Hidden Cove Homes with Lake Community Features

Hidden Cove Homes with Lake Community Features

Welcome to Hidden Cove, a serene and picturesque subdivision nestled in the heart of Gainesville, Georgia. This enchanting community offers a perfect blend of natural beauty and modern living, making it an ideal choice for families, retirees, and anyone seeking a peaceful retreat.

Hidden Cove is renowned for its stunning homes that boast a unique charm and character, each designed to complement the breathtaking landscape. As you stroll through the neighborhood, you’ll be captivated by the lush greenery and well-maintained properties, creating a warm and inviting atmosphere. The homes here are often equipped with modern amenities and spacious layouts, catering to a variety of lifestyles.

One of the standout features of Hidden Cove is its exclusive access to a beautiful lake community. Imagine waking up to the gentle sounds of nature, with the shimmering waters of the lake just a stone's throw away. Residents have the opportunity to enjoy a range of recreational activities, from kayaking and fishing to leisurely boat rides and picnics by the shore. The community fosters a strong sense of camaraderie, with neighbors often gathering for summer barbecues or enjoying sunset strolls along the water’s edge.

In addition to its natural allure, Hidden Cove is conveniently located near Gainesville's vibrant downtown area, offering a variety of shopping, dining, and entertainment options. With its perfect balance of tranquility and accessibility, Hidden Cove is more than just a place to live; it’s a lifestyle waiting to be embraced. Discover your dream home in this idyllic lake community today!

Newest Hidden Cove Homes with Lake Community Features

$1,499,900
10714666 MLS
Exceptional Lake Lanier investment property for sale in Gainesville, GA, now offered as a complete package at $1,499,900. This income-producing real estate opportunity includes four fully completed, 100% occupied Class A condominium units built in 2023 PLUS five additional permitted, utility-ready condominium development sites, creating immediate rental income with future development potential for up to nine total units. The four completed condominium units provide approximately 5,760 total square feet, with each residence offering approximately 1,440 square feet, 3 bedrooms and 3.5 bathrooms. Current gross rental income is approximately $90,600 annually, based on the existing rent roll. NEW SELLER INCENTIVE: Seller will pay 100% of the HOA dues on the four completed condominium units for five years, subject to the final purchase agreement. Current HOA dues are approximately $180 per month per completed unit, representing approximately $43,200 in potential HOA value over five years based on current dues. The development component includes five existing basement slabs, utilities in place, permits for development, and civil engineering plans, providing a buyer with the opportunity to complete five additional condominium units and potentially expand the existing rental portfolio from four units to nine total units. Located in the Gainesville, GA / Lake Lanier corridor, the completed units offer lake views and are within walking distance of Holly Park, with convenient access to Lake Lanier, downtown Gainesville, shopping, dining, medical facilities, and major employment centers. This property may appeal to investors searching for a multifamily investment in Gainesville GA, Lake Lanier income-producing property, 1031 exchange opportunity, buy-and-hold investment, or Gainesville development opportunity. Complete package: $1,499,900. Seller is motivated and reviewing qualified offers. Updated leases, rent roll, property-management financials, HOA information, permits, civil plans, and development documentation are available upon request. Buyer to independently verify permit status, utilities, construction requirements, and all development information during due diligence.

2451 NW Old Thompson Bridge Road, Gainesville

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