388 Possum Point Drive, Eatonton, GA 31024
- $1,500,000
- 7
- BD
- 5
- BA
- 3,292
- SqFt
- List Price
- $1,500,000
- Status
- ACTIVE
- Days on Market
- 117
- MLS#
- 10731129
- Subtype
- Residential
- Style
- Other
- Year Built
- 1991
- Bedrooms
- 7
- Bathrooms
- 5
- Full Baths
- 5
- Living Area
- 3,292
- Lot Size
- 102,366
- Acres
- 2.35
- Subdivision
- POSSUM POINT
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
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Additional Information
- Interior Features
- Other
- Exterior Features
- Dock, Other
- Property Description
- Other
- Flooring
- Carpet
- Appliances
- Dishwasher, Electric Water Heater, Microwave, Refrigerator
- Heating
- Central, Electric
- Air Conditioning
- Central Air, Electric
- Stories
- 2 Stories
- Levels
- Two
- Parking
- Detached
- Elementary School
- Putnam
- High School
- Putnam
- View
- Lake
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Listing courtesy of Lake Homes Realty LLC.
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