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Land with Home for Sale in Eatonton, Georgia

388 Possum Point Dr, Eatonton, GA 31024

$1,500,000
2.35 acres
Active sale
ago
Est $7,651/mo

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

3,292
Sq feet
7
Beds
5
Full baths
1991
Built

Location

Street address
388 Possum Point Dr
Community
Possum Point
Elevation
352 feet
Coordinates
33.2357, -83.2874

Directions

Pea Ridge to Possum Point. left at stop sign house about 2 miles on right.

Property details

Acreage
2.35 acres
MLS #
GAMLS 10731129
Posted

Property taxes

2024
$5,477

Parcels

  • 088B172

Details and features

Listing

Type
Residential
Subtype
Single Family Residence

Lot

View
Lake
Waterfront
Seawall
Features
Private

Exterior

Parking Spaces
2
Fencing
Fenced
Pool
Porch
Structures
Boat House
Features
Dock

Structure

Water
Well
Sewer
Septic Tank
Heating
Central, Electric
Cooling
Central Air
Materials
Vinyl Siding
Roof
Metal

Interior

Rooms
Basement, Bathroom x 5, Bedroom x 7, Great Room
Flooring
Carpet
Fireplaces
Yes
Appliances
Dishwasher, Electric Water Heater, Microwave, Refrigerator

Nearby schools

NameType
PutnamElementary
Putnam CountyMiddle
PutnamHigh

Listing history

DateEventPriceChangeSource
Apr 13, 2026New listing$1,500,000GAMLS
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This 2.35-acre property is located at 388 Possum Point Dr in Eatonton, GA 31024. The property is available for sale for $1,500,000. It has a 3,292 sq ft 7 bedroom, 5 bath house built in 1991.

Checked 2 hours ago — Updated

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