5188 Watchmans Cove, Gainesville, GA – Lake Lanier Steps Away with Finished Terrace, Spa and Private Balcony

5188 Watchmans Cove, Gainesville, GA – Lake Lanier Steps Away with Finished Terrace, Spa and Private Balcony

published on May 05, 2026 by The Rains Team
5188 Watchmans Cove Gainesville GAThis HGTV-inspired residence in the gated Stephens Point 55+ active adult community places Lake Lanier within easy walking distance while delivering more than 4,200 square feet of carefully planned living space. Priced at $729,000 (MLS# 10756121), the home blends single-level comfort with a fully finished terrace level for guests, hobbies, and entertaining on a 0.16-acre lot.

Inside, hardwood-look luxury plank flooring flows through a light-filled main level that includes four bedrooms and three full bathrooms with zero half baths. The primary suite is a private retreat with room for a sitting area and direct access to a secluded balcony. Its spa-inspired bath features dual vanities with stone counters, a large tiled walk-in shower, and a generous walk-in closet with convenient access to the laundry room.

The gourmet kitchen is a focal point for everyday life and entertaining: pristine white cabinetry, expansive granite counters, a dramatic island stretching more than nine feet, a subway tile backsplash, and upgraded stainless appliances including a convection oven and gas cooktop. The kitchen opens to a family room anchored by a trey ceiling and a gas fireplace that creates a warm, cohesive gathering space.

Below, the finished terrace level functions like a versatile basement with an expansive secondary family room, a dedicated game area, and a professionally equipped wet bar with beverage refrigerator, ice maker, and large wine cooler. That level also includes a guest bedroom, a full bath with custom tile work, a home gym, and a substantial home office with a walk-in closet for extra storage.

Outdoor living is designed for privacy and entertaining. Start your day on the covered rocking-chair front porch, then retire to the fenced backyard oasis that features a covered deck, a paver patio, and a luxury spa set against a wooded backdrop. Stephens Point enhances lakeside living with lighted pickleball and tennis courts, a community pool, clubhouse with Lake Lanier views, and a private 14-slip courtesy dock on deep water. The neighborhood of 174 homes offers an active calendar of clubs and events for residents.

Practical details include a 2022 build date, Hall County taxes of approximately $4,920, and convenient access to I-985, downtown Flowery Branch, and Gainesville amenities. The property sits in the West Hall High School district, with West Hall Middle School and Everwood Elementary serving younger students.

For more information or to schedule a private showing, contact The Rains Team at 404-620-4571 or visit www.hallcountyhomesforsale.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.