About This Home

This 3-bedroom, 2-bathroom single family at 5085 Balus Drive in Gainesville, GA is listed for $495,000 ($406 per sqft). Built in 1962, the home offers 1,218 sqft of living space on a 0.35 acres lot.

Key Features

  • Built in 1962
  • 0.35 acre lot
  • 2 stories
  • 4 parking spaces
  • Waterfront

Property Details

2 stories
2 full
4 spaces
1962

Amenities

WaterfrontViewA/C
Listing Description

Discover the ultimate family retreat in this serene, 113 feet of lakefront sanctuary. Nestled on a quiet, private cul-de-sac, this home offers the perfect blend of natural beauty and modern living, providing a grounding escape from the everyday hustle.

This home is turn-key and meticulously updated, boasting over $135,750 in recent improvements: Exterior & Waterfront: Enjoy a brand-new roof and gutters (2025), a stunning two-level dock with rip-rap and stairs, an updated porch, and recent property grading.

Modern Systems: Worry-free living with a new septic system, new gas and plumbing lines, and updated light fixtures throughout. Interior Upgrades: Newly installed appliances, fresh flooring, a remodeled second bathroom, and a newly added office space provide comfort and functionality for the whole family.

The property is defined by its tranquility-wake up to the stillness of the lake and enjoy deer wandering through the grounds. Located in a wonderful, friendly neighborhood with long-term residents, you gain significant privacy while remaining just a short drive from the amenities of downtown Oakwood and Gainesville.

Monthly Cost Estimate

$2,647/mo

20% down · 6.5% · 30 years

Principal$358
Interest$2,145
Insurance$144

Estimates only. Actual payments may vary.

Location

5085 Balus Drive

Gainesville, GA 30504

Lake Lanier

Features & Amenities

Interior Features

Beamed CeilingsMaster On Main LevelRear Stairs

Exterior Features

Dock

Property Details

Flooring

LaminateTile

Construction

Brick Concrete

Views

Lake

Outdoor Features

Patio

Heating

Central

Cooling

Central AirCeiling Fan(s)

Appliances

DishwasherDryerMicrowaveRefrigeratorWasher

Questions & Answers

This 3-bedroom, 2-bathroom single family at 5085 Balus Drive is listed at $495,000 ($406/sqft). The estimated monthly payment is $2,647 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1962, 0.35 acre lot, 2 stories, 4 parking spaces, Waterfront. Interior Features: Beamed Ceilings, Master On Main Level, Rear Stairs. Exterior Features: Dock.

This property is listed by Premier Realty Group.

PG

Premier Realty Group

Agent at Keller Williams Realty Atlanta Partners

Listed by Keller Williams Realty Atlanta Partners · Broker phone: (678) 341-2900 · View on Broker Site · Broker website

MLS# 10787289· Source: Georgia Multiple Listing Service· 135 days on PropertySimple

Copyright © 2026 Georgia Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

5085 Balus Drive, Gainesville, GA 30504

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