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$1,500,000

  • For Sale
  • Active
  • Multi-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: Multi-Family
  • Source: GAMLS_Atlanta
  • MLS ID: 10387152
  • Updated: 2/12/2026
  • Added to Site: 550 day(s) ago

Parking

  • Parking Features: Parking Pad

Location

  • County: Rabun
  • Driving Directions: PLEASE USE GPS

School Information

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

Community

  • Assoc. Fees Include: None

Heating & Cooling

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

Utilities

  • Water/Sewer: Septic Tank
  • Utility Description: Electricity Individual Meters

Structural Information

  • Construction Status: Resale
  • Basement: Yes
  • Basement Desc.: Finished Bath, Daylight, Exterior Entry, Finished, Full
  • Stories/Levels: Two
  • Year Built: 1986

Lot Features

  • Lot Size (Acres): 10
  • Lot Size Range: 10
  • Lot Size Source: Owner

Water Features

  • Water Front Name: NONE

Financial Considerations

  • Tax Amount: $1,449
  • Tax Year: 2023

Disclosures and Reports

  • Special Conditions: As Is, Investor-Owned

Listing Courtesy of: Virtual Properties Realty.com

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— 240 Varnes Ln —

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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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Listing Courtesy of: Virtual Properties Realty.com

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240 Varnes Lane, Lakemont, GA 30552 (MLS# 10387152) is a Multi-Family property with 10 units containing 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 Multi-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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