5 bedroom Single Family Residence at 2118 Water Mill Court, Water Mill, Buford — photo 1Front elevation
5 bedroom Single Family Residence at 2118 Water Mill Court, Water Mill, Buford — photo 2Living space
5 bedroom Single Family Residence at 2118 Water Mill Court, Water Mill, Buford — photo 3Kitchen
5 bedroom Single Family Residence at 2118 Water Mill Court, Water Mill, Buford — photo 4Owner's suite
5 bedroom Single Family Residence at 2118 Water Mill Court, Water Mill, Buford — photo 5Exterior / yardView all 50 photos →
New — 7 days on market Single Family Residence
$499,000
5-Bedroom Home in Water Mill

2118 Water Mill Court, Buford, GA 30519

Single Family Residence in Water Mill, Buford · No CDD on record
Water Mill · Buford, GA 30519 · Gwinnett County
Listing data updated October 1, 2026 · refreshed twice daily
5Bedrooms
3Bathrooms
3,250Sq Ft
2008Year Built
$154Per Sq Ft
GarageNo CDD on record5 bedrooms
How to read this page: MLS listing facts carry their source; everything else is labelled as a public record, a calculation, an estimate, or something to verify. Where local data is too thin to support a number, the page says so instead of guessing.
14% above
$/sq ft vs community
$154 here vs $135 median sold (12 mo)
Buyer leverage
Seller-leaning
7 days on market
4.0 months
Supply around this home
Seller <3 · balanced 3-6 · buyer >6
$2k–$4k/yr
Est. insurance · illustrative
Not a carrier quote; premiums vary widely by property. Get a real quote.
Above 5 of 6
Price vs recent sales
Asking $499k tops 5 of the last 6 closed sales

Sources: Georgia MLS (listings + 12-mo closed sales), FEMA, modeled insurance. Interpretation: Momentum Research. Data notes

Highlights

As of October 1, 2026, 2118 Water Mill Court in Water Mill, Buford is listed at $499,000 (3,250 sq ft, about $154 per sq ft). That is 19% above Water Mill's median closed sale of $420,000 over the last 12 months (5 recorded sales). Per square foot it is above the community's recent $135/sq ft by about 14%. It came to market within the past week. Listing facts: built in 2008. Figures are from the MLS record and county data; deemed reliable but not guaranteed.

  • No CDD assessment on record
  • Built 2008 · 18 yrs
  • 3,250 sq ft of living area
  • Garage
  • Listed at $499,000 — recent neighborhood median sale price ~$420,000 (nearby sales; deemed reliable, not an appraisal)
  • New to market
Listing description

About this home

"FALL" INTO THE SEASON PERFECTLY!! *And possibly take advantage of 100% FINANCING!!!* This gorgeous home should definitely be on top of your "MUST SEE" list!!! Located in a low-traffic cul-de-sac, this beautiful home will absolutely WOW you at every turn!

The 5-bedroom, 3-bath, open double-foyer floorplan boasts a spacious trey-ceilinged dining room as well as an open concept kitchen and living/family room area that spans the entire rear of the main level. It's easy to get lost in the impressive master suite which occupies the entire left side of the upstairs offering the bedroom, a spacious sitting area, 3 closets, and a luxurious bathroom featuring a walk-in shower, soaking tub and separate his/hers vanities. The 4 additional bedrooms have NEVER been used so the paint and carpet are like new!!

Additionally, the kitchen appliances, washer, and dryer have seen minimal use. The blue protective plastic is still on the washer and dryer and the description tag and manual are still in the refrigerator! The home has true hardwood floors, immaculate carpets in the living room and bedrooms for added comfort and warmth, and ceramic tiles in the bathrooms.

The single-owner seller is a Non-Smoker with No Pets and has taken exceptional care of the property in addition to enjoying high-end, luxurious, elegant finishes throughout. Here's more benefits: for efficiency, you'll find LED lighting installed on both levels. A home security system from Jackson EMC is in place if you would like to continue the service.

High speed internet is also available. The large double garage also offers a work/storage area and is included in the home's square footage. The grounds are level, useable and offer a very large backyard area to develop into whatever type of outdoor living space you want.

Some of the additional subdivision amenities include a playground, pool, clubhouse, and tennis courts. The highly sought after MILL CREEK School system is just minutes away. And this home is conveniently located to shopping, restaurants, and major roads.

The Portfolio 100 financing option offered by United Community Mortgage is worth checking into! You'll absolutely find LOTS to love about living at 2118 Water Mill Court! Schedule your visit to tour this terrific home!!

