Within walking distance to downtown Gainesville, which was just named the #1 real estate market in the country in an article by Bankrate, is this amazing home which is really two homes in one. The terrace level of this home includes an apartment suite that comes with a two-car carport, separate entrance, two bedrooms, two bathrooms, full kitchen, living room, office and laundry room. One of the bedrooms in this suite is similar in size to the master bedroom suite in the main house. The main house includes a wonderfully open floor plan with an enormous living room, kitchen and dining area separated by a centerpiece fireplace. The Brazilian hardwood floors, quartz countertops and plenty of natural light in these areas really make this home feel great. Completing the main level of the home you have four bedrooms and three bathrooms, two of the four bedrooms are master suites. The main home also includes a terrace level area with a living room, bedroom, bathroom, storage closets and a storage room which opens to the outside; and all of this area is separate from the terrace level apartment. Outside you will find a huge deck off the main level living area with a staircase down to the back yard and pool. The pool is saltwater with a new liner installed approx. two years ago. The pool area has a storage room and half bathroom. The large backyard and pool area is surrounded by trees and landscapes planted decades ago to provide a wonderful boundary and privacy. Also outside, you will find several parking areas including a great parking area for an RV and a separate fenced area for pets. This home is less than a one mile walk to several city parks, tennis courts, frisbee golf course, schools, churches, Lake Lanier and Gainesville's downtown restaurants and shops. And it's less than 1/3 mile walk to Gainesville's downtown trolley system routes and stops. Some great points in closing: double masters on main level; five bed/four bath main house plus two bed/two bath separate house apartment; excellent multi-generational house, great rental opportunity for apartment, no HOA.
Single-familyProperty Type
1976Year Built
0.72 acresLot Size
$150Est. Price/Sq.Ft.
2 garage spacesParking
Listed by Abernathy Cochran Gro• The Norton Agency
Bought with John Phillips• EXP Realty, LLC.
Source:FMLS #7230686
Redfin Estimate
$738,961
$3,961 since sold in August 2023$49K since October
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 1.5% lower than the average sale price ($750K) of 6 comparable homes.
Within walking distance to downtown Gainesville, which was just named the #1 real estate market in the country in an article by Bankrate, is this amazing home which is really two homes in one. The terrace level of this home includes an apartment suite that comes with a two-car carport, separate entrance, two bedrooms, two bathrooms, full kitchen, living room, office and laundry room. One of the bedrooms in this suite is similar in size to the master bedroom suite in the main house. The main house includes a wonderfully open floor plan with an enormous living room, kitchen and dining area separated by a centerpiece fireplace. The Brazilian hardwood floors, quartz countertops and plenty of natural light in these areas really make this home feel great. Completing the main level of the home you have four bedrooms and three bathrooms, two of the four bedrooms are master suites. The main home also includes a terrace level area with a living room, bedroom, bathroom, storage closets and a storage room which opens to the outside; and all of this area is separate from the terrace level apartment. Outside you will find a huge deck off the main level living area with a staircase down to the back yard and pool. The pool is saltwater with a new liner installed approx. two years ago. The pool area has a storage room and half bathroom. The large backyard and pool area is surrounded by trees and landscapes planted decades ago to provide a wonderful boundary and privacy. Also outside, you will find several parking areas including a great parking area for an RV and a separate fenced area for pets. This home is less than a one mile walk to several city parks, tennis courts, frisbee golf course, schools, churches, Lake Lanier and Gainesville's downtown restaurants and shops. And it's less than 1/3 mile walk to Gainesville's downtown trolley system routes and stops. Some great points in closing: double masters on main level; five bed/four bath main house plus two bed/two bath separate house apartment; excellent multi-generational house, great rental opportunity for apartment, no HOA.
Year
Property tax
Land + Additions
Assessment*
2025
$970 (−5.3%)
$21,920 + $279,400
$301,320
2024
$1,024 (−0.8%)
$19,320 + $276,320
$295,640
2023
$1,033 (+11.8%)
$19,320 + $251,920
$271,240
2022
$923 (−4.9%)
$19,320 + $238,160
$257,480
2021
$971 (−81.9%)
$12,880 + $183,080
$195,960
2020
$5,352 (+3.6%)
$12,880 + $173,560
$186,440
2019
$5,165 (+2.2%)
$12,880 + $156,400
$169,280
2018
$5,055 (+8.0%)
$12,880 + $147,760
$160,640
2017
$4,680 (+2.3%)
$12,880 + $138,160
$151,040
2016
$4,575 (−0.6%)
$12,880 + $138,160
$151,040
2014
$4,604 (−2.1%)
$8,080 + $134,668
$142,748
2013
$4,702 (−0.1%)
$8,108 + $134,668
$142,776
2012
$4,709 (+1.2%)
$8,108 + $134,668
$142,776
2010
$4,654 (+404.5%)
$11,583 + $132,337
$143,920
2009
$922 (+6.0%)
$11,583 + $132,337
$143,920
2008
$870
$11,583 + $132,337
$143,920
Tax history for 488 Piedmont Rd
Year
Property tax
Land + Additions
Assessment*
2025
$970 (−5.3%)
$21,920 + $279,400
$301,320
2024
$1,024 (−0.8%)
$19,320 + $276,320
$295,640
2023
$1,033 (+11.8%)
$19,320 + $251,920
$271,240
2022
$923 (−4.9%)
$19,320 + $238,160
$257,480
2021
$971 (−81.9%)
$12,880 + $183,080
$195,960
2020
$5,352 (+3.6%)
$12,880 + $173,560
$186,440
2019
$5,165 (+2.2%)
$12,880 + $156,400
$169,280
2018
$5,055 (+8.0%)
$12,880 + $147,760
$160,640
2017
$4,680 (+2.3%)
$12,880 + $138,160
$151,040
2016
$4,575 (−0.6%)
$12,880 + $138,160
$151,040
2014
$4,604 (−2.1%)
$8,080 + $134,668
$142,748
2013
$4,702 (−0.1%)
$8,108 + $134,668
$142,776
2012
$4,709 (+1.2%)
$8,108 + $134,668
$142,776
2010
$4,654 (+404.5%)
$11,583 + $132,337
$143,920
2009
$922 (+6.0%)
$11,583 + $132,337
$143,920
2008
$870
$11,583 + $132,337
$143,920
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
7
Baths
4.5
Stories
1
Lot width
99 ft.
Lot depth
315 ft.
Lot size
0.72 Acres
Year renovated
2007
Sq. Ft.
4,924
Year built
1976
Style
Single Family Residential
County
Hall County
APN
01072 001016
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Nov 5, 2026.
R-I
Residential District
The R-I Residential District is established to provide areas of primarily low- to moderate-density, single-family residential development along with other uses that are compatible with a residential environment such as recreational, educational, and religious facilities. This district is intended to implement the city comprehensive plan's suburban, medium-density residential future land use category with a density not to exceed 2 dwelling units per acre. This district is also intended to provide for new, high-quality infill residential development that maintains community character, and ensures stable, long-term property values and neighborhoods, at higher densities than the base density of the zoning district, subject to compatibility standards and/or pursuant to a specific neighborhood plan.