5188 Watchmans Cove, Gainesville, GA – Luxury 55+ Living Near Lake Lanier with Spa, Wet Bar and Home Office

5188 Watchmans Cove, Gainesville, GA – Luxury 55+ Living Near Lake Lanier with Spa, Wet Bar and Home Office

published on May 05, 2026 by The Rains Team
5188 Watchmans Cove Gainesville GA5188 Watchmans Cove is a standout offering in Stephens Point, a gated 55+ active adult community on the doorstep of Lake Lanier. Listed as MLS 10756121 at $729,000, this 2022-built residence delivers 4,264 square feet of thoughtfully arranged living space with 4 bedrooms, 3 full bathrooms and 0 half baths—an ideal combination of single-level convenience and an expansive finished terrace level designed for entertaining, hobbies and multi-use living.

From the covered rocking-chair front porch to the private fenced backyard, the property is tailored for low-maintenance, high-comfort living. Inside, luxury plank flooring flows through an open foyer into the heart of the home: a gourmet kitchen anchored by a more-than-9-foot granite island, pristine white cabinetry, subway-tile backsplash and upgraded stainless appliances including a convection oven and a gas cooktop. The kitchen opens to a bright dining nook and a family room featuring trey ceilings and a gas fireplace—a floor plan that supports both intimate meals and larger gatherings.

The main-floor primary suite is a private retreat with room for generous bedroom furniture, an adjacent sitting area and a private balcony that captures treetop views. The en suite bath offers dual granite vanities, a roomy tiled walk-in shower and a walk-in closet that connects directly to the laundry room for maximum daily convenience. Three additional bedrooms on the main level provide flexible space for guests, hobbies or a crafting studio, all served by a well-appointed full bath.

Descending the open-railed stairwell reveals a fully finished terrace level that behaves like a walk-out lower level. That space includes a second family room, a roomy game area, a wet bar equipped with a beverage refrigerator, ice maker and large wine cooler, plus a dedicated home gym and a large home office with its own walk-in closet for storage. A guest bedroom and custom-tiled full bath on this level expand the propertys capacity for visitors and multi-generational stays.

Outdoor living is equally well-considered. The fenced rear yard unfolds into multiple entertaining rooms: a covered deck off the main level, an open paver patio and an indulgent luxury spa set against a backdrop of mature woods. These spaces are designed for year-round use, from morning coffee on the balcony to evening gatherings around the spa.

Stephens Point is an established active-adult enclave of 174 homes with community amenities that complement the private lifestyle at 5188 Watchmans Cove. Residents enjoy a clubhouse with Lake Lanier views, a large community pool, lighted pickleball and tennis courts and access to a private 14-slip courtesy dock on deep water—perfect for boating and lakeside recreation. The location also makes errands and dining convenient: historic downtown Flowery Branch and Gainesville are only minutes away, and I-985 offers straightforward travel to the North Georgia mountains and regional attractions.

Practical details that matter: the lot is approximately 0.16 acres, annual taxes are $4,920, and the home sits in Hall County schools with West Hall High School, West Hall Middle School and Everwood Elementary serving the area. The property is move-in ready and delivers a turnkey combination of luxury finishes, flexible living areas and thoughtful design tailored to active adult life near Lake Lanier.

For more information or to schedule a private showing, contact The Rains Team at 404-620-4571 or visit reflectionsbuford.com. This is an opportunity to claim an upscale, low-maintenance lifestyle in one of Gainesvilles most desirable lake-area communities.
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.