Backup offers
$7,011 Closing Credit¹
#7398678, Eric Connolly, Listing Office: Archway Realty, LLC.
$450,000 List price
7005 Ridge Way Gainesville, GA 30506
$5,344
Closing credit¹
4 beds
3 full
2,501 sqft
0.6 acres
$180 / sqft
House
Property details
About 7005 Ridge Way
Welcome to 7005 Ridge Way, a beautifully maintained 4-bedroom, 3-bath ranch-style home located in the quiet Cedar Ridge community of Forsyth County. This spacious residence offers a blend of comfort, functionality, and versatility-perfect for multi-generational living, growing families, or anyone who values extra space. Step into an open-concept main level filled with natural light, vaulted ceilings, and a welcoming layout. The kitchen features upgraded cabinetry, stainless steel appliances, and overlooks the dining and living areas, making it ideal for both entertaining and everyday living. The main floor also includes a spacious primary suite with a soaking tub, separate shower, and double vanity, along with two additional bedrooms and a full bath. The fully finished terrace level adds incredible value with a large bedroom, full bath, bonus room, and a generous family room-perfect for a teen hangout, guest suite, game room, or potential in-law apartment with the addition of a kitchenette. Outside, enjoy a flat and fully fenced backyard ideal for kids, pets, or future gardening projects. Two outbuildings offer excellent storage for tools, lawn equipment, or hobbies, and the property is tucked away on a peaceful cul-de-sac with no HOA. Conveniently located near GA 400, Lake Lanier, and local shopping and dining, this home also falls within the sought-after Chestatee Elementary, North Forsyth Middle, and East Forsyth High School districts. This home checks all the boxes for space, location, and flexibility-and it's move-in ready. Don't miss your chance to make this one yours!
Highlights
Home typeSingle Family Residence
HeatingCentral
StatusActive
(New)
(New)
CoolingCentral Air, Other
Size2,501 sqft
BasementYes
Lot size0.6 Acres
Year built2002
ParkingGarage
MLS #10522924
Summary
- Full Bathrooms: 3
- Appliances: Dishwasher, Electric Water Heater, Oven/Range, Refrigerator
- Basement: Yes
- Flooring Type: Hardwood, Other
- Interior: High Ceilings, In-Law Floorplan, Master On Main Level, Separate Shower, Tray Ceiling(s), Walk-In Closet(s)
- Total Bedroom Count: 4
- Attached Garage: No
- Parking: Garage
- Architectural Style: Traditional
- Heating: Central
- Cooling: Central Air, Other
- List Price: $450,000
- Price/SqFt: $179
- Annual Tax Amount: $3,506
- Tax Year: 2024
- Lot: Level, Private
- Directions: gps friendly
- Year Built: 2002
- Living Area: 2,501 SqFt
- Lot Size: 0.6 Acres
- MLS Number: 10522924
- MLS Name: Georgia MLS 2
- Office Name: Keller Williams Lanier Partners
- Listing Agent: Erica Xander
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.
DMCA Notice
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/22/2025, 9:20:31 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$450,000
7005 Ridge Way
$5,344
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Sep 02, 2022 | Home Sold | $403,000 |
| Aug 25, 2011 | Home Sold | $165,000 |
| Nov 06, 2006 | Home Sold | $169,900 |
| Oct 31, 2006 | Home Sold | $169,900 |
| Mar 20, 2006 | Home Sold | $164,000 |
| Mar 03, 2006 | Home Sold | $164,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $161,768 | $3,506 |
| 2022 | $86,480 | $445 |
| 2021 | $86,480 | $445 |
| 2020 | $82,740 | $422 |
| 2018 | $66,936 | $413 |
| 2017 | $62,196 | $413 |
History based on county public records data.
Nearby schools
5
Chestatee Elementary School
Public District KG-5
1.0 mi
•6945 Keith Bridge Rd
6
Kilough Elementary School
Public District PK-5
4.4 mi
•1063 Kilough Church Rd
6
Black's Mill Elementary School
Public District KG-5
5.3 mi
•1860 Dawson Forest Rd E
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 $82,972. Most Gainesville, GA residents have annual incomes between $35k-100k. The most common type of family is married, with kids. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
23%
<35k
49%
35k-100k
28%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
23%
Single, No Kids
9%
Single, with Kids
32%
Married, No Kids
36%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
19%
<11 yrs old
12%
12-17 yrs old
20%
18-34 yrs old
40%
35-64 yrs old
9%
65+ yrs old
What do the neighbors do for fun?
NASCAR
Motocross
Extreme Sports
Where do the neighbors shop?
Dollar General
GameStop
Academy Sports & Outdoors
Where do the neighbors go to eat?
Cracker Barrel
Sonic
Little Caesars
What do the neighbors drive?
Ram
Jeep
Chevrolet
What do the neighbors listen to?
Classic Country- Country
New Country
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 7005 Ridge Way
The listing price of 7005 Ridge Way property is $450,000.
The property 7005 Ridge Way is a house located in Gainesville, Georgia, 30506.
Active Listing: 7005 Ridge Way is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 7005 Ridge Way are: Chestatee Elementary School (GreatSchools Rating 5/10), Kilough Elementary School (GreatSchools Rating 6/10), Black's Mill Elementary School (GreatSchools Rating 6/10), Little Mill Middle School (GreatSchools Rating 4/10), North Forsyth Middle School (GreatSchools Rating 6/10), Dawson County Middle School (GreatSchools Rating 7/10), East Forsyth High School (GreatSchools Rating 5/10), North Forsyth High School (GreatSchools Rating 8/10), Chestatee High School (GreatSchools Rating 4/10).
According to the records, the last property tax for 2024 is $3,506 (source: MLS/based on county public records data).
The last sale was on September 2, 2022 for $403,000 (source: MLS/tax record).
The property at 7005 Ridge Way has 4 bedrooms and 3 bathrooms.
The property 7005 Ridge Way is 2,501 SqFt (source: MLS/tax record).
The year of construction for 7005 Ridge Way is 2002.
This home is located at 7005 Ridge Way in Gainesville, GA and zip code 30506. This 2,501 square foot home, which was built in 2002, sits on a 0.60 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since May 22, 2025 and is currently priced at $450,000.
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.
From Rocket Homes Real Estate and based on county public records data.