1050 Park Shore Drive, Cumming, GA 30041

$810,000
5
BD
5
BA
4,087
SqFt

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Sold Price
$810,000
List Price
$850,000
Closing Date
Feb 14, 2025
MLS#
7431150
Status
CLOSED
Type
Single Family Residential
Subtype
Single Family Residence
Bedrooms
5
Bathrooms
5
Square Footage
4,087
Lot Size
0.6900000000000001
Subdivision
Park Shore
Basement
Yes
Basement Description
Boat Door, Driveway Access, Exterior Entry, Full, Interior Entry, Unfinished

Property Description

Welcome to this stunning, custom-built luxury home in the elite Park Shore neighborhood of Cumming, offering Lake Lanier views and direct lake access. Situated on a quiet end of the street, cul-de-sac lot, close to the community amenities. This exceptional property features an inviting front porch, a circular driveway, and 5-car side entry garages, luxury living at its finest. Located in the Prime South Forsyth area, on the south end of Lake Lanier. This home is part of the prestigious Park Shore community, which offers a community boat dock, covered picnic pavilion, Saltwater swimming pool, tennis, playground, clubhouse. Conveniently located to everything! Next to Mary Alice Park with white sandy beach, boat ramps, picnic areas; very close to market place shopping & restaurants, and the new CUMMING CITY CENTER featuring a new AMPHITHEATER with concerts by local artists; Nearby developments like Westshore, Halcyon and Vickery Village; Easy access to GA-400, Costco 5 minute away! Close to Bald Ridge & Habersham Marinas, Northside Hospital, and award-winning schools! This home features an open floor plan with grand 2 story foyer entrance area, 2-story family room with 18 feet high ceiling, open dining room, a master suite on the main level with the sitting area and the vaulted ceiling, master bathroom with the double vanity, walk in California closet. Guest secondary bedroom and full bath, laundry room on the main. Enjoy the gourmet kitchen with the hardwood floors, kitchen bar and the breakfast area is open to a private side entry courtyard to enjoy your morning coffee and the picturesque views of the backyard. Upstairs you will find 3 additional bedrooms and 2 full baths. Huge partially finished basement (2725 sq. ft.) with a separate entrance that can be finished with endless possibilities is offering enough room for a beautiful in-law suite, with a kitchen, home movie theater, 2 bedrooms and 2 bathrooms, flex, game or workout room, a game room with pool table, or a man cave. Additionally, in the terrace level basement, there is a storage space/workshop with 2 insulated garage doors that open to the side/backyard for your lawn mower, boat, etc. The owner has had plans done for the basement and we have included the poster pictures of how the basement would look like after it is finished. There are 3 HVAC units at the property. Beautifully landscaped lawn with massive curb appeal! Large partially fenced backyard with a back deck overlooking a beautiful backyard and screened patio underneath for outdoor entertaining. Potential for the future owner to use a portable dock as the property has direct access to the lake. Lease Purchase option is available. Public sewer is available in the neighborhood. Property can be connected to public sewer, seller has the quote of $7,000 to connect, seller never had a problem with the current septic tank. Don’t miss your chance to own this exceptional dream lake home. New and newly renovated homes in the Park Shore neighborhood are currently selling for $281 per square foot. The home located at 1050 Parkshore Drive, offers a total of 6,812 square feet (4,087 square feet of finished space and a 2,725-square-foot unfinished basement). While making interior upgrades is relatively simple, adding square footage is much more challenging—and this home already has the sq footage. At the going neighborhood rate, this home in pristine condition could be valued at approximately $1,900,000 based on its size. Priced at just $850,000, completing upgrades and finishing off the basement could unlock significant equity, making it an excellent investment opportunity. Schedule a viewing today and make this luxurious lakefront property yours! ***OpenHouse on Saturday, November 23rd from 2:00 - 4:00 pm***

Additional Information

Style
Cape Cod, Traditional
Stories
Two
Construction
Cement Siding
Year Built
1996
Neighborhood Amenities
Community Dock, Homeowners Assoc, Lake, Near Shopping, Playground, Pool, Tennis Court(s)
Kitchen Features
Breakfast Bar, Cabinets Stain, Eat-in Kitchen, Pantry, Stone Counters
Interior
Bookcases, Cathedral Ceiling(s), Central Vacuum, Double Vanity, Entrance Foyer, Entrance Foyer 2 Story, High Ceilings 9 ft Main, High Ceilings 10 ft Main, Tray Ceiling(s), Vaulted Ceiling(s), Walk-In Closet(s)
Fireplaces
1
Exterior
Balcony, Garden, Private Entrance, Private Yard
Roof
Composition
Lot Dimensions
x
Parking
Drive Under Main Level, Garage, Garage Faces Side, Kitchen Level
Lot Desc
Back Yard, Cul-De-Sac, Front Yard, Landscaped, Private, Wooded
Water
Public
Sewer
Septic Tank
Elementary School
Mashburn
Middle School
Lakeside - Forsyth
High School
Forsyth Central
Acres
0.69
Dock
None
Hoa Fee
$950
Hoa Freq
Annually
Levels
Two
Taxes
$1,270

Listing courtesy of EXP Realty, LLC.. Selling Office: Keller Williams Realty Signature Partners.

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