LKV Realty
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$1,500,000
240 Varnes Lane, Lakemont, GA 30552Listing ID 7464136

240 Varnes Lane, Lakemont, GA 30552

Active
Time on site: 683 daysLast updated: May 8, 2026
Property Type
Property Type
Residential Income
Property Sub Type
Property Sub Type
Other
Acres
Acres
10
Days on Site
Days on Site
682
Cooling
Cooling
Ceiling Fan(s), Central Air
Heating
Heating
Central
Year Built
Year Built
1986
Parking
Parking
Level Driveway

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.

Property Information

Property Details

Location

Address
240 Varnes Lane
County
Rabun - GA
City
Lakemont
Zip Code
30552
High School
Rabun County
Elementary School
Rabun County
Virtual Properties Realty.com, (770) 495-5050

Interior Features

Heating and Cooling

Cooling
Ceiling Fan(s), Central Air
Heating
Central

Building

Building Information

Year Built
1986
Construction
HardiPlank Type
Roof
Metal
Condition
Resale

Property Taxes

Tax Annual Amount
$1,449
Tax Year
2023

Market Report for 30552

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: First Multiple Listing Service
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For corrections to this data please contact Brytecore MLS Support.

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