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Debby McDermott
REAL ESTATE AGENT
REALTOR®, HEROES, Leading RE Agent
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388 Possum Point Drive, Eatonton, GA 31024

$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

388 Possum Point Drive | MLS# 10731129

This single family home located at 388 Possum Point Drive, Eatonton, GA 31024 is currently listed for sale with an asking price of $1,500,000. This property was built in 1991 and has 7 bedrooms and 5 full baths with 3292 sq. ft. Possum Point Drive is located in the POSSUM POINT subdivision. Search POSSUM POINT real estate on debmcd.watsonrealtycorp.com today.

Property Features

Property Type: Residential - Single Family
Basement: Yes
Basement: Finished
Cooling: Central Air, Electric
Fenced: Yes
Fireplaces: 1
Garage: 2
Heating: Central, Electric
Lot Size: 2.35 Acres
Roof Type: Metal
Stories: 2.0
Taxes: $5,477
Year Built: 1991
Square Feet: 3,292

Feature Descriptions

Additional Rooms: Great Room
Amenities: Lake
Appliances: Dishwasher, Electric Water Heater, Microwave, Refrigerator
Boat Slips: 2
Days on Site: 135
Exterior: Other, Vinyl Siding
Exterior: Dock, Other
Fencing: Fenced
Flooring: Carpet
Frontage: Waterfront
Parking Notes: Detached
Sewer: Septic Tank
Structures: Boat House, Shed(s)
Topography: Private
Utilities: Phone Available
Water: Shared Well
Water: Lake, Seawall

Local Schools

High School: Putnam
Middle School: Putnam County
Elementary School: Putnam

Listed By / Shown By

Listed By

Agency Name: Lake Homes Realty LLC
Agency Phone: 205-985-2991

Shown By

Agent Name: Debby McDermott
Agent Phone: (912) 409-2395 Cell
Agency Title: Watson Realty Corp., REALTORS ®

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Estimated Payment

$ 8,455.07 per month $7,561.16 Principal & Interest $456.42 Property Tax $437.50 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 08/26/2026. The listing information on this page last changed on 08/26/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Wed 08/26/2026 12:00:31 AM EST) or GAMLS (last updated Tue 08/25/2026 11:15:18 PM EST) or Stellar MLS (last updated Tue 08/25/2026 11:44:00 PM EST) or SPC MLS (last updated Tue 08/25/2026 11:21:17 PM EST) or Martin MLS (last updated Tue 08/25/2026 7:22:55 PM EST) or Indian River MLS (last updated Tue 08/25/2026 11:30:07 PM EST) or Daytona MLS (last updated Tue 08/25/2026 11:36:42 PM EST) or Northeast Florida MLS (last updated Tue 08/25/2026 11:58:53 PM EST) or Beaches MLS (last updated Tue 08/25/2026 12:35:31 AM EST) or BORMLS (last updated Tue 08/25/2026 11:16:27 PM EST) or Scout MLS (Golden Isles) (last updated Tue 08/25/2026 7:06:39 AM EST) or Amelia/Nassau MLS (last updated Tue 08/25/2026 11:25:12 PM EST) or Dixie Gilchrist Levy MLS (last updated Tue 08/25/2026 11:42:17 PM EST) or NFLMLS (last updated Tue 08/25/2026 9:04:51 PM EST). Real estate listings held by brokerage firms other than Watson Realty Corp., REALTORS ® may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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