Our Most Recent Lake Lanier Home Sale! See The Chestatee River From This Wonderful Lake Lanier Chalet!

We want to congratulate our clients who closed on their fantastic Lake Lanier home on Wednesday April 30th of last week. Located at 7725 Elm Cir. in Murrayville Georgia, this Lake Lanier home was located on a point lot in the subdivision of Mountain View Lake Estates.

Lake Lanier View From 7725 Elm Circle in Murrayville, GA. 

Built in 1982 this one-and-a-half story A-frame, chalet had three bedrooms and two baths. Two bedrooms and one full bath were located on the main level and a loft style bedroom with full bath was located upstairs. There was a large wall of windows facing the lake which provided an excellent long-range view down the Chestatee River towards Chestatee Golf Resort. With a wraparound deck and a full unfinished basement, this little A-frame was hard to beat for the money. Located on a .34 acre lot this property included approximately 162 feet of waterfront footage on Lake Lanier. Also included was a single slip, covered boat dock on very nice, deep Chestatee River waters.

Overall, this property was an excellent value at the sales price of $320,000! With the position of the house on the lot there is plenty of room to expand the footprint of the home, possibly enlarging the kitchen and expanding the decks. There is a small cove off the main body of the Lake along the right side of the property, and out back just an the enormous view of the Chestatee River.

Lake Lanier cove on the right side of the peninsula at 7725 Elm Circle.

We feel certain that this will prove to be a wise investment as Lake Lanier properties continue to appreciate over the long-term. Buying wisely means paying attention to the dirt first and the structure is secondary. This purchase was a prime example of picking a property in an excellent setting with a superb view and good Lake Lanier waterfrontage and depth in order to effectively resist drought conditions and dry weather patterns.

Virtual Tour Of 7725 Elm Circle




Lake Sidney Lanier Homes is the most comprehensive online source for information on Lake Lanier homes for sale and Lake Lanier area real estate. View the latest Lake Lanier home listings, foreclosures, lots, land, sales trends and real estate topics on Lake Lanier. Arthur Prescott is an Accredited Buyer's Representative and Certified Residential Specialist with over a decade of Lake Lanier real estate experience. If you would like to schedule a free buyer or seller consultation, please feel free to contact us directly at 678-513-2014 or email us at Arthur.Prescott@BHHSGeorgia.com.

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The Latest Lake Lanier Home Sales Data For April 2013! Check The Latest Sales Trends!

The data is in and we have completed our look at Lake Lanier home sales for April 2013.  Based on our research, there were 15 Lake Lanier homes that sold in April.  That is identical to the number that was recorded in April of 2012.  As a matter of fact, the number of sales so far this year is tracking very closely to the number of sales in the first four months of 2012.  So far this year 50 homes have sold in the first four months of 2013 as compared to 46 homes that sold in the first four months of 2012.

The lowest priced Lake Lanier home that sold in April of 2013 sold for $180,000. The highest priced Lake Lanier home to sell came in at $880,000. The total days on market on average for homes sold was 142 days. The original list price on average for the homes that sold was $547,937. On average the prices were reduced to an average list price of $524,850. The sales price to original list price ratio was 93.26%.

We have compiled all of the data for April 2013 and for many of the previous months and years. You can see this data and look at the reports by clicking on the link below. As always, should you have any questions about the data or how it was researched please feel free to contact us and we will gladly go through report with you.  Our search criteria and CMA methods are outlined on our website.

Lake Lanier Housing Market Report For April 2013

Lake Sidney Lanier Homes is the most comprehensive online source for information on Lake Lanier homes for sale and Lake Lanier area real estate. View the latest Lake Lanier home listings, foreclosures, lots, land, sales trends and real estate topics on Lake Lanier. Arthur Prescott is an Accredited Buyer's Representative and Certified Residential Specialist with over a decade of Lake Lanier real estate experience. If you would like to schedule a free buyer or seller consultation, please feel free to contact us directly at 678-513-2014 or email us at APrescott@PrudentialGeorgia.com.

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• Watch The Lake Lanier Real Estate Market Like A Pro! See Lake Lanier Home Sales As They Go Under Contract! (lakesidneylanierhomes.blogspot.com)

More Lake Lanier Homes Going Under Contract! Get The Latest Details On Lake Lanier Home Sales!

