2451 NW Old Thompson Bridge Road, Gainesville, GA 30501
Hidden Cove · Hall County
Key Facts
Description
Exceptional income-producing investment opportunity in the Lake Lanier corridor of Gainesville, GA. This offering includes four fully completed, 100% occupied Class A condominium units built in 2023, providing immediate cash flow with modern, low-maintenance construction. Each unit features approximately 1,440 square feet with 3 bedrooms and 3.5 bathrooms. Current gross rental income is approximately $90,600 annually based on the existing rent roll. The property offers lake views from the condominium units and is within walking distance of Holly Park and minutes from Lake Lanier, shopping, dining, medical facilities, and major employment centers, making it an attractive long-term investment in one of North Georgia's fastest-growing markets. An additional opportunity is available to purchase five slab-ready condominium sites separately or in combination with the completed units. The development portion includes existing basement slabs, utilities in place, previously issued permits, and civil engineering plans, providing the potential to expand the existing rental portfolio. The four completed condominium units, the five slab-ready condominium sites, or the entire package may be purchased together or separately. Updated leases, rent roll, financial information, permits, and development documentation are available upon request.
Property Information
Property Type
Residential Income
Year Built
2024
Stories
3
Lot Size
0.01 acres
Lot Dimensions
0x0x0
Parking Spaces
9
Days on Market
122
MLS® Listing#
7738614
Property Features
Exterior
Cooling
Heating
Flooring
Parking
Fencing
Lot Features
Construction
Roof
Windows
Community
Utilities
Sewer
Water Source
Schools
- Elementary:
- Enota Multiple Intelligences Academy
- Middle:
- Gainesville East
- High:
- Gainesville
Financial Details
HOA
None
Annual Taxes
$3,866
Tax year 2025
Parcel Number
01097A000026
Directions
From Downtown Gainesville, take Jesse Jewell Pkwy NW to Thompson Bridge Rd. Turn right onto Thompson Bridge Rd and continue approximately 2.5 miles. Turn left onto Old Thompson Bridge Rd NW. Properties are located at 2451, 2447, 2443, and 2539 NW Old Thompson Bridge Rd.
Affordability Calculator
$360,000
Estimated monthly payment
$9,580/mo
Principal $1,439,999 · Est. interest $2,008,927 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Gainesville, GA
- $524,939
- Median Listing Price
- 59
- Median Days on Market
- 2,444
- Median Sq Ft
- $216
- Median Price / Sq Ft
- 1,433
- Active Listings
- This home’s price is 243% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Gainesville, GA.
Location
Points of Interest in Gainesville, GA
Showing the Gainesville area map.
Nearby Schools
Primrose Schools
Elementary · 0.4 mi away
Gfumc Preschool
School · 0.8 mi away
Riverside Military Academy
School · 0.9 mi away
North Georgia Christian School
School · 1.3 mi away
Enota Multiple Intelligences Academy
School · 1.6 mi away
Enota Elementary School
Elementary · 1.6 mi away
Riverbend Elementary School
Elementary · 2.0 mi away
First Baptist Church
School · 2.1 mi away
Chicopee Woods Elementary School
Elementary · 2.2 mi away
Hall Mountain Education
School · 2.3 mi away
Gainesville High School
Secondary · 2.4 mi away
Good Shepherd Lutheran Church
Elementary · 2.5 mi away
Gainesville High School
Secondary · 2.5 mi away
Lakeview Academy
School · 2.5 mi away
Chestatee High School
Secondary · 2.8 mi away
Sardis Elementary School
Elementary · 2.8 mi away
Gainesville Middle School
Secondary · 2.8 mi away
Chestatee Middle School
Secondary · 2.9 mi away
Fair Street International Academy
School · 3.1 mi away
Fair Street School
School · 3.1 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 2285 Jesse Jewell Parkway NE, Gainesville, GA | $1,275,000 | — | — | — |
| 2285 Jesse Jewell PKWY, Gainesville, GA | $1,275,000 | — | — | — |
| 8345 Beryl Overlook, Gainesville, GA | $1,275,900 | 4 | 4 | 3,057 |
| 8345 Beryl Overlook OVLK, Gainesville, GA | $1,275,900 | 4 | — | 3,057 |
| 3471 Clarks Bridge Tract 3 RD, Gainesville, GA | $1,290,000 | 4 | — | 3,359 |
| 3471 Clarks Bridge Tract 3, Gainesville, GA | $1,290,000 | 4 | 5 | 3,359 |
Moving Cost Estimate
EXIT Agents in Gainesville
Listing Courtesy: EXP Realty, LLC. - 888-959-9461
Last Updated: 2026-03-20