1. Overview
  2. Location
  3. Interior
  4. Exterior
  5. Property
  6. Schools
  7. Tax
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Status: New

388 Possum Point Dr 
Eatonton, GA 31024

$1,530,000

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Situated on DEEP WATER with one of the most EXPANSIVE SHORELINES on Lake Sinclair, this rare property spans 2.35 PRIVATE FULLY FENCED ACRES with MULTIPLE RESIDENCES and unmatched OUTDOOR ENTERTAINMENT AREAS - including picnic tables, bar, swings and fire pits. Offering SPECTACULAR VIEWS and direct access to the lake from every structure, this property is ideal for INVESTORS, MULTI-GENERATIONAL LIVING, or those seeking a premier waterfront retreat. Main house currently operating as a SUCCESSFUL SHORT TERM RENTAL, with the GARAGE APARTMENT also providing LONG TERM RENTAL INCOME. Main House: Over 3,500 sq. ft. 5 spacious bedrooms 4 full bathrooms Expansive living areas designed for comfort and entertaining Panoramic lakefront views from the living spaces and bedrooms All new appliances. Garage Apartment: Approximately 1,700 sq. ft. 2 bedrooms 1 bathroom Currently under a long-term lease, generating steady rental income Perfect for investment, extended family, or guests Private balcony with sweeping lake views All new appliances. Fully Remodeled Guest Home: Approximately 1200 sq. ft. Recently updated, modernized mobile home residence with 2 ensuite bedrooms + powder room Serene lakefront setting with stunning water views Features all new appliances. Additional Property Features: Large dock for boats, jet skis, and other recreational watercraft Private beach with boat access, perfect for swimming and lakefront activities Expanded parking for boats, trailers, and guest vehicles Extra-large garage with bathroom and storage- large enough for workshop space, or potential boat storage Extra outdoor storage sheds for tools, lake gear, or equipment All residences feature all new appliances, new HVAC systems, hot water heaters, and a new well water pump 3 RV hookups for added flexibility Furnishings available separately for a turnkey opportunity. ALL FEE SIMPLE
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Bedrooms
1
Baths
1
House Size
3,292 sqft
Year Built
1991
Lot Size
2.35 ac

Location

Market Insights

In the last 30 days, homes for sale in 31024, Eatonton, GA were on the market for a median of 88 days and 5.26% of homes sold above list price.

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Interior Information

appliances
Dishwasher
Microwave
Refrigerator
basement
Finished
cooling
Central Air
Electric
flooring
Carpet
Tile
heating
Central
Electric
laundry features
Laundry Closet
view
Lake

Exterior Information

patio and porch
Porch
Screened
roof
Composition

Property Information

architectural style
Traditional
community
Lake
construction
Vinyl Siding
lot
Level
other structures
Shed(s)
parking
Detached
Garage
sewer
Septic Tank
subdivision name
Possum Point
utilities
Phone Available
water source
Shared Well
  • Listed By Margaret Decker
  • doubledecker99@bellsouth.net
  • (205) 985-2991
  • Lake Homes Realty LLC
  • (205) 985-2991
  • LHRBroker@LakeHomes.com
  • MLS 10614664

Tax History

Date

Property Tax

Land

Additions

Tax Assessment

2024$3,262 (-41.1%)$250,000$544,973$794,973 (+3.7%)
2023$5,536 (+37.6%)$200,000$566,768$766,768 (+53%)
2022$4,024 (0%)$140,000$361,015$501,015 (+16.8%)
2021$4,024 (+3%)$125,000$303,813$428,813 (+4.9%)
2020$3,908$125,000$283,861$408,861

Tax data provied by Attom


Monthly Payments Calculator

Estimated Monthly Cost

$8,633

30 year fixed·6.9% interest rate
Principal & Interest
$8,061
Property Taxes
$272
Home Insurance
$300
HOA Fees
$0
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*All calculations are estimates and provided for informational purposes only. Actual amounts may vary.
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