Listing provided courtesy of Lake Homes Realty- MLS# 70842MLS Provider

388 POSSUM POINT DRIVEEatonton, GA 31024

Single Family · 7 Beds · 5 Full Baths · 2.35 Acres
$1,500,000 BACK ON MARKET

388 POSSUM POINT DRIVE Overview

Time on Site:
66 days
Visits:
0

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

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388 POSSUM POINT DRIVE Facts & Features

  • Type Single Family
  • Lot 2.35 Acres

Details

General

Building Information

  • Year Built: 1991

Location/Region

  • County Or Parish: Putnam
  • MLS Area Major: Lake Sinclair Area
  • Subdivision Name: POSSUM POINT

Rent/Lease Information

  • Lease Considered: No

General Information

  • Golf Membership: None
  • Property Sub Type: Single Family
  • Property Type: RESIDENTIAL
  • Special Listing Conditions: Standard Listing
  • SubType: Lake Comm Home
  • Zoning: Residential

Interior

Building Information

  • Air: Central Electric
  • Approx Total SqFt: 3292

Parking Information

  • Garage: 2 Car Detached

Beds/Baths

  • Bathrooms Full: 5
  • Bathrooms Half: 0
  • Bedrooms Total: 7

General Information

  • Appliances: Built in Microwave,Dishwasher,Refrigerator,Vent Hood
  • Basement: Yes
  • Flooring: Carpet,Vinyl
  • Foundation Details: Full Finished Basement
  • Heating: Central,Electric
  • Levels: 2 Story
  • Living Area Source: Assessors Data

Exterior

Building Information

  • Dock: Double Stall Boathouse

Lot Information

  • Frontage Length: 290
  • Lot Features: Shed
  • Lot Size Acres: 2.35
  • Lot Size Source: Owner
  • Topography: Gentle Slope,Level
  • Water Source: Shared Well

Waterfront/View

  • Lake Access: Private Access
  • Seawall: Wood
  • Waterfront Features: Lakefront
  • Waterfront Source: Owner

Building Exterior/Construction

  • Architectural Style: Traditional
  • Construction Materials: Vinyl
  • Roof: Asphalt/Comp Shingle

General Information

  • Exterior Features: Porch, Screened Porch
  • Sewer: Septic

388 POSSUM POINT DRIVE Neighborhood

Community

31024 (EATONTON) Demographics

47
Median Age
59
Population Density (per sq. mile)
29%
College Educated
$52,682
Estimated Median Income
6,621
Estimated Total Home Owners
2,229
Estimated Total Renters
75% / 25%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

Understanding Mortgage Rates:
A Guide For Homebuyers

Learn More

* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

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388 POSSUM POINT DRIVE Market Data

Based on the last 30 days in this zip code

$841,460
Average List Price
$611
Average Price per Square Foot
61
Properties Sold
89
Average Days on Market
572
Properties for Sale
Calculations provided by Reliance Network

388 POSSUM POINT DRIVE History

Date Event Value Agent
4/26/2026Source: Georgia MLS Status Change
Active
4/24/2026Source: Lake Country MLS Added to Database
April 24, 2026
4/13/2026Source: Georgia MLS Added to Database
April 13, 2026

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