Waterfront Residential Development
For Sale
$850,000
5602 Burke Lane, Gainesville, GA 30506
Two combined lakefront lots totaling 2.14 acres include an existing dock and prepared, cleared building-ready terrain.
Property SizeContact for details
Lot Size2.14 Acres
Days on Market48
Property Features for 5602 Burke Lane
General Information
Standard status
Active
Lot size
2.14 Acres
Property subtype
Land or Vacant Lot
Amenities
Level
Open Lot
Private
Listing Agency:
Coldwell Banker Realty
(678) 901-7590
Listed By:
Eugene Winchester · License #360340
Source:
Corcoran
Added: Jul 15
Changed: Aug 16
Last Checked: Aug 30 at 7:44PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Realty
Investment Insights
Based on property information with market context.
This offering combines two lakefront residential building sites at Lake Lanier: 5647 Old Wilkie Road (1.32 acres) and 5602 Burke Lane (0.82 acres), creating a 2.14-acre property with an existing dock. Much of the land has already been cleared, and the topography is described as well-suited to a walkout backyard with a pool and daylight terrace level, or a luxury estate constructed on a slab foundation. The layout also supports either a single signature waterfront residence spanning both lots or the development of two separate luxury residences.
The property is positioned on a highly sought-after portion of Lake Lanier and is marketed as offering no HOA and no rental restrictions. The sellers have also commissioned plans for a custom lakefront residence for buyers interested in a turnkey-style design.
For added flexibility, the offering notes an additional pre-sale new construction opportunity, enabling purchase of a fully designed luxury estate without starting from scratch.
The property is positioned on a highly sought-after portion of Lake Lanier and is marketed as offering no HOA and no rental restrictions. The sellers have also commissioned plans for a custom lakefront residence for buyers interested in a turnkey-style design.
For added flexibility, the offering notes an additional pre-sale new construction opportunity, enabling purchase of a fully designed luxury estate without starting from scratch.
Key Highlights
- Two combined lakefront lots total 2.14 acres (5647 Old Wilkie Rd: 1.32 acres; 5602 Burke Ln: 0.82 acres).
- Existing dock on the property.
- Land is cleared and prepared, with building‑ready terrain for development.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
19
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Waterfront Land - Two combined lakefront lots totaling 2.14 acres include an existing dock and prepared, cleared building-ready terrain.
Where is this waterfront land located?
The property is located at 5602 Burke Lane Gainesville, GA.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Two combined lakefront lots total 2.14 acres (5647 Old Wilkie Rd: 1.32 acres; 5602 Burke Ln: 0.82 acres).; Existing dock on the property.; Land is cleared and prepared, with building‑ready terrain for development.
