1190 Waterstone Drive, Madison, GA 30650 - Photo 1

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$330,000

For Sale
Active
Land Residential
5.49 Acres
Updated 11 days ago

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Property Description

Hard-to-find 5.49-acre estate lot in Waterstone Farms. Lot 5 offers 300+ feet of width, mature hardwoods, an elevated building site, and a gentle rear slope with potential horse suitability after clearing. Enjoy direct access to community trails, a community boat ramp, and the option to upgrade to a private boat slip. Waterstone Farms features two community-owned lakefront lots, rural-lifestyle covenants, privacy, and lake access just 10 minutes east of Madison on Lake Oconee's quiet north shore.

Full Property Details

Full Property Details for 1190 Waterstone Dr

General

Price: $330,000
HOA FEE: $650
Taxes: $1,230 (2018)
Status: Active
Type: Land Residential
Source: GAMLS_Atlanta
MLS ID: 10824128
Updated: 8/27/2026
Added to Site: 28 day(s) ago

Location

County: Morgan
Driving Directions: I-20 Exit 121 (Buckhead). North to stop, left then right over railroad tracks; 2nd right onto Apalachee River Rd. Subdivision on right.

School Information

Elementary School: Morgan
Middle School: Morgan
High School: Morgan

Utilities

Utility Description: Electricity Available, Underground Utilities

Structural Information

Current Bldg. Use: Subdivision

Additional Structures

Other Structures: None

Lot Features

Lot Size (Acres): 5.49
Lot Size Range: 5.49
Lot Size Source: Public Records
Frontage Feet: 350
Present Use: Subdivision
Trees/Vegetation: Wooded
Lot Description: Level

Water Features

Water Front Name: Lake Oconee

Financial Considerations

Association Fee: Yes
Association Fee: $650
Tax Amount: $1,230.36
Tax Year: 2018

Disclosures and Reports

Special Conditions: Agent/Seller Relationship
Restrictions: Yes

Listing Courtesy of: Redeemer Realty

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Schools

Schools serving 1190 Waterstone Dr

School District:Morgan County School District

Name	Grades	Distance
Morgan County Elementary School 1640 Old Buckhead Road, Madison, GA 30650	3-5	5.5 mi
Morgan County Primary School 993 East Avenue, Madison, GA 30650	PK-2	6 mi
Morgan County Middle School 1201 College Drive, Madison, GA 30650	6-8	5.8 mi
Morgan County Charter High School 1231 College Drive, Madison, GA 30650	9-12	5.7 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 1190 Waterstone Dr Get Price Alerts and Save Property

Date

Details

Price

Change

Source

8/13/2026

Listed

$330,000

403.82%

MLS

8/14/2019

Sold

$65,500

—

Public Record

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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History

Tax History for 1190 Waterstone Dr

Year

Property Taxes

Change

Tax Assessment

Change

2025

$1,230

-2%

$54,900

—

2024

$1,251

-1%

$54,900

2%

2023

$1,264

86%

$53,802

94%

2021

$680

-37%

$27,670

-37%

2022

$1,074

58%

$43,920

74%

2021

$680

9%

$25,254

15%

2020

$626

13%

$21,960

25%

2019

$553

23%

$17,568

—

2018

$449

-30%

$17,568

-27%

2016

$639

—

$24,156

—

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 1190 Waterstone Dr

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1190 Waterstone Drive, Madison, GA 30650 (MLS# 10824128) is a Land Residential property with a lot size of 5.49 acres. 1190 Waterstone Drive is currently listed for $330,000 and was received on August 12, 2026. Want to learn more about 1190 Waterstone Drive? Do you have questions about finding other Land Residential real estate for sale in Madison? You can browse all Madison real estate or contact a Coldwell Banker agent to request more information.

1190 Waterstone Dr Madison, GA 30650