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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FeaturesGeneralSewer Septic Tank
Heating Electric
Cooling Ceiling Fan(s) Central Air
Utilities Cable Available Electricity Available High Speed Internet Natural Gas Available Water Available
Roof Composition
Appliances Dishwasher Microwave Range Refrigerator Stainless Steel Appliance(s)
HOA Fee 0
Association Fee Includes None
Patio/Porch Features Porch Screened
Architectural Style Colonial Rustic
Security Features Smoke Detector(s)
Construction Materials Other
Year Built 1971
Levels Two
Property Subtype Single Family Residence
Tax Year 2025
Community Features None
County Hall
New Construction false
Property Type Residential
HOA false
Attached Garage true
Subdivision Name Fourth Colony
Garage Y/N true
Other Structures Barn(s) Guest House Other Outbuilding Second Residence Workshop
Full Baths 2
Status New
Directions GPS Friendly
High School Chestatee
City Gainesville
Body of Water None
Lot Size Units Acres
Lot Size Square Feet 113256
Carport Y/N false
Elementary School McEver
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
Structure Type House
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Vacant
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InteriorInterior Amenities Beamed Ceilings High Ceilings
Basement Crawl Space
Flooring Hardwood
Total Fireplaces 2
Fireplace Features Gas Starter Living Room Masonry
Common Walls No Common Walls
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N true
Above Grade Finished Area 2125
Half Baths 1
Laundry Features In Kitchen
Total Bedrooms 3
Below Grade Finished Area 0
Main Level Bedrooms 0
Main Level Bathrooms 0
Below Grade Finished Area Unit Type Square Feet
Above Grade Finished Area Unit Type Square Feet
Kitchen Features Breakfast Bar Kitchen Island Solid Surface Counters
Total Baths 3
Dining Room Features Separate Room
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ExteriorExterior Amenities Garden
Vegetation Grassed Partially Wooded
Fencing Fenced Other Wood
Parking Features Guest Garage Attached Off Street Parking Pad Kitchen Level
Lot Features Corner Lot Level Private
Water Source Public
Total Parking 1
Lot Size Area 2.6
Foundation Details Block Pillar/Post/Pier
Building Area Total 2125
Lot Size Acres 2.6
Lot Size Source Owner
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* Excluded FeaturesAffordability 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 $711,512
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.
1927372 Elementary School
4783289 Middle School
Chestatee High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 7/30/2026 | $625,000 | | Listed Price |