#10447375, Elaine Black, Listing Office: Hometown Real Estate Group Inc.
5265 Madge Ln Gainesville, GA 30506
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
Summary
- Partial Bathrooms: 2
- Full Bathrooms: 3
- Appliances: Dishwasher, Double Oven, Electric Water Heater, Microwave
- Basement: Yes
- Flooring Type: Carpet, Hardwood
- Interior: Double Vanity, Master On Main Level, Walk-In Closet(s)
- Fireplace: Factory Built, Family Room
- Total Bedroom Count: 3
- Attached Garage: Yes
- Parking: Attached, Garage, Garage Door Opener, Kitchen Level
- Waterfront: Stream, Creek, Lake Front, Lake Privileges
- View: Lake, River
- Exterior: Garden
- Architectural Style: Traditional
- Heating: Central, Heat Pump
- Cooling: Ceiling Fan(s), Central Air, Electric, Heat Pump
- List Price: $1,075,000
- Price/SqFt: $272
- Annual Tax Amount: $8,160
- Tax Year: 2024
- Lot: Private, Sloped, Waterfall
- Directions: GPS Friendly
- Year Built: 2017
- Living Area: 3,952 SqFt
- Lot Size: 8.07 Acres
- MLS Number: 10419835
- MLS Name: Georgia MLS 2
- Office Name: Chris McCall Realty
- Listing Agent: Christopher McCall
Based on information from the Georgia MLS © 2025.
All information provided is deemed reliable but is not guaranteed and should be independently verified. GAMLS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser GAMLS and this broker assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/17/2025, 10:20:31 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,075,000
5265 Madge Ln
$10,000
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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. Typical income of Gainesville, GA residents is between $35k-100k annually. Residents typically live in married, no kids family. Most residents in this area have post secondary degree education.
Similar homes for sale
Frequently asked questions
Living in Gainesville, GA
Transportation in Gainesville includes a variety of options for residents. The city's road network provides easy access to major highways, facilitating travel and commuting. Public transportation services are available, connecting different parts of the city and important locations. The community also features areas with higher walkability, particularly in the downtown district, and there are initiatives to improve bike paths and pedestrian routes. While specific ride-sharing services are operational in the city, their availability may vary depending on the time and area.
The city of Gainesville is served by a comprehensive educational system, including a number of public and private schools that cater to various educational needs. Healthcare services are readily available, with several hospitals and clinics providing a range of medical care, from emergency services to specialized treatments. The public library system is well-established, offering resources and programs for all ages. Retail and dining options are plentiful, reflecting the local culture with a mix of national chains and unique local establishments.
Gainesville is celebrated for its vibrant community spirit and picturesque surroundings. The city prides itself on its lush parks, recreational areas, and the nearby Lake Lanier, which offers a plethora of outdoor activities. The community comes together to celebrate various local events and festivals throughout the year, which showcase the city's rich cultural heritage and foster a strong sense of belonging among residents.
Gainesville's housing market is diverse, offering a range of options from charming single-family homes to modern apartments and spacious townhouses. The architectural styles vary, with a mix of contemporary, colonial, and ranch-style homes. A significant portion of the housing stock was built during the late 20th century, reflecting a period of growth and development. The homeownership rate in Gainesville is robust, with a majority of residents owning their homes, while a smaller yet substantial segment of the population opts for renting.
About 5265 Madge Ln
The listing price of 5265 Madge Ln property is $1,075,000.
The property 5265 Madge Ln is a house located in Gainesville, Georgia, 30506.
Active Listing: 5265 Madge Ln is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 5265 Madge Ln are: Lanier Elementary School (GreatSchools Rating 3/10), Mount Vernon Elementary School (GreatSchools Rating 6/10), Wauka Mountain Elementary School (GreatSchools Rating 5/10), North Hall Middle School (GreatSchools Rating 6/10), Chestatee Middle School (GreatSchools Rating 4/10), Gainesville Middle School East Campus (GreatSchools Rating 4/10), North Hall High School (GreatSchools Rating 5/10), Chestatee High School (GreatSchools Rating 4/10), Gainesville High School (GreatSchools Rating 4/10).
According to the records, the last property tax for 2024 is $8,160 (source: MLS/based on county public records data).
The property at 5265 Madge Ln has 3 bedrooms and 3 full and 2 half bathrooms.
The property 5265 Madge Ln is 3,952 SqFt (source: MLS/tax record).
The year of construction for 5265 Madge Ln is 2017.
This home is located at 5265 Madge Ln in Gainesville, GA and zip code 30506. This 3,952 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 $1,075,000.
In April 2025, from all listings sold in Gainesville, GA there were more than 13 sold above asking price, over 82 sold below and more than 43 were sold right at the asked price. Between March and April 2025, Gainesville, GA real estate market has seen increase in the number of listings by 14.5%. In April 2025 median list price was $404,818 and the average listing age was 44 days.