$1,345,000
$155K PRICE DROP

116 Island Dr NE Milledgeville, GA 31061

Estimated payment $8,128/month

Total Views 10,332
4 Beds
3.5 Baths
5,034 Sq Ft
$267 Price per Sq Ft

Highlights

  • Lake Front
  • 1 Fireplace
  • 2 Car Attached Garage
  • Traditional Architecture
  • No HOA
  • Central Heating and Cooling System

About This Home

This exquisite lakefront estate offers breathtaking, panoramic views of Lake Sinclair from nearly every room. With five generously proportioned bedrooms and three and a half baths, the home effortlessly blends refined luxury with everyday comfort. The grand double-sided fireplace, which elegantly connects the living room, keeping room, and kitchen, adds a touch of warmth and sophistication. Thoughtful details include continuous instant hot water, a whole-house generator, intricate crown molding throughout, and a comprehensive RO water filtration system, thoughtfully installed by the current owners.

The gourmet kitchen is truly a chef’s paradise, featuring a six-burner gas range, double ovens, a stylish tile backsplash, solid surface countertops, a spacious island, and abundant cabinet storage. Just off the kitchen, an expansive laundry room offers additional cabinet space and a wash sink for ultimate convenience.

The main level is home to a luxurious owner’s suite, complete with a private entrance to the covered porch. The spa-like bath features a separate soaking tub and a walk-in shower, complemented by custom vanities that exude elegance. Upstairs, two additional bedrooms and a full bath offer ample space for family and guests. The family room, with its awe-inspiring lake views, opens through elegant French doors to a tiled porch, creating an idyllic setting for enjoying one of the best views on the lake. A charming coffee and drink bar further enhances the space.

The terrace level is designed for both relaxation and entertainment, with a cozy bedroom, a full bath, a media room, and a versatile flex room. A second fully-equipped kitchen ensures ease of entertaining, while French doors lead to a beautiful covered patio, offering more opportunities to enjoy the expansive lake vistas. Additionally, there is unfinished space on both the terrace level and upstairs, allowing for custom expansion to suit your personal preferences.

Noteworthy features include double 250-gallon linked propane tanks, a Generac generator that powers 80% of the home, including all three HVAC systems, Hardie board siding, a new architectural shingle roof on both the house and boathouse, and two new HVAC systems.

A paved walkway leads to the covered dock, featuring a new boat lift, providing direct water access and even more spectacular views of the lake. For the ultimate vantage point, an observation deck awaits, offering breathtaking sunsets each evening. This custom-built residence harmonizes beauty, functionality, and luxury, making it a true sanctuary for both relaxation and entertaining, and a rare gem for those seeking the finest in lakeside living.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,225

Year Built

  • Built in 2003

Lot Details

  • Lake Front
  • Property is zoned 001

Parking

  • 2 Car Attached Garage

Home Design

  • Traditional Architecture
  • Wood Siding
  • Concrete Siding

Interior Spaces

  • 5,034 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Schools

  • Lakeview Elementary School
  • Oak Hill Middle School
  • Baldwin High School

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Community Details

  • No Home Owners Association
  • Mariners Cove Subdivision

Listing and Financial Details

  • Assessor Parcel Number 118A-019

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,225

Year Built

Built in 2003

Lot Details

0

Parking

2

Listing Details

  • GarageYN: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 2003
  • Co List Office Mls Id: CM545
  • Co List Office Phone: (770) 616-4460
  • Subdivision Name: Mariners Cove
  • Architectural Style: Traditional
  • Reso Flooring: Other
  • Tax Year: 2023
  • Master Plan Zoning: 001
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Oven, Range
  • Basement: Full, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Total Bedrooms: 8
  • Stories: 2

Exterior Features

  • Other Structures: Other
  • Waterfront: Yes
  • Acres: 1.19
  • Waterfront Features: Lake
  • Home Warranty: No
  • Construction Type: Other, Concrete, Wood Siding
  • Exterior Features: Other

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Attached
  • Total Parking Spaces: 2.0

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Oak Hill

Lot Info

  • Lot Size Area: 1.19
  • Parcel Number: 118A-019
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 8225.0

MLS Schools

  • Elementary School: Lakeview Elementary
  • HighSchool: Baldwin

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $9,976 $409,360 $52,348 $357,012
2023 $8,148 $334,340 $43,624 $290,716
2022 $4,168 $334,340 $43,624 $290,716
2021 $4,409 $180,000 $43,624 $136,376
2020 $4,348 $180,000 $43,624 $136,376
2019 $3,633 $141,592 $43,440 $98,152
2018 $3,067 $141,592 $43,440 $98,152
2017 $3,034 $141,592 $43,440 $98,152
2016 $3,202 $128,976 $31,680 $97,296
2015 $3,202 $129,112 $31,680 $97,432
2014 $3,204 $129,112 $31,680 $97,432
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2025 07/24/25 Price Changed $1,299,900 -3.4% $258 / Sq Ft
05/16/2025 05/16/25 Price Changed $1,345,000 -3.6% $267 / Sq Ft
03/28/2025 03/28/25 For Sale $1,395,000 -- $277 / Sq Ft
Source: Savannah Multi-List Corporation

Purchase History

Date Type Sale Price Title Company
Warranty Deed $450,000 --
Warranty Deed -- --
Deed $100,000 --
Deed $55,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $266,252 VA
Closed $186,500 New Conventional
Open $405,000 New Conventional
Closed $405,000 New Conventional
Previous Owner $170,000 New Conventional
Previous Owner $250,000 Credit Line Revolving
Previous Owner $95,000 New Conventional
Previous Owner $200,000 New Conventional
Source: Public Records

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Source: Savannah Multi-List Corporation

MLS Number: CM1017372

Savannah Multi-List Corporation

APN: 118A-019