Hidden Cove Homes with Three Or More Levels

Hidden Cove Homes with Three Or More Levels

Welcome to Hidden Cove, an enchanting subdivision nestled in the heart of Gainesville, Georgia, where the charm of suburban living meets the serenity of nature. This picturesque community is perfectly positioned in Hall County, offering residents a tranquil escape while still being conveniently close to the vibrant amenities of downtown Gainesville.

Hidden Cove is renowned for its stunning homes, particularly those with three or more levels, providing ample space for families of all sizes. These multi-level residences are thoughtfully designed to maximize both comfort and functionality, featuring open floor plans, spacious living areas, and private retreats that cater to modern lifestyles. Imagine enjoying your morning coffee on a sun-drenched balcony or hosting gatherings in your expansive great room – the possibilities are endless.

The subdivision is surrounded by lush greenery and scenic views, making it a haven for outdoor enthusiasts. Residents can take advantage of nearby parks, walking trails, and Lake Lanier, which is just a stone’s throw away, offering endless opportunities for boating, fishing, and picnicking.

Hidden Cove also boasts a strong sense of community, where neighbors become friends and families create lasting memories. With excellent schools and a variety of local shops and restaurants just a short drive away, this subdivision is ideal for those seeking a balanced lifestyle.

Discover the charm of Hidden Cove and experience the perfect blend of comfort, community, and convenience in Gainesville, GA. Your dream home awaits!

Newest Hidden Cove Homes with Three Or More Levels

$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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