Keller Williams Peachtree Road - LaToiya Alvin
1/65
Listing Courtesy Of: EXP Realty, LLC., Julia De Sosarocha, First MLS
Listing Sold By: Keller Williams Realty Signature Partners
Local Realty Services Provided By: Keller Williams Realty Community Partners
Overview
What It'll Cost
Neighborhood
Similar Homes

$810,000
1050 Park Shore Drive, Cumming, GA 30041
5 Beds
5 Baths
4,087 sq ft
.69 ac
$810,000

1050 Park Shore Drive, Cumming, GA 30041

Estimation provided by Keller Williams Realty Inc.
5 Beds
5 Baths
4,087 sq ft
.69 ac
Closed
Sold
Virtual Tour

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***

Property Details

Compare This Home
Overview
Property Type
Single Family Residence
Property Size
4,087 sq ft
Year Built
1996
Days on Site
235 Days
HVAC
Ceiling Fan(s), Natural Gas, Central Air
Parking
Yes
HOA Fees
$950/A
Tess Adams Team | Licensed in Keller Williams Peachtree Road & Keller Williams Philadelphia
Keller Williams Peachtree Road & Keller Williams Philadelphia
GA: 443087 | PA: RS35934

Activity History

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Price & Tax History

Date
Event
Price
11/14/2024
Price Decrease
$850,000
(-2.86%)
08/08/2024
Listed
$875,000
Year
Property Tax
Assessed Value
Assessed Value is a combination of the land and additions.
2023
$1,270
(-4.68%)
$285,944
Land 52,800 + Additions 233,144
2022
$1,332
(+43.19%)
$167,200
Land 38,000 + Additions 129,200
2021
$930.12
(+0.75%)
$169,060
Land 30,800 + Additions 138,260
2019
$923.19
(+0.83%)
$153,160
Land 26,000 + Additions 127,160
2017
$915.59
$126,692
Land 26,000 + Additions 100,692
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.

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Car-Dependent Walkable Very Walkable
Tess Adams Team | Licensed in Keller Williams Peachtree Road & Keller Williams Philadelphia
Keller Williams Peachtree Road & Keller Williams Philadelphia
GA: 443087 | PA: RS35934

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Sold  - Feb 14, 2025
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$810,000
5 bd
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4,087 sq ft
0.69 ac
1050 Park Shore Drive, Cumming, GA 30041

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