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About This Home

This 1-bedroom, 1-bathroom single family at 388 Possum Point Drive in Eatonton, GA is listed for $1,500,000 ($456 per sqft). Built in 1991, the home offers 3,292 sqft of living space on a 2.35 acres lot.

Agent 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 : 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 ho

okups, 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

Key Features

  • Built in 1991
  • 2.35 acre lot
  • 2 stories
  • 2 parking spaces
  • Fireplace
  • Waterfront

Property Details

2 stories
1 full
2 spaces
1991

Amenities

FireplaceWaterfrontViewA/C

Monthly Cost Estimate

$8,022/mo

20% down · 6.5% · 30 years

Principal$1,085
Interest$6,500
Insurance$438

Estimates only. Actual payments may vary.

Location

388 Possum Point Drive

Eatonton, GA 31024

POSSUM POINT

Features & Amenities

Exterior Features

Dock

Property Details

Flooring

Carpet

Construction

Vinyl Siding

Views

Lake

Pool Features

Porch

Heating

CentralElectric (Heating)

Cooling

Central AirElectric

Appliances

DishwasherElectric Water HeaterMicrowaveRefrigerator

Questions & Answers

This 1-bedroom, 1-bathroom single family at 388 Possum Point Drive is listed at $1,500,000 ($456/sqft). The estimated monthly payment is $6,500 based on 20% down at 6.5% interest.

Key features include: Built in 1991, 2.35 acre lot, 2 stories, 2 parking spaces, Fireplace, Waterfront. Exterior Features: Dock.

This property is listed by Margaret Decker and can be reached at 4044016688 or doubledecker99@bellsouth.net.

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MD

Margaret Decker

Agent at Lake Homes Realty LLC

(404) 401-6688

Listed by Lake Homes Realty LLC · View on Broker Site

MLS# 10731129· Source: listhub· Updated 2 days ago

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.

388 Possum Point Drive, Eatonton, GA 31024

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