Why Live in Lakemont
Lakemont, GA, nestled in northeast Georgia near the Georgia-South Carolina state line, is a rural community characterized by its lakefront properties and dense forests. The area is renowned for outdoor recreation, including hiking, fishing, and camping around Lake Rabun and Lake Seed. The Lake Rabun Beach Recreation Area, open from April through October, offers camping, fishing, and swimming, while Tallulah Gorge State Park features waterfalls, a climbing wall, and scenic trails. Lakemont’s housing options range from rustic cabins and mountain retreats to luxurious custom lakefront properties with private docks. The community is served by highly rated Rabun County Schools, including Rabun County Primary School, Rabun County Elementary, Rabun County Middle, and Rabun County High School. Tallulah Falls School provides a private education option for grades six through twelve. Dining in Lakemont includes The Open Door at Alley’s Ol’ Store, a casual restaurant with a gift shop, and Max’s Lakeside, which serves pizza and sandwiches by Lake Rabun. The Swing Bar, located beneath Max’s Lakeside, offers cocktails with a unique twist—rope swings hanging from the ceiling. Retail options are limited to Rabun Beach Grocery, with more extensive shopping available in Clayton, 8 miles away. Lakemont is a car-dependent community about 100 miles northeast of Atlanta, with Hartsfield-Jackson Atlanta International Airport located 110 miles away. Emergency services are accessible at Mountain Lakes Medical Center, 10 miles north.
Frequently Asked Questions
What is the average home price in Lakemont, GA?
Homes for sale in Lakemont, GA have an average home price of $1,215,158.
Are home prices dropping in Lakemont?
Yes, home prices in Lakemont are down 10% in the last 12 months.
How many homes have sold over the last 12 months in Lakemont, GA?
52 homes have sold in Lakemont, GA over the last 12 months.
What are the most popular zip codes in Lakemont, GA?
How much do you need to make to afford a house in Lakemont?
The median home price in Lakemont is $625,000. If you put a 20% down payment of $125,000 and had a 30-year fixed mortgage with an interest rate of 6.72%, your estimated principal and interest payment would be $3,230 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $138K a year to afford the median home price in Lakemont.
How are the schools in Lakemont, GA?
Home Trends in Lakemont, GA
On average, homes in Lakemont, GA sell after 60 days on the market compared to the national average of 50 days. The median sale price for homes in Lakemont, GA over the last 12 months is $567,500, up 14% from the median home sale price over the previous 12 months.
Median Sale Price
$567,500
Median Single Family Sale Price
$599,900
Average Price Per Sq Ft
$417
Number of Homes for Sale
25
Last 12 months Home Sales
52
Median List Price
$625,000
Median Change From 1st List Price
7%
Median Home Sale Price YoY Change
14%
