$1,500,000

388 Possum Point Drive, Eatonton, GA 31024

  • 7 beds |
  • 5 baths |
  • 3,292 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1991
  • Property Lot Size Icon2.35acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $456/sqft
  • Property List Date Icon Listed 29 days ago

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

Listing Status:
Active
Date Added:
April 12, 2026
Data Last Updated:
May 11, 2026 at 7:06PM
Listing Office:
Lake Homes Realty LLC : 205-985-2991
Listing Agent:
Margaret Decker : 404-401-6688
MLS ID:
10731129
  • General: Other
  • Appliances: DishwasherElectric Water HeaterMicrowaveRefrigerator
  • Laundry: Laundry Closet
  • Basement: Finished
  • Flooring: Carpet
  • A/C: Central AirElectric
  • Heating: CentralElectric
  • Fireplace: FireplaceFireplaces: 1
  • General: DockOtherBoat HouseShed(s)
  • Style: Other
  • Parking: DetachedParking spaces: 2
  • Roofing: Metal
  • General: OtherVinyl SidingTwo
  • HOA Amenities: 0.0
  • Originating MLS: Georgia MLS 2
  • County: Putnam
  • Zoning: 088B172
  • View: LakeView
  • Fencing: Fenced
  • Utilities: Phone Available
  • Water: Shared Well
  • Sewer: Septic Tank
  • Source: Georgia MLS 2

This listing courtesy of Margaret Decker , Lake Homes Realty LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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