$3,384 Closing Credit¹
#7504344, Stacie Hardesty, Listing Office: The Agency North Atlanta
$10,000
closing credit¹
5265 Madge Ln Gainesville, GA 30506
$1,195,000 List price
$10,000
Closing credit¹
3 beds
3 full, 2 partial
6,592 sqft
8.1 acres
$181 / sqft
House
Property details
About 5265 Madge Ln
Exceptional 3-bedroom, 3.5-bath home on 8.078 acres, zoned Vacation Cottage (V-C), offering approximately 4,500 sq ft of heated living space plus a full unfinished basement stubbed for additional baths, kitchen, and wood-burning stove. Built in 2019 with ICF concrete construction to the roofline, this property boasts stunning Lake Lanier views, 775' of Wahoo Creek frontage with waterfalls, and 437' bordering US Corps of Engineers property. Features include a 3-floor elevator, in-ground saltwater pool, open-concept layout with master on the main, gourmet kitchen with island, double oven, surface cooktop, and smart home systems. Additional highlights include a 2,400 sq ft workshop with finished office, full bath, and two 12'x12' roll-up garage doors, as well as a 3-car garage and unfinished bonus space ready to customize. A rare find blending luxury, privacy, and endless potential!
Highlights
Home typeSingle Family Residence
HeatingCentral, Heat Pump
StatusActive
CoolingCeiling Fan(s), Central Air, Electric, Heat Pump
Size6,592 sqft
BasementYes
Lot size8.07 Acres
Year built2017
ParkingGarage, Garage Door Opener
MLS #7481644
Garage3 spaces
WaterfrontCreek, Lake Front, River Front, Waterfront
FireplaceFactory Built, Family Room
ViewCreek/Stream, Lake, Pool
Summary
- MLS Number: 7481644
- MLS Name: First Multiple Listing Service
- Office Name: Chris McCall Realty, LLC
- Office Phone: (770) 297-6800
- Listing Agent: Chris Mccall
Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please Click Here to review our DMCA and learn how to submit a takedown request. Information is deemed reliable but is not guaranteed. © 2025 First Multiple Listing Service, Inc.
IDX Provided by Rocket Homes Real Estate, LLC
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/7/2025, 2:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,195,000
5265 Madge Ln
$10,000
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $329,660 | $8,160 |
| 2022 | $225,928 | $6,141 |
| 2021 | $216,668 | $5,890 |
| 2020 | $235,275 | $4,380 |
| 2019 | $161,515 | $4,474 |
| 2018 | $152,515 | $1,450 |
| 2017 | $51,515 | $1,399 |
History based on county public records data.
Nearby schools
3
Lanier Elementary School
Public District PK-5
1.4 mi
•4782 Thompson Bridge Rd
6
Mount Vernon Elementary School
Public District PK-5
2.2 mi
•4844 Jim Hood Rd
5
Wauka Mountain Elementary School
Public District PK-5
4.7 mi
•5850 Brookton Lula Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $88,435. Residents of Gainesville, GA typically earn between $35k-100k each year. Residents typically live in married, no kids family. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
20%
<35k
39%
35k-100k
29%
100k-200k
12%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
37%
Single, No Kids
5%
Single, with Kids
43%
Married, No Kids
15%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
10%
<11 yrs old
7%
12-17 yrs old
11%
18-34 yrs old
31%
35-64 yrs old
41%
65+ yrs old
What do the neighbors do for fun?
PGA/LPGA
Skiing/snowboarding
Figure Skating
Where do the neighbors shop?
Stein Mart
BJs Wholesale Club
Academy Sports & Outdoors
Where do the neighbors go to eat?
Bob Evans
Panera
Cracker Barrel
What do the neighbors drive?
Lincoln
Infiniti
Buick
What do the neighbors listen to?
News/Talk/Information
Adult Hits- Adult Standards
All data provided by Home Junction and Claritas
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Frequently asked questions
Living in Gainesville, GA
About 5265 Madge Ln
This home is located at 5265 Madge Ln in Gainesville, GA and zip code 30506. This 6,592 square foot home, which was built in 2017, sits on a 8.07 acre lot. Features: 3 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since November 27, 2024 and is currently priced at $1,195,000.
In January 2025 more than 4 listings in Gainesville, GA were sold above the asking price. During the same period more than 23 listings were sold at asking price, while more than 53 were sold below. The inventory of homes for sale in Gainesville, GA between December and January 2025 increased by 15.4%. Listings spent 64 days on the market in January 2025, and had a median list price of $403,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.