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388 Possum Point Drive

Eatonton, GA 31024
  • $1,500,000
  • STATUS: Active
  • ON SITE: 32 Days
  • MLS #: 56634
UPDATED: 16 min ago
$1,500,000
  • 7
    BEDS
  • 2.35
    ACRES
  • 5
    BATHS
  • 0
    1/2 BATHS
  • 3,292
    SQFT
  • $456
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1991
Area:

School Information

Elementary School:
Middle School:
High School:

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 : 3,500+ sq ft 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): Approx. 1,700 sq ft 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

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© 2026 Milledgeville Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Lane Realty. Data last updated: 2026-05-15T15:39:34.883.
www.homesforsaleonlakesinclair.com/homes/175105658
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388 Possum Point Drive Eatonton, GA 31024

  • Price: $1,500,000
  • Status: Active
  • On Site: 32 Days
  • Updated: 16 min ago
  • MLS #: 56634
7
Beds
5
Baths
0
½ Baths
2.35
Acres
3,292
SQFT
$456
$/SQFT
1991
Built
Neighborhood:
Possum Point
Area:
Putnam
Elementary School:
Putnam Co
Middle School:
Putnam Co
High School:
Putnam Co
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 : 3,500+ sq ft 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): Approx. 1,700 sq ft 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
Exterior Features

Boathouse Shelter Double Boathouse Construction Site Built Driveway Concrete Exterior Siding VinylOther Garage Parking 2 CarDetached Pool None Road Asphalt Roof AsphaltMetal Seawall Wood Stories Levels Two Water Depth 8+ Water Frontage 290 Waterfront On Water

Interior Features

Basement Finished Connections Electric Water Heater Cooling System Central AirElectric Floor Covering CarpetLuxury Vinyl Heating System CentralElectric Improvements FireplacePorchScreened PorchStorage ShedFencedDockBoat LiftCeiling Fan(s)Linen Closet Interior Walls Sheetrock/Drywall

Property Features

Electrical Service Georgia Power High Speed Internet Connected YN Yes High Speed Internet Provider unknown Home Style Other Lake Name Lake Sinclair Location Lake Sinclair Ownership Fee Simple Property Type Single Family Quadrant Other Sewage Type Septic System Installed Site Built Area Only No Telephone Service Other Tv Service Other Water Shared Well

Listing provided courtesy of Lake Homes Realty LLC: 8665253466.


© 2026 Milledgeville Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Lane Realty. Data last updated: 2026-05-15T15:39:34.883.
 
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Lane Realty
126 Pea Ridge Road SE
Eatonton GA, 31024