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388 Possum Point Drive

Eatonton, GA 31024

Larry Wise
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615-738-0015
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Possum Point
282 Possum Point Drive, Eatonton
154 Possum Point Drive, Eatonton
Smart Mortgage Options
Dalton Carter
Lender
Lic. 1566538
Office:
Direct: 678-425-4140
AP Mortgage
340 Jesse Jewell Parkway
Suite 500A
Gainesville, GA 30501
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For Sale
MLS Number 10731129
7 Bedrooms
5 Bathrooms
0 Half Baths
3,292 Square Feet *estimated
Summary of 388 Possum Point Drive
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
Set in the popular Possum Point neighborhood, this 7-BR, 5-BA home offers a comfortable blend of space, style, and function. Inside, the home offers 3,292 square feet of finished living space, giving plenty of room for everyday living and easy entertaining. The kitchen functions as the heart of the home with ample counter space, storage, and a natural connection to the main living areas. A central family room and dining area provide a welcoming place to unwind, gather, and enjoy time together. The outdoor space includes approximately 2.35 acres, ideal for gardening, outdoor activities, or simply enjoying the seasons. With parking available for multiple vehicles, the home provides flexible options for families and visitors. Set within Possum Point in Eatonton, this home is close to schools, shopping, dining, and area attractions. With roughly 5 days on the market, this property stands out for condition and location. At $1,500,000, this home is well positioned for buyers seeking value in Eatonton.
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388 Possum Point Drive - Map & Directions
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Facts & features
School District Information
High School
Middle School
Elementary School
Additional Information about
Possum Point
Association
No
Community Features
Lake
Additional Information about
388 Possum Point Drive
County
Neighborhood
Year Built
1991
Appliances
Dishwasher
Electric Water Heater
Microwave
Refrigerator
Basement
Finished
Construction Materials
Other
Vinyl Siding
Cooling
Central Air
Electric
Exterior Features
Dock,Other
Flooring
Carpet
Heating
Central
Electric
Home Warranty
No
Laundry Features
Laundry Closet
Levels
Two
Financing Available
Cash
Other
Other Structures
Boat House,Shed(s)
Patio and Porch Features
Porch
Screened
Selling Status
Resale
Roof
Metal
Rooms
Great Room
Sewer Type
Septic Tank
Total Finished Area
3,292
Total Fire Places
1
Utilities
Phone Available
Water Source
Shared Well
Finished Basement
Yes
Land Information
Lot Size
2 to 5 Acres
Lot Features
Private
Lot Size Estimated
2.35
Fencing
Fenced
View
Lake
Water Front Features
Lake,Seawall
Waterfront Frontage
290
Lake Front
Yes
Garages and Parking Information
Parking Total
2
Parking Features
Detached
Detached Garage
Yes
Tax Information
Taxes
$5,477
Tax Year
2024
Tax ID Number
088B172
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listed by real estate agent and lake homes realty llc