All 50 photos

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Description provided by Otter Realty LLC and reproduced from the MLS; not independently verified.

Listing courtesy of Otter Realty LLC · Listing agent: Lynne Stephens · 706-499-3790Provided via the Georgia MLS (GAMLS) Internet Data Exchange · Source: Georgia MLS (GAMLS) · © 2026 Georgia MLS. Information is deemed reliable but is not guaranteed. · deemed reliable but not guaranteedIDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by the MLS to be accurate.
Property facts & sources

Every fact, sourced

Listing data, public records, our calculations, and what to verify — each fact shown once. Estimates and calculations shown are for general information only, are not appraisals or advice, and should be independently verified.

Listing facts MLS

List price$499,000
Bed / bath5 / 3
Living area3,250 sq ft
Year built2008
Property typeSingle Family Residence
GarageYes
MLS #10848840
Listing statusNew &mdash; 7 days on market

Public records & third-party data

FEMA flood zoneNot verified — check msc.fema.gov
CountyGwinnett
Area listings2 active · 0 under contract
Estimated first-year tax~$5,240/yr
CDD assessmentNone on record
HOANot reported

Calculated estimates

Price per sq ft$154
Estimated monthly payment$3,294
Insurance (illustrative)$2k–$4k/yr
Messtimate range$432,250 – $523,250
Comparable-sales median$420,000

Buyer should verify Buyer verify

Exact HOA dues, fees, and restrictionsRoof age and conditionHVAC age and conditionA property-specific insurance quoteSurvey and lot boundariesPermit historyFlood-insurance requirementsSchool zoning (confirm with the district)Property taxes after sale (homestead reset)CDD / community assessmentsSquare footage and room dimensions
Financing

Estimated monthly payment

$3,294/mo
  • Principal & interest $2,664/mo 81%
  • Taxes $437/mo 13%
  • Insurance $194/mo 6%

$3,294/mo at 20% down, 30-yr @ 7.03% · edit any field to update.

Editable estimate — not a loan offer. Estimates only; see data & estimate notes.

Estimated ownership costs

Estimated costs & disclosures

Estimated ownership costs for general information. Confirm each with the county, your lender, and an insurer. See data & estimate notes.

Property tax (first-year est.)
~$5,240/yr

Estimate: a typical Gwinnett effective rate applied to the list price before any exemptions. Florida bills change with reassessment, homestead and other exemptions, and local taxing districts — this is not your expected bill. Confirm with the county property appraiser.

CDD assessment
None on record

No CDD assessment appears in our records for this community. CDD assessments show on the county tax bill — confirm with the tax collector.

Insurance (illustrative range)
$2k–$4k/yr

An illustrative modeled range, not based on carrier underwriting and not a quote. Florida premiums vary significantly by roof age, wind-mitigation features, claims history, and carrier — a real quote can land well outside this range. Flood zone not verified for this address — check msc.fema.gov and confirm coverage. Get a quote from a licensed insurer before relying on any figure.

HOA
Not reported

Not stated in the listing. Confirm with the listing agent or the county record; $0 is used in the payment estimate.

Environmental data

Flood zone & elevation

Sourced environmental data for the parcel. Confirm with FEMA and your insurer.

FEMA flood zone
Not verified

Not yet verified for this address. Look up the parcel at msc.fema.gov before relying on any flood assumption.

Ground elevation
Not on record

Approximate parcel elevation from USGS; confirm exact elevation with a survey.

Windstorm / insurance
Obtain a quote

Premiums and coverage vary by home (roof age, wind mitigation, claims history); obtain a quote from a licensed insurer.

Hazard risk

Natural hazard risk

FEMA National Risk Index for Gwinnett County, GA: overall Relatively High. Ratings compare this county with every county in the United States for expected annual loss from each hazard.

HurricaneRelatively Low
Inland floodingRelatively High
Heat waveRelatively Moderate
WildfireVery Low
TornadoRelatively High
LightningVery High
Strong windRelatively High
DroughtRelatively Low
HailRelatively High
Cold waveRelatively High
Winter weatherRelatively Moderate

Source: FEMA National Risk Index (county level, hazard risk ratings only). Ratings describe the county, not this parcel; the flood zone shown above is parcel-specific. Verify insurance requirements with your lender and agent.

Connectivity

Internet & broadband

Fiber
Check availability

Address-level fiber service is not confirmed for this home. Check the FCC National Broadband Map (broadbandmap.fcc.gov) or the provider for this address.

