$2,298,500

Extraordinary Lake Lanier estate offering a rare combination of three lots, three permitted 32x32 double-slip docks, and irreplaceable grandfathered features on nearly two acres with over 520 feet of shoreline. This South Lake Lanier legacy property is far more than a home-it is a once-in-a-generation waterfront compound with features that… Read More can no longer be replicated under current regulations. What truly sets this estate apart are its grandfathered shoreline elements, including a lakeside cottage just steps from the water, a boathouse pavilion with half bath directly on the shoreline, and drive-down access nearly to the water's edge, creating a private resort-style lake experience that is unmatched on Lake Lanier. The main residence, built in 2016, offers four bedrooms and three bathrooms with 2,682+ square feet plus an additional 2,682 unfinished terrace level already equipped with HVAC and electrical, ready for customization. Designed to capture panoramic lake views and seamless indoor-outdoor living, the home features soaring ceilings, reclaimed antique doors, a chef's kitchen with leathered granite, vintage-style range and pot filler, a fireside family room, and a screened porch overlooking the water. The main-level primary suite includes a spa-like bath and private deck access, while the terrace level is stubbed for plumbing and ideal for an in-law suite or future expansion. The grandfathered lakeside cottage offers approximately 930 square feet with one bedroom and one bathroom, positioned closer to the shoreline than would be permitted today. Thoughtfully remodeled, it features a wraparound deck with lake views, a full kitchen, laundry, and its own private dock, making it ideal for guests, multigenerational living, or potential rental income. At the water's edge, the boathouse pavilion is designed for memorable lake days with covered dining and lounge areas, grilling and prep space, a half bath, dry storage for lake gear, and direct access to all three docks. The additional third lot provides exceptional flexibility for future use, whether building a custom lake home or barndominium, adding a pool or guesthouse, creating an entertainment retreat, or holding as a long-term investment opportunity. Situated on a private peninsula on the highly sought-after south end of Lake Lanier, the property offers convenient access to marinas, waterfront dining, shopping, and is within easy reach of Atlanta and Hartsfield-Jackson Atlanta International Airport. A planned paved private lane will further enhance accessibility. This is not just a lake home-it is a legacy property with income potential, expansion opportunities, and truly irreplaceable features. Three lots, three 32x32 docks, and grandfathered shoreline structures combine to create a one-of-a-kind Lake Lanier offering that simply cannot be duplicated. Read Less

Listing courtesy of Sheila Davis Group [email protected]

Listing Snapshot

Days Online

Last Updated

Apr 8, 2026

Property Type

Single Family Residence

Beds

Full Baths

Square Ft.

3,632

Lot Size

1.91 Acres

Year Built

2016

MLS Number

10727708

30 Days Snapshot Of 30542

$469k

-11%

(avg) sold price

+19%

homes sold

-15%

(avg) days on market

Snapshot

Area Map

Additional Details

Appliances & Equipment

Dishwasher, Dryer, Oven/Range (Combo), Stainless Steel Appliance(s), Washer

Basement

Bath/Stubbed, Boat Door, Daylight, Exterior Entry, Full, Interior Entry, Unfinished

Building

3,632 finished sqft above grade, 2,142 unfinished sqft below grade, 3,632 total finished sqft, Built in 2016, Craftsman, Two, House

Community

None

Cooling

Ceiling Fan(s), Central Air

Dining Room

Separate Room

Exterior Features

Garden, Gas Grill, Deck, Porch, Screened

Fence

Wood

Fireplaces

One fireplace, Wood Burning Stove

Floors

Hardwood, Laminate

Foundation

Slab

Water Features

Water body: Lanier, 520 waterfront footage, Lake

Heating

Central, Forced Air, Propane

Home Owner's Association

None

Interior Features

Beamed Ceilings, Double Vanity, Master On Main Level, Pulldown Attic Stairs, Separate Shower, Soaking Tub

Kitchen

Breakfast Room, Kitchen Island, Pantry

Lot

Land Lot: 89, Leased Land: No, 1.91 acres, Level, Private, Zero Lot Line

Parking

Garage, Garage Door Opener, Guest, Kitchen Level

Property

3 dock slips, Lakefront, Boat House, Outbuilding, Outdoor Kitchen, Second Residence, Resale, Single Family Residence, Lake

Roof

Composition, Metal

Security Features

Carbon Monoxide Detector(s)

Sewer

Septic Tank

Taxes

Annual Amount: $7,981, Year: 24

Utilities

Cable Available, Electricity Available, High Speed Internet, Phone Available, Underground Utilities, Water Available, Public

Windows

Double Pane Windows

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5046 McKinzey Lane

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