388 Possum Point DR, Eatonton, GA 31024
POSSUM POINT · Putnam County
Key Facts
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
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Structure Type
House
Year Built
1991
Stories
2
Living Area
3,292 sq ft
Lot Size
2.35 acres
Garage Spaces
2
Parking Spaces
2
Days on Market
46
MLS® Listing#
10731129
Property Features
Interior
Exterior
Appliances
Cooling
Heating
Flooring
Basement
Parking
Laundry
Patio
Fencing
Lot Features
Construction
Roof
Other Structures
Community
Utilities
Sewer
Water Source
Schools
- Elementary:
- Putnam
- Middle:
- Putnam County
- High:
- Putnam
Financial Details
HOA
None
Annual Taxes
$5,477
Tax year 2024
Parcel Number
088B172
Directions
Pea Ridge to Possum Point. left at stop sign house about 2 miles on right.
Affordability Calculator
$300,000
Estimated monthly payment
$7,984/mo
Principal $1,200,000 · Est. interest $1,674,107 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Eatonton, GA
- $543,243
- Median Listing Price
- 76
- Median Days on Market
- 2,016
- Median Sq Ft
- $282
- Median Price / Sq Ft
- 320
- Active Listings
- This home’s price is 176% above the area median.
- Its price per sq ft is 61% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Eatonton, GA.
Location
Points of Interest in Eatonton, GA
Showing the Eatonton area map.
Nearby Schools
Sinclair Christian Academy
School · 5.8 mi away
John Milledge Academy
School · 6.3 mi away
Putnam
School · 8.2 mi away
Putnam County Middle School
Secondary · 8.2 mi away
Putnam County Primary School
Elementary · 8.3 mi away
A Kid's World of Peace
School · 8.4 mi away
Putnam County Elementary School
Elementary · 8.4 mi away
Gatewood Schools
Secondary · 9.0 mi away
Little Caterpillars Development Center
School · 9.7 mi away
Eagle Ridge Elementary School
Elementary · 10.3 mi away
Baldwin County School District
School · 10.4 mi away
Oak Hill Middle School
Secondary · 10.4 mi away
Bill E Ireland Youth Dev Center
School · 10.4 mi away
Lakeview Primary School
Elementary · 10.8 mi away
Blandy Hills Elementary School
Elementary · 10.8 mi away
Geogia College Early College
School · 11.0 mi away
St Stephens Day School
School · 11.4 mi away
Baldwin High School
Secondary · 11.4 mi away
Putnam County High School
Secondary · 13.2 mi away
Midway Elementary School
Elementary · 15.4 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 122 Harmony Bay DR, Eatonton, GA | $1,199,000 | 7 | — | — |
| 111 Blue Heron DR, Eatonton, GA | $1,750,000 | 6 | — | 6,493 |
Moving Cost Estimate
EXIT Agents in Eatonton
Listing Courtesy: Lake Homes Realty LLC - 8665253466