
Corporate Owner None
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InteriorWindow Features Double Pane Windows Insulated Windows
Total Baths 0
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ExteriorFencing None
Parking Features Attached Driveway Garage
Lot Features Rectangular Lot Other
Water Source Public
Lot Dimensions 96 x 285
Lot Size Acres 0.58
Lot Size Source Public Records
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* Excluded FeaturesList ByKeller Williams Realty Peachtree Rd.Broker
tonybensonrealestate@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $7,696
- Monthly Property Taxes
- $1,011
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% 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 NearbyMulti-family listings in Gainesville, GA
Average List Price $1,186,606
Percent of Sale Price 5%
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.
4134599 Elementary School
4783289 Middle School
Chestatee High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 4/29/2026 | $1,250,000 | | Listed Price |