# 240 Varnes Lane, Lakemont, GA 30552 > **TL;DR:** residential multi family, $1,500,000, built 1986. > A/C. Est. $8,023/mo. Listed 760 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $1,500,000 | | Year Built | 1986 | | Lot Size | 435,600 sqft (10.00 acres) | | Stories | 2 | | Property Type | Residential Multi Family (Other) | | Status | Active | | Days on Market | 760 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $7,585 | | Estimated Insurance | $438 | | **Total** | **$8,023** | ## Nearby Schools - **Elementary:** Rabun - **Middle:** Rabun - **High:** Rabun ## Key Amenities - A/C ## Property Highlights - Built in 1986 - 10.00 acre lot - 2 stories ## Description ### Agent Description THIS PROPERTY IS ZONED MULTI-FAMILY AND CONTAINS 7 BUILDINGS WITH 10 UNITS. THE 7 BUILDINGS CONSIST OF 1 TRIPLEX, 1 DUPLEX, 2 SINGLE WIDE MOBILE HOMES, 2 STUDIO COTTAGES-ONE COTTAGE HAS A LOFT & ALSO A 2/1 CABIN. ALL THE UNITS ARE PRESENTLY LEASED. LISTED ABOVE ARE ONLY 4 BUILDINGS. A COMMUNITY WELL IS USED FOR ALL UNITS. PROPERTY CONSIST OF 4 ACRES AND ADDITIONAL 6 ACRES WITH PLENTY OF ROOM TO EXPAND. TRACT 6 HAS A NOISY BRANCH WITH LOTS OF MOUNTAIN LAUREL, AND A GREAT PRIVATE GET AWAY SPOT TO HIKE, ENJOY, RELAX AND ENJOY THE CLEAN MOUNTAIN AIR. SASSAFRASS KNOLL IS CONVENIENTLY LOCATED OFF OF HWY 441 IN BEAUTIFUL LAKEMONT APPROXIMATELY 5 MILES TO CLAYTON GEORGIA. TRIPLEX AND DUPLEX OFFERED AS SINGLE LISTINGS FOR SALE. 228 (FMLS#7459292)AND 230 (FMLS#7459293) VARNES CALL FOR ADDITIONAL INFORMATION. CURRENT INCOME FROM ALL THESE UNITS ARE $10500. THIS PROPERTY WILL PAY FOR ITSELF! THE PROPERTY IS CURRENTLY ZONED R3 AND THERE ARE ADDITIONAL 6 ACRES AVAILABLE FOR PLENTY OF ROOM FOR MORE DEVELOPMENT! ALL UNITS ARE TENANT OCCUPIED. OWNER PREFERS SHOWINGS TO OCCUR WITH AN ACCEPTABLE OFFER. ## Location - **Address:** 240 Varnes Lane, Lakemont, GA 30552 - **County:** Rabun - **Coordinates:** 34.788738, -83.409824 - **Google Maps:** https://www.google.com/maps?q=34.788738,-83.409824 ## Listing Agent - **Name:** Syed Firoz - **Brokerage:** Virtual Properties Realty - **Broker Phone:** 770-495-5050 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/240-Varnes-Ln_Lakemont_GA_30552_M97284-98917?f=listhub&s=GAMLS&m=10387152&c=propsimple) ## Photos ![240 Varnes Lane - Photo 1](http://lh.rdcpix.com/efa0cafba0aeb7e4fa03e0e7fb448907l-f2794112405r.jpg) ![240 Varnes Lane - Photo 2](http://lh.rdcpix.com/efa0cafba0aeb7e4fa03e0e7fb448907l-f1221765925r.jpg) ![240 Varnes Lane - Photo 3](http://lh.rdcpix.com/efa0cafba0aeb7e4fa03e0e7fb448907l-f1602525057r.jpg) ![240 Varnes Lane - Photo 4](http://lh.rdcpix.com/efa0cafba0aeb7e4fa03e0e7fb448907l-f2802939324r.jpg) ![240 Varnes Lane - Photo 5](http://lh.rdcpix.com/efa0cafba0aeb7e4fa03e0e7fb448907l-f941052155r.jpg) ![240 Varnes Lane - Photo 6](http://lh.rdcpix.com/efa0cafba0aeb7e4fa03e0e7fb448907l-f3120223002r.jpg) ![240 Varnes Lane - Photo 7](http://lh.rdcpix.com/efa0cafba0aeb7e4fa03e0e7fb448907l-f1130175682r.jpg) ![240 