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388 Possum Point Drive, 
Eatonton, GA 31024

$1,500,000

7

Beds

5

Baths

3,292

Sq Ft

Single Family

Virtual Tour

Active

Listed by

Margaret Decker

Lake Homes Realty LLC.

Last updated:

April 19, 2026, 10:51 AM

MLS#

10731129

Source:

METROMLS

About This Home

388 Possum Point Drive

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

Home Facts

Single Family

5 Baths

7 Bedrooms

Built in 1991

Price Summary

1,500,000

$455 per Sq. Ft.

MLS #:

10731129

Last Updated:

April 19, 2026, 10:51 AM

Rooms & Interior

Bedrooms

Total Bedrooms:

7

Bathrooms

Total Bathrooms:

5

Full Bathrooms:

5

Interior

Living Area:

3,292 Sq. Ft.

Structure

Structure

Building Area:

3,292 Sq. Ft.

Year Built:

1991

Lot

Lot Size (Sq. Ft):

102,365

Finances & Disclosures

Finances

Price:

$1,500,000

Price per Sq. Ft:

$455 per Sq. Ft.

MLS Logo
2026 Georgia MLS. All rights reserved. Information Deem Reliable But Not Guaranteed April 19, 2026

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.