$850,000
For Sale

1050 Park Shore Drive

Cumming, GA 30041
5 beds | 4.5 baths | 0.69 acres | #7431150
Browse 65 photos
Type:Purchase
Structure:House
Zone:Residential

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***

  • Interior Details
      • InteriorBookcases, Cathedral Ceiling(s), Central Vacuum, Double Vanity, Entrance Foyer, Entrance Foyer 2 Story, High Ceilings 9 ft Main,
      • Fireplaces1
    • Beds & Baths
      • Bathrooms4.5
      • Bedrooms5
      • Full Baths4
      • Half Baths1
      • Bedrooms on Main Level2
  • Property Details
      • Lot DescriptionBack Yard, Cul-De-Sac, Front Yard, Landscaped, Private, Wooded
      • Exterior MaterialsBalcony, Garden, Private Entrance, Private Yard
      • ViewLake, Trees/Woods
    • Measurements
      • Acres0.69
    • Parking
      • Parking FeaturesDrive Under Main Level, Garage, Garage Faces Side, Kitchen Level
      • Parking TypeGarage
      • Parking Spaces5
  • Construction Details
      • Basement DescriptionBoat Door, Driveway Access, Exterior Entry, Full, Interior Entry, Unfinished
      • StyleCape Cod, Traditional
      • Property TypePurchase
      • Basement1
      • Basement Finished1
    • Condition
      • Year Built1996
  • Utilities / Energy Details
      • Utility FeaturesCable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available
      • Sewer InformationSeptic Tank
      • Utility SourcePublic
  • Community and Neighborhood Details
      • SubdivisionPark Shore
    • Location
      • Middle SchoolLakeside - Forsyth
      • High SchoolForsyth Central
      • CountyForsyth - GA
      • Elementary SchoolMashburn
  • Financial Details
      • Original List Price$875,000
      • Taxes Annual$1,270
    • HOA
      • Hoa Fees950
  • Other
      • MLS #7431150

Location

Eric Clouse | Dream Homes Realty Inc.Real Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00