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$1,500,000

  • For Sale
  • Active
  • Single Family
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This Property Is Zoned Multi-Family and Contains 7 Buildings With 10 Units. The 7 Buildings Consist Of 1 Triplex, 1 Duplex, 2 Single Wide Mobile Homes, 2 Studio Cottages-One Cottage Has A Loft & Also A 2/1 Cabin. All The Units Are Presently Leased. Listed Above Are Only 4 Buildings. A Community Well Is Used For All Units. Property Consist Of 4 Acres and Additional 6 Acres With Plenty Of Room To Expand. Tract 6 Has A Noisy Branch With Lots Of Mountain Laurel, and A Great Private Get Away Spot To Hike, Enjoy, Relax and Enjoy The Clean Mountain Air. Sassafrass Knoll Is Conveniently Located Off Of Hwy 441 in Beautiful Lakemont Approximately 5 Miles To Clayton Georgia. Triplex and Duplex Offered As Single Listings For Sale. 228 (Fmls#7459292)And 230 (Fmls#7459293) Varnes Call For Additional Information. Current Income From All These Units Are $10500. This Property Will Pay For Itself! The Property Is Currently Zoned R3 and There Are Additional 6 Acres Available For Plenty Of Room For More Development! All Units Are Tenant Occupied. Owner Prefers Showings To Occur With An Acceptable Offer.

Full Property Details for 240 Varnes Ln

General

  • Price: $1,500,000
  • Taxes: $1,449 (2023)
  • Status: Active
  • Type: Single Family
  • Source: FMLS_Atlanta
  • MLS ID: 7464136
  • Updated: 2/9/2026
  • Added to Site: 550 day(s) ago

Interior

  • Flooring: Carpet

Additional Information

  • Amenities: None
  • Security/Safety: Carbon Monoxide Detector(s)

Parking

  • Parking Features: Level Driveway

Location

  • County: Rabun
  • Subdivision: NA
  • Driving Directions: PLEASE USE GPS

School Information

  • Elementary School: Rabun County
  • Middle School: Rabun County
  • High School: Rabun County

Heating & Cooling

  • Cooling Type: Ceiling Fan(s), Central Air
  • Heating Type: Central

Utilities

  • Sewer: Septic Tank
  • Water: Public
  • Utility Description: Electricity Available, Natural Gas Available

Structural Information

  • Detached/Attached: Detached
  • Exterior Const.: HardiPlank Type
  • Roof: Metal
  • Windows: Double Pane Windows
  • Stories/Levels: Two
  • Year Built: 1986
  • Property Condition: Resale

Lot Features

  • Property View: City
  • Lot Size (Acres): 10
  • Lot Size Source: Owner
  • Lot Dimensions: x
  • Lot Features: Private
  • Fencing (Description): Back Yard

Water Features

  • Docks: None

Financial Considerations

  • Tax Amount: $1,449
  • Tax Year: 2023
  • Terms: 1031 Exchange, Cash, Conventional

Disclosures and Reports

  • Property ID: 046B 005

Listed by Virtual Properties Realty.com

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— 240 Varnes Ln —

  • Virtual Properties Realty.com

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NMLS#: 1598647

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Schools serving 240 Varnes Ln

School District:Rabun County School District
NameGradesDistance
Rabun County Primary School
801 E Boggs Mountain Rd, Tiger, GA 30576
PK-22.5 mi
Rabun County High School
230 Wildcat Hill Drive, Tiger, GA 30576
9-122.8 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 240 Varnes Ln Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/09/2026
Price Reduced
$1,500,000
-6.25%
MLS
10/01/2024
Listed
$1,600,000
—
MLS
Get Price Alerts and Save Property
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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FMLS - Atlanta logo

Listings identified with the FMLS IDX logo come from FMLS, are held by brokerage firms other than the owner of this website and the listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work, please click here to review our DMCA policy and learn how to submit a takedown request. © 2026 First Multiple Listing Service, Inc. Last Updated Apr 3 2026 9:6PM

240 Varnes Lane, Lakemont, GA 30552 (MLS# 7464136) is a Single Family property with 0 bedrooms and 0 full bathrooms. 240 Varnes Lane is currently listed for $1,500,000 and was received on October 01, 2024. Want to learn more about 240 Varnes Lane? Do you have questions about finding other Single Family real estate for sale in Lakemont? You can browse all Lakemont real estate or contact a Coldwell Banker agent to request more information.

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