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240 Varnes Lane

Lakemont, GA 30552
  • $1,500,000
  • STATUS: Active
  • ON SITE: 710 Days
  • MLS #: 7464136
UPDATED: 75 min ago
$1,500,000
  • 0
    BEDS
  • 10
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Na
Type:
Multi-Family
Built:
1986
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

THIS PROPERTY IS ZONED MULTI-FAMILY AND CONTAINS 7 BUILDINGS WITH 10 UNITS. THE 7 BUILDINGS CONSIST OF 1 TRIPLEX, 1 DUPLEX, 2 SINGLE WIDE MOBILE HOMES, 2 STUDIO COTTAGES-ONE COTTAGE HAS A LOFT & ALSO A 2/1 CABIN. ALL THE UNITS ARE PRESENTLY LEASED. LISTED ABOVE ARE ONLY 4 BUILDINGS. A COMMUNITY WELL IS USED FOR ALL UNITS. PROPERTY CONSIST OF 4 ACRES AND ADDITIONAL 6 ACRES WITH PLENTY OF ROOM TO EXPAND. TRACT 6 HAS A NOISY BRANCH WITH LOTS OF MOUNTAIN LAUREL, AND A GREAT PRIVATE GET AWAY SPOT TO HIKE, ENJOY, RELAX AND ENJOY THE CLEAN MOUNTAIN AIR. SASSAFRASS KNOLL IS CONVENIENTLY LOCATED OFF OF HWY 441 IN BEAUTIFUL LAKEMONT APPROXIMATELY 5 MILES TO CLAYTON GEORGIA. TRIPLEX AND DUPLEX OFFERED AS SINGLE LISTINGS FOR SALE. 228 (FMLS#7459292)AND 230 (FMLS#7459293) VARNES CALL FOR ADDITIONAL INFORMATION. CURRENT INCOME FROM ALL THESE UNITS ARE $10500. THIS PROPERTY WILL PAY FOR ITSELF! THE PROPERTY IS CURRENTLY ZONED R3 AND THERE ARE ADDITIONAL 6 ACRES AVAILABLE FOR PLENTY OF ROOM FOR MORE DEVELOPMENT! ALL UNITS ARE TENANT OCCUPIED. OWNER PREFERS SHOWINGS TO OCCUR WITH AN ACCEPTABLE OFFER.

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First MLS logo Listings identified with the FMLS IDX logo come from FMLS, are held by brokerage firms other than the owner of this website and the listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work, please click here to review our DMCA policy and learn how to submit a takedown request. © 2026 First Multiple Listing Service, Inc. Data last updated 2026-09-12T15:05:21.033. For issues regarding this website, please contact BoomTown.
www.therealtyqueen.com/homes/156087567
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240 Varnes Lane Lakemont, GA 30552

  • Price: $1,500,000
  • Status: Active
  • On Site: 710 Days
  • Updated: 75 min ago
  • MLS #: 7464136
0
Beds
0
Baths
0
½ Baths
10
Acres
1986
Built
Neighborhood:
Na
County:
Rabun - Ga
Area:
Rabun - Ga
Elementary School:
Rabun County
Middle School:
Rabun County
High School:
Rabun County
Property Description
THIS PROPERTY IS ZONED MULTI-FAMILY AND CONTAINS 7 BUILDINGS WITH 10 UNITS. THE 7 BUILDINGS CONSIST OF 1 TRIPLEX, 1 DUPLEX, 2 SINGLE WIDE MOBILE HOMES, 2 STUDIO COTTAGES-ONE COTTAGE HAS A LOFT & ALSO A 2/1 CABIN. ALL THE UNITS ARE PRESENTLY LEASED. LISTED ABOVE ARE ONLY 4 BUILDINGS. A COMMUNITY WELL IS USED FOR ALL UNITS. PROPERTY CONSIST OF 4 ACRES AND ADDITIONAL 6 ACRES WITH PLENTY OF ROOM TO EXPAND. TRACT 6 HAS A NOISY BRANCH WITH LOTS OF MOUNTAIN LAUREL, AND A GREAT PRIVATE GET AWAY SPOT TO HIKE, ENJOY, RELAX AND ENJOY THE CLEAN MOUNTAIN AIR. SASSAFRASS KNOLL IS CONVENIENTLY LOCATED OFF OF HWY 441 IN BEAUTIFUL LAKEMONT APPROXIMATELY 5 MILES TO CLAYTON GEORGIA. TRIPLEX AND DUPLEX OFFERED AS SINGLE LISTINGS FOR SALE. 228 (FMLS#7459292)AND 230 (FMLS#7459293) VARNES CALL FOR ADDITIONAL INFORMATION. CURRENT INCOME FROM ALL THESE UNITS ARE $10500. THIS PROPERTY WILL PAY FOR ITSELF! THE PROPERTY IS CURRENTLY ZONED R3 AND THERE ARE ADDITIONAL 6 ACRES AVAILABLE FOR PLENTY OF ROOM FOR MORE DEVELOPMENT! ALL UNITS ARE TENANT OCCUPIED. OWNER PREFERS SHOWINGS TO OCCUR WITH AN ACCEPTABLE OFFER.
Exterior Features

Construction Materials HardiPlank Type Dock None Fencing Back Yard Lot Features Private Parking Features Level Driveway Pool Private YN No Roof Type Metal Stories Two View City Waterfront Features None Window Features Double Pane Windows

Interior Features

Cooling Ceiling Fan(s)Central Air Flooring Carpet Furnished Unfurnished Heating Central

Property Features

Accessibility Features None Association YN No Community Features None Green Building Certifications ENERGY STAR Certified Homes Green Energy Efficient Appliances Green Energy Generation None Home Warranty No Lot Size Dimensions x Number Of Units Total 10 Property Attached YN No Property Condition Resale Proposed Financing 1031 ExchangeCashConventional School Bus Route Elementary Yes School Bus Route High Yes School Bus Route Middle Yes Security Features Carbon Monoxide Detector(s) Sewer Septic Tank Special Circumstances Investor OwnedSold As/Is Tax Year 2023 Taxes 1449 Type Other Utilities Electricity AvailableNatural Gas Available Water Source Public

Listing provided courtesy of Virtual Properties Realty.com: 470-269-0420.


First MLS logo Listings identified with the FMLS IDX logo come from FMLS, are held by brokerage firms other than the owner of this website and the listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work, please click here to review our DMCA policy and learn how to submit a takedown request. © 2026 First Multiple Listing Service, Inc. Data last updated 2026-09-12T15:05:21.033. For issues regarding this website, please contact BoomTown.
 
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