Cable
Check availability

Cable broadband is common in Florida and Georgia towns but not confirmed for this address; verify with the provider.

Fixed wireless / satellite
Check availability

5G home internet and satellite service depend on the exact location; check coverage for this address.

Momentum Research · Water Mill

Pricing & the Water Mill market

How this home is priced against recent nearby sales, and where Water Mill has been over 25 years. Momentum Research analysis of Georgia MLS records; closed sales, deemed reliable but not guaranteed. Estimates only; see data notes.

This home’s $/sq ft vs. nearby sales

List $/sq ft against recent nearby closed sales; the community median is marked.

Price per sq ft · this home vs. recent nearby sales4251 Haywater Cove4251 Haywater Cove: $118/sq ft$1184457 Water Mill Drive4457 Water Mill Drive: $133/sq ft$1334317 WATER MILL Drive4317 WATER MILL Drive: $135/sq ft$1354376 Water Mill Drive4376 Water Mill Drive: $145/sq ft$145This homeThis home: $154/sq ft$1544345 Mill Farm Lane4345 Mill Farm Lane: $161/sq ft$1614657 Water Mill Drive4657 Water Mill Drive: $162/sq ft$162Community median $135
Property timeline

This home’s history

  • 2008BuiltPer public record
  • Sep 19, 2026First seen on movewithmomentum.comObserved at $499,000
  • NowActiveCurrently for sale

Build year is from public record. The MLS list date is approximate (today minus the cumulative days on market the MLS reports, which can span relistings). Other milestones reflect movewithmomentum.com’s own observations since we began tracking this listing and are not the MLS listing history; dates and prices are deemed reliable but not guaranteed.

Transparency

Price & listing history

Listed for $499,000Momentum Realty · on market 7 days
Public records

Building permits

Permit history not yet linkedConfirm permit history with the county building department.
How it stacks up

Comparable recent sales

6 closed sales in Water Mill in the last 18 months — same property type, living area within 30% of this home. Sold prices are MLS closed-sale records, deemed reliable but not guaranteed.

Median of these 6 sales: $420,000 ($135/sq ft). Stronger local evidence. Shown for general reference only — not an appraisal or a statement of this home’s value.

The Messtimate™

The Messtimate

This is a deliberately dumb estimate — living area times a range of recent neighborhood $/sq ft, and nothing else. It is not an appraisal, not market value, and not a valuation of this home. Even a tight range from comparable sales can’t price a specific home — here’s why.

$432,250the mess$523,250

Stronger local evidence — 6 comparable closed sales in Water Mill, closed within the last 18 months, same property type, living area within 30% of this home.

Actual list price: $499,000 — compare it against the range above. The Messtimate is a blind sqft estimate; the list price reflects this specific home.

A 21% spread on the same house — and that gap is exactly what an automated guess can't see:

  • Condition & updates — a renovated kitchen or new roof vs. dated finishes can swing value six figures; sq ft can't see it.
  • The lot & views — a premium golf, water, or preserve lot vs. a road-facing one: same sq ft, very different price.
  • Outliers skew it — the band above comes from 6 nearby sales; one flip or distressed sale moves the whole $/sq ft.
  • Carrying costs & concessions — CDD, HOA, insurance, and seller-paid buydowns change what a buyer actually pays.

And here's what the live market is doing — which the number above ignores entirely:

  • This home: 7 days on market vs. a 75-day community median
  • 2 active listings competing
  • ≈4.0 months of supply
  • 6 closed here in the last 12 months

For reference, this home is listed at $499,000 ($154/sq ft). The list price is the seller's asking price and is not derived from this range.

Want a property-specific review from a licensed agent? A Momentum Realty agent will do a real, free comparative market analysis — walking the home, the lot, the condition, and the live market. That's the difference between a Messtimate and a valuation.

Selling your own home? Try the Messtimate on your address →

Methodology: 3,250 sq ft × $133–$161/sq ft (interquartile band of 6 comparable closed sales in Water Mill, last 18 months; MLS closed-sale records). Estimate for general information only; not an appraisal, valuation, or offer. Updated October 1, 2026.

Momentum Scores

Momentum Property Score

38/100
Strongest on: Pricing power (73), Market liquidity (46)
0 limited50100 exceptional

38/100 is limited across the objective indicators below. It reflects only those measures — not the home’s quality, condition, or desirability.

A 0-100 score built from objective property and market data: flood risk, insurance, pricing, supply, affordability, and recent sales. Higher means more measures line up in a buyer’s favor. It reflects only the factors below.

