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Property Location

290 River Sound Lane Lane, Dawsonville GA 30534

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List Price $229,000

Units 1

Price / Unit $229,000

Est. Year 1 Cash Flow $-6,185 after debt service

290 River Sound Lane Lane Dawsonville, GA 30534

Data last updated: August 2, 2026 at 9:46 PM EST

ACTIVE

Welcome to one of the most desirable oversized homesites in Chestatee, double lot #674 and 675 offering a rare opportunity to build your dream home in a premier North Georgia golf and lake community. Our preferred builder has multiple home plans to choose from or bring your own builder. Perfectly positioned with beautiful views of the golf course and mountain range, this lot provides both privacy and scenery, creating an ideal setting for a custom-built home designed around your lifestyle, the flexibility of this homesite allows you to create a truly personalized residence. A standout feature of this property is the included covered boat slip with power, giving you direct access to Lake Lanier and making it easy to enjoy boating, fishing, and waterfront living year-round. Chestatee is known for its resort-style amenities and vibrant community atmosphere. Residents enjoy access to a championship golf course, golf and country club, swim and tennis facilities, pickleball courts, and a beautifully appointed clubhouse with dining. The community is thoughtfully designed with sidewalks throughout, making it a true golf cart-friendly neighborhood where you can easily connect with neighbors and enjoy the surroundings. Surrounded by scenic golf course and mountain views, this homesite offers the perfect blend of luxury, lifestyle, and location. If you are searching for a golf course lot in Chestatee with a boat slip, or looking to build a custom home in a Lake Lanier community with resort-style amenities, this is a unique opportunity that combines it all.

Investment Notes — Dawsonville

Located in the Dawsonville, GA area
Value-add opportunities typically exist through management, renovations, or operational improvements
Rental demand and achievable rents vary significantly by submarket — local market verification is recommended
Actual cash flow depends on occupancy, expenses, financing, and current market conditions

Modeled from FMLS data + Atlanta metro baselines where listing data is incomplete

Price per Unit $229,000 Verified

 Est. Year 1 Cash Flow  $-6,185  after debt service (25% down / 7% / 30-yr)  Modeled   

Confidence scores included Latest FMLS data Transparent modeling

Starts from list price and unit count. No rent data in this listing — enter your own rent assumptions below. Override any value to model your own scenario.

Assumptions

Purchase Price List Price

Number of Units

Avg Rent / Unit / Month Enter your estimate

Annual Gross Potential Income Editable

Enter rent per unit or total GPI to model returns

Vacancy Rate Estimated

5.0%

Operating Expense Ratio Estimated

46%

Financing

Down Payment Default 25%

25%

Interest Rate Default 7%

Loan Term Years

30 yrs

Projected Returns

Gross Potential Income —

Effective Gross Income —

Operating Expenses —

Net Operating Income (NOI) —

Asking Cap Rate —

Price Per Unit —

Annual Debt Service —

Year 1 Cash Flow —

Cash-on-Cash Return —

Simplified estimates for Dawsonville. Actual results depend on real rents, expenses, financing terms, and local market conditions. Service view: Inquire for Details.

Why these numbers can differ from the Metrics Bar & Highlights above

The Metrics Bar and Highlights use the service’s numbers (actual MLS Gross / Opex / NOI / Cap Rate when available, otherwise modeled).
This calculator lets you change every assumption in real time. Once you move any slider or input, the results become your scenario, not the service estimate.
Vacancy, expense ratio, and financing terms here may be more or less aggressive than the service defaults.
Cash flow shown is before income taxes, capital expenditures, and any other non-operating items.

Inquire for Details

Jeff’s Investment Take

Insufficient data for a modeled recommendation. Contact for the rent roll and actuals.

Important Investment Information

Actual MLS Cap Rate is used when present. Gross Income uses rent roll or MLS Gross Income when available, otherwise modeled. Operating expenses use an all-in ratio by property size. Cash-on-cash assumes 25% down, 7% interest, 30-year amortization. All figures are for screening only — verify with current rent roll and expenses.

Some figures shown on this page are estimated because complete rent-roll or operating data was not provided in the listing. Estimated values are clearly marked.

Any estimated or modeled figures represent the independent analysis of Jeff Crowe / Century 21 The Avenues and are not supplied by FMLS or the listing broker.

This website and its content are for informational and educational purposes only. Nothing on this site constitutes financial, investment, tax, or real estate advice. All information is deemed reliable but not guaranteed. You should always conduct your own thorough due diligence, verify all data independently, review the physical condition of the property, and consult with your own qualified attorney, accountant, and investment advisor before making any purchase decision.

MLS ID: 7760348 · Listing courtesy of All Points Team, LLC, Candi Mcclamma · 404-620-4663

IDX Information Provided by Jeff Crowe · jeffcrowe@c21theavenues.com

FMLS · Updated Daily

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