# 388 Possum Point Drive, Eatonton, GA 31024

> **TL;DR:** 1bd/1ba single family, $1,500,000 ($456/sqft), built 1991, 3,292 sqft.
> Fireplace, Waterfront, View, A/C. Est. $6,500/mo. Listed 2 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $1,500,000 |
| Price/sqft | $456 |
| Bedrooms | 1 |
| Bathrooms | 1 full |
| Square Feet | 3,292 |
| Year Built | 1991 |
| Lot Size | 102,366 sqft (2.35 acres) |
| Stories | 2 |
| Property Type | Single Family (Single Family Residence) |
| Status | For Sale |
| Days on Market | 2 |

## Why This Home Stands Out

- **Waterfront** - Direct water access
- **Views** - Lake

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $6,500 |
| **Total** | **$6,500** |

## Nearby Schools

- **Elementary:** Putnam
- **Middle:** Putnam County
- **High:** Putnam

## Key Amenities

- Fireplace
- Waterfront
- View
- A/C

## Property Highlights

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

## Description

### 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 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

- **Address:** 388 Possum Point Drive, Eatonton, GA 31024
- **County:** Putnam
- **Neighborhood:** POSSUM POINT
- **Coordinates:** 33.235707, -83.287402
- **Google Maps:** https://www.google.com/maps?q=33.235707,-83.287402

## Listing Agent

- **Name:** Margaret Decker
- **Brokerage:** Lake Homes Realty LLC
- **Phone:** 4044016688
- **Email:** doubledecker99@bellsouth.net

## Primary Photo

![388 Possum Point Drive - Primary Photo](http://lh.rdcpix.com/d6ac9b589859cc2930c286f254100b75l-f2760688538r.jpg)

*74 total photos available on [listing page](https://www.propertysimple.com/listing/388-possum-point-drive-eatonton-ga-31024-10731129)*

---

**MLS#:** 10731129 | **Updated:** 2026-04-24
**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://www.propertysimple.com/listing/388-possum-point-drive-eatonton-ga-31024-10731129)

---

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