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Lake Lanier Dual Home Opportunity
For Sale
$1,199,000

3214 Simpson Park Road, Gainesville, GA 30506

MULTI_FAMILY - Gainesville, GA

Lot Size0.58 Acres
Days on Market93

Property Features for 3214 Simpson Park Road

General Information

Property type Residential Multi Family
Property subtype Other
Parking features Garage, Driveway
Window features Insulated Windows, Double Pane Windows
Subdivision Simpson Park
Lot features Rectangular Lot
View Water, Lake
Elementary school Sardis
Middle school Chestatee
High school Chestatee
Directions 53 west left on jennings rd
Standard status Active
APN 10086 000039A
Lot size 0.58 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 12133

Utilities

Utilities Cable Available
Sewer type Septic Tank
Heating system Central
Cooling system Ceiling Fan(s), Central Air
Water source Public
Water front features Lake Front, Waterfront
Water front 1

Building Details

Year built 2019
Floors in Building 2
Building materials Frame, Vinyl Siding
Roof type Composition
Listing Agency: Keller Williams Realty Peachtree Rd.
Listed By: Tony Benson · License #364391
Added: Apr 29 Changed: May 13 Last Checked: Jul 30 at 4:06PM
MLS# 7761615

Copyright © 2026 First Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This property features two homes on Lake Lanier, offering flexibility and income potential. The property includes two homes situated on a nearly flat lot with 285 feet of shoreline in a quiet deep-water cove. The main residence is a ranch-style lakehouse with 3 bedrooms and 2 bathrooms, featuring an open layout and lake views. Upper and lower decks provide space for entertaining and relaxation. Above the detached two-car garage is a fully equipped 1 bedroom, 1 bathroom studio apartment with a full kitchen, walk-in closet, new HVAC system, and a private wrap-around deck overlooking the water. This space is suitable for guests, extended family, or as a separate rental unit. The property is move-in or rental ready, with most furnishings and decor included. Located in Hall County, where short-term rentals are permitted, the property offers options to live in one home and rent the other, lease both for income, or create a private family compound. The property has a track record as a vacation rental. The lot offers access to the water with a gentle slope. The property features a single-slip dock with an attached jet ski port, and approval has been secured for a potential dual-slip dock. The location provides peaceful surroundings while remaining close to marinas, restaurants, and attractions. The property has lake views from all rooms and decks and a deep water dock even when lake levels are low. The lot size is 0.58 acres.

Key Highlights

  • Rare, nearly flat lakefront lot with 285 feet of shoreline on Lake Lanier offering easy water access and deep‑water cove.
  • Two homes on one property: a 3‑bedroom main house and a separate 1‑bedroom studio apartment above the garage.
  • Rental income potential in Hall County where short‑term rentals are permitted, with a proven track record as a successful vacation rental.

Property Analytics

Current Use

Short term rental ...

Suggested Use

Top Pick Dental Office Building Supply Restaurant Electrical Service Pharmacy Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

33
Businesses Nearby

Demographics for 30506, GA

45,215
Population
18,876
Households
2.4
Avg Household Size
43
Median Age
38%
College-Educated
91%
High-School Grad
100.5 sq mi
ZIP Area
450
Density / Sq Mi
$95,224
Median Household Income
$44,824
Median Earnings
$1,323
Median Rent
$363,100
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Short term rental property - Lakefront homes with rental potential on Lake Lanier.
Where is this short term rental property located?
The property is located at 3214 Simpson Park Road Gainesville, GA.
What is the asking price?
The asking price for this property is $1,199,000.
What are key features of this property?
This property features: Rare, nearly flat lakefront lot with **285 feet of shoreline on Lake Lanier** offering easy water access and deep‑water cove.; Two homes on one property: a 3‑bedroom main house and a separate 1‑bedroom studio apartment above the garage.; Rental income potential in Hall County where short‑term rentals are permitted, with a proven track record as a successful vacation rental.
More about this property
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