Over 200 Feet of Deep Water Shoreline on Fee Simple Lake Rabun This Fee Simple property offers a substantial and rare presence on Lake Rabun, boasting over 200 feet of private lake frontage. Larger than many typical lake parcels, the land provides a sense of privacy and separation that is hard to find. The Waterfront & Boathouse: The expansive shoreline is anchored by a permanent two-story, two-stall boathouse on deep water. This well-positioned structure ensures immediate enjoyment of the lake's best swimming and boating from day one. The Main Residence: The main home is a 5-bedroom, 3-bathroom residence featuring a modern-basic layout-a clean, architectural style that has seen a definitive resurgence in popularity. The floor plan includes a great room with a classic fireplace, a screened porch, and a lakeside deck. While the home is ready for a cosmetic refresh, its functional design makes it perfectly suitable for immediate use or as a comfortable interim residence while you plan a new custom home for this exceptional site. The Timber-Frame Garage Apartment: A standout feature of the property is the expertly crafted timber-frame garage apartment. Main Level: Features a functional room with a kitchen and full bath. Great Room: Boasts soaring ceilings supported by massive, exposed beams and a spacious loft above. Storage: Located beneath the living quarters is a full double garage, providing excellent space for vehicles or lake gear. The Opportunity: Sold AS-IS and priced accordingly for its current condition, this estate offers a rare opportunity to build instant equity in a prime location. Whether you choose to renovate the existing structures or eventually utilize the larger-than-average acreage for a grand custom estate, this property offers a rare combination of significant frontage, deep water, and Fee Simple ownership on Lake Rabun.
Listed By
Agency Name: Poss Realty
Agency Phone: 706-782-2121
Shown By
Agent Name: Rob Smith
Agent Phone:
Agency Title: Crye-Leike Real Estate Services
Estimated Payment
$ 6,119.00 per month $4,896.25 Principal & Interest $581.08 Property Tax $641.67 Homeowner's Insurance
91 Dragway Lane | MLS# 10735566
This single family home located at 91 Dragway Lane, Lakemont, GA 30552 is currently listed for sale with an asking price of $2,200,000. This property was built in 1978 and has 4 bedrooms and 3 full baths with 2656 sq. ft. Dragway Lane is located in the Lake Rabun subdivision. Search Lake Rabun real estate on robsmith.crye-leike.com today.