NOT LISTED FOR SALE

1038 Brandon Mill Rd Lakemont, GA 30552

Estimated Value: $1,065,000 - $4,197,708

4 Beds
5 Baths
4,046 Sq Ft
$813/Sq Ft Est. Value

Last Sold August 23, 2024

Last sale price $4,000,000 $989 Per Sq Ft

Est. 18% decrease in value since last sale

Current estimated payment $18,079/month

1 Day on Market

Highlights

  • Boathouse
  • Marina
  • RV or Boat Storage in Community
  • 600 Feet of Waterfront
  • Deep Water Access
  • Lake View

About This Home

As of August 2024

Ideally situated on one of Lake Rabun's largest lots, is this historic lakefront house with big water views and a gradual slope to waters edge. The 5.5+/- wooded acres nestles a unique retreat with unusual privacy on this exceptional point on beautiful Lake Rabun. The charming 1930's cabin with 3 bedrooms, stone fireplace and screened porch has been connected to the 1990's 4 bedroom, 3 bath house. A country kitchen and dining area unite the old with the new. With water views from all sides of the house and privacy, this location on a point provides outstanding advantages. The main level of the modern side of the house boasts an inviting, light filled Living room with fireplace, a primary suite with bath, and a large guest suite with bath. The bright terrace level hosts a large entertaining room with fireplace and two guest rooms with shared bath. A patio off this room expands the entertaining area and offers access to the pathways that lead to the two boathouses and two sandy beaches on either side of the point. The two story, two stall boathouse was constructed to accommodate more modern watercraft while the one story boathouse is home to the antique wooden boat and fishing boat. Enjoy swimming in the two coves that flank this special point or use the sandy beaches on each side. A stone lake wall protects approximately 600 ft of shoreline. The property has a septic permit from the Rabun County Health Dept. for 7 bedrooms which is a rarity on the lake. Make this your second home or primary residence; remodel, renovate or build your dream home on this extraordinary property. Just 20 minutes to Clayton, 10 minutes to Lakemont Village, take the boat to Hall's Boathouse and the Lake Rabun Hotel in just 5 minutes. Convenient access with paved roads and paved driveway to the doorstep. This is a GA Power lease lot and requires a transfer fee.

Last Agent to Sell the Property

Yetty Arp

Atlanta Fine Homes - Sotheby's Int'l License #137229 Listed on: 07/25/2024

Atlanta Fine Homes - Sotheby's Int'l

Last Buyer's Agent

Jenny Doyle

Atlanta Fine Homes - Sotheby's Int'l License #298200

Atlanta Fine Homes - Sotheby's Int'l

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,338

Year Built

  • Built in 1930

Lot Details

  • 5.51 Acre Lot
  • 600 Feet of Waterfront
  • Lake Front
  • Sloped Lot
  • Wooded Lot

Property Views

  • Lake
  • Mountain

Home Design

  • Cabin
  • Block Foundation
  • Metal Roof

Interior Spaces

  • 4,046 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Bookcases
  • Ceiling Fan
  • Entrance Foyer
  • Family Room
  • Living Room with Fireplace
  • 3 Fireplaces
  • Den
  • Screened Porch

Kitchen

  • Country Kitchen
  • Breakfast Area or Nook
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Finished Basement

  • Fireplace in Basement
  • Natural lighting in basement

Parking

  • 6 Parking Spaces
  • Carport

Outdoor Features

  • Deep Water Access
  • Boathouse
  • Deck
  • Patio

Location

  • Property is near schools

Schools

  • Rabun County Primary/Elementar Elementary School
  • Rabun County Middle School
  • Rabun County High School

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Heating System Uses Propane
  • Private Water Source
  • Septic Tank
  • Phone Available
  • Cable TV Available

Community Details

Overview

  • No Home Owners Association
  • Lake Rabun Subdivision

Recreation

  • RV or Boat Storage in Community
  • Marina
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,338

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1930
  • ArchitecturalStyle: Other
  • Financing Type: Cash
  • Levels: One
  • Lot Size Acres: 5.51
  • Other Sturctures: Boat House
  • Property Sub-Type: Single Family Residence
  • Structure Type: Cabin
  • Total Finished Area2: 4046
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Dryer, Washer
  • Bedrooms: 4
  • Basement: Daylight, Finished
  • Total Finished Sq Ft: 4046
  • Above Grade Finished Sq Ft: 4046
  • Interior Amenities: Bookcases, Master On Main Level, Walk-In Closet(s), Wet Bar
  • Feature Name: Rabun
  • Full Bathrooms: 5
  • Fireplace Features: Basement, Living Room
  • Flooring: Hardwood, Tile
  • Kitchen Features: Breakfast Area, Country Kitchen
  • Price Per Square Foot: 988.630

Beds/Baths

  • Lower Level Full Bathrooms: 2
  • Main Level Full Bathrooms: 3
  • Bedroom Lower Level: 2
  • Bedroom Main Level: 2

Exterior Features

  • Waterfront Frontage: 600
  • Common Walls: No Common Walls
  • Construction Materials: Other
  • Foundation Details: Block
  • Lot Features: Sloped
  • Patio And Porch Features: Deck, Patio, Screened
  • Property Condition: Resale
  • Roof: Metal
  • View: Lake, Mountain(s)
  • Waterfront Features: Deep Water Access

Garage/Parking

  • Parking Features: Carport
  • ParkingTotal: 6

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central, Heat Pump, Propane
  • Laundry Features: Other
  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Available, Phone Available
  • Water Source: Private

Condo/Co-op/Association

  • Association: No
  • Community Features: Boat/Camper/Van Prkg, Marina, Park, Walk To Schools

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Rabun County Primary/Elementar
  • High School: Rabun County
  • High School Bus: No
  • Middle School: Rabun County
  • Middle School Bus: No
  • Elementary School: Rabun County Primary/Elementar
  • Middle School: Rabun County
  • High School: Rabun County

Multi Family

  • Total Fireplaces: 3

Tax Info

  • Year: 2023
  • Tax Annual Amount: 3338

MLS Schools

  • Elementary Bus Line: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2024
Closed on
Aug 23, 2024
Sold by
Collier Jane Leigh
Bought by
Braden Thomas and Braden Catherine Thomas
Seller's Agent
Yetty Arp
Atlanta Fine Homes - Sotheby's Int'l
Buyer's Agent
Jenny Doyle
Atlanta Fine Homes - Sotheby's Int'l
List Price
$4,000,000
Sold Price
$4,000,000
Views
10
Current Estimated Value
$3,290,927

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$709,073
Avg. Annual Appreciation
-17.11%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Braden Thomas -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2024 08/23/24 Sold $4,000,000 0.0% $989 / Sq Ft
07/26/2024 07/26/24 Pending -- -- --
07/25/2024 07/25/24 For Sale $4,000,000 -- $989 / Sq Ft
Source: Georgia MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,434 $213,971 $0 $213,971
2023 $3,465 $189,288 $0 $189,288
2022 $3,253 $177,741 $0 $177,741
2021 $2,918 $155,630 $0 $155,630
2020 $2,647 $136,465 $0 $136,465
2019 $2,666 $136,465 $0 $136,465
2018 $2,675 $136,465 $0 $136,465
2017 $2,638 $140,308 $0 $140,308
2015 $2,685 $139,440 $0 $139,440
2014 $2,700 $139,440 $0 $139,440
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 10345114

Georgia MLS

APN: LR04-068-L