Price vs area15
This home $154/sq ft vs the community 12-month median $135/sq ft.
Affordability19
List price $499,000 vs the community median $420,000. Not a measure of personal affordability.
Market liquidity46
Community median 75 days on market, ~4.0 months of supply (12-month record).
Pricing power73
Recent sales closed at about 93.4% of original asking (~6.6% below). More room below asking generally favors buyers.

Coverage: 4 of 8 indicators had valid data for this home; indicators without data are left out, not scored as zero. Momentum Scores are objective, rules-based indicators computed from listing facts, public records, and recent comparable sales. They do not measure property condition, quality, or investment suitability, and they are not appraisals, valuations, investment advice, or judgments about a neighborhood or who should live there. Verify independently.

Momentum Research

The Momentum read

🟠 Seller-leaning conditions around this listing. 4.0 months of supply in the surrounding market and 7 days on market for this home, against a 75-day area median.Days on market:this home 7Area median:  75 daysWhy it matters: above-median time on market, together with the level of supply, is a clear sign of how much leverage sits with buyers.Momentum Research interpretation of the MLS facts in the snapshot above. Listing data © 2026 Georgia MLS (GAMLS). Information is deemed reliable but is not guaranteed. As of September 20, 2026.

🟡 Asking $154 per square foot, about 14% above the community’s $135 median. Water Mill’s 12-month median sold price per square foot is $135. Confidence: Low · 5 closed sales in 12 monthsMLS facts: Georgia MLS closed sales. A per-square-foot gap is context, not an appraisal; condition, lot, and view set the final number here.

Recent Water Mill sales closed near 93.4% of original asking.Why it matters: the community’s own record shows how far opening prices typically move, and how often buyers compete without financing.Momentum Research analysis of Georgia MLS records, community-level, 12 months ending September 20, 2026. Aggregates only; deemed reliable but not guaranteed.

What’s unique here: one of only 2 active listings in Water Mill, no CDD assessment.

Jump to: About this home · Every number, sourced · Monthly cost · Flood & risk · History · FAQ

Updated October 1, 2026 · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness

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Listed by Otter Realty LLC · MLS # 10848840

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Go deeper

More on Water Mill

Go deeper on Water Mill

See schools, amenities, builders, HOA/CDD detail, and every active & sold home in the community — the single biggest advantage of buying here over a portal.

Assigned schools

Assigned schools

Schools currently assigned to this address in Gwinnett County, provided as neutral factual data. Assignments can change — confirm current zoning with the school district. This is not a statement about the home's suitability for any person or family.

Duncan CreekAssigned elementary school · Gwinnett County School District
Frank N OsborneAssigned middle school · Gwinnett County School District
Mill CreekAssigned high school · Gwinnett County School District
Nearby & guides

City, county & community guides

Where this home sits, with links to the matching guides. General reference only.

Before you decide

Buyer research checklist

Items worth confirming for 2118 Water Mill Court, chosen from what the record shows. This is general guidance, not advice about this specific property.

  • Built in 2008 (18 years): ask for the roof and HVAC replacement dates — insurers commonly ask for roof age on homes this old, and it changes the premium.
  • Confirm whether a mandatory HOA applies to this parcel and what it charges.
  • Look up the parcel on FEMA's Flood Map Service Center and confirm with your insurer whether flood insurance is required.
  • Get a homeowners insurance quote for this specific address in Gwinnett County; age of roof and any prior claims affect the premium.
  • Listed living area is 3,250 sq ft: verify it against the property appraiser's record and measure before relying on it.
  • Order a survey to confirm lot boundaries and easements.
  • Review permit history with the county.
  • Property taxes: the estimate on this page (about $5,240/yr) assumes reassessment at the list price; confirm exemptions with the county tax assessor.
  • School zoning shown here comes from district data and changes; confirm the assigned schools directly with the district before relying on them.
Provenance

Data sources & freshness

Listing recordGeorgia MLS, refreshed twice daily (last: October 1, 2026)
Comparable salesGeorgia MLS closed sales in Water Mill, last 18 months, as of September 20, 2026
Flood zone & elevationNot verified for this address — look it up at msc.fema.gov
Taxes & monthly costTypical county effective rate applied to the list price; an estimate, not a bill
Insurance figureModeled estimate; obtain a real quote before offering
Schools2025-26 district assignments; verify with the district

Momentum Research lines are our own analysis of Georgia MLS records; MLS data is deemed reliable but not guaranteed. Estimates are informational, not appraisals or advice. Methodology: how Momentum scores are computed.

