Hidden Cove Homes with 3 or More Stories

Hidden Cove Homes with 3 or More Stories

Welcome to Hidden Cove, a picturesque subdivision nestled in the heart of Gainesville, Georgia. This charming community is known for its serene atmosphere, beautiful landscapes, and a close-knit neighborhood feel that makes it a perfect place to call home. With its stunning views and proximity to Lake Lanier, Hidden Cove offers residents a unique blend of nature and suburban living, making it an ideal spot for families, retirees, and everyone in between.

Hidden Cove boasts an impressive selection of homes, including those with three or more stories, providing ample space for growing families or those who simply enjoy extra room for entertainment and relaxation. These multi-level homes are designed with modern aesthetics and functional layouts, featuring spacious living areas, gourmet kitchens, and luxurious master suites. Many homes also come with outdoor spaces perfect for gatherings, gardening, or simply enjoying the beautiful Georgia weather.

One of the standout features of Hidden Cove is its community spirit. Residents often come together for neighborhood events, fostering friendships and a sense of belonging. The subdivision is also conveniently located near shopping, dining, and recreational activities, ensuring that everything you need is just a short drive away.

Whether you’re looking for a vibrant community or a serene retreat, Hidden Cove offers the best of both worlds. Explore the possibilities of life in this enchanting subdivision and discover your dream home today!

Newest Hidden Cove Homes with 3 or More Stories

$1,499,900
10714666 MLS
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 on the existing rent roll. The development portion includes 5 existing basement slabs with utilities in place or stubbed to the sites. Seller represents the development sites as permitted and ready to build, with civil engineering plans and supporting development documentation available for buyer review and verification. This offering provides an opportunity to acquire immediate rental income today with the potential to expand from 4 completed units to 9 total units. The completed units offer lake views and are within walking distance of Holly Park and Lake Lanier access, with convenient access to Downtown Gainesville, shopping, dining, medical facilities and major employment centers. Ideal for multifamily investors, builders, developers, 1031 Exchange buyers, portfolio investors and buy-and-hold investors seeking income-producing real estate with development upside near Lake Lanier. Complete package offered at $1,499,900. Updated leases, rent roll, property-management financials, HOA information, permits, plans and development documentation available upon request. Buyer to independently verify permit status, utilities, governmental approvals, construction requirements and all development information during due diligence.

2451 NW Old Thompson Bridge Road, Gainesville

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