Showing posts with label Lake Lanier lots and Land. Show all posts
Showing posts with label Lake Lanier lots and Land. Show all posts

Monday, December 10, 2012

Lake Lanier Lots, A Summary Of Sales Year To Date!

Last week, we provided a look into Lake Lanier lots for sale for under $100,000.  Today, we continue the focus on waterfront lots.  However, we thought that we would take a quick peek at what has sold so far this year.  So we went to the MLS and pulled available data representing Lake Lanier waterfront lots with a dock or dock permit that have sold in 2012.  You might be shocked at the numbers!  The sales are limited in the number of transactions that have occured.  Many of the sales were listed as foreclosures or short sales.  Check out the details by clicking on the following links.  And as always, if you have questions about Lake Lanier real estate or if you would like to see available properties, please let us know!

Quick Comparative Market Analysis For Lake Lanier Waterfront Lots YTD 2012

Short Listings Of These Lake Lanier Lot Sales




















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.

Thursday, July 19, 2012

Lake Lanier Real Estate, Waterfront Lake Lots, And A Lake Property Sale!

We had another great day in Lake Lanier real estate yesterday, as we closed on a very nice Lake Lanier waterfront lot in Murrayville, Georgia.  This was a great deal for our buyer on a gently sloping lot listed at about .28 acres with a single-slip dock in place.  The original listing date was September 2010, so this lot was on the market for a long time, just like so many other lake lots.  Why such a great deal?  Well, consider the history.  This Lake Lanier lot sold for $160,000 in 2007, and our buyer picked it up as a short sale yesterday for a very cool $62,900!

Full Listing Report & Photos For 7731 Elm Circle, Murrayville, GA.

This Lake Lanier waterfront lot is located at 7731 Elm Circle in Murrayville.  It is a cove lot on the northern end of the Chestatee River in Hall County.  Now, before you rush to quick judgement about the ease of purchasing a Lake Lanier lot at a steal of a price, consider your financing or your ability to buy without financing.  This is one of the main reasons for the pricing.  It is still fairly difficult to obtain financing on raw land and lots.  Unless you are getting a very short term loan from your bank or building immediately on the lot via a construction loan, you'll probably need to pony up the cash!  A HELOC could be an option as well.  Without a doubt, market conditions and sales of Lake Lanier lots are still very much affected by the limitations in available financing for these kinds of properties.



View Larger Map

So with all of that said, now is a great time to buy waterfront lots on Lake Lanier!  The deals are there and it is a buyer's market.  However, just remember to have your financing ready or cash in hand before you start down the road to buy one of these very nice properties.

View Lake Lanier Lots And Land For Sale!