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388 Possum Point Drive
Eatonton GA 31024 US

$1,500,000

Active Listing ID 10731129
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7 bed
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5.00 Bath (5 Full)
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Lot: 2.35 Acres
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Single Family Residence

$1,500,000

Active Listing ID 10731129
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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

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Property Features

  • Facts
  • Lot Size: 2.35 Acres
  • Property Type: Residential
  • Property Sub-type: Single Family Residence
  • Features
  • Full Bathrooms: 5
  • Cooling System: Central Air, Electric
  • Exterior Finish: Dock
  • Floor Covering: Carpet
  • Roof Type: Metal
  • Heating Fuels: Central, Electric (Heating)
  • Additional Features
  • Fireplace
  • Patio
  • Waterfront

School Information

  • School
  • Putnam(Elementary)
  • Putnam County(MiddleSchool)
  • Putnam(HighSchool)

Property

  • propertytype: Residential
  • propertysubtype: Single Family Residence
  • listprice: 1500000
  • unparsedaddress: 388 Possum Point Drive
  • postalcity: Eatonton
  • stateorprovince: GA
  • country: US
  • postalcode: 31024
  • bathroomsfull: 5
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 2.35
  • lotsizeunits: Acres
  • lotsizearea: 2.35
  • livingarea: 3292
  • livingareaunits: Square Feet
  • latitude: 33.235845
  • longitude: -83.287159
  • listagentfullname: Margaret Decker
  • listagentemail: doubledecker99@bellsouth.net
  • listagentkey: 3yd-GAMLS-DECKERMARGAR
  • listagentmlsid: DECKERMARGAR
  • listagentpreferredphone: 4044016688
  • listagentofficephone: 2059852991
  • listofficekey: 3yd-GAMLS-LHRE01
  • listofficemlsid: LHRE01
  • disclaimer: 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.
  • sourcesystemid: GAMLS
  • yearbuilt: 1991
  • listingcontractdate: 2026-04-12
  • listagenturl: http://www.LakeHomes.com
  • countyorparish: Putnam
  • parcelnumber: 088B172
  • elementaryschool: Putnam
  • highschool: Putnam
  • appliances: Dishwasher, Electric Water Heater, Microwave, Refrigerator
  • cooling: Central Air, Electric
  • constructionmaterials: Vinyl Siding
  • flooring: Carpet
  • heating: Central, Electric (Heating)
  • fireplaceyn: True
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 2
  • roof: Metal
  • view: Lake
  • waterfrontyn: True
  • franchiseaffiliation: None
  • exteriorfeatures: Dock
  • waterfrontfeatures: Lake, Seawall
  • rooms: Bedroom 4, Bathroom 3, Bedroom 7, Bathroom 1, Bedroom 5, Bedroom 6, Bathroom 4, Bedroom 1, Bathroom 2, Bathroom 5, Bedroom 2, Basement, Great Room, Bedroom 3
  • otherstructures: Boat House
  • utilities: Phone Available
  • patioandporchfeatures: Porch
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • fencing: Fenced
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -83.28716, 33.235844
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Lake Homes Realty", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"doubledecker99@bellsouth.net", "ListBrokerageCity":"Pelham", "ListBrokerageCountry":"US", "ListBrokerageEmail":"kdavis@lakehomes.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/GAMLS/7e45f431aaf511e3b23222000b34035d/20140313213502636.png", "ListBrokerageName":"Lake Homes Realty", "ListBrokeragePhone":"(205) 985-2991", "ListBrokeragePostalCode":"35124", "ListBrokerageStateOrProvince":"AL", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"105 Hayesbury Dr, Ste 202", "ListBrokerageWebsiteUrl":"http://www.LakeHomes.com", "ListOfficeAddress1":"500 Corporate Pkwy Suite 500 ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"LHRE01", "ListOfficeCity":"Birmingham", "ListOfficeCountry":"US", "ListOfficeEmail":"lhrbroker@lakehomes.com", "ListOfficePostalCode":"35242", "ListOfficeStateOrProvince":"AL", "ListPriceCurrencyType":"USD", "ListingTitle":"SINGLE_FAMILY - Eatonton, GA", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/388-Possum-Point-Dr_Eatonton_GA_31024_M69103-13359?f=listhub&s=GAMLS&m=10731129&c=rexren", "MLSModificationTimestamp":"2026-04-16 05:33:53", "Neighborhoods":[{"Description":null, "Name":"POSSUM POINT"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":5477, "TaxDescription":null, "TaxYear":"2024"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 4/16/2026 5:58:51 AM GMT
Source Updated Date: 4/16/2026 6:53:35 PM GMT

Courtesy of: Margaret Decker, Lake Homes Realty LLC, doubledecker99@bellsouth.net

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.