388 Possum Point Drive, Eatonton, GA 31024
Local realty services provided by:ERA Hirsch Real Estate Team
Listed by: margaret decker
Office: lake homes realty llc
MLS#:10731129
Source:METROMLS
Price summary
- Price:$1,500,000
- Price per sq. ft.:$455.65
About this home
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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Home facts
- Year built:1991
- Listing ID #:10731129
- Updated:July 05, 2026 at 10:59 AM
Rooms and interior
- Bedrooms:7
- Total bathrooms:5
- Full bathrooms:5
- Flooring:Carpet
- Kitchen Description:Dishwasher, Microwave, Refrigerator
- Basement Description:Finished
- Living area:3,292 sq. ft.
Heating and cooling
- Cooling:Central Air, Electric
- Heating:Central, Electric
- Central air:Yes
Structure and exterior
- Roof:Metal
- Year built:1991
- Building area:3,292 sq. ft.
- Lot area:2.35 Acres
- Lot Features:Private
- Construction Materials:Vinyl Siding
- Exterior Features:Dock, Screened
- Levels:2 Story
Schools
- High school:Putnam
- Middle school:Putnam County
- Elementary school:Putnam
Utilities
- Water:Shared Well
- Sewer:Septic Tank
Finances and disclosures
- Price:$1,500,000
- Price per sq. ft.:$455.65
- Tax amount:$5,477 (2024)
Features and amenities
- Appliances:Dishwasher, Electric Water Heater, Microwave, Refrigerator
- Laundry features:Laundry Closet
- Amenities:Electric Water Heater
Parking
- Total parking spaces:2
- Parking description:Detached Parking
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