Varnes Lane - Photo 8](http://lh.rdcpix.com/efa0cafba0aeb7e4fa03e0e7fb448907l-f2376200305r.jpg) ![240 Varnes Lane - Photo 9](http://lh.rdcpix.com/efa0cafba0aeb7e4fa03e0e7fb448907l-f4217919442r.jpg) ![240 Varnes Lane - Photo 10](http://lh.rdcpix.com/efa0cafba0aeb7e4fa03e0e7fb448907l-f1764651933r.jpg) ![240 Varnes Lane - Photo 11](http://lh.rdcpix.com/efa0cafba0aeb7e4fa03e0e7fb448907l-f1764651933r.jpg) ![240 Varnes Lane - Photo 12](http://lh.rdcpix.com/efa0cafba0aeb7e4fa03e0e7fb448907l-f849984575r.jpg) ![240 Varnes Lane - Photo 13](http://lh.rdcpix.com/efa0cafba0aeb7e4fa03e0e7fb448907l-f2200493199r.jpg) ![240 Varnes Lane - Photo 14](http://lh.rdcpix.com/efa0cafba0aeb7e4fa03e0e7fb448907l-f2930854607r.jpg) ![240 Varnes Lane - Photo 15](http://lh.rdcpix.com/efa0cafba0aeb7e4fa03e0e7fb448907l-f2484114397r.jpg) ![240 Varnes Lane - Photo 16](http://lh.rdcpix.com/efa0cafba0aeb7e4fa03e0e7fb448907l-f3351493560r.jpg) ![240 Varnes Lane - Photo 17](http://lh.rdcpix.com/efa0cafba0aeb7e4fa03e0e7fb448907l-f2069308316r.jpg) ![240 Varnes Lane - Photo 18](http://lh.rdcpix.com/efa0cafba0aeb7e4fa03e0e7fb448907l-f2246486295r.jpg) ![240 Varnes Lane - Photo 19](http://lh.rdcpix.com/efa0cafba0aeb7e4fa03e0e7fb448907l-f2483903469r.jpg) --- **MLS#:** 10387152 | **Updated:** 2026-10-20 **Source:** listhub *Copyright © 2026 Georgia Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://staging.propertysimple.ai/listing/240-varnes-lane-lakemont-ga-30552-9e9ca922cc6947b0a7df50a8aae6006c) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://staging.propertysimple.ai/listing/240-varnes-lane-lakemont-ga-30552-9e9ca922cc6947b0a7df50a8aae6006c#listing", "url": "https://staging.propertysimple.ai/listing/240-varnes-lane-lakemont-ga-30552-9e9ca922cc6947b0a7df50a8aae6006c", "name": "240 Varnes Lane, Lakemont, GA 30552", "description": "THIS PROPERTY IS ZONED MULTI-FAMILY AND CONTAINS 7 BUILDINGS WITH 10 UNITS. THE 7 BUILDINGS CONSIST OF 1 TRIPLEX, 1 DUPLEX, 2 SINGLE WIDE MOBILE HOMES, 2 STUDIO COTTAGES-ONE COTTAGE HAS A LOFT & ALSO A 2/1 CABIN. ALL THE UNITS ARE PRESENTLY LEASED. LISTED ABOVE ARE ONLY 4 BUILDINGS. A COMMUNITY WELL IS USED FOR ALL UNITS. PROPERTY CONSIST OF 4 ACRES AND ADDITIONAL 6 ACRES WITH PLENTY OF ROOM TO EXPAND. TRACT 6 HAS A NOISY BRANCH WITH LOTS OF MOUNTAIN LAUREL, AND A GREAT PRIVATE GET AWAY SPOT TO HIKE, ENJOY, RELAX AND ENJOY THE CLEAN MOUNTAIN AIR. SASSAFRASS KNOLL IS CONVENIENTLY LOCATED OFF OF HWY 441 IN BEAUTIFUL LAKEMONT APPROXIMATELY 5 MILES TO CLAYTON GEORGIA. TRIPLEX AND DUPLEX OFFERED AS SINGLE LISTINGS FOR SALE. 228 (FMLS#7459292)AND 230 (FMLS#7459293) VARNES CALL FOR ADDITIONAL INFORMATION. CURRENT INCOME FROM ALL THESE UNITS ARE $10500. THIS PROPERTY WILL PAY FOR ITSELF! THE PROPERTY IS CURRENTLY ZONED R3 AND THERE ARE ADDITIONAL 6 ACRES AVAILABLE FOR PLENTY OF ROOM FOR MORE DEVELOPMENT! ALL UNITS ARE TENANT OCCUPIED. 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