Active$799,900
3 bd2 ba2,304 SFSingle-family home
221 Shallowford Drive
Gainesville, GA 30504 · 367 days listed
FMLS #7670811 · Listing Provided By Keller Williams Lanier Partners · 770-503-7070
Active111 days listed
7114 Nightfall Lane, Gainesville, GA 30506
- 4bd
- 4ba
- 3,016SF
- 0.25ac lot
FMLS #7801117 · Listing Provided By Keller Williams Realty Community Partners · 678-341-7400 · Listing agent Anita Tatum
About this home
Welcome to luxury lake living at its finest! This stunning new construction ranch home is located in the exclusive Marina Bay gated community offering a lifestyle of comfort, elegance, and convenience. Thoughtfully designed, this home features a spacious main-level living area, a gourmet kitchen, and an unfinished basement - perfect for making this home your own! Step outside to a covered deck ideal for relaxing or entertaining. Residents enjoy access to a resort-style pool, clubhouse, and marina, with boat slips available for purchase at $95,000 - making this the perfect retreat for water lovers. Don't miss the opportunity to own a brand-new home in one of the area's most sought-after lake communities. Schedule your private tour today and experience the best of gated lake living!
How this list price compares in Gainesville
- List price is 62% above the Gainesville median list price of $494,950 (832 homes).
- Compared with 716 single-family homes in Gainesville: 47% above the median of $544,860.
- List price per square foot is 26% above the Gainesville median of $211/SF.
- 15 homes for sale in Marina Bay.
- All 832 homes for sale in Gainesville, GA.
- 1,356 homes for sale in Hall County.
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
- 4
- Full baths
- 3
- Half baths
- 1
- Living area
- 3,016 SF
- Lot size
- 0.25 acres
- Year built
- 2025
- Levels
- One
- Main-level bedrooms
- 3
- Garage spaces
- 2
- Parking
- Garage Door Opener, Garage, Garage Faces Front, Level Driveway
- Basement
- Bath/Stubbed, Daylight, Finished, Finished Bath, Partial
- Style
- Craftsman
- Construction
- Cement Siding
- Roof
- Composition
- Flooring
- Carpet, Ceramic Tile, Hardwood, Other
- Heating
- Heat Pump
- Cooling
- Central Air
- Fireplaces
- 2
- Appliances
- Electric Water Heater, Gas Range
- Lot
- Back Yard
- Community
- Boating, Clubhouse, Fitness Center, Gated, Marina, Meeting Room
- HOA
- $3,200 annually
- Annual tax
- $878 (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 $799,900 and this week's average rate. Change anything to see your number.
Estimated monthly payment
$5,710/mo
- Principal and interest
- $4,945
- Property tax
- $73
- Home insurance
- $125
- Mortgage insurance
- $300
- HOA dues
- $267
- Loan amount
- $719,910
- Cash down
- $79,990
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.
Other property types for sale
- apartment complexes for sale in GeorgiaApartment buildings and complexes for sale across Georgia.
- multifamily investment opportunities in GeorgiaDuplexes to large complexes, with screening cap rates on each building.
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Investor research and tools
- Georgia multifamily cap ratesMedian screening cap rates on Georgia and Atlanta apartment asks, with sample sizes.
- multifamily NOI guideHow NOI is built on an apartment building, line by line, and where listing NOI goes wrong.
- apartment building DSCR loan guideDSCR loans for apartment buildings: the 1.25x test, what lenders size on, and Georgia asks.
- how to finance an apartment buildingConventional, DSCR, bank, agency, bridge and seller financing for apartment and commercial buildings.
- NOI and cap rate calculatorBuild NOI from rents and expenses, then solve for cap rate, price, or value.
- rental property cash flow calculatorRent roll, expenses and the loan in one model: NOI, DSCR, cash-on-cash, cash flow, PDF.
Thinking about a rental or a building instead? Send Jeff a message.
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