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  • Price$1,500,000
  • Beds7
  • Baths5
  • SQ. Feet3,292
  • Acres2.35
  • Built1991

388 Possum Point Drive, Eatonton

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

Essential Information

  • MLS® #70842
  • Price$1,500,000
  • Bedrooms7
  • Bathrooms5.00
  • Full Baths5
  • Square Footage3,292
  • Acres2.35
  • Year Built1991
  • TypeResidential
  • Sub-TypeSingle Family, Lake Comm Home
  • StyleTraditional
  • StatusBACK ON MARKET
  • Lake AccessPrivate Access
  • Dock ViewDouble Stall Boathouse

Amenities

  • FeaturesShed
  • Garages2 Car Detached
  • Is WaterfrontYes
  • WaterfrontLakefront

Exterior

  • ExteriorVinyl
  • Exterior FeaturesPorch, Screened Porch
  • Lot DescriptionGentle Slope, Level
  • RoofAsphalt/Comp Shingle

Listing Details

  • Listing OfficeLake Homes Realty

Community Information

  • Address388 Possum Point Drive
  • AreaLake Sinclair Area
  • SubdivisionPOSSUM POINT
  • CityEatonton
  • CountyPutnam
  • StateGA
  • Zip Code31024

Interior

  • InteriorCarpet, Vinyl
  • AppliancesBuilt in Microwave, Dishwasher, Refrigerator, Vent Hood
  • HeatingCentral, Electric
  • CoolingCentral Electric
  • Has BasementYes
  • BasementFull Finished Basement
  • Stories2 Story

Additional Information

  • Date ListedApril 24th, 2026
  • ZoningResidential
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