NOT LISTED FOR SALE

260 Bear Gap Rd Lakemont, GA 30552

Estimated Value: $1,286,000 - $2,175,000

4 Beds
4.5 Baths
3,320 Sq Ft
$551/Sq Ft Est. Value

Last Sold October 14, 2022

Last sale price $1,650,000 $497 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $10,293/month

107 Days on Market

Highlights

  • Boathouse
  • Private Waterfront
  • 2 Boat Docks
  • Rabun County High School Rated 9+
  • Marina
  • RV or Boat Parking

About This Home

As of October 2022

Fee-simple Lake Rabun home with lots of privacy and modern two-stall boathouse, drive-up access, boat hoist, jet ski lift, and an awesome party deck. Great spaces for entertaining in this 4 bedroom craftsman style home include the great room with high beam ceilings and large picture windows, wonderful kitchen with granite island and beautiful cabinetry, multiple covered decks, stone outdoor fireplace, and amazing privately owned lake frontage. Located very close to a beautiful vineyard, great restaurants, and walking distance to Minnehaha Falls and USFS trails.

Last Agent to Sell the Property

Jon Barnwell

RE/MAX Town & Country License #284988 Listed on: 05/16/2022

RE/MAX Town & Country

Last Buyer's Agent

Sarah Gillespie

Mountain Sotheby's Int'l Realty License #283967

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,251

Year Built

  • Built in 2012

Lot Details

  • 1 Acre Lot
  • Private Waterfront
  • Lake Front
  • Home fronts a seawall
  • Private Lot
  • Partially Wooded Lot

Property Views

  • Lake
  • Mountain
  • Seasonal

Home Design

  • Slab Foundation
  • Composition Roof
  • Concrete Siding
  • Stone Siding
  • Stone

Interior Spaces

  • 3-Story Property
  • Wet Bar
  • Central Vacuum
  • Beamed Ceilings
  • Vaulted Ceiling
  • Gas Log Fireplace
  • Great Room
  • Family Room
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Loft

Kitchen

  • Country Kitchen
  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Primary Bedroom on Main
  • Walk-In Closet
  • Double Vanity
  • Soaking Tub
  • Bathtub Includes Tile Surround
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry in Hall

Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Finished Basement Bathroom
  • Natural lighting in basement

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • Garage
  • Parking Accessed On Kitchen Level
  • Side or Rear Entrance to Parking
  • RV or Boat Parking

Outdoor Features

  • Boathouse
  • 2 Boat Docks
  • Balcony
  • Deck
  • Patio
  • Separate Outdoor Workshop
  • Porch

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • 220 Volts
  • Power Generator
  • Propane
  • Well
  • Septic Tank
  • High Speed Internet

Community Details

Overview

  • No Home Owners Association
  • Lake Rabun Subdivision
  • Community Lake

Recreation

  • Marina

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,251

Year Built

Built in 2012

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 2012
  • Main Level Half Bathrooms: 1
  • Electric: 220 Volts, Generator
  • Financing Type: Cash
  • Levels: Three Or More
  • Lot Size Acres: 1.00
  • Other Sturctures: Boat House, Garage(s), Workshop
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Total Dock Slips: 2
  • Total Finished Area2: 3320
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Oven/Range (Combo), Refrigerator, Stainless Steel Appliance(s)
  • Bedrooms: 4
  • Dining Room Features: Dining Rm/Living Rm Combo
  • Basement: Bath Finished, Daylight, Exterior Entry, Finished, Full, Interior Entry
  • Below Grade Finished Sq Ft: 1244
  • Total Finished Sq Ft: 2076
  • Above Grade Finished Sq Ft: 2076
  • Interior Amenities: Beamed Ceilings, Central Vacuum, Double Vanity, High Ceilings, Master On Main Level, Separate Shower, Soaking Tub, Tile Bath, Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar
  • Feature Name: Lake Rabun
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Fireplace Features: Gas Log, Living Room
  • Flooring: Carpet, Hardwood, Tile
  • Kitchen Features: Breakfast Bar, Country Kitchen, Kitchen Island, Pantry, Solid Surface Counters
  • Price Per Square Foot: 496.987

Beds/Baths

  • Lower Level Full Bathrooms: 2
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1
  • Bedroom Lower Level: 2
  • Bedroom Main Level: 1

Exterior Features

  • Common Walls: No Common Walls
  • Construction Materials: Concrete, Stone
  • ExteriorFeatures: Balcony, Dock
  • Foundation Details: Slab
  • Lot Features: Private
  • Patio And Porch Features: Deck, Patio, Porch
  • Property Condition: Resale
  • Roof: Composition
  • View: Lake, Mountain(s), Seasonal View
  • Waterfront Features: Lake, Private, Seawall, Swim Dock

Garage/Parking

  • Parking Features: Detached, Garage, Kitchen Level, RV/Boat Parking, Side/Rear Entrance

Utilities

  • Cooling: Central Air, Heat Pump, Zoned
  • Heating: Central, Heat Pump, Zoned
  • Laundry Features: In