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$175,000

  • For Sale
  • Active
  • Lots/Land
  • 2 Beds
  • 1 Full Bath
  • 0.09 Acres
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DEEPWATER LOT ON LAKE LANIER WITH COVERED DOUBLE-SLIP PARTY DOCK! Discover the perfect lakeside getaway in Leisure Lake Village, a welcoming mobile home community on the beautiful northwest side of Lake Lanier. This property can accommodate a single-wide mobile home and offers an incredible opportunity to own deepwater lakefront property with your own covered, double-slip party dock! Enjoy all the neighborhood amenities, including a clubhouse, community pool, volleyball court, and plenty of open space for gatherings and outdoor fun. Whether you're looking for a weekend retreat or a full-time lakeside residence, this property delivers the best of both worlds. An existing older single-wide mobile home is currently on the lot - ideal for use as a permanent home, guest space, or convenient storage for your lake toys and gear. Don't miss this rare chance to own your own slice of Lake Lanier paradise!

Full Property Details for 5557 Waterwood Dr

General

  • Price: $175,000
  • HOA FEE: $60/month
  • Taxes: $241 (2024)
  • Status: Active
  • Type: Lots/Land
  • Source: FMLS_Atlanta
  • MLS ID: 7666346
  • Updated: 11/6/2025
  • Added to Site: 96 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Floor Baths: 1
  • Primary Bathroom: None

Bedrooms

  • Total Bedrooms: 2
  • Bedrooms Main: 2
  • Bedroom Features: Master on Main

Additional Information

  • Amenities: Clubhouse, Homeowners Assoc, Lake, Playground, Pool, Other
  • Shared Pool: Yes
  • Security/Safety: None
  • Equipment: None

Exterior

  • Porch/Patio/Deck: Screened

Location

  • County: Hall
  • Subdivision: Leisure Lake Village
  • Driving Directions: Use GPS

School Information

  • Elementary School: Lanier
  • Middle School: Chestatee
  • High School: Chestatee

Community

  • Association: Yes

Utilities

  • Utility Description: Cable Available, Natural Gas Available, Underground Utilities, Water Available

Structural Information

  • Architectural Style: Mobile
  • Detached/Attached: Detached
  • Stories/Levels: One
  • Current Bldg. Use: Manufactured Home
  • Year Built: 1968
  • Property Condition: Fixer

Additional Structures

  • Other Structures: None

Lot Features

  • Property View: Lake
  • Lot Size (Acres): 0.09
  • Lot Size Source: Public Records
  • Lot Dimensions: 99 x 40
  • Frontage: Other
  • Street/Road Desc.: Asphalt
  • Lot Features: Lake On Lot, Level
  • Trees/Vegetation: Partially Wooded
  • Zoning: R
  • Fencing (Description): None

Water Features

  • Docks: Covered/2 Slips, Deepwater Access, Dock, Party Deck

Financial Considerations

  • Price Per Acre: $1,944,444.44
  • Association Fee: $60
  • Assoc Fee Freq.: Monthly
  • Tax Amount: $241
  • Tax Year: 2024

Disclosures and Reports

  • Restrictions: Deed Restrictions
  • Property ID: 11131A001310
  • Lot Number: 11

Listed by Atlanta Communities

FMLS - Atlanta logo

Listings identified with the FMLS IDX logo come from FMLS, are held by brokerage firms other than the owner of this website and the listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work, please click here to review our DMCA policy and learn how to submit a takedown request. © 2026 First Multiple Listing Service, Inc. Last Updated Jan 18 2026 3:54PM

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— 5557 Waterwood Dr —

  • Atlanta Communities

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 5557 Waterwood Dr

School District:Hall County School District
NameGradesDistance
Lanier Elementary School
4782 Thompson Bridge Road, Gainesville, GA 30506
PK-53.4 mi
Chestatee Middle School
2740 Fran Mar Drive, Gainesville, GA 30506
6-85.7 mi
Chestatee High School
3005 Sardis Road, Gainesville, GA 30506
9-125.6 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 5557 Waterwood Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
11/06/2025
Price Reduced
$175,000
-12.5%
MLS
10/15/2025
Listed
$200,000
135.29%
MLS
5/04/2022
Sold
$85,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 5557 Waterwood Dr

Year
Property Taxes
Change
Tax Assessment
Change
2025
$276
10%
$11,600
15%
2024
$250
-4%
$10,120
—
2023
$260
-5%
$10,120
—
2022
$275
4%
$10,120
—
2021
$265
-3%
$10,120
—
2020
$273
-1%
$10,120
—
2019
$276
1%
$10,120
5%
2018
$272
1%
$9,680
—
2017
$270
3%
$9,680
—
2016
$263
—
$9,680
—
2015
$264
—
$9,680
—
2014
$265
17%
$9,680
20%
2013
$226
—
$8,069
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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FMLS - Atlanta logo

Listings identified with the FMLS IDX logo come from FMLS, are held by brokerage firms other than the owner of this website and the listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work, please click here to review our DMCA policy and learn how to submit a takedown request. © 2026 First Multiple Listing Service, Inc. Last Updated Jan 18 2026 3:54PM

5557 Waterwood Drive, Gainesville, GA 30506 (MLS# 7666346) is a Lots/Land property with a lot size of 0.09 acres. 5557 Waterwood Drive is currently listed for $175,000 and was received on October 15, 2025. Want to learn more about 5557 Waterwood Drive? Do you have questions about finding other Lots/Land real estate for sale in Gainesville? You can browse all Gainesville real estate or contact a Coldwell Banker agent to request more information.

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