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Lynnsey McCarter

lynnsey.mccarter@evatlanta.com +1(252) 412-7455

$ 850,000

Est. payment -/mo

Save

Price Dropped by $25K

1050 Park Shore DR Cumming, GA 30041

5 Beds

4.5 Baths

4,087 SqFt

OPEN HOUSE

Sat Nov 23, 2:00pm - 4:00pm

UPDATED:

11/23/2024 09:11 PM

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 4,087 sqft

Price per Sqft $207

Subdivision Park Shore

MLS Listing ID 7431150

Style Cape Cod,Traditional

Bedrooms 5

Full Baths 4

Half Baths 1

Construction Status Resale

HOA Fees $950

HOA Y/N Yes

Originating Board First Multiple Listing Service

Year Built 1996

Annual Tax Amount $1,270

Tax Year 2023

Lot Size 0.690 Acres

Acres 0.69

Property Description

Welcome to this stunning, custom-built luxury home in the elite Park Shore neighborhood of Cumming, offering Lake Lanier views and direct lake access. Situated on a quiet end of the street, cul-de-sac lot, close to the community amenities. This exceptional property features an inviting front porch, a circular driveway, and 5-car side entry garages, luxury living at its finest. Located in the Prime South Forsyth area, on the south end of Lake Lanier. This home is part of the prestigious Park Shore community, which offers a community boat dock, covered picnic pavilion, Saltwater swimming pool, tennis, playground, clubhouse. Conveniently located to everything! Next to Mary Alice Park with white sandy beach, boat ramps, picnic areas; very close to market place shopping & restaurants, and the new CUMMING CITY CENTER featuring a new AMPHITHEATER with concerts by local artists; Nearby developments like Westshore, Halcyon and Vickery Village; Easy access to GA-400, Costco 5 minute away! Close to Bald Ridge & Habersham Marinas, Northside Hospital, and award-winning schools! This home features an open floor plan with grand 2 story foyer entrance area, 2-story family room with 18 feet high ceiling, open dining room, a master suite on the main level with the sitting area and the vaulted ceiling, master bathroom with the double vanity, walk in California closet. Guest secondary bedroom and full bath, laundry room on the main. Enjoy the gourmet kitchen with the hardwood floors, kitchen bar and the breakfast area is open to a private side entry courtyard to enjoy your morning coffee and the picturesque views of the backyard. Upstairs you will find 3 additional bedrooms and 2 full baths. Huge partially finished basement (2725 sq. ft.) with a separate entrance that can be finished with endless possibilities is offering enough room for a beautiful in-law suite, with a kitchen, home movie theater, 2 bedrooms and 2 bathrooms, flex, game or workout room, a game room with pool table, or a man cave. Additionally, in the terrace level basement, there is a storage space/workshop with 2 insulated garage doors that open to the side/backyard for your lawn mower, boat, etc. The owner has had plans done for the basement and we have included the poster pictures of how the basement would look like after it is finished. There are 3 HVAC units at the property. Beautifully landscaped lawn with massive curb appeal! Large partially fenced backyard with a back deck overlooking a beautiful backyard and screened patio underneath for outdoor entertaining. Potential for the future owner to use a portable dock as the property has direct access to the lake. Lease Purchase option is available. Public sewer is available in the neighborhood. Property can be connected to public sewer, seller has the quote of $7,000 to connect, seller never had a problem with the current septic tank. Don’t miss your chance to own this exceptional dream lake home. New and newly renovated homes in the Park Shore neighborhood are currently selling for $281 per square foot. The home located at 1050 Parkshore Drive, offers a total of 6,812 square feet (4,087 square feet of finished space and a 2,725-square-foot unfinished basement). While making interior upgrades is relatively simple, adding square footage is much more challenging—and this home already has the sq footage. At the going neighborhood rate, this home in pristine condition could be valued at approximately $1,900,000 based on its size. Priced at just $850,000, completing upgrades and finishing off the basement could unlock significant equity, making it an excellent investment opportunity. Schedule a viewing today and make this luxurious lakefront property yours! ***OpenHouse on Saturday, November 23rd from 2:00 - 4:00 pm***

Location

State GA

County Forsyth

Lake Name Lanier

Rooms

Bedroom Description Master on Main,Sitting Room,Split Bedroom Plan

Other Rooms None

Basement Boat Door, Driveway Access, Exterior Entry, Full, Interior Entry, Unfinished

Main Level Bedrooms 2

Dining Room Great Room, Open Concept

Interior

Interior Features Bookcases, Cathedral Ceiling(s), Central Vacuum, Double Vanity, Entrance Foyer, Entrance Foyer 2 Story, High Ceilings 9 ft Main, High Ceilings 10 ft Main, Tray Ceiling(s), Vaulted Ceiling(s), Walk-In Closet(s)

Heating Natural Gas

Cooling Ceiling Fan(s), Central Air

Flooring Carpet, Hardwood, Tile

Fireplaces Number 1

Fireplaces Type Factory Built, Family Room, Gas Starter

Window Features Skylight(s)

Appliance Dishwasher, Disposal, Double Oven, Gas Range, Gas Water Heater

Laundry In Hall, Laundry Room, Main Level

Exterior

Exterior Feature Balcony, Garden, Private Entrance, Private Yard

Garage Drive Under Main Level, Garage, Garage Faces Side, Kitchen Level

Garage Spaces 5.0

Fence None

Pool None

Community Features Community Dock, Homeowners Assoc, Lake, Near Shopping, Playground, Pool, Tennis Court(s)

Utilities Available Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available

Waterfront Description Lake Front

View Lake, Trees/Woods

Roof Type Composition

Street Surface Asphalt

Accessibility None

Handicap Access None

Porch Deck, Front Porch, Rear Porch, Screened

Private Pool false

Building

Lot Description Back Yard, Cul-De-Sac, Front Yard, Landscaped, Private, Wooded

Story Two

Foundation None

Sewer Septic Tank

Water Public

Architectural Style Cape Cod, Traditional

Level or Stories Two

Structure Type Cement Siding

New Construction No

Construction Status Resale

Schools

Elementary Schools Mashburn

Middle Schools Lakeside - Forsyth

High Schools Forsyth Central

Others

HOA Fee Include Maintenance Grounds,Reserve Fund,Swim,Tennis

Senior Community no

Restrictions true

Tax ID 197 214

Acceptable Financing Cash, Conventional, FHA, Lease Purchase, VA Loan

Listing Terms Cash, Conventional, FHA, Lease Purchase, VA Loan

Special Listing Condition None

Listed by EXP Realty, LLC.

Lynnsey McCarter

Real Estate Advisor

+1(252) 412-7455