388 Possum Point Drive Eatonton, GA $ 1,500,000
388 Possum Point Drive
$ 1,500,000
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388 Possum Point Drive

Eatonton, GA, 31024
$ 1,500,000
Bedrooms7 Baths5.0 Sq 3,292

Monthly Estimate*

$ 9,236

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Single Family Home for sale in Eatonton, GA

for $1,500,000 with 7 bedrooms and 5 full baths. This 3,292 square foot home was built in 1991 on a lot size of 2.35.

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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Single Family Active

Price

$ 1,500,000

Bedrooms

7

Full Bath

5

Property Type

Single Family

Taxes

$ 5,477

Style

Other

Lot Size

2.35

Year Built

1991

Town/City

Eatonton

County/Region

Putnam

MLS | Web ID

10731129

Features
General
Sewer Septic Tank
Heating Central Electric
Cooling Central Air Electric
Utilities Phone Available
Roof Metal
Appliances Dishwasher Electric Water Heater Microwave Refrigerator
HOA Fee 0
Association Fee Includes None
Patio/Porch Features Porch Screened
Architectural Style Other
Construction Materials Other Vinyl Siding
Year Built 1991
View Lake
Levels Two
Property Subtype Single Family Residence
Tax Year 2024
Waterfront Features Lake Seawall
Community Features Lake
County Putnam
New Construction false
Property Type Residential
HOA false
Attached Garage false
Subdivision Name POSSUM POINT
Garage Y/N true
Other Structures Boat House Shed(s)
Full Baths 5
Status New
Directions Pea Ridge to Possum Point. left at stop sign house about 2 miles on right.
High School Putnam
City Eatonton
Body of Water Lake Sinclair
Lot Size Units Acres
Lot Size Square Feet 102366
Carport Y/N false
Elementary School Putnam
Land Lease Y/N false
Tax Annual Amount 5477.35
Home Warranty Y/N false
Middle/Junior High School Putnam County
Property Condition Resale
Virtual Tour https://tour.usamls.net/388-Possum-Point-Drive-Eatonton-GA-31024/unbranded
Structure Type House
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
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Interior
Interior Amenities Other
Basement Finished
Flooring Carpet
Total Fireplaces 1
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N true
Above Grade Finished Area 3292
Half Baths 0
Laundry Features Laundry Closet
Total Bedrooms 7
Below Grade Finished Area 0
Main Level Bedrooms 4
Main Level Bathrooms 3
Below Grade Finished Area Unit Type Square Feet
Above Grade Finished Area Unit Type Square Feet
Total Baths 5
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Exterior
Exterior Amenities Dock Other
Fencing Fenced
Parking Features Detached
Lot Features Private
Water Source Shared Well
Total Parking 2
Lot Size Area 2.35
Building Area Total 3292
Lot Size Acres 2.35
Frontage Length Waterfront Footage: 290
Frontage Type Waterfront
Lot Size Source Public Records
Waterfront Y/N true
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* Excluded Features
List By
Lake Homes Realty Llc

Broker

doubledecker99@bellsouth.net

Email

Affordability Calculator

$9,692
Per Month
95%
5%
0%
Monthly Principal & Interest
$9,236
Monthly Property Taxes
$456
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3042669 Elementary School
0 Middle School
Putnam High School High School
Pricing History
DatePricePrice ChangeDescription
4/13/2026$1,500,000 Listed Price

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388 Possum Point Drive, Eatonton, GA, 31024 is a Single Family Home for sale at $1,500,000 with 3,292 sqft and a lot size of 2.35. 388 Possum Point Drive has 7 bedrooms, 5.0 baths, and was built in 1991. The property's zip code is 31024 which is in Eatonton, GA