5408 Waterwood Drive

Gainesville, GA, 30506

$199,900

3 Beds

2 Baths

0 SqFt

0.1 Acres

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Investment opportunity or lakeside retreat in Leisure Lake Village! This 3 bed / 2 bath manufactured home features a tenant in place, providing steady income. Community perks: pool, tennis, playground, clubhouse, and Lake Lanier dock access. Ideal for income or personal use in this welcoming lakeside subdivision!

Property Details

Price:

$199,900

MLS #:

7714406

Status:

Active

Beds:

Baths:

Type:

Single Family

Subtype:

Single Family Residence

Subdivision:

Leisure Lake Village

Listed Date:

Feb 4, 2026

Year Built:

1984

MobilePoolLeisure Lake VillageLanierChestateeChestateeNoneLake

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Schools

Elementary School:

Lanier

Middle School:

Chestatee

High School:

Chestatee

Interior

Appliances

Electric Range, Electric Water Heater

Bathrooms

2 Full Bathrooms

Cooling

Central Air

Flooring

Laminate

Heating

Central

Laundry Features

Mud Room

Exterior

Architectural Style

Mobile

Community Features

Homeowners Assoc, Lake, Playground, Pool

Construction Materials

Vinyl Siding

Exterior Features

None

Other Structures

None

Parking Features

Driveway

Parking Spots

Roof

Composition

Security Features

Smoke Detector(s)

Financial

HOA Fee

$720

HOA Frequency

Annually

HOA Includes

Water

Tax Year

2024

Taxes

$62

Map

Community

Address5408 Waterwood Drive Gainesville GA
SubdivisionLeisure Lake Village
CityGainesville
CountyHall – GA
Zip Code30506

Subdivisions in Gainesville

Market Summary

Current real estate data for Single Family in Gainesville as of Feb 05, 2026

554

Single Family Listed

Avg DOM

384

Avg $ / SqFt

$701,452

Avg List Price

Property Summary

Located in the Leisure Lake Village subdivision, 5408 Waterwood Drive Gainesville GA is a Single Family for sale in Gainesville, GA, 30506. It is listed for $199,900 and features 3 beds, 2 baths, and has approximately 0 square feet of living space, and was originally constructed in 1984. The average price per square foot for Single Family listings in Gainesville is $384. The average listing price for Single Family in Gainesville is $701,452.

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Courtesy of Keller Williams Lanier Partners. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Atlanta, GA MLS. Detailed information about real estate listings held by brokerage firms other than Area Realty include the name of the listing broker. Neither the listing company nor Area Realty shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. Atlanta, GA. All rights reserved.

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5408 Waterwood Drive

Gainesville, GA

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City	Num Sold Listings	Num Active Listings	Avg Listing Price	Avg Selling Price	Selling % of Asking	Avg Price Reduction	Avg Days on Market	Avg Price per SqFt
Acworth	1,474	145	$403,324	$396,506	98.2%	-0.2%	77	$65
Adairsville	183	52	$317,972	$311,572	98.1%	2.3%	77	$56
Albany	11	16	$102,961	$100,888	94.1%	2.9%	117	$27
Alpharetta	2,297	269	$736,042	$703,126	97.4%	2.1%	81	$79
Alto	27	10	$349,548	$343,772	97.7%	1.4%	66	$80
Americus	1	0	$185,000	$150,000	81.1%	5.1%	-35	$108
Aragon	43	13	$253,748	$243,237	94.1%	4.7%	96	$62
Armuchee	15	9	$382,563	$356,069	95.1%	5.4%	78	$47
Arnoldsville	4	0	$312,167	$303,833	95.4%	0.6%	71	$31
Ashburn	1	1	$250,000	$253,000	99.9%	0.0%	38	$0
Athens	208	42	$424,950	$402,787	95.8%	2.3%	92	$73
Atlanta	12,599	1,422	$380,018	$370,422	98.0%	-1.3%	77	$68
Auburn	354	93	$334,699	$328,971	98.7%	-5.1%	83	$56
Augusta	14	10	$162,658	$157,070	95.2%	5.3%	89	$22
Austell	459	157	$262,051	$258,698	97.3%	1.9%	71	$43
Avondale Estates	106	21	$486,696	$480,675	99.1%	2.6%	59	$89
Bainbridge	2	3	$71,000	$70,000	74.0%	0.0%	55	$16
Baldwin	14	7	$217,454	$202,654	92.4%	1.7%	82	$0
Ball Ground	326	73	$534,012	$517,975	97.2%	-3.7%	92	$82
Barnesville	14	17	$322,495	$310,464	95.5%	1.7%	64	$42
Berkeley Lake	25	5	$766,831	$753,730	98.1%	3.5%	66	$79
Bethlehem	275	33	$383,449	$375,306	97.8%	2.1%	77	$52
Big Canoe	130	52	$548,755	$525,227	93.5%	5.5%	170	$94
Bishop	11	7	$668,179	$656,827	97.6%	0.3%	100	$94
Blairsville	61	42	$443,530	$413,687	93.4%	5.0%	118	$52
Blakely	1	3	$189,900	$159,900	84.2%	-26.6%	56	$0
Bloomingdale	1	1	$445,000	$435,000	97.8%	5.1%	104	$0
Blue Ridge	127	54	$678,344	$646,874	94.5%	6.6%	144	$106
Bogart	41	8	$543,707	$536,562	98.3%	1.2%	133	$66
Bonaire	51	12	$332,080	$329,264	99.2%	1.2%	131	$47
Bowdon	44	31	$328,365	$325,145	98.0%	3.3%	95	$65
Bowersville	1	2	$229,900	$205,000	89.2%	0.0%	91	$128
Bowman	4	4	$156,850	$146,750	91.8%	6.0%	92	$21
Braselton	494	49	$490,266	$476,032	98.3%	2.3%	82	$56
Bremen	141	73	$330,894	$321,562	96.2%	1.9%	85	$43
Brookhaven	523	111	$558,480	$546,751	98.2%	2.1%	67	$110
Brooks	12	3	$847,980	$799,900	95.5%	3.6%	123	$48
Brunswick	2	4	$80,000	$72,500	94.0%	0.0%	23	$0
Buchanan	70	24	$281,156	$276,500	97.8%	0.8%	85	$57
Buckhead	25	17	$500,574	$445,244	94.1%	5.5%	186	$83