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388 possum point drive

Eatonton, GA 31024

$1,500,000

7 BEDS 5 BATHS
3,292 SQFT2.34 AC LOT
Residential - Single Family
WaterfrontNew Listing
Image 1: Main View
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Bedrooms 7
Total Baths 5
Full Baths 5
Square Feet 3292
Acreage 2.35
Status Active
MLS # 56634
County Putnam
More Info
Category Residential - Single Family
Status Active
Square Feet 3292
Acreage 2.35
MLS # 56634
County Putnam
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
Location not available

Exterior Features

  • Construction Single Family
  • Siding Vinyl Siding, Other, Sheetrock/Drywall
  • Roof Asphalt, Metal
  • Garage Yes
  • Garage Description 2 Car, Detached, Concrete
  • Water Shared Well
  • Sewer Septic Tank

Interior Features

  • Heating Central, Electric, Fireplace(s)
  • Cooling Central Air, Electric
  • Basement Finished
  • Fireplaces 1
  • Living Area 3,292 SQFT
  • Year Built 1991
  • Stories Two

Neighborhood & Schools

  • Subdivision Possum Point

Financial Information

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    Listing Information

    Listing Provided Courtesy of Lake Homes Realty LLC - (866) 525-3466
    The data for this listing came from the Milledgeville MLS, GA.
    Listing data is current as of 04/12/2026.

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