$300,000

5577 Waterwood Dr Gainesville, GA 30506

$3,563
Closing credit¹
3 beds
2 full
1,800 sqft
0.08 acres
$167 / sqft
House

Property details

About 5577 Waterwood Dr

Buy this home & I will buy yours! Now you can buy this home with Zero Down with our preferred lender NEXA Mortgage! Come make this beautiful LAKE RETREAT your home! Spacious, open concept, 3 bedroom 2 bath home, with a wraparound concrete side pad. Stainless steel appliances, electric fireplace with ambiance settings, modern lighting, tiled bathrooms with dual shower and jacuzzi tub. Two-Year Satisfaction. Buy it & if you're unhappy with your purchase in 24 months, we will sell it for free! This home has all the luxuries you’re looking for!! DO NOT MISS OUT!

Highlights

Home typeSingle Family Residence
HeatingCentral
StatusActive
CoolingCeiling Fan(s), Central Air
Size1,800 sqft
Lot size0.08 Acres
Year built2022
ParkingDriveway
MLS #7571558
FireplaceElectric, Living Room
ViewOther

Summary

  • Full Bathrooms: 2
  • Appliances: Electric Range, Microwave, Refrigerator
  • Basement: No
  • Flooring Type: Tile
  • Interior: Other
  • Fireplace: Electric, Living Room
  • Total Bedroom Count: 3
  • Private Pool: No
  • Parking: Driveway
  • Waterfront: None
  • View: Other
  • Exterior: None
  • Architectural Style: Traditional
  • Heating: Central
  • Cooling: Ceiling Fan(s), Central Air
  • List Price: $300,000
  • Price/SqFt: $166
  • Annual Tax Amount: $206
  • Tax Year: 2024
  • Lot: Back Yard
  • Directions: Please use GPS
  • Year Built: 2022
  • Living Area: 1,800 SqFt
  • Lot Size: 0.08 Acres
  • MLS Number: 7571558
  • MLS Name: First Multiple Listing Service
  • Office Name: Your Home Sold Guaranteed Realty Crown Group
  • Office Phone: (678) 798-8150
  • Listing Agent: Mayra Senquiz

IDX 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: 5/5/2025, 7:55:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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bungalow-style home featuring a front yard

$300,000

5577 Waterwood Dr

$3,563

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Jun 17, 2020
Home Sold
$28,000
Aug 21, 2017
Home Sold
$13,000

Tax history

YearAssessmentProperty Tax
2024$8,360$206
2022$7,800$212
2021$7,800$204
2020$7,800$210
2019$8,360$227
2018$5,200$146
2017$14,360$390

History based on county public records data.

Nearby schools

3

Lanier Elementary School

Public District PK-5

3.4 mi

4782 Thompson Bridge Rd

6

Blackburn Elementary School

Public District KG-5

5.2 mi

45 Blackburn Rd

6

Kilough Elementary School

Public District PK-5

5.2 mi

1063 Kilough Church Rd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $35,435. Typical income of Gainesville, GA residents is less than $<35k annually. The majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.

How much money do the neighbors make?

50%
<35k
30%
35k-100k
18%
100k-200k
2%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

31%
Single, No Kids
15%
Single, with Kids
28%
Married, No Kids
26%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

17%
<11 yrs old
9%
12-17 yrs old
20%
18-34 yrs old
42%
35-64 yrs old
12%
65+ yrs old

What do the neighbors do for fun?

  • Extreme SportsExtreme Sports
  • Figure SkatingFigure Skating
  • NASCARNASCAR

Where do the neighbors shop?

  • Academy Sports & OutdoorsAcademy Sports & Outdoors
  • KmartKmart
  • Dick's Sporting GoodsDick's Sporting Goods

Where do the neighbors go to eat?

  • Little CaesarsLittle Caesars
  • Bob EvansBob Evans
  • ArbysArbys

What do the neighbors drive?

  • ChevroletChevrolet
  • BuickBuick
  • GMCGMC

What do the neighbors listen to?

  • CountryCountry
  • OldiesOldies
  • Adult HitsAdult Hits
All data provided by Home Junction and Claritas

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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 5577 Waterwood Dr

The listing price of 5577 Waterwood Dr property is $300,000.

The property 5577 Waterwood Dr is a house located in Gainesville, Georgia, 30506.

Active Listing: 5577 Waterwood Dr is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 5577 Waterwood Dr are: Lanier Elementary School (GreatSchools Rating 3/10), Blackburn Elementary School (GreatSchools Rating 6/10), Kilough Elementary School (GreatSchools Rating 6/10), North Hall Middle School (GreatSchools Rating 6/10), Chestatee Middle School (GreatSchools Rating 4/10), Lumpkin County Middle School (GreatSchools Rating 5/10), North Hall High School (GreatSchools Rating 5/10), Chestatee High School (GreatSchools Rating 4/10), Dawson County High School (GreatSchools Rating 9/10).

According to the records, the last property tax for 2024 is $206 (source: MLS/based on county public records data).

The last sale was on June 17, 2020 for $28,000 (source: MLS/tax record).

The property at 5577 Waterwood Dr has 3 bedrooms and 2 bathrooms.

The property 5577 Waterwood Dr is 1,800 SqFt (source: MLS/tax record).

The year of construction for 5577 Waterwood Dr is 2022.

This home is located at 5577 Waterwood Dr in Gainesville, GA and zip code 30506. This 1,800 square foot home, which was built in 2022, sits on a 0.08 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 1, 2025 and is currently priced at $300,000.

Over 13 listings were sold over their listed price in April 2025 in Gainesville, GA. In the same period over 82 listings were sold below the listed price and 43 listings were sold for the listed price. In April 2025 in Gainesville, GA there were 14.5% more homes for sale than in March. While the average time on the market in April 2025 was 44 days, the median list price was $404,818.

From Rocket Homes Real Estate and based on county public records data.

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