5129 Fourth Colony Drive
Gainesville, GA, 30504 $ 625,000
Bedrooms3 Baths2.1 Sq 2,125 Monthly Estimate*
$ 3,946
for $625,000 with 3 bedrooms and 2 full baths, 1 half bath. This 2,125 square foot home was built in 1971 on a lot size of 2.6.
## Unique Country Farmhouse Estate & Business Opportunity **Address:** 5129 4th Colony Dr, Gainesville, GA 30504 **NO HOA!** Welcome to a truly unique country farmhouse estate that offers the modern flexibility business owners, hobbyists, and entrepreneurs dream of. Set on a charming, wide-open lot close to the lake, this property delivers an unmatched blend of rustic character, professional utility, and absolute freedom—with no HOA restrictions to hold you back. ### Main Residence & Interior Highlights The main house spans 2,125 sq. ft. and features 3 bedrooms and 3 bathrooms, complete with a classic country kitchen, a cozy keeping room, and 2 inviting fireplaces. Breathtaking, real large-plank wood floors—alongside rich mahogany and pine accents—flow throughout the home, adding incredible warmth, authenticity, and architectural elegance, all supported by an attached garage space for daily convenience. ### Exceptional Outbuildings & Business Potential Designed for maximum versatility, the expansive grounds feature incredible separate structures tailored for a home business, creative studio, workshop, or ultimate entertaining space. A separate guest house/office structure is ideal for a private home-based business, client meetings, remote workspace, or independent guest quarters. The barn/wood shop provides a dream setup for woodworkers, contractors, hobbyists, or extra storage and agricultural needs. Additionally, a standout custom clubhouse bar building serves as an outfitted multi-use outbuilding for hosting gatherings, relaxing after a long day, or acting as a private recreational lounge. ### Exterior & Grounds Encompassing 2.6 beautifully utilized acres, the property features level pasture spaces and fresh laid gravel driveways and parking areas. It is a gardeners' paradise boasting a massive, fertile garden area ready for your green thumb, homesteading projects, or farm-to-table growing. Perfectly positioned close to the lake, the estate combines peaceful country ambiance with quick access to local conveniences and recreation. Whether you are looking for an inspiring live-work setup, space to run a business, or a private multi-structure homestead with incredible character and zero HOA oversight, this one-of-a-kind Gainesville property is a must-see.
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Single Family ActiveColonial, Country, Farmhouse
FeaturesGeneralSewer Septic Tank
Heating Electric
Cooling Ceiling Fan(s) Central Air
Utilities Cable Available Electricity Available Natural Gas Available Water Available
Roof Composition Shingle
Appliances Dishwasher Gas Range Microwave Refrigerator Self Cleaning Oven
Garage Spaces 1
Patio/Porch Features Covered Enclosed Front Porch Rear Porch Screened
Architectural Style Colonial Country Farmhouse
Pool Features None
Security Features Smoke Detector(s)
Construction Materials Frame
Year Built 1971
Electric 110 Volts
View Rural Trees/Woods
Levels Two
Property Subtype Single Family Residence
Tax Year 2025
Parcel Number 08061 000001D
Waterfront Features None
Community Features None
Accessibility None
HOA Fee 2 0
County Hall - GA
Property Type Residential
HOA false
Energy Efficient None
Subdivision Name Fourth Colony
Green Energy Generation None
Other Structures Barn(s) Guest House Outbuilding Second Residence Storage Workshop Other
Full Baths 2
Status Active
Directions GPS Friendly
High School Chestatee
City Gainesville
Body of Water None
Spa Features None
Elementary School Everwood
Property Attached Y/N false
Land Lease Y/N false
Tax Annual Amount 1121
Home Warranty Y/N false
Middle/Junior High School Chestatee
Property Condition Resale
Virtual Tour https://tours.localflavorfilms.com/sites/rmommyxv/unbranded
Standard Status Active
Tax Lot 18
Freehold IDX
Corporate Owner None
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InteriorInterior Amenities Beamed Ceilings Crown Molding Entrance Foyer High Ceilings 9 ft Main High Speed Internet
Basement Crawl Space
Flooring Hardwood
Total Fireplaces 2
Fireplace Features Gas Starter Keeping Room Living Room Masonry
Common Walls No Common Walls
Window Features Plantation Shutters
Above Grade Finished Area 2125
Half Baths 1
Laundry Features In Kitchen Laundry Room Main Level
Total Bedrooms 3
Room Type Bedroom Living Room Workshop Other
Main Level Bedrooms 0
Main Level Bathrooms 0
Kitchen Features Breakfast Bar Cabinets White Keeping Room Kitchen Island Solid Surface Counters
Total Baths 3
Primary Bathroom Features Shower Only
Dining Room Features Separate Dining Room
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ExteriorExterior Amenities Garden Private Entrance Private Yard Rain Gutters Storage
Fencing Fenced Wood
Parking Features Attached Driveway Garage Garage Faces Front Kitchen Level Level Driveway Parking Pad
Lot Features Back Yard Corner Lot Front Yard Level Private Wooded
Water Source Public
Foundation Details Block Pillar/Post/Pier
Building Area Total 2125
Lot Dimensions x
Lot Size Acres 2.6
Road Surface Type Paved
Lot Size Source Assessor
Road Frontage Type County Road
Other Equipment None
Horse Amenities Barn
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* Excluded FeaturesList ByThe North Georgia GroupListing Agent
Keller Williams Realty Community PartnersBroker
clientcare@thenorthgeorgiagroup.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $3,946
- Monthly Property Taxes
- $93
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% 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 $714,467
Percent of Sale Price 14%
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.
0 Elementary School
4783289 Middle School
Chestatee High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 7/30/2026 | $625,000 | | Listed Price |