Hi There! Is this Your First Time?

Did you know if you Register you have access to free search tools including the ability to save listings and property searches? Did you know that you can bypass the search altogether and have listings sent directly to your email address? Check out our how-to page for more info.

  • Price$1,600,000
  • Acres10.00
  • Built1986

240 Varnes Lane, Lakemont

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.

Inquire! Request a Showing Add to Favorites Print this Listing

Essential Information

  • MLS® #10387152
  • Price$1,600,000
  • Bathrooms0.00
  • Acres10.00
  • Year Built1986
  • TypeResidential Income
  • StatusActive

Amenities

  • UtilitiesElectricity Individual Meters
  • ParkingParking Pad

Exterior

  • ConstructionVinyl Siding, Block, Brick, Wood Siding

Additional Information

  • Days on Market272

Community Information

  • Address240 Varnes Lane
  • SubdivisionNone
  • CityLakemont
  • CountyRabun
  • StateGA
  • Zip Code30552

Interior

  • HeatingCentral
  • CoolingCentral Air, Ceiling Fan(s)
  • StoriesTwo

School Information

  • ElementaryRabun County Primary/Elementar
  • MiddleRabun County
  • HighRabun County

Listing Details

  • Listing Provided Courtesy Of Virtual Properties Realty.com

Price Change History for 240 Varnes Lane, Lakemont, GA (MLS® #10387152)

Date Details Price Change
Active (from New) – –
Please provide a valid email address.

Georgia MLS Logo The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of Georgia MLS. Real estate listings held by brokerage firms other than Go Realty Of Georgia & Alabam are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable But Not Guaranteed.

The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.

Copyright 2025 Georgia MLS. All rights reserved.

Listing information last updated on July 1st, 2025 at 12:01pm CDT.