5 months on rocket

Sale Pending

1050 Park Shore Dr, Cumming, GA, 30041

$850,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
4 Full Baths, 1 Partial
4,087 SqFt
$208/SqFt
House

Location

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1050 Park Shore Dr, Cumming$850,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached, Basement, Garage, Garage Door Opener, Kitchen Level, Side/Rear Entrance
Attached GarageYes
Year Built1996
HeatingForced Air, Natural Gas, Zoned
CoolingCeiling Fan(s), Central Air, Electric, Zoned
BasementYes
WaterfrontLake Front, Lake Privileges
FireplaceFactory Built, Family Room, Gas Starter
ViewLake
MLS #10355731
Lot Size0.69 Acres
StatusSale Pending
(Under Contract)

About 1050 Park Shore Dr

Welcome to this stunning, custom-built luxury home in the elite Park Shore neighborhood of Cumming, offering Lake Lanier views and direct lake access. Situated on a quiet end of the street, cul-de-sac lot, close to the community amenities. This exceptional property features an inviting front porch, a circular driveway, and 5-car side entry garages, luxury living at its finest. Located in the Prime South Forsyth area, on the south end of Lake Lanier. This home is part of the prestigious Park Shore community, which offers a community boat dock, covered picnic pavilion, Saltwater swimming pool, tennis, playground, clubhouse. Conveniently located to everything! Next to Mary Alice Park with white sandy beach, boat ramps, picnic areas; very close to market place shopping & restaurants, and the new CUMMING CITY CENTER featuring a new AMPHITHEATER with concerts by local artists; Nearby developments like Westshore, Halcyon and Vickery Village; Easy access to GA-400, Costco 5 minute away! Close to Bald Ridge & Habersham Marinas, Northside Hospital, and award-winning schools! This home features an open floor plan with grand 2 story foyer entrance area, 2-story family room with 18 feet high ceiling, open dining room, a master suite on the main level with the sitting area and the vaulted ceiling, master bathroom with the double vanity, walk in California closet. Guest secondary bedroom and full bath, laundry room on the main. Enjoy the gourmet kitchen with the hardwood floors, kitchen bar and the breakfast area is open to a private side entry courtyard to enjoy your morning coffee and the picturesque views of the backyard. Upstairs you will find 3 additional bedrooms and 2 full baths. Huge partially finished basement (2725 sq. ft.) with a separate entrance that can be finished with endless possibilities is offering enough room for a beautiful in-law suite, with a kitchen, home movie theater, 2 bedrooms and 2 bathrooms, flex, game or workout room, a game room with pool table, or a man cave. Additionally, in the terrace level basement, there is a storage space/workshop with 2 insulated garage doors that open to the side/backyard for your lawn mower, boat, etc. The owner has had plans done for the basement and we have included the poster pictures of how the basement would look like after it is finished. There are 3 HVAC units at the property. Beautifully landscaped lawn with massive curb appeal! Large partially fenced backyard with a back deck overlooking a beautiful backyard and screened patio underneath for outdoor entertaining. Potential for the future owner to use a portable dock as the property has direct access to the lake. Lease Purchase option is available. Public sewer is available in the neighborhood. Property can be connected to public sewer, seller has the quote of $7,000 to connect, seller never had a problem with the current septic tank. Don't miss your chance to own this exceptional dream lake home. New and newly renovated homes in the Park Shore neighborhood are currently selling for $281 per square foot. The home located at 1050 Parkshore Drive, offers a total of 6,812 square feet (4,087 square feet of finished space and a 2,725-square-foot unfinished basement). While making interior upgrades is relatively simple, adding square footage is much more challenging-and this home already has the sq footage. At the going neighborhood rate, this home in pristine condition could be valued at approximately $1,900,000 based on its size. Priced at just $850,000, completing upgrades and finishing off the basement could unlock significant equity, making it an excellent investment opportunity. Schedule a viewing today and make this luxurious lakefront property yours! ***OpenHouse on Saturday, November 23rd from 2:00 - 4:00 pm***

Property Details

Property Features

Property Information:

  • Architectural Style: Cape Cod, Traditional
  • Year Built: 1996
  • Living Area: 4,087 SqFt

Listing Office:

