Active

$330,000

1190 Waterstone Dr, Madison, GA 30650

--beds

--baths

5.49Acres

Residential Lot

Built in ----

5.49 Acres Lot

$-- Zestimate^®

$--/sqft

$54/mo HOA

What's special

Mature hardwoodsElevated building siteGentle rear slope

Hard-to-find 5.49-acre estate lot in Waterstone Farms. Lot 5 offers 300+ feet of width, mature hardwoods, an elevated building site, and a gentle rear slope with potential horse suitability after clearing. Enjoy direct access to community trails, a community boat ramp, and the option to upgrade to a private boat slip. Waterstone Farms features two community-owned lakefront lots, rural-lifestyle covenants, privacy, and lake access just 10 minutes east of Madison on Lake Oconee's quiet north shore.

18 days
103
6

Facts & features

Property

Features

Body of water: Lake Oconee
Frontage length: Total Road Frontage Length: 350

Lot

Size: 5.49 Acres
Features: Level
Residential vegetation: Wooded

Details

Additional structures: None
Parcel number: 051H 005
Special conditions: Agent/Seller Relationship

Utilities & green energy

Sewer: None
Water: None
Utilities for property: Electricity Available, Underground Utilities

Community & HOA

Community

Features: Lake
Subdivision: Waterstone Farms On Lake Oconee

HOA

Has HOA: Yes
HOA fee: $650 annually

Location

Region: Madison

Financial & listing details

Tax assessed value: $137,250
Annual tax amount: $1,230
Date on market: 8/13/2026
Cumulative days on market: 19 days
Listing agreement: Exclusive Right To Sell
Electric utility on property: Yes
Road surface type: Paved

Estimated market value

Not available

Estimated sales range

Not available

$1,918/mo

Price history

Date	Event	Price
8/13/2026	Listed for sale	$330,000+403.8%
Source: GAMLS #10824128 Report a problem
8/14/2019	Sold	$65,500+37.9%
Source: Public Record Report a problem
3/28/2011	Sold	$47,500
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,230 -1.6%	$54,900
2024	$1,251 -1.1%	$54,900 +2%
2023	$1,264 +17.7%	$53,802 +22.5%
2022	$1,074 +58.1%	$43,920 +58.7%
2021	$680 +8.6%	$27,670 +9.6%
2020	$626 +13.2%	$25,254 +15%
2019	$553 +23.2%	$21,960 +25%
2018	$449 -1.3%	$17,568
2017	$455 -28.8%	$17,568 -27.3%
2016	$639	$24,156 +0.1%
2015	$639 -1.1%	$24,120 +9.8%
2014	$646 +12.9%	$21,960 +119.6%
2013	$572	$10,000
2012	--	--
2011	--	--
2010	--	--
2009	--	--