5188 Watchmans Cove, Gainesville, GA – One-Level Luxury with Finished Terrace, Spa and Lake Access

5188 Watchmans Cove, Gainesville, GA – One-Level Luxury with Finished Terrace, Spa and Lake Access

published on May 05, 2026 by The Rains Team
5188 Watchmans Cove Gainesville GA5188 Watchmans Cove is a modern, low-maintenance residence built in 2022 inside Stephens Point, a gated 55+ active-adult community steps from the shoreline of Lake Lanier. Offered at $729,000 (MLS 10756121), this 4,264 square-foot home on a 0.16-acre parcel delivers four bedrooms, three full bathrooms and zero half baths, combining single-level convenience with a fully finished walk-out terrace that expands living and entertaining options.

Step through the covered rocking-chair front porch into an open foyer laid in luxury plank flooring that carries through principal rooms. The kitchen is designed for serious cooking and socializing, anchored by a dramatic granite island more than nine feet long, pristine white cabinetry, subway tile backsplash and upgraded stainless appliances including a convection oven and gas cooktop. An adjacent bright dining area and an open family room with a trey ceiling and gas fireplace create seamless sightlines for everyday living and gatherings.

The primary owners suite is a private retreat with space for a sitting area and direct access to a secluded outdoor balcony. The en suite bath is finished with dual granite vanities and a large tiled walk-in shower, while a generously sized walk-in closet connects to the laundry room for added convenience. Main-floor sleeping areas and living spaces make this plan ideal for one-level living without sacrificing room for guests.

The finished terrace level functions like a second living wing rather than a typical basement. Flooring and finishes carry through to an expansive secondary family room, a dedicated home gym, a wet bar outfitted with a beverage refrigerator, ice maker and large wine cooler, a guest bedroom with a full bath, and a sizable home office with its own walk-in closet — perfect for hobbies, remote work, or multigenerational stays.

Outdoor living is arranged for privacy and low upkeep. A covered rear deck flows to an open paver patio and a fenced yard that houses a luxury spa, creating multiple outdoor rooms for morning coffee, alfresco dining, or entertaining beneath mature trees. The gated neighborhood adds resort-style amenities including a clubhouse with lake views, a large community pool, lighted pickleball and tennis courts, and a private 14-slip courtesy dock on deep water.

Located in Hall County and served by West Hall High School (West Hall Middle School and Everwood Elementary nearby), this property gives residents easy access to Historic Flowery Branch, Gainesville dining and shopping, and I-985 for commuting or weekend escapes to the North Georgia mountains. Annual taxes are listed at $4,920.

For details, showings, or to schedule a private tour contact The Rains Team at 404-620-4571 or visit sellyoursterlinghome.com. This home is a rare combination of modern construction, thoughtful design and community lifestyle for buyers seeking Gainesville GA real estate near Lake Lanier.
All information found in this blog post is deemed reliable but not guaranteed. Real estate listing data is provided by the listing agent of the property and is not controlled by the owner or developer of this website. Any information found here should be cross referenced with the multiple listing service, local county and state organizations.