Date
Details
Price
Change
Source
4/12/2026
Listed
$1,500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/74
$1,500,000
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Property 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
Full Property Details
Full Property Details for 388 Possum Point Dr
General
- Price: $1,500,000
- Taxes: $5,477 (2024)
- Status: Active
- Type: Single Family
- Source: GAMLS_Atlanta
- MLS ID: 10731129
- Updated: 4/27/2026
- Added to Site: 48 day(s) ago
Interior
- Rooms/Areas: Great Room
- Interior Features: Other
- Fireplace: Yes
- Number of Fireplaces: 1
- Appliances: Dishwasher, Electric Water Heater, Microwave, Refrigerator
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 5
- Upper Floor Baths: 2
- Upper - Full Baths: 2
- Main - Full Baths: 3
Bedrooms
- Total Bedrooms: 7
- Bedrooms Upper: 3
- Bedrooms-Up1: 3
- Bedrooms Main: 4
Other Rooms
- Laundry: Laundry Closet
Exterior
- Exterior Features: Dock, Other
Parking
- Parking Features: Detached
Location
- County: Putnam
- Driving Directions: Pea Ridge to Possum Point. left at stop sign house about 2 miles on right.
School Information
- Elementary School: Putnam
- Middle School: Putnam County
- High School: Putnam
Community
- Assoc. Fees Include: None
Heating & Cooling
- Cooling Type: Central Air, Electric
- Heating Type: Central, Electric
Utilities
- Water/Sewer: Septic Tank
Structural Information
- Architectural Style: Other
- Construction Status: Resale
- Basement Desc.: Finished
- Roof: Metal
- Stories/Levels: Two
- Living Area: 3,292 Sq. Ft.
- Finished Total: 3,292 Sq. Ft.
- Finished Above Grnd: 3,292 Sq. Ft.
- Year Built: 1991
Lot Features
- Property View: Lake
- Lot Size (Acres): 2.35
- Lot Size Range: 2.35
- Lot Size Source: Public Records
- Lot Description: Private
Water Features
- Water Front: Yes
- Water Front Name: Lake Sinclair
- Lake Front: Yes
Financial Considerations
- Tax Amount: $5,477.35
- Tax Year: 2024
Listing Courtesy of: Lake Homes Realty LLC
We Value Your Privacy
We Value Your Privacy
We Value Your Privacy
Listing agent
— 388 Possum Point Dr —
Lake Homes Realty LLC
8665253466
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 388 Possum Point Dr
School District:Putnam County School District
| Name | Grades | Distance |
|---|---|---|
Putnam County Primary School 162 Old Glenwood Springs Road, Eatonton, GA 31024 | PK-2 | 8.2 mi |
Putnam County Elementary School 314 South Washington Avenue, Eatonton, GA 31024 | 3-5 | 8.4 mi |
Putnam County Middle School 140 Sparta Highway, Eatonton, GA 31024 | 6-8 | 8.3 mi |
Putnam County High School 300 War Eagle Road, Eatonton, GA 31024 | 9-12 | 13.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 388 Possum Point Dr
Tax History
Tax History for 388 Possum Point Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,305
124%
$393,062
24%
2024
$3,262
-41%
$317,989
4%
2023
$5,536
42%
$306,707
79%
2021
$3,908
-3%
$171,525
-14%
2022
$4,024
3%
$200,406
23%
2021
$3,908
—
$163,544
3%
2019
$3,900
11%
$158,572
13%
2018
$3,514
11%
$140,670
—
2017
$3,172
—
$140,670
—
2016
$3,175
4%
$140,670
—
2015
$3,060
—
$140,670
—
2014
$3,064
-1%
$140,670
—
2013
$3,086
—
$140,670
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 388 Possum Point Dr
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388 Possum Point Drive, Eatonton, GA 31024 (MLS# 10731129) is a Single Family property with 7 bedrooms and 5 full bathrooms. 388 Possum Point Drive is currently listed for $1,500,000 and was received on April 12, 2026. Want to learn more about 388 Possum Point Drive? Do you have questions about finding other Single Family real estate for sale in Eatonton? You can browse all Eatonton real estate or contact a Coldwell Banker agent to request more information.