Answered before you ask

Frequently asked questions

How big is 2118 Water Mill Court and when was it built?

Per the listing record, 2118 Water Mill Court was built in 2008 and has 3,250 sq ft of living area, 5 bedrooms and 3.0 bathrooms. Living area and lot size come from the MLS record and should be verified against the county property appraiser.

What community is 2118 Water Mill Court in?

2118 Water Mill Court is in Water Mill in Buford, Gwinnett County. The comparable-sales section on this page shows recent closed sales nearby from the same MLS data.

How are property taxes on 2118 Water Mill Court estimated?

The estimate on this page (about $5,240 per year) assumes the county reassesses at the list price. Georgia counties reassess after a sale and exemptions such as homestead must be applied for by the new owner, so the seller's current bill is not a guide. Confirm with the county tax assessor.

Is 2118 Water Mill Court in a flood zone?

A flood designation has not been verified for this address. Look up the parcel on FEMA's Flood Map Service Center (msc.fema.gov) and confirm with your insurer.

Can I rely on the figures on this page?

No. Estimated taxes, insurance, payments, and any market or comparable-sales summary are opinions and estimates for general information only and should not be relied upon. Verify all information independently before making any decision.

Ready when you are

See 2118 Water Mill Court in person

Private tours available 7 days a week, in person or by live video walkthrough. Request a tour or send a question and a licensed Momentum Realty agent will follow up.

Call (904) 351-6461

Momentum Realty · licensed in FL & GA

Opinion & estimate — do not rely on this page. Any figure on this page that is not a verbatim fact from the listing or a public record — including estimated property taxes, insurance, CDD/HOA amounts, mortgage payments, comparable-sales summaries, and market statistics — is an opinion and estimate provided for general informational purposes only. These figures may be inaccurate or out of date, are not appraisals, valuations, or financial, legal, tax, or investment advice, and should not be relied upon. Do not make any purchase, offer, financing, or other decision based on this page. Independently verify everything — price, square footage, lot size, year built, taxes, CDD/HOA, flood status, school assignments, permits, and community rules — with the listing broker, the county, your lender, a licensed inspector, an insurer, and your own advisors before acting.

Estimate methodology. Tax estimates apply county millage to the list price (less the homestead exemption where the parcel is matched to the certified roll) and will differ from the actual assessed bill. Cost and market figures are derived from available data and simple calculations, not a professional appraisal. We make no representation that any estimate reflects fair market value.

Equal Housing Opportunity. Content on this page is compiled from public records, MLS data, and automated sources and may contain errors or be out of date. It is general information only, not a representation about any specific property, community, builder, or association. Verify information independently before relying on it. Momentum Realty supports the Fair Housing Act and does not discriminate on the basis of race, color, religion, sex, handicap, familial status, national origin, sexual orientation, or gender identity. Information about schools, distances, and amenities is provided as neutral factual data to help you research the property and is not a statement about who should or should not live here or the suitability of the home or neighborhood for any person or group. School data may change — confirm current assignments with the school district.

Found an error? If you are the owner, listing agent, or a party to this property and believe any information is inaccurate, email and we will review and correct or remove it promptly.

Automated content. Some summaries, distances, and estimates on this page are generated automatically from public and proprietary data sources and may contain errors or omissions. We strive for accuracy but cannot guarantee the completeness or accuracy of any information. Verify anything important independently.

No warranty; measurements & photos. No guarantee, warranty, or representation of any kind is made regarding the completeness or accuracy of any information, descriptions, or measurements on this page — including square-footage measurements and property condition — all of which should be independently verified through appropriate means, including in-person inspection and public records. Photographs may be virtually staged or digitally enhanced and may not reflect actual property conditions. Momentum Realty and its agents expressly disclaim any liability in connection with the information provided.

MLS / IDX. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of the Georgia MLS (GAMLS) Internet Data Exchange. Real estate listings held by brokerage firms other than Momentum Realty are marked with the listing broker's name and include the name of the listing agent. Data provided is deemed reliable but is not guaranteed by the MLS to be accurate. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Source: Georgia MLS (GAMLS). © 2026 Georgia MLS. Information is deemed reliable but is not guaranteed. All rights reserved.

Listing data is deemed reliable but is not guaranteed and is subject to change or withdrawal without notice. Square footage and lot size are approximate. Real estate brokerage services provided by Momentum Realty, licensed in Florida and Georgia. © 2026 Move With Momentum LLC.