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5408 Waterwood Drive; Gainesville, GA 30506

$199,900

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!
Key Facts
  • Style:
  • Year Built: 1984
  • Status: Active
Schools
  • Elementary School: Lanier
  • Middle School: Chestatee
  • High School: Chestatee
Bedrooms
  • Beds Total: 3
Bathrooms
  • Baths Full: 2
  • Baths Half: 0
  • Main Full Baths: 2
  • Master Bath Features: Double Vanity, Separate Tub/Shower

Learn more about this property...

Private & Public Schools Nearby

  • 4 / 5
    Above
    Avg

    Lanier Elementary School

    4782 THOMPSON BRIDGE ROAD; Gainesville, GA 30506
    Public PK-5th  |  483 students
    Metro Atlanta School Rank: 361st
  • 2 / 5
    Below
    Avg

    Chestatee Middle School

    2740 FRAN MAR DRIVE; Gainesville, GA 30506
    Public 6th-8th  |  1,026 students
    Metro Atlanta School Rank: 314th
  • 2 / 5
    Below
    Avg

    Chestatee High School

    3005 SARDIS ROAD; Gainesville, GA 30506
    Public 9th-12th  |  1,378 students
    Metro Atlanta School Rank: 227th

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Listing Provided Courtesy Of: Keller Williams Lanier Partners
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Listing information last updated on May 6, 2026