388 Possum Point Drive, Eatonton, GA 31024

$1,500,000
7
BD
5
BA
3,292
SqFt

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List Price
$1,500,000
MLS#
10731129
Type
Single Family Residential
City
Eatonton
County
Putnam
Subdivision
POSSUM POINT
Bedrooms
7
Bathrooms
5
Living Area
3,292
Year Built
1991

Property Description

RARE LAKE SINCLAIR LIVE-AND-EARN ESTATE featuring 3 SEPARATE RESIDENCES, DEEP WATER and one of the MOST EXPANSIVE SHORELINES on the lake. This exceptional waterfront compound offers a unique opportunity to enjoy lake living while generating strong income potential. Situated on 2.35 private, fully fenced acres, this property includes 3 HOMES, making it ideal for investors, short-term rental operators, and/or multi-generational families seeking space, privacy, and flexibility. The main lakefront home is currently operating as a successful short-term rental generating approximately $50k-$65k annually, while the additional dwellings offer excellent potential for steady mid- to long-term income (ranging from $1700 - $2200/mo each). MAIN HOUSE : 5 Bedrooms 4 Bathrooms Designed for entertaining and large gatherings Incredible panoramic lake views Currently operating as a high-performing short-term rental All new appliances GARAGE APARTMENT (ADU): 2 Bedrooms 1 Bathroom Currently leased long-term Estimated rental value $1,800-$2,000/month Private balcony overlooking the lake All new appliances BUNGALOW/GUEST HOME: Fully remodeled 2 Bedrooms 2.5 Bathrooms Estimated rental value $2,200-$2,400/month Beautiful lake views and private setting All new appliances OUTDOOR AND PROPERTY FEATURES: Deep water, 3 RV hookups, Endless parking, New HVAC systems, water heaters and water pump, Entertaining areas galore -covered bar, swings, picnic tables, swings, HUGE garage shop w/bathroom. RARE OPPORTUNITY. FEE SIMPLE

Additional Information

Elementary School
Putnam
High School
Putnam
Exterior Features
Dock, Other
Interior Features
Other
Style
Other
Parking
Detached
Basement Type
Finished
Stories
2 Stories
Fees Include
None
Tax Year
2024

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Calculator source: Real Geeks

Listing courtesy of Lake Homes Realty LLC.

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