Home For Sale near Lake Lanier

* Photos Coming Soon * Big equity opportunity with exceptional potential, this is the kind of deal investors and flippers chase. Unlock the full potential of this expansive 5-bedroom, 3-bath home with the ability to convert into a high-yield 7+ bedroom layout. Priced at $499,000, this property is primed for value-add improvements, rental optimization, or a profitable flip. Featuring two bonus rooms that can easily be converted into additional bedrooms, the upside for increased value and rental income is clear. In addition, the property includes a separate 1-bedroom, full studio with its own private entrance, ideal for , long-term rental income, house hacking, or multigenerational living. Live in the main home while the studio offsets your mortgage, or maximize returns by creating multiple income streams across the property. Enjoy generous living space and a functional, flexible layout ready to be reimagined for higher occupancy and increased value. Conveniently located near shopping, dining, major highways, and just minutes from Lake Lanier, adding even more appeal for short-term or long-term renters. Whether you're looking to renovate and resell, build long-term equity, or generate strong rental cash flow, this property offers multiple exit strategies and strong return potential from day one. Opportunities like this are hard to find. Property is occupied.

Property Details

  • Beds: 6
  • Baths: 3.0
  • Year Built: 1972
  • Location: Lake Lanier
  • Acres: 0.710
  • County: Hall County
  • Community: Holiday Heights
  • Heat/AC: Central
  • Garage: Carport
  • Siding: Brick
  • Roof:
  • Stories: 2
  • Fireplaces: Has Fireplace
  • Property Taxes: $3,604
  • MLS #: 10711534

Location

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Contact Information:

Contact Agent
Buyer's Agent: Teresa Smith
Keller Williams Realty Atlanta Partners
770-654-4173
Please say you found it on Lakehouse.com !
Listing Agent: Edgar Munoz, eXp Realty, 678-630-9567, 888-959-9461 Listing Site, Listing Status: Active
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Ad Statistics:

Lake Home For Sale in Oakwood, Georgia
Ad Number : 7421666
Viewed: 1 times
Added: Mar 16, 2026
Updated on: Mar 16, 2026
All information provided is deemed reliable but is not guaranteed and should be independently verified.