3214 Simpson Park Road

A 0.58-acre other in Gainesville.

Rare Lakefront Home or Investment Opportunity, Dual Homes on Nearly Flat Lot! Welcome to your dream lakefront retreat on beautiful Lake Lanier, where luxury, flexibility, and income potential come together on one exceptional property. This rare offering features two homes situated on an expansive, nearly flat lot with an impressive 285 feet of shoreline in a quiet deep-water cove—an uncommon find compared to the typical steep lake lots in the area. The main residence is a charming ranch-style lakehouse offering 3 bedrooms and 2 bathrooms, designed with an open and inviting layout that captures stunning lake views. Spacious upper and lower decks create the perfect setting for entertaining, relaxing, or simply enjoying the peaceful waterfront surroundings. Above the detached two-car garage sits a fully equipped 1 bedroom, 1 bathroom studio apartment complete with a full kitchen, walk-in closet, new HVAC system, and a private wrap-around deck overlooking the water. This space is ideal for guests, extended family, or as a separate rental unit. This property is move-in or rental ready at closing, with most furnishings and décor included, making it an effortless transition for the next owner. Located in Hall County, where short-term rentals are permitted, the possibilities are endless—live in one home and rent the other, lease both for maximum income, or create the ultimate private family compound. The home also has a proven track record as a successful vacation rental. Outdoors, the beautifully manicured lot offers easy access to the water with a gentle slope rarely found on Lake Lanier. The property currently features a single-slip dock with an attached jet ski port, and approval has already been secured through the U.S. Army Corps of Engineers for a potential dual-slip dock, giving buyers the option to expand. Enjoy the best of lake living with peaceful surroundings while remaining conveniently close to local marinas, restaurants, and attractions. Whether you're searching for a full-time residence, a vacation getaway, or a high-performing investment property, this unique lakefront estate delivers exceptional value and opportunity. You always have a great open view due to Core Engineers mowing permit. Lake views from all rooms and decks. Deep water dock even when lake levels are low.

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Mortgage estimate

An estimate of your monthly payment, including principal, interest, taxes, and insurance. Property taxes for this listing are $12,133 annually.

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