388 Possum Point Drive, Eatonton, GA

$1,500,000

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7

Beds

5

Baths

3,292

Square feet

2.35

Acres

About 388 Possum Point Drive

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

Features of 388 Possum Point Drive

MLS® # 10731129
Price $1,500,000
Bedrooms 7
Bathrooms 5.00
Full Baths 5
Square Footage 3,292
Acres 2.35
Year Built 1991
Type Residential
Sub-Type Single Family Residence
Style Other
Status Active

Community Information

Address 388 Possum Point Drive
Subdivision POSSUM POINT
City Eatonton
County Putnam
State GA
Zip Code 31024

Amenities

Utilities Phone Available
Parking Spaces 2
Parking Detached
View Lake
Is Waterfront Yes
Waterfront Lake, Seawall
Has Pool No

Interior

Interior Features Other
Appliances Dishwasher, Electric Water Heater, Microwave, Refrigerator
Heating Central, Electric
Cooling Central Air, Electric
Fireplace Yes
# of Fireplaces 1
Stories Two

Exterior

Exterior Features Dock, Other
Lot Description Private
Roof Metal
Construction Other, Vinyl Siding

School Information

Elementary Putnam
Middle Putnam County
High Putnam

Additional Information

Days on Market 156
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Map

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