5188 Watchmans Cove, Gainesville, GA – Elegant 55+ Home with Expansive Island Kitchen and Finished Terrace Level

5188 Watchmans Cove, Gainesville, GA – Elegant 55+ Home with Expansive Island Kitchen and Finished Terrace Level

published on May 05, 2026 by The Rains Team
5188 Watchmans Cove Gainesville GAA rare, move-in ready residence in Stephens Point offers the kind of maintenance-free, amenity-rich living that many active adults seek near Lake Lanier. Priced at $729,000 (MLS 10756121), this 2022-built home provides 4,264 square feet of thoughtfully arranged space on a .16-acre lot in Hall County, with four bedrooms, three full bathrooms and 0 half baths. The gated 55+ community combines privacy with easy access to waterfront recreation and robust social opportunities.

Step inside to a bright open foyer laid in durable luxury plank flooring that leads to formal and casual living zones designed for everyday comfort and larger gatherings. The family room showcases a trey ceiling and a gas fireplace and opens to a show-stopping gourmet kitchen. Cooks will appreciate pristine white cabinetry, generous granite counters, a subway-tile backsplash and an island that stretches more than nine feet—perfect for prep work, casual meals and entertaining. Upgraded stainless appliances include a convection oven and a gas cooktop, and a light-filled dining area completes the main living hub.

The main-floor primary suite is a private retreat with room for a separate sitting area and direct access to a balcony that overlooks treetops. The en suite bath is appointed with his and her granite-topped vanities and a large walk-in tiled shower, while the roomy walk-in closet connects conveniently to the laundry room for added daily convenience. Three additional guest bedrooms on the main level share an upgraded full bath with tiled floors and granite vanity surfaces.

A standout feature of this property is the fully finished luxury terrace level, which expands living options beyond the main floor. Downstairs you will find an open second family room, a game area, a wet bar equipped with a beverage refrigerator, ice maker and large wine cooler, plus a dedicated home gym. The terrace level also includes a guest bedroom, a full bath with custom tile and a sizeable home office with its own walk-in closet—ideal for hobbies, storage or remote work. This finished lower level functions as the practical and polished equivalent of a basement for entertaining and multigenerational visits.

Outdoor living is equally well considered. The covered rocking-chair front porch sets a welcoming tone, while the private fenced rear yard becomes an entertainer's oasis with a covered deck, paver patio and a luxury spa framed by a wooded backdrop. The yard offers low-maintenance landscaping alongside multiple outdoor rooms that flow from the interior to the outdoors.

Living in Stephens Point carries lifestyle advantages beyond the private lot. The community features a clubhouse with lake views, a large community pool, lighted pickleball and tennis courts and a private 14-slip courtesy dock on deep water at Lake Lanier. Stephens Point is an active enclave of 174 homes with clubs and events that make social connection effortless. Location-wise, the home is minutes from historic downtown Flowery Branch and Gainesville, with quick access to I-985 and a reasonable drive to the North Georgia mountains for weekend adventures.
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.