5188 Watchmans Cove, Gainesville, GA – Turn-Key 55+ Lake Access Retreat with Finished Terrace and Spa

5188 Watchmans Cove, Gainesville, GA – Turn-Key 55+ Lake Access Retreat with Finished Terrace and Spa

published on May 05, 2026 by Petra Bauer
5188 Watchmans Cove Gainesville GAThis striking, HGTV-inspired residence in Stephens Point pairs modern craftsmanship with easy-care living just steps from Lake Lanier. Built in 2022 and offered at $729,000 (MLS 10756121), 5188 Watchmans Cove, Gainesville, GA delivers 4,264 square feet of thoughtfully arranged space, including four bedrooms, three full bathrooms and zero half baths, on a low-maintenance 0.16-acre lot inside a gated 55+ active-adult neighborhood.

Arrive via the covered rocking-chair front porch and step into an open foyer finished in luxury plank flooring that flows through the principal rooms. The main level favors single-floor convenience with bright sightlines from the dining area into the chef-caliber kitchen and family room. The kitchen is a showpiece for entertaining: pristine white cabinetry, a subway-tile backsplash, upgraded stainless appliances including a convection oven and gas cooktop, and a dramatic granite island that stretches more than nine feet—ample workspace and a natural gathering point for guests.

Natural light fills the family room, where a trey ceiling and a gas fireplace create a comfortable yet elegant setting for everyday life. Nearby, a generously proportioned dining area can host holiday gatherings or be repurposed to suit changing needs. The main-floor plan also includes multiple guest bedrooms and a full, well-updated bathroom with tiled floors and granite-topped vanity, making short-term stays or long-term visits effortless.

The primary owners suite is a private retreat. The bedroom offers space for a seating area and opens to a private outdoor balcony. The en suite bath features his and her granite vanities, a huge walk-in tiled shower and direct access to a large walk-in closet that connects conveniently to the laundry room—an intentional layout for daily ease and organization.

What sets this home apart is the fully finished terrace level that functions as a versatile walk-out lower level. An expansive second family room provides additional living space finished in matching luxury plank flooring. Adjacent zones include a game area, a sophisticated wet bar equipped with a beverage refrigerator, ice maker and large wine cooler, plus a guest bedroom and a full bath with custom-tiled shower. The lower level also houses a dedicated home gym and a spacious home office with a generous walk-in closet for storage or hobby gear—ideal for remote work, fitness, or hobbyists who need flexible floorplan options.

Outdoor spaces are designed for low-maintenance enjoyment and privacy. The fenced backyard features a covered back deck, an open paver patio and a luxury spa set against a wooded backdrop—perfect for quiet mornings or casual entertaining. Mature trees create a serene buffer while community amenities expand lifestyle options beyond the yard: a lakeside clubhouse with sweeping views of Lake Lanier, a large community pool, lighted pickleball and tennis courts, and a private 14-slip courtesy dock on deep water, all managed by the Stephens Point community of 174 homes.

Practical details that matter to buyers are all in place: annual taxes of $4,920, inclusion in Hall County schools with West Hall High School, West Hall Middle School and Everwood Elementary School listed for neighborhood assignments, and easy access to I-985, downtown Flowery Branch and Gainesville. Outdoor recreation in the North Georgia mountains, wineries and scenic drives are a short distance away, giving residents a full palette of cultural and natural attractions.

This property is a strong fit for buyers seeking turn-key lake access living with elevated finishes and a truly usable secondary living level. Whether you prioritize one-level convenience, an entertainer's footprint with a wet bar and wine storage, or a private backyard oasis with spa, 5188 Watchmans Cove offers a lifestyle-oriented package in a sought-after 55+ community.

For more information or to schedule a private showing contact Petra Bauer at 630-484-8409. You can also learn more about local Gainesville GA homes for sale by visiting www.petrahomesforsale.com.
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.