1295 Timber Lake Trail, Cumming, GA 30041

$499,900 Asking Price

4 beds
3 baths
2,912  sqft
Built in 1972

Beautiful Ranch style home with a single slip party dock on Lake Lanier (large lot .54 acres) just moments from everything that Cumming has to offer! Calling all homeowners, 2nd home seekers, investors and builders, this home is one to grab quickly. Appraised at $850,000 on 2/21/24 this home leaves plenty of instant equity for those looking for the "deals of all deals". This is a Corporate Liquidation of assets and property has free and clear title and ready to close. This 4-bedroom, 3-bathroom offers so many opportunities with its large kitchen and living room with fireplace, primary and secondary bedroom, and laundry all on the main floor. Going down into the basement, you will be greeted by another large living room with 2nd fireplace, a room that is stubbed for a 2nd kitchen (water hookup is in the cabinet), two additional bedrooms and a large game/utility room with 2nd laundry hookup. Literally, this home is one you can move the entire family to! Seller's ready to close and closing attorney will need to be Sherman and Phalen. Property is Sold As-Is with no disclosures as the seller never lived there.


Features & Amenities

Interior

General:
Bookcases, Master On Main Level, Walk-In Closet(s)
Appliances:
Dishwasher
Laundry:
In Basement, In Hall
Basement:
Finished Bath, Finished, Full
Flooring:
Carpet
A/C:
true, Central Air
Heating:
true, Central
Fireplace:
Basement, Living Room, Fireplace, Fireplaces: 2

Exterior

General:
Dock
Style:
Ranch, Traditional
Parking:
Carport, Parking spaces: 6

Construction

Roofing:
Other
Windows:
Double Pane Windows
General:
Brick, Wood Siding, Two, Block

Location

HOA Amenities:
0.0
Originating MLS:
Georgia MLS 2
County:
Forsyth

Lot

Zoning:
198 198
View:
Lake, View

Utilities

Utilities:
Electricity Available, Natural Gas Available, Water Available, Electricity on Property
Water:
Public
Sewer:
Septic Tank

Financial

Source:
Georgia MLS 2

This listing courtesy of:
ERA Sunrise Realty, Adrienne Nace

About Cumming, GA

Housing

Number of Units
68,926
Median Home Value
$357,746
Median Rent
$1,227

15.38% of housing units are renter occupied.

3.89% are vacant.

Commute

Car
51.40%
Public Transportation
0.29%
Walk to Work
0.23%
Work from Home
47.50%
Other
0.43%

The median travel time to work is 18 minutes.

People

Population
191,306
Median Age
38.10
Median Household Size
3.24

Education

High School
14.64%
Associate’s Degree
7.15%
Bachelor’s Degree
36.04%
Graduate Degree
18.35%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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