2451 NW Old Thompson Bridge Road
Gainesville, GA 30501
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Bed
0
Bath
0.01Acre(Lot)
MAJOR SELLER INCENTIVE: Seller will pay the HOA dues on the 4 completed units for 5 YEARS, subject to final contractual terms. Current HOA dues are approximately $180 per month per completed unit, representing approximately $43,200 in potential HOA savings over five years based on current dues. Exceptional income-producing investment property in the Gainesville, GA / Lake Lanier corridor offering 4 completed, 100% occupied Class A condominium units PLUS 5 additional slab-ready condominium development sites in one complete package. The four completed units were built in 2023 and provide approximately 5,760 total SF, with each residence offering approximately 1,440 SF, 3 bedrooms and 3.5 bathrooms. Current rental income totals approximately $7,550 per month / $90,600 annually based
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Flooring Information
Hardwood -
Roofing Information
Composition -
Interior Features
Roof: Composition Window Features: Double Pane Windows -
Heating & Cooling
Has Heating: Yes Heating: Central Has Cooling: Yes Cooling: Central Air Water front: 1
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Building Information
Year Built: 2024 Construction Materials: Cement Siding, Concrete Private Pool: No Water front Features: Lake Front View: Lake -
Exterior Features
Exterior Features: Dock
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Lot Information
Lot Dimensions: 0x0x0 Lot Size Acres: 0.01 Lot Size Source: Public Records Lot Description: WoodedProperty Information
Subdivision: Hidden Cove Source Property Type: Residential Income Levels: Three Or More Property Age: 2
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Listing Price Information
Listing Price: $1499900 Original Price: $3500000 1031 Exchange, Cash
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Tax Information
Parcel Number: 01097A000026 Tax Lot: 6 Tax Year: 2025 Annual Tax: $3866 Tax Legal Desc: HIDDEN COVE CONDOS - LOT 6
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Parking Information
Parking Total: 9 Detached, Parking Lot, Driveway
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School Information
Elementary School: Enota Multiple Intelligences AcademyJunior High School: Gainesville EastSenior High School: Gainesville -
Utility Information
Cable Available, Electricity Available, Phone Available, Sewer Available, Underground Utilities, Water Available -
Location Information
Direction: From Downtown Gainesville, take Jesse Jewell Pkwy NW to Thompson Bridge Rd. Turn right onto Thompson Bridge Rd and continue approximately 2.5 miles. Turn left onto Old Thompson Bridge Rd NW. Properties are located at 2451, 2447, 2443, and 2539 NW Old Thompson Bridge Rd. WaterSource: Public
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 3978 Pine Shore Circle, Gainesville, GA, 30501 | $489,900 | 3 | 2 | 2,656 | 0.45 Acre |
| 3978 Pine Shore Circle, Gainesville, GA, 30501 | $489,900 | 3 | 3 | 2,656 | 0.45 Acre |
| 3930 Pine Tree Lane, Gainesville, GA, 30501 | $373,900 | 4 | 3 | -- | 0.31 Acre |
| 3905 Sea Court, Gainesville, GA, 30501 | $399,500 | 3 | 2 | 1,531 | 0.33 Acre |
| 3905 Sea Court, Gainesville, GA, 30501 | $399,500 | 3 | 2 | 1,531 | 0.29 Acre |
| 3933 Skyline Drive, Gainesville, GA, 30501 | $1,200,000 | 5 | 5 | 6,000 | 0.39 Acre |
| 3933 Skyline Drive, Gainesville, GA, 30501 | $1,200,000 | 5 | 4 | 6,000 | 0.39 Acre |
| 3611 Tower Way, Gainesville, GA, 30501 | $349,000 | 3 | 3 | 1,671 | 0.24 Acre |
| 3611 Tower Way, Gainesville, GA, 30501 | $349,000 | 3 | 2 | 1,671 | 0.24 Acre |
| 3852 Clubhouse Drive, Gainesville, GA, 30501 | $1,125,000 | 6 | 3 | 4,416 | 0.30 Acre |
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ByOwner last updated this listing 10/05/2026 @ 19:40
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