5085 Balus Drive, Gainesville, GA 30504

$550,000
3
BD
2
BA
1,218
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$550,000
Price Change
▼ $10,000 1784868465
MLS#
7789571
Status
ACTIVE
Type
Single Family Residential
Subtype
Single Family Residence
Bedrooms
3
Bathrooms
2
Square Footage
1,218
Lot Size
0.35000000000000003
Subdivision
Lake Lanier
Basement
Yes
Basement Description
Exterior Entry, Partial

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.

Additional Information

Style
Ranch
Stories
One and One Half
Construction
Brick, Brick 3 Sides, HardiPlank Type
Year Built
1962
Neighborhood Amenities
None
Kitchen Features
Cabinets Stain, Eat-in Kitchen, Stone Counters, View to Family Room
Interior
Beamed Ceilings
Exterior
Rear Stairs
Roof
Composition
Lot Dimensions
249 x 113
Parking
Driveway, Kitchen Level
Lot Desc
Cul-De-Sac, Lake On Lot, Wooded
Water
Public
Sewer
Septic Tank
Elementary School
Everwood
Middle School
West Hall
High School
West Hall
Acres
0.35
Dock
Covered/1 Slip, Dock, Dock Permit, Party Deck, Single Slip
Levels
One and One Half
Waterfront Footage
113
Taxes
$2,843

Listing courtesy of Keller Williams Realty Atlanta Partners.

board logoListings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work, please click here to review our DMCA policy and learn how to submit a takedown request. © 2026 FMLS. Last updated

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks