Active60 days listed

5359 Point South Drive, Gainesville, GA 30504

  • 5bd
  • 5ba
  • 6,116SF
  • 2.46ac lot

Single-family homePoint South

List price

$1,850,000

$302/SF list

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FMLS IDXFMLS #7828902 · Listing Provided By The Norton Agency · 770-532-0022 · Listing agent Amy Sutherland

Location

5359 Point South Drive, Gainesville GA 30504

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About this home

Lake Lanier living takes on a whole new meaning when you have room to spread out—on the water and on the land. Set on approximately 2.46 acres across two platted lots in sought-after Pointe South, this distinctive lake property pairs a stately four-sided brick home with nearly 160 feet of shoreline, a private cove, an additional buildable lot, and exceptional possibilities for the future. The lakefront lot is currently improved with a single-slip placeholder dock, while the property is permitted for an upgraded 32’ x 32’ double-slip dock. A gentle golf-cart-friendly path makes getting to the water easy, and recent shoreline improvements include new rip-rap and newly constructed dock steps to the ramp. Whether your days are spent boating, entertaining at the dock, cruising to dinner, or simply enjoying the quiet of the cove, this is a setting designed for the Lake Lanier lifestyle. The European-inspired residence offers timeless architecture, generous living spaces, and a layout that works equally well for everyday living and entertaining. The main level welcomes you with a dramatic two-story foyer and great room, hardwood flooring throughout much of the living area, formal dining room, private office or music room, and multiple fireplaces. The spacious kitchen features solid-surface countertops, a gas range, dual ovens, abundant cabinetry, a breakfast area, and an adjoining vaulted keeping/family room. An expansive rear deck overlooks the wooded backyard and provides another inviting place to enjoy the surroundings. The main-level primary suite features direct porch access, a trey ceiling with indirect lighting, spacious bath with vaulted ceiling, dual vanities, and generous walk-in closets. Upstairs are three oversized bedrooms, two full baths, and a large bonus room offering flexibility for guests, recreation, or additional workspace. The partially finished terrace level adds tremendous potential. Already served by HVAC and with plumbing, electrical, and framing in place, it includes a media room with in-wall speakers along with additional daylight spaces ready to become bedrooms, a game room, home office, gym, or expanded entertaining areas. A bath has been started (waiting for your finish style), and walkout access leads directly to the lower outdoor living area and backyard. Perhaps one of the property’s most compelling features is the second buildable lot. Preserve it for added privacy or explore the possibilities of a future second residence, guest home, or resort-style infinity edge pool and spa with cabana. With substantial acreage, lake frontage, dock and two separate platted lots, this property offers options rarely found together on Lake Lanier. Located just minutes from downtown Gainesville, I-985, shopping, dining, and everyday conveniences, 5359 Point South Drive is more than a lake home—it’s an opportunity to shape a Lake Lanier property around the way you want to live.

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
5
Full baths
4
Half baths
1
Living area
6,116 SF
Lot size
2.46 acres
Year built
2001
Levels
Three Or More
Main-level bedrooms
1
Garage spaces
3
Parking
Driveway, Garage, Garage Faces Side, Level Driveway
Basement
Daylight, Exterior Entry, Finished Bath, Interior Entry, Unfinished, Walk-Out Access
Style
European, Traditional
Construction
Brick, Brick 4 Sides
Roof
Composition
Flooring
Carpet, Ceramic Tile, Hardwood
Heating
Central, Natural Gas, Zoned
Cooling
Ceiling Fan(s), Central Air, Zoned
Fireplaces
2
Appliances
Dishwasher, Disposal, Double Oven, Gas Water Heater, Microwave, Range Hood, Refrigerator
Lot
Back Yard, Corner Lot, Front Yard, Landscaped, Level, Private
Community
Homeowners Assoc, Street Lights
HOA
$1,500 annually
Annual tax
$12,202 (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 $1,850,000 and this week's average rate. Change anything to see your number.

Loan type
Estimated monthly payment

$13,398/mo

Principal and interest
$11,437
Property tax
$1,017
Home insurance
$125
Mortgage insurance
$694
HOA dues
$125
Loan amount
$1,665,000
Cash down
$185,000

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 The Norton Agency, 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.

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