Our "My Home Finder" property watch system alerted us to three more properties to go under contract on Lake Lanier this week.  The following homes have undergone a status change, and are now Contingent or Pending.

New Status (was Active) Cumming, GA 30041 MLS Number: 5133221 $349,000 4 Bedrooms View Details

New Status: Pending (was Active) Gainesville, GA 30506 MLS Number: 5102137 $359,900 5 Bedrooms View Details New Status: Pending (was Contingent) Oakwood, GA 30566 MLS Number: 5133910 $524,900 3 Bedrooms View Details

Our latest look at the MLS system this morning showed an early tally of 14 Lake Lanier homes selling and closing this past month of April.  We expect a bit more data to come in regarding additional sales for April, but so far the numbers look good.  Preliminary estimates showed the average selling prices to be in the low $500,000 price range.  Now is a very good time to consider listing a Lake Lanier home if you have considered selling.  We continue to stress the positive market conditions and favorable environment for selling that we have not seen on Lanier in quite some time.  Please feel free to contact us for your free Lake Lanier home market evaluation!

Lake Sidney Lanier Homes is the most comprehensive online source for information on Lake Lanier homes for sale and Lake Lanier area real estate. View the latest Lake Lanier home listings, foreclosures, lots, land, sales trends and real estate topics on Lake Lanier. Arthur Prescott is an Accredited Buyer's Representative and Certified Residential Specialist with over a decade of Lake Lanier real estate experience. If you would like to schedule a free buyer or seller consultation, please feel free to contact us directly at 678-513-2014 or email us at APrescott@PrudentialGeorgia.com.

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• The Latest Lake Lanier Homes For Sale That Are Now Pending And Under Contract! Take A Look At The Details! (lakesidneylanierhomes.blogspot.com)
• Lake Lanier Homes For Sale! See The Latest Homes Selling And Going Under Contract! (lakesidneylanierhomes.blogspot.com)

Lake Lanier Real Estate Today

A common question that arises frequently in our Lake Lanier discussions is the question of how the real estate market is performing on Lake Lanier.  This, in turn, begs the question of how many homes are for sale and what the price range is for those homes.  Today, our searches reveal 316 homes for sale.  Now, that does not include mobile or modular or townhomes and condos.  The follow-up to this, of course, is the question of what's under contract?  That would look something like this:  Lake Lanier Homes Under Contract 
Now obviously, caveats and stats and data change.  And our criteria for these searches are unique.  But if you have questions about what's selling, simply give us a call and we'll be happy to discuss the market!

Do you own a Lake Lanier getaway, weekender.  Sometimes we gauge whether we'll be at the lake home base on the weekend weather.  If it's sunny and warm, we're gonna be there.  If the weather looks rainy or cold, visitors taper off.  That said, this weekend looks to be a winner.  Last I saw, 10's on the wizometer!  Highs in the 80's and Lows in the 50's!  Lots of sun!  Hello weekend and Lake Lanier!

Today's featured property of interest just came across our MLS search engines.  Take a look at this gorgeous lake home on the east side of Lake Lanier.  This one is new on the market and looks like it could be a winner.  Check out this Lake Lanier home for sale at $425,000.  And checkout this foreclosure lakefront condo over at Tradewinds on Lake Lanier for $55,000!  Talk about cheap access to the lake!  The condo is right on the south end of Lanier near Buford Dam Road!

Lake Lanier has made Southern Living's prestigious list as one The South's Greatest Lakes!  Lakes Rabun and Oconee made the list, as well.  It's hard to ignore what we all enjoy here in North Georgia on Lake Lanier!
Have a great weekend!  See you at the lake!

Lake Lanier Sales Actibity

We're up and running with the research this morning. A quick look at the FMLS, and we're seeing about 429 homes for sale on Lake Lanier that have a dock/permit attached. That's a lot of inventory! The median price comes in at about $599,000. So pricing is still pretty strong and there are a bunch of properties for sale. Now is the time to start looking and to try to pick up a steal. Last month's sales showed an approximate average of $100,000 discount off of original list price of homes sold! Folks, it's time to dive in!