  • Office Name: eXp Realty
  • Listing Agent: Julia De Sosa-Rocha

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Double Oven, Gas Water Heater
  • Basement: Yes
  • Flooring Type: Carpet, Hardwood, Tile
  • Interior: Bookcases, Central Vacuum, Double Vanity, High Ceilings, Master On Main Level, Separate Shower, Split Bedroom Plan, Tile Bath, Tray Ceiling(s), Vaulted Ceiling(s), Walk-In Closet(s)
  • Fireplace: Factory Built, Family Room, Gas Starter

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 4
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Waterfront: Lake Front, Lake Privileges
  • View: Lake
  • Exterior: Balcony, Garden

Parking Information:

  • Attached Garage: Yes
  • Parking: Attached, Basement, Garage, Garage Door Opener, Kitchen Level, Side/Rear Entrance

Lot Features

Lot Information:

  • Lot: Cul-De-Sac, Private
  • Lot Size: 0.69 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas, Zoned
  • Cooling: Ceiling Fan(s), Central Air, Electric, Zoned

Other

Directions Information:

  • Directions: 400N to exit 15, Bald Ridge Marina - turn right. Then first right onto Turner Road. Then first right onto Market Place BLVD. Go .8 miles to Mary Alice Park Rd on left, then first left onto Lake Breeze, then right onto Park Shore. 1050 Park Shore on left

Price Information

Listing Price Info

Price Summary:

  • List Price: $850,000
  • Price Per SqFt: $208/SqFt

Tax Information:

  • Annual Amount: $930
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Cumming, GA.

Med. Sold Price

$587K

Med. Price/SqFt

$219

Avg. Days On Market

45

# of Sold Homes

194

1050 Park Shore Dr vs Cumming

159 DAYS ON ROCKET

+114 Days

$850,000

+$262.9K More

$208/SqFt

-$11 Less

KEY TAKEAWAY

This property is $262.9K more than the Median Sold Price and $11/SqFt less than other homes in Cumming, GA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Georgia MLS 2
  • MLS Number: #10355731

Listing Office:

  • Office Name: eXp Realty
  • Listing Agent: Julia De Sosa-Rocha

IDX Based on information from the Georgia MLS © 2025.

All information provided is deemed reliable but is not guaranteed and should be independently verified. GAMLS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser GAMLS and this broker assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.

DMCA Notice
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/15/2025, 2:20:58 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$930$169,060
2018$4,015$145,220
2017$916$126,692

History based on county public records data.

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$4,310

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,615

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-2531815
6
/10
  • Cumming Elementary School

  • 540 Dahlonega St

  • 2.04 miles

  • Public District Grades KG-5

school-card-donut-2531816
7
/10
  • Mashburn Elementary School

  • 3777 Samples Rd

  • 2.05 miles

  • Public District Grades KG-5

school-card-donut-2531817
8
/10
  • Haw Creek Elementary School

  • 2555 Echols Rd

  • 2.49 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $49,821. The most common annual income of people living in Cumming, GA is between $35k-100k. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1050 Park Shore Dr

What is the listing price of this property?

The listing price of 1050 Park Shore Dr property is $850,000.

What type of property is this?

The property 1050 Park Shore Dr is a house located in Cumming, Georgia, 30041.

Is this property for sale now?

Sale Pending: 1050 Park Shore Dr is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $930 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1050 Park Shore Dr has 5 bedrooms and 4 full and 1 half bathrooms.

What is the square footage of this property?

The property 1050 Park Shore Dr is 4,087 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1050 Park Shore Dr is 1996.

Rocket HomesGeorgiaForsyth CountyCumming300411050 Park Shore Dr

This home is located at 1050 Park Shore Dr in Cumming, GA and zip code 30041. This 4,087 square foot home, which was built in 1996, sits on a 0.69 acre lot. Features: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since August 08, 2024 and is currently priced at $850,000.

Over 20 listings were sold over their listed price in December 2024 in Cumming, GA. In the same period over 132 listings were sold below the listed price and 33 listings were sold for the listed price. In December 2024 in Cumming, GA there were 4.6% less homes for sale than in November 2024. Listings spent 45 days on the market in December 2024, and had a median list price of $587,039 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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