Listing provided courtesy of Lake Homes Realty LLC- MLS# 10731129
Contact Information: 404-401-6688
Contact Information: 404-401-6688Images
Request Info388 Possum Point DriveEatonton, GA 31024
Single Family · 7 Beds · 5 Full Baths · 3,292 Sq. ft. | 2.35 Acres$1,500,000
Active
388 Possum Point Drive Overview
- Time on Site:
- 79 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
- Sq. ft. 3,292
- Price/Sq.ft. $456
- Lot 2.35 Acres
Details
General
Association/HOA
- Association Fee: 0
- Association Fee Includes: None
- Association: No
School Information
- Elementary School: Putnam
- Middle Or Junior School: Putnam County
- High School: Putnam
Building Information
- New Construction: No
- Year Built: 1991
Location/Region
- Country: US
- County Or Parish: Putnam
- Subdivision Name: POSSUM POINT
Building Exterior/Construction
- Total Number Of Slips: 2
Community/Development
- Community Features: Lake
Rent/Lease Information
- Land Lease: No
Tax Information
- Tax Annual Amount: 5477.35
- Tax Year: 2024
General Information
- Listing Terms: Cash, Other
- Parcel Number: 088B172
- Property Condition: Resale
- Property Sub Type: Single Family Residence
- Property Type: Residential
Interior
Building Information
- Below Grade Unfinished: 0
Parking Information
- Garage: Yes
Beds/Baths
- Bathrooms Full Lower: 0
- Bathrooms Half Lower: 0
- Bedrooms Lower: 0
- Bathrooms Full: 5
- Bathrooms Half: 0
- Bathrooms Total: 5
- Bedrooms Total: 7
- Bathrooms Total Decimal: 5
Building Interior
- Above Grade Finished Area: 3292
- Above Grade Finished Area Units: Square Feet
- Below Grade Finished Area: 0
- Below Grade Finished Area Units: Square Feet
- Building Area Source: Public Records
- Building Area Total: 3292
- Building Area Units: Square Feet
General Information
- Appliances: Dishwasher, Electric Water Heater, Microwave, Refrigerator
- Basement: Finished
- Fireplace: Yes
- Fireplaces Total: 1
- Flooring: Carpet
- Interior Features: Other
- Laundry Features: Laundry Closet
- Levels: Two
- Living Area: 3292
- Living Area Source: Public Records
- Living Area Units: Square Feet
- Main Level Bathrooms: 3
- Main Level Bedrooms: 4
Exterior
Parking Information
- Parking Features: Detached
- Parking Total: 2
Lot Information
- Frontage Length: Waterfront Footage: 290
- Frontage Type: Waterfront
- Lot Features: Private
- Lot Size Acres: 2.35
- Lot Size Area: 2.35
- Lot Size Source: Public Records
- Lot Size Square Feet: 102366
- Lot Size Units: Acres
- Water Source: Shared Well
Waterfront/View
- Water Body Name: Lake Sinclair
- Waterfront Features: Lake, Seawall
- Waterfront: Yes
Building Exterior/Construction
- Architectural Style: Other
- Attached Garage: No
- Construction Materials: Other, Vinyl Siding
- Patio And Porch Features: Porch, Screened
- Roof: Metal
- Structure Type: House
General Information
- Carport: No
- Exterior Features: Dock, Other
- Fencing: Fenced
- Other Structures: Boat House, Shed(s)
- Sewer: Septic Tank
- Utilities: Phone Available
-
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
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.388 Possum Point Drive Monthly Cost
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
388 Possum Point Drive History
| Date | Value | Agent |
|---|---|---|
| 4/26/2026Source: Georgia MLS | Active |
|
| 4/24/2026Source: Lake Country MLS | April 24, 2026 |
|
| 4/13/2026Source: Georgia MLS | April 13, 2026 |