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    • $1,500,000

    240 Varnes Ln, Lakemont, GA 30552

    30beds
    15baths
    --sqft
    : 
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    Other, Residential Income
    Built in 1986
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    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.
    659 days
    |
    104
    |
    8
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Syed Firoz,

    Virtual Properties Realty.com 470-269-0420

    Source: FMLS GA,MLS#: 7464136MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 30
      • Bathrooms: 15
      Heating
      • Central
      Cooling
      • Ceiling Fan(s), Central Air
      Features
      • Flooring: Carpet
      • Windows: Double Pane Windows
      Video & virtual tour

      Property

      Parking
      • Parking features: Level Driveway
      • Has uncovered spaces: Yes
      Accessibility
      • Accessibility features: None
      Features
      • Levels: Two
      • Stories: 2
      • Exterior features: No Dock
      • Fencing: Back Yard
      • Has view: Yes
      • View description: City
      • Waterfront features: None
      • Body of water: None
      Lot
      • Size: 10 Acres
      • Features: Private
      Details
      • Parcel number: 046B 005

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Other, Residential Income
      Materials
      • HardiPlank Type
      • Roof: Metal
      Condition
      • Resale
      • New construction: No
      • Year built: 1986

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Public
      • Utilities for property: Electricity Available, Natural Gas Available
      Green energy
      • Green verification: ENERGY STAR Certified Homes
      • Energy efficient items: Appliances
      • Energy generation: None

      Community & HOA

      Community
      • Features: None
      • Security: Carbon Monoxide Detector(s)
      HOA
      • Has HOA: No
      Location
      • Region: Lakemont

      Financial & listing details

      • Annual tax amount: $1,449
      • Date on market: 10/1/2024
      • Cumulative days on market: 660 days
      • Listing terms: 1031 Exchange,Cash,Conventional
      • Electric utility on property: Yes

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $2,009/mo

        Price history

        DateEventPrice
        2/9/2026Price change$1,500,000-6.3%
        Source: FMLS GA #7464136 Report a problem
        10/1/2024Listed for sale$1,600,000
        Source: FMLS GA #7464136 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 30552

        Getting around

        12 / 100
        Car-Dependent
        5 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Rabun County
        • Middle: Rabun County
        • High: Rabun County

        Source: FMLS GA. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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