- 5 beds
- 5 baths
- ~3 acre lot
- 1988 build
- – on site
Exquisite Lakefront Retreat with Investment Potential! Discover the charm & opportunity of this luxury lake house, a rare find in today's market. Nestled on a prime waterfront lot, this home offers breathtaking lake views, spacious interiors, and unmatched potential to become a premier lakeside escape. While some renovations are needed to restore it to its full grandeur, its solid foundation and high-end architectural details provide the perfect canvas for customization. At this unbeatable price, it presents a wise investment opportunity for those looking to own premium lakefront property at a fraction of the cost. A modern architectural masterpiece uniquely positioned atop its private aerie on 3.05 acres of unparalleled serenity. This iconic property perfectly marries modern sophistication with expansive south-west lake vistas. Step through the front door into an open-concept layout, where breathtaking water views grace every window. The living room unveils a striking marble fireplace & an abundance of windows designed to highlight deep water panoramas while bathing the interiors in natural light. At the heart of this captivating home is a stunning modern kitchen incorporating clean lines, sophisticated stone countertops, & stainless appliances. Friends will love to gather around the oversized island flanked by the fireplace, providing a welcoming space for daily living. The kitchen flows into the cozy keeping room for a more casual setting or to the breakfast room. Enjoy dining al fresco on the rear screened porch. Sparkling stone flooring unifies the spacious living room & adjoining dining room & kitchen, creating an inviting space for both relaxation and entertainment. Retreat to the main floor primary suite boasting privacy. This space includes separate vanities, a large jetted tub, walk-in shower, & water closet complete with bidet. Intricate ornate details & wood ceilings add warmth & comfort. Working from home becomes a pleasure in the expansive study with custom built-ins & stunning lake views, just steps away from the primary suite. Ascend the study’s spiral staircase to the top floor loft & be awestruck by the views & guest en-suite. A grand curved stairway leads to the expansive terrace level, an entertainer’s dream equipped with wet bar, living area, space for billiards, media room, & home gym. Three guest bedrooms with walk-in closets & two full baths provide additional privacy & boast lake views. The terrace level is complete with a safe room/wine cellar, a flex room that is ideal for a bunk room, & a secret room. A rear staircase off the kitchen offers less formal access to the terrace level. Each floor maximizes windows to face the lake for the perfect focus on an abundance of outdoor living space. Savor the private & scenic vistas from the wrap-around porch & deck or step outside the terrace doors to embrace the oasis. Extend your day around the limestone decking pool overlooking the lake. The paved cart path makes it a breeze to access your private deep-water single slip dock with party deck & 350’ of shoreline. Boating enthusiasts will appreciate the new boat lift. You will love the location – located in a highly regarded school system & just minutes from Historic Downtown Gainesville, exceptional restaurants, boutiques, & outstanding healthcare. With a little vision, this hidden gem will transform into a stunning retreat, offering both lake living and increased property value. Don’t miss this chance to craft your dream lakefront haven!
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Checking…
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Last updated Jun 11, 2025
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MLS# 7594552 —
This home is listed in more than one place. See it here.
The Building
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Year Built:1988
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Construction Materials:Cedar
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Building Area Source:Owner
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Architectural Style:Contemporary
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Levels:Two
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Foundation Details:Concrete Perimeter
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Roof:Composition
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Basement:Daylight
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Common Walls:No Common Walls
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Exterior Features:Garden
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Window Features:Double Pane Windows
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Security Features:Security System Owned
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Patio And Porch Features:Covered
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Accessibility Features:None
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Green Energy Efficient:Appliances
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Building Area Total:6070
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Above Grade Finished Area:3334
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Below Grade Finished Area:2736
Interior
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Interior Features:Bookcases
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Kitchen Features:Breakfast Bar, Breakfast Room, Cabinets Other, Keeping Room, Kitchen Island, Pantry, Stone Counters, View to Family Room
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Dining Room Features:Open Concept, Seats 12+
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Flooring:Carpet
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Other Equipment:Irrigation Equipment
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Laundry Features:Laundry Room
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Fireplace Features:Basement
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Fireplaces Total:3
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Room Type:Basement
Location
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Directions:From Gainesville - North on Hwy 129. Left on Thompson Mill Road. Home on left.
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Latitude:34.350275
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Longitude:-83.836642
The Property
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Parcel Number:10126 000058
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Property Type:Residential Detached
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Property Type:Residential
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Property Subtype:Single Family Residence
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Property Condition:Resale
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Lot Features:Back Yard
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Lot Size Acres:3.051
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Lot Size Dimensions:218x590x208x562
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Lot Size Source:Public Records
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View:Lake
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Fencing:Invisible
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Horse Amenities:None
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Other Structures:None
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Waterfront Features:Lake Front
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Water Body Name:Lanier
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Water Frontage Length:350
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Road Frontage Type:County Road
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Road Surface Type:Paved
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Property Attached:false
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Land Lease:false
Listing Agent
- Contact info:
- Agent phone:
- (404) 697-3225
- Office phone:
- (404) 697-3225
Taxes
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Tax Year:2023
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Tax Annual Amount:12836
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Tax Lot:5 & 6
Beds
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Bedrooms Total:5
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Bedroom Features:Master on Main
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Main Level Bedrooms:1
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Lower Level Bedrooms:3
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Upper Level Bedrooms:1
Baths
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Total Baths:5
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Half Baths:1
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Full Baths:4
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Master Bath Features:Bidet, Double Vanity, Separate His/Hers, Separate Tub/Shower
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Main Level Baths:1
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Main Level Half Bathrooms:1
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Lower Level Full Bathrooms:2
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Upper Level Full Bathrooms:1
The Listing
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Virtual Tour URL Unbranded 2:https://www.propertypanorama.com/2935-THOMPSON-MILL-Road-Gainesville-GA-30506/unbranded
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Home Warranty:true
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Special Listing Conditions:None
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Special Circumstances:None
Heating & Cooling
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Cooling:Ceiling Fan(s)
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Heating:Heat Pump
Utilities
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Utilities:Underground Utilities
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Sewer:Septic Tank
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Electric:110 Volts
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Water Source:Public
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Green Energy Generation:None
Appliances
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Appliances:Dishwasher
Schools
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Elementary School:Sandra Dunagan Deal
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Middle Or Junior School:North Hall
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High School:North Hall
The Community
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Subdivision Name:Lathim Properties
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Community Features:Boating
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Association:false
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Spa Features:None
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Pool Features:Gunite
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Pool Private:true
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Dock:Boat Lift
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Assessment Due Contemplated:false
Parking
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Garage Spaces:3
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Parking Features:Attached
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Carport Garage Total:3
Listing Provided Courtesy of Bella Realty Group, Inc.
Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website and the listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work, please click here to review our DMCA policy and learn how to submit a takedown request. © 2025 First Multiple Listing Service, Inc.
Monthly cost estimate

Asking price
$1,649,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$8,829
|
Taxes | $1,069 |
Insurance | $453 |
Utilities | $269 See report |
Total | $10,620/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.