Property Location

3533 Lake Ridge Drive, Gainesville GA 30506

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List Price $97,000

Units adj 1

Price / Unit $97,000

3533 Lake Ridge Drive Gainesville, GA 30506

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

ACTIVE

Motivated Seller, appraised June 2026. One of the last remaining premier building lots in Harbour Point Lake. Lake Lanier's premier gated boating community with award-winning marina and resort style amenities. This is your opportunity to build your new home or to invest in property and utilize the amazing amenities. This .58 acer lot has a sloped front yard with a flat area where a home could be nestled in the middle of the private setting. Your home will be in WALKING DISTANCE to the amenities. Comradery is the lifestyle of the community. Amenities include: The 8,000+ sq ft lakeside Nantucket style Clubhouse, fitness center, game rooms and two pools. The Tennis facility offers both tennis and pickleball courts. The Marina has full use wet slips as well as day use courtesy moorings, a parking lot and pavilion. The Clubhouse and pools overlook the lake and Appalachian Mountains. Providing a place to relax and enjoy the spectacular views. The upper pool is a relaxing place to entertain friends and enjoy cool refreshments. Below the waterfall is the lower, larger sports pool for exercise and leisure activities. Harbour Point also has an offsite secure boat and RV storage available through the HOA, facility with covered storage as well as uncovered storage with on-site water and power. The dry storage facility is fenced and gated with computer-controlled access located a short distance from the community. Travel easily by car to Gainesville, Dawsonville, and Cumming. HWY 985 and GA400 are both easily accessible. It is also 55 miles North of Atlanta. The security gate attendant is on site 7 days a week.

Investment Notes — Gainesville

Located in the Gainesville, 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

Built from available FMLS income data and transparent operating assumptions · Units adjusted (LIKELY_SFR_OR_MOBILE)

Price per Unit $97,000 Verified

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. Units adjusted (LIKELY_SFR_OR_MOBILE).

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

40%

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 Gainesville. 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

Suppressed (LIKELY_SFR_OR_MOBILE). Verify classification and actual numbers with the listing agent.

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: 7802267 · Listing courtesy of Berkshire Hathaway HomeServices Georgia Properties, JACK CONROY · 770-844-8484

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

FMLS · Updated Daily

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