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Active89 days listed

5129 Fourth Colony Drive, Gainesville, GA 30504

  • 3bd
  • 3ba
  • 2,125SF
  • 2.6ac lot

Single-family homeFourth Colony

List price

$585,000

$275/SF list

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FMLS IDXFMLS #7812809 · Listing Provided By Keller Williams Realty Community Partners · 678-341-7400 · Listing agent The North Georgia Group

Location

5129 Fourth Colony Drive, Gainesville GA 30504

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About this home

## 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.

How this list price compares in Gainesville

Figures are list prices from current FMLS IDX inventory (Active, Active Under Contract and Pending), not sales prices or appraisals.

Home facts

Property type
Single-family home
Status
Active
Bedrooms
3
Full baths
2
Half baths
1
Living area
2,125 SF
Lot size
2.6 acres
Year built
1971
Levels
Two
Main-level bedrooms
0
Garage spaces
1
Parking
Attached, Driveway, Garage, Garage Faces Front, Kitchen Level, Level Driveway, Parking Pad
Basement
Crawl Space
Style
Colonial, Country, Farmhouse
Construction
Frame
Roof
Composition, Shingle
Flooring
Hardwood
Heating
Electric
Cooling
Ceiling Fan(s), Central Air
Fireplaces
2
Appliances
Dishwasher, Gas Range, Microwave, Refrigerator, Self Cleaning Oven
Lot
Back Yard, Corner Lot, Front Yard, Level, Private, Wooded
HOA
No
Annual tax
$1,121 (2025)
County
Hall

Assigned schools

As reported in the listing. Verify with the school district.

Payment estimate

Estimate the monthly payment

Prefilled with the list price of $585,000 and this week's average rate. Change anything to see your number.

Loan type
Estimated monthly payment

$4,054/mo

Principal and interest
$3,617
Property tax
$93
Home insurance
$125
Mortgage insurance
$219
Loan amount
$526,500
Cash down
$58,500

This is an estimate only. Not a lender, not a loan offer and not a rate quote. Rates: Freddie Mac PMMS weekly average for 2026-10-22: 30-yr 7.32%, 15-yr 6.68%. Tax uses the annual tax amount in the listing; insurance assumes $1,500 a year. Conventional adds 0.5% a year mortgage insurance under 20% down; FHA uses 3.5% minimum down, a 1.75% upfront premium financed and 0.55% a year MIP; VA adds a 2.15% funding fee financed under 5% down and no monthly MI. Talk to a licensed lender for a real quote.

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Questions about this home

How do I schedule a showing of this home?

Use the "Ask about this home" form on this page and include the days and times that work for you. Jeff Crowe will follow up to set up a showing.

How do I get more information about this listing?

Send your question through the form on this page. Listing details come from FMLS and are provided by Keller Williams Realty Community Partners, so confirm them before making an offer.

Is this home still available?

This page shows the status reported in FMLS (Active) as of the last update. Status can change quickly, so ask through the form to confirm before you tour.

How is the monthly payment estimate calculated?

It uses the list price, an average mortgage rate, the tax amount in the listing (or an estimated tax rate when none is given), estimated insurance and any HOA dues in the listing. It is an estimate only, not a loan offer. Talk to a licensed lender for a real quote.

Where can I see similar homes for sale in Gainesville?

See the similar homes section on this page, or browse all homes for sale in Gainesville, GA.

Beyond homes

Also exploring Georgia investment real estate?

Jeff Crowe is a local, full-service agent with CENTURY 21 The Avenues who also works with buyers and sellers of apartment buildings, churches, commercial property and land across Georgia. The pages below are other property types and investor research, separate from this home listing.

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