NOT LISTED FOR SALE

1080 Prosperity Point Greensboro, GA 30642

Estimated Value: $5,422,000 - $6,300,000

5 Beds
7 Baths
8,665 Sq Ft
$685/Sq Ft Est. Value

Last Sold July 24, 2023

Last sale price $5,800,000 $669 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $34,651/month

43 Days on Market

Highlights

  • Lake Front
  • Cathedral Ceiling
  • Screened Porch
  • Deck
  • Wood Flooring
  • 4 Car Attached Garage

About This Home

As of July 2023

Discover the unique opportunity to experience lakefront living at its finest with this one-of-a-kind point property on Reynolds Lake Oconee. Offering over 520 feet of pristine lakefront and nearly 2 acres of land, you'll be surrounded by breathtaking panoramic views from every room in the house. This recently renovated home features an expanded outdoor living space which includes a new custom built infinity edge pool and separate hot tub, as well as an expanded flagstone patio with a state-of-the art crystal stone fire bowl for outdoor entertaining. Imagine waking up to stunning sunrises over the lake each morning or relaxing in your luxurious private oasis away from it all! Located just across from the Ritz Carlton on the Richland side of Lake Oconee the new landscape design incorporated the additonal outdoor living patio and two level green spaces ideal for hosting events including the Ritz fireworks which can be seen from the property. Inside the interior which was updated in 2021 by Black Sheep Interiors will astound you and the open floor plan which offers an oversized great room, dining area, and kitchen. A new composite deck off the main living area provides 280 degree panoramic vistas and 1100 sq feet sure to take your breath away. The superb chef's kitchen is equipped with premium finishes and fixtures including granite countertops and stainless-steel Wolf and Subzero appliances to make cooking a delight. The expansive owners suite is on the main level with a large sitting area, double sinks with vanity, large custom closet and walk in shower. The completed terrace level has 3 additional oversized bedrooms with full en-suite baths, workout room, movie theatre and updated bar area. This unique property has a 4 car attached garage with a finished bedroom suite complete with its own kitchenette and full bath.
From here it’s only minutes by boat to The Lake Club and a club membership is available to enjoy all that Reynolds Lake Oconee has to offer with six award winning golf courses, unique sporting ground, tennis, pickleball, fitness and all the recreational and culinary amenities befitting a world class private club. When you're ready for some rest & relaxation retreat home knowing that this magnificent property sits on its own unique private peninsula - offering peaceful seclusion like no other - making this truly one of the finest lake estates on Lake Oconee! Seller is a licensed agent in the State of Georgia.

Last Agent to Sell the Property

Jennifer Vaughan

Dwell Real Estate License #402355 Listed on: 05/12/2023

Last Buyer's Agent

Jennifer Vaughan

Dwell Real Estate License #402355 Listed on: 05/12/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,667

Year Built

  • Built in 2007

Lot Details

  • Lake Front
  • Sloped Lot

HOA Fees

  • $137 Monthly HOA Fees

Parking

  • 4 Car Attached Garage
  • Garage Door Opener

Home Design

  • Cedar
  • Stone

Interior Spaces

  • 8,665 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Tray Ceiling
  • Cathedral Ceiling
  • Gas Fireplace
  • Screened Porch
  • Basement Fills Entire Space Under The House
  • Home Security System

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Exterior Lighting

Schools

  • Lake Oconee Academy Elementary And Middle School
  • Lake Oconee Academy High School

Utilities

  • Central Air
  • Heating System Uses Propane
  • Shared Well
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 077A000960

