6010 Anchorage Quay Cumming, GA 30041
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About this home
Welcome to 6010 Anchorage Quay (with deeded slip on private dock) - Lake Lanier Luxury Living at its Finest! Nestled in a quiet 10-home enclave within the prestigious gated community of St. Michaels Bay, this gorgeous 6-bedroom, 4.5-bath estate home offers the perfect blend of elegance, comfort, and lake life. This home has been extensively renovated over the past few years including updates to all flooring, bathrooms, exterior deck, patio, and back yard. With access to a private 10 slip boat dock, this property has one of the 10 slips that is deeded to the property! This is your opportunity to enjoy Lake Lanier living within a short walk or golf cart ride away to your own slip. Step inside the inviting rocking chair front porch and into the elegant foyer, where French doors open to a private den/office with custom built-in bookcases. A separate dining room with a bay window, crown molding, and wainscoting sets the stage for memorable gatherings. The heart of the home is the two-story family room, featuring a wall of windows that floods the space with natural light and a stacked-stone fireplace that adds warmth and charm. The gourmet kitchen is a chef’s dream with a massive granite island with wrap-around seating, double wall ovens, gas cooktop, walk-in pantry, coffee bar, and a casual breakfast room overlooking the lush backyard. A main-level guest suite with a private bath offers convenience and comfort, while a mudroom with ample storage keeps everything organized. Upstairs, an open balcony overlooks the great room and leads to an oversized loft/living area. The luxurious primary suite is a true retreat, featuring a tray ceiling, sitting area, and a fully remodeled spa bath with vaulted ceilings, a frameless tile shower, separate soaking tub, dual granite vanities, one oversized walk-in closet and a separate custom built deluxe closet/suite with a center island. Three additional bedrooms complete the upper level with two sharing an updated Jack-and-Jill bathroom. The laundry room is conveniently located upstairs and includes a sink and additional cabinetry. The fourth level is perfect for a movie/gaming room or whatever your heart desires. This level comes with a half bath. The fully finished basement provides exceptional entertaining space with a granite wet bar (complete with wrap-around seating and wine fridge), recreation room, exercise room, guest room, full bath, and additional living area. Step outside to your brand new covered back deck and covered patio overlooking the beautifully landscaped backyard, complete with flowering shrubs, landscape lighting, stepping stones, perimeter hedges, and a fire pit—all backing up to 10+ acres of protected Army Corps of Engineers land for unmatched privacy and direct access to Lake Lanier. Additional features include a three-car garage with charging station and extra parking pad, four HVAC units (three replaced within the last two years), whole-house water filtration system, and basement dehumidifier connected to the HVAC system. Located in the East Forsyth school district, St. Michaels Bay offers luxury amenities including tennis and pickleball courts, a clubhouse, resort-style pool, playground, nature trails, and a community dock for residents. Schedule your private tour today!
Source: FMLS #7663943
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FAQs
Roam is your trusted partner for affordable home ownership. We help manage the assumption process from start to finish, enabling homebuyers to easily purchase their next home with a low-interest rate mortgage attached.
To qualify, you must meet the current FHA, VA, or USDA loan requirements depending on the type of loan you are assuming. This typically means a minimum credit score of 580, although most lenders prefer 620-640. Your debt-to-income ratio should be under the 50% max under FHA guidelines. Additional information such as employment history, explanations of income for each applicant, and asset verification for a down payment may be needed to process the loan.
An assumable mortgage is a type of home loan that allows a homebuyer to take over the existing mortgage terms from the seller, with no cost to the seller. Many government-backed loans, such as FHA and VA loans, are eligible for assumption, and millions of these mortgages are available.
When interest rates on mortgages are high, assuming a mortgage with a rate as low as 2% allows buyers to save up to thousands monthly compared to buying a home with a traditional mortgage at today’s average rates of 7%. A low-rate assumable mortgage could be the key to finding your dream home at an affordable price.
Roam has compiled available listings with low-rate assumable mortgages for you to browse. To get started, enter the city, state, zip code, or school district you’re interested in purchasing in. Utilize the search filters to narrow down your search. Click “Save search” to save your search preferences and activate listing notifications—we’ll email you as soon as new listings match your criteria.
Once you’ve found your dream home and ready to make an offer, schedule a call with a Roam Advisor directly from the listing. Your Roam Advisor will guide you through each step of the process, while also working directly with your agent, the servicer, and the seller to ensure you close on time.
When assuming the existing mortgage as part of a home purchase, the buyer has to cover the seller’s equity in the home. The seller’s equity is the purchase price minus the remaining mortgage balance. This amount must be covered in full through an all-cash down payment or by taking out a second mortgage.
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