Open House Sun, Aug 23rd 02:00 PM - 04:00 PM - Price Reduction - Waterfront - Primary on Main
Address
5085 Balus Drive, Gainesville, GA
Price
$ 535,000
Property Attributes
  • MLS#7789571
  • TypeSingle Family
  • Listing Status Active
  • CountyHall
  • CityGainesville
  • NeighborhoodLake Lanier
  • Zip30504
  • StyleRanch
  • Year Built1962
  • Taxes$ 2843
  • Price$ 535,000
  • Bedrooms3
  • Full Bathrooms2
  • Half Bathrooms0
  • Lot Size0.35 Acres
Data Source:
First Multiple Listing Services (FMLS)
Property Description

Discover the ultimate family retreat in this serene, 113 feet of lakefront sanctuary. Nestled on a quiet, private cul-de-sac, this home offers the perfect blend of natural beauty and modern living, providing a grounding escape from the everyday hustle. This home is turn-key and meticulously updated, boasting over $135,750 in recent improvements: Exterior & Waterfront: Enjoy a brand-new roof and gutters (2025), a stunning two-level dock with rip-rap and stairs, an updated porch, and recent property grading. Modern Systems: Worry-free living with a new septic system, new gas and plumbing lines, and updated light fixtures throughout. Interior Upgrades: Newly installed appliances, fresh flooring, a remodeled second bathroom, and a newly added office space provide comfort and functionality for the whole family. The property is defined by its tranquility—wake up to the stillness of the lake and enjoy deer wandering through the grounds. Located in a wonderful, friendly neighborhood with long-term residents, you gain significant privacy while remaining just a short drive from the amenities of downtown Oakwood and Gainesville.

Elementary School Middle School High School
Everwood Elementary School West Hall Middle School West Hall High School
Price History
6/17/2026 Listed $560,000
7/23/2026 2$550,000
8/20/2026 3$535,000

General Features

Sewer Septic Tank
Heating Central
Cooling Ceiling Fan(s),Central Air
Utilities Cable Available,Electricity Available,Phone Available,Water Available
Roof Composition
Appliances Dishwasher,Dryer,Electric Range,Microwave,Refrigerator,Washer
Patio/Porch Features Patio,Screened
Architectural Style Ranch
Pool Features None
Security Features Smoke Detector(s)
Construction Materials Brick,Brick 3 Sides,HardiPlank Type
Year Built 1962
Electric 110 Volts
View Lake,Trees/Woods,Water
Levels One and One Half
Property Subtype Single Family Residence
Tax Year 2025
Parcel Number 08055 003038
Waterfront Features Lake Front,Waterfront
Community Features None
Accessibility Accessible Bedroom,Accessible Closets
County Hall - GA
Property Type Residential
HOA false
Energy Efficient None
Subdivision Name Lake Lanier
Green Energy Generation None
Other Structures Other
Full Baths 2
Status Active
Directions 985 North to Exit 16, Turn left on Mundy Mill, Turn Left on McEver, Turn Right on Stephens Rd. Right on Whites Mill Rd, Right on Balus Dr. until you dead end in the culdesac, look for the gravel driveway to the left.
High School West Hall
City Gainesville
Body of Water Lanier
Spa Features None
Elementary School Everwood
Property Attached Y/N false
Land Lease Y/N false
Tax Annual Amount 2843
Home Warranty Y/N false
Middle/Junior High School West Hall
Property Condition Resale
Virtual Tour https://media.zillowmediaexperts.com/sites/rygojapw/unbranded
Standard Status Active
Freehold IDX
Corporate Owner None

Interior Features

Interior Amenities Beamed Ceilings
Basement Exterior Entry,Partial
Flooring Laminate,Tile
Fireplace Features None
Common Walls No Common Walls
Window Features None
Above Grade Finished Area 918
Laundry Features Lower Level
Total Bedrooms 3
Below Grade Finished Area 300
Room Type Family Room,Sun Room
Main Level Bedrooms 3
Main Level Bathrooms 1
Kitchen Features Cabinets Stain,Eat-in Kitchen,Stone Counters,View to Family Room
Total Baths 2
RoomBedroomFeatures Master on Main
Primary Bathroom Features None
Dining Room Features None

Exterior Features

Exterior Amenities Rear Stairs
Fencing None
Parking Features Driveway,Kitchen Level
Lot Features Cul-De-Sac,Lake On Lot,Wooded
Water Source Public
Total Parking 4
Foundation Details Concrete Perimeter
Building Area Total 1218
Lot Dimensions 249 x 113
Lot Size Acres 0.35
Road Surface Type Asphalt
Lot Size Source Public Records
Road Frontage Type City Street
Other Equipment None
Horse Amenities None

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 30504

Statistics provided by Inside Real Estate

Price
AVG $600K
$540K
Taxes
AVG $2,937
$2,843
Year Built
AVG 2004
1962

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