Today, we closed on a beautiful waterfront Lake Lanier lot located at 7723 Elm Circle in Murrayville Georgia. This lot was originally listed for sale at $150,000. It was then reduced to $139,900 after approximately three months on the market. Our buyer clients purchased the lot today for $122,000 after the property was on the market for sale for approximately 5 to 6 months.
Located on the northern arm of the Chestatee River in Murrayville this property included a single slip covered dock on drought resistant water with a down river view of the Chestatee. It was a fantastic buy, and we are certain that our buyer clients will enjoy this property for years to come!
As we have stated in previous posts, it seems like the waterfront lot market on Lake Lanier is picking up with more activity from buyers out looking for properties to purchase for new construction. Inventory is still limited however, which makes selecting the right lot challenging because it is so difficult to find something that meets all of a lake property buyer's needs. With the holidays approaching quickly, we expect that some of this activity will slow up a bit. But keep in mind, once the leaves come down off the trees and the views open up, it can be a great time to look at land and lots on Lake Lanier. It becomes easy to see the topography and the lay of the land and what the potential lake view of any subject property might be during the winter months.
Many thanks to Shannon Stephens with Keller Williams Realty Lanier Partners for her listing of this wonderful property and successfully brokering the listing side of this transaction. Additionally, we send our thanks out once again to the Law Office Of J. Bristow Anderson in Roswell for another successful Lake Lanier closing. If you are looking for Lake Lanier waterfront lots, or if you are interested in discussing the potential value of your water front property please contact us and we will be happy to assist!
