Active Under Contract245 days listed

9020 Old Terry Ford Road, Gainesville, GA 30506

  • 5bd
  • 5ba
  • 7,962SF
  • 0.98ac lot

Single-family homeCloister Cove

List price

$2,175,000

$273/SF list

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FMLS IDXFMLS #7729392 · Listing Provided By HomeSmart · 404-660-6658 · Listing agent Carolyn B Mixon

Location

9020 Old Terry Ford Road, Gainesville GA 30506

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About this home

With a strategic price improvement, this luxury waterfront estate presents a rare chance to design and elevate the interiors to your own high-end standards. The most sought-after elements are already secured - deep water private dock, breathtaking panoramic views, and a substantial, well-built foundation. Priced to sell this is an exceptional opportunity to personalize a premier lake estate in a setting that simply cannot be duplicated. This gated estate on the quiet central part of Lake Lanier blends privacy, scale, deep water, a 32x32 private party dock and cinematic main-channel views. A private drive leads to stunning iron double doors and a grand foyer with an immediate sightline to the lake, a dramatic welcome that sets the tone for the home. The main level offers an executive office, elegant dining room with full bar, an expansive great room with stone-to-ceiling fireplace, and a wall of windows framing panoramic water views. The kitchen features rich stained cabinetry, granite surfaces, stainless appliances, and an elevated breakfast bar that opens to a fireside keeping room. The primary suite is spacious and filled with natural light, offering shimmering lake views, separate vanities, generous closets, and a spa-like bath. Upstairs includes four large secondary bedrooms sharing two well-appointed bath suites, each with walk-in custom closets. The terrace level is designed for entertaining, with a full bar, large recreation room, flex space for media or fitness, two additional rooms with walk-in closets, a spa-like bath, and walls of windows that keep the space bright and connected to the lake. Upper and lower decks span the entire back of the home, creating multiple outdoor living areas ideal for gatherings. The private 32x32 party dock sits in excellent deep water—perfect for boating, wake surfing, paddle boarding, and long summer days on the water. Please note that the water level on March 7, 2026, was 16 feet at the entry of the slip and 9 feet in the center of the boat slip. Seller is offering an allowance or will have the hardwood floors refinished upon move out. Buyer can choose their stain color preference. Last but certainly not least, enjoy the short distances and conveniences of dining on the lake by boat. Here's what we found on Google but is approximate mileage due to boating conditions on any given day. The nautical mileage is calculated at a typical cruising speed of 20 knots. Skogie's Lakefront - 6.5 nautical miles, Pelican Pete's - 2.6 nautical miles, The Twisted Oar - 8 to 9 nautical miles, Pig Tales - 8 to 9 nautical miles away.

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 Under Contract
Bedrooms
5
Full baths
4
Half baths
1
Living area
7,962 SF
Lot size
0.98 acres
Year built
2009
Levels
Two
Main-level bedrooms
1
Garage spaces
3
Parking
Attached, Garage, Garage Door Opener, Garage Faces Side, Kitchen Level, Parking Pad
Basement
Daylight, Exterior Entry, Finished, Finished Bath, Full, Interior Entry
Style
Traditional
Construction
Brick 4 Sides
Roof
Composition, Shingle
Flooring
Carpet, Hardwood, Tile
Heating
Forced Air, Natural Gas, Zoned
Cooling
Ceiling Fan(s), Central Air, Zoned
Fireplaces
4
Appliances
Dishwasher, Disposal, Double Oven, Electric Water Heater, Gas Cooktop, Microwave, Range Hood, Refrigerator, Self Cleaning Oven
Lot
Back Yard, Front Yard, Landscaped
Community
Boating, Fishing, Lake
HOA
Yes
Annual tax
$16,049 (2025)
County
Forsyth

Assigned schools

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

Payment estimate

Estimate the monthly payment

Prefilled with the list price of $2,175,000 and this week's average rate. Change anything to see your number.

Loan type
Estimated monthly payment

$15,725/mo

Principal and interest
$13,447
Property tax
$1,337
Home insurance
$125
Mortgage insurance
$816
Loan amount
$1,957,500
Cash down
$217,500

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 HomeSmart, so confirm them before making an offer.

Is this home still available?

This page shows the status reported in FMLS (Active Under Contract) 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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