Community Details

Overview

  • Reynolds Lake Oconee Subdivision

Security

  • Security Service

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,667

Year Built

Built in 2007

Lot Details

0

HOA Fees

$137 per month

Parking

4

Listing Details

  • GarageYN: Yes
  • Inclusions: Ceiling Fans,Intercom/Radio,Security System
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 2007
  • ResoSecurityFeatures: Security System, Security Service
  • Subdivision Name: Reynolds Lake Oconee
  • Reso Flooring: Carpet, Other, Tile, Wood
  • Reso Interior Features: Wet Bar, Tray Ceiling(s), Ceiling Fan(s), Cathedral Ceiling(s), Intercom, Kitchen Island, Pantry, Vaulted Ceiling(s)
  • Tax Year: 2022
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Some Gas Appliances, Dryer, Dishwasher, Disposal, Microwave, Oven, Range, Refrigerator, Wine Cooler, Washer
  • Basement: Bathroom, Full, Partially Finished
  • Fireplace Features: Gas
  • Basement YN: Yes
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Total Bedrooms: 12
  • Stories: 3

Exterior Features

  • Waterfront: Yes
  • Acres: 2.0
  • Waterfront Features: Lake
  • Home Warranty: No
  • Construction Type: Cedar, Stone
  • Exterior Features: Deck, Other, Porch, Landscape Lights
  • Patio And Porch Features: Deck, Porch, Screened

Garage/Parking

  • Garage Spaces: 4.0
  • Parking Features: Attached, Garage Door Opener
  • Total Parking Spaces: 4.0

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Electric, Propane
  • HeatingYN: Yes
  • Water Source: Shared Well

Condo/Co-op/Association

  • Association Fee: 1645.0
  • Association Fee Frequency: Annually
  • Association: Yes
  • Community Features: Sidewalks

Schools

  • Middle Or Junior School: Lake Oconee Academy

Lot Info

  • Lot Size Area: 2.0
  • Parcel Number: 077A000960
  • Topography: Sloping
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 25667.0

MLS Schools

  • Elementary School: Lake Oconee Academy
  • HighSchool: Lake Oconee Academy

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2023
Closed on
Jul 24, 2023
Sold by
Vaughan Lawrence F Tr
Bought by
Pointe 80 Llc
Seller's Agent
Jennifer Vaughan
Dwell Real Estate
Buyer's Agent
Jennifer Vaughan
Dwell Real Estate
List Price
$6,499,000
Sold Price
$5,800,000
Premium/Discount to List
-$699,000
-10.76%
Views
43
Current Estimated Value
$5,931,326

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,326
Avg. Annual Appreciation
1.02%

Purchase Details

Closed on
Apr 10, 2007
Sold by
Vaughan Lawrence K
Bought by
Vaughan Lawrence F Trustee

Purchase Details

Closed on
Apr 2, 2007
Sold by
Vaughan Lawrence F
Bought by
Vaughan Lawrence F

Purchase Details

Closed on
Aug 6, 2005
Sold by
Vaughan Lawrence K
Bought by
Vaughan Lawrence F

Purchase Details

Closed on
Jan 8, 2001
Sold by
Phillips Diane and Phillips John R
Bought by
Vaughan Lawrence K and Vaughan Susan M

Purchase Details

Closed on
May 12, 1999
Bought by
Phillips Diane and Phillips John R
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
Pointe 80 Llc $5,800,000 --
Vaughan Lawrence F Trustee -- --
Vaughan Lawrence F -- --
Vaughan Lawrence F -- --
Vaughan Lawrence K $875,000 --
Phillips Diane $650,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/24/2023 07/24/23 Sold $5,800,000 -10.8% $669 / Sq Ft
06/24/2023 06/24/23 Pending -- -- --
05/12/2023 05/12/23 For Sale $6,499,000 -- $750 / Sq Ft
Source: Savannah Multi-List Corporation

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 $35,326 $2,299,360 $762,200 $1,537,160
2023 $26,560 $1,732,560 $762,200 $970,360
2022 $24,073 $1,347,160 $683,400 $663,760
2021 $24,917 $1,297,800 $597,400 $700,400
2020 $22,986 $1,081,000 $525,000 $556,000
2019 $23,348 $1,081,000 $525,000 $556,000
2018 $23,325 $1,081,000 $525,000 $556,000
2017 $21,687 $1,070,458 $525,000 $545,458
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Savannah Multi-List Corporation

MLS Number: CM1006144

Savannah Multi-List Corporation

APN: 077-A-00-096-0