T
Seller's Agent in 2025
The Lake Team
Ansley RE | Christie's Int'l RE
(706) 715-5550
48 in this area
74 Total Sales
1520 Bear Gap Rd Lakemont, GA 30552
3
Beds
2.5
Baths
1,760
Sq Ft
6.46
Acres
Highlights
- Boathouse
- Lake Front
- 6.46 Acre Lot
- Marina
- 1 Boat Dock
- Community Lake
About This Home
As of January 2025Enjoy the peaceful sounds of running water from this charming and fully furnished Lake Rabun cabin. This exceptional property boasts a recently renovated 3-bedroom, 2.5-bathroom home on over 6 acres, offering a serene and spacious retreat. Upon entering through the front door, you'll enter a cozy living area that transitions into a dining space with partial views of Lake Rabun, a bright and open kitchen with a pantry closet, and a convenient half bath. Expanding the living area, a generous porch accessible from the kitchen and dining space provides additional space for relaxation and enjoyment. You'll find a bright and airy bedroom on the upper level with vaulted ceilings, skylights, and a generously sized ensuite bathroom. The lower level of the home features two guest bedrooms and a shared bath, which opens to an additional deck featuring a swinging daybed, perfect for relaxing and enjoying the mountains! Stone steps lead to the lakefront, which includes a spacious grass lawn ideal for games. The lakefront area is shared with a single neighbor, and a formal agreement with Georgia Power Company is in place. Conveniently located within walking distance to Minnehaha Falls, this property offers a truly peaceful retreat where you can enjoy mountain and lake life!
Last Agent to Sell the Property
Ansley RE | Christie's Int'l RE License #251201 Listed on: 08/16/2024
Last Buyer's Agent
Ansley RE | Christie's Int'l RE License #251201 Listed on: 08/16/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,390
Year Built
- Built in 1983 | Remodeled
Lot Details
- 6.46 Acre Lot
- Home fronts a stream
- Lake Front
- Home fronts a seawall
- Private Lot
- Sloped Lot
- Partially Wooded Lot
Property Views
- Lake
- Mountain
Home Design
- Country Style Home
- Bungalow
- Metal Roof
- Wood Siding
Interior Spaces
- 1.5-Story Property
- Vaulted Ceiling
- Ceiling Fan
- Family Room with Fireplace
- 2 Fireplaces
- Combination Dining and Living Room
Kitchen
- Country Kitchen
- Oven or Range
- Dishwasher
- Stainless Steel Appliances
- Solid Surface Countertops
- Disposal
Flooring
- Wood
- Carpet
- Laminate
- Tile
Bedrooms and Bathrooms
- Bathtub Includes Tile Surround
Laundry
- Dryer
- Washer
Finished Basement
- Partial Basement
- Exterior Basement Entry
- Fireplace in Basement
- Finished Basement Bathroom
- Laundry in Basement
- Natural lighting in basement
Parking
- 4 Parking Spaces
- Parking Accessed On Kitchen Level
- Guest Parking
Outdoor Features
- Access To Lake
- Water Access Is Utility Company Controlled
- Boathouse
- 1 Boat Dock
- Deck
- Porch
Schools
- Rabun County Primary/Elementar Elementary School
- Rabun County Middle School
- Rabun County High School
Utilities
- Cooling Available
- Heating Available
- Well
- Electric Water Heater
- Septic Tank
- High Speed Internet
- Cable TV Available
Community Details
Overview
- No Home Owners Association
- Lake Rabun Subdivision
- Community Lake
Recreation
- Marina
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 16, 2024
Closed on
Jan 31, 2025
Sold by
Terrell Bruce W
Bought by
Marshall Phillip Lamar
Seller's Agent
The Lake Team
Ansley RE | Christie's Int'l RE
Buyer's Agent
The Lake Team
Ansley RE | Christie's Int'l RE
List Price
$895,000
Sold Price
$795,000
Premium/Discount to List
-$100,000
-11.17%
Views
267
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,671
Avg. Annual Appreciation
4.84%
Purchase Details
Listed on
Aug 16, 2024
Closed on
Jan 16, 2025
Sold by
Wiggers Nancy H
Bought by
Terrell Melissa C
Seller's Agent
The Lake Team
Ansley RE | Christie's Int'l RE
Buyer's Agent
The Lake Team
Ansley RE | Christie's Int'l RE
List Price
$895,000
Sold Price
$795,000
Premium/Discount to List
-$100,000
-11.17%
Views
267
Purchase Details
Closed on
Jan 9, 2018
Sold by
Wiggers Andrew R
Bought by
Terrell Bruce W and Terrell Melissa C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
3.93%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 1, 2001
Purchase Details
Closed on
Feb 1, 2000
Purchase Details
Closed on
Feb 1, 1994
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $795,000 | -- | |
| Warranty Deed | -- | -- | |
| Warranty Deed | $325,000 | -- | |
| Warranty Deed | $325,000 | -- | |
| Quit Claim Deed | -- | -- | |
| Quit Claim Deed | -- | -- | |
| Quit Claim Deed | -- | -- | |
| Quit Claim Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Warranty Deed | $75,000 | -- | |
| Warranty Deed | $75,000 | -- | |
| Warranty Deed | $75,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $260,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/31/2025 01/31/25 | Sold | $795,000 | -6.5% | $452 / Sq Ft |
| 09/26/2024 09/26/24 | Price Changed | $850,000 | -5.0% | $483 / Sq Ft |
| 08/16/2024 08/16/24 | For Sale | $895,000 | -- | $509 / Sq Ft |
Source: Georgia MLS
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2025 | $2,595 | $161,696 | $0 | $161,696 |
| 2024 | $1,501 | $93,538 | $0 | $93,538 |
| 2023 | $1,442 | $78,801 | $0 | $78,801 |
| 2022 | $1,357 | $74,166 | $0 | $74,166 |
| 2021 | $1,253 | $66,854 | $0 | $66,854 |
| 2020 | $1,146 | $59,061 | $0 | $59,061 |
| 2019 | $1,154 | $59,061 | $0 | $59,061 |
| 2018 | $1,158 | $59,061 | $0 | $59,061 |
| 2017 | $1,110 | $59,061 | $0 | $59,061 |
| 2016 | $1,102 | $58,444 | $0 | $58,444 |
| 2015 | $1,056 | $54,855 | $0 | $54,855 |
| 2014 | $1,062 | $54,855 | $0 | $54,855 |
Source: Public Records
Agents Affiliated with this Home
-
The Lake Team
Map
Source: Georgia MLS
MLS Number: 10360095
APN: LR01-006-L
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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 Redfin are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed. Copyright 2025 Georgia MLS. All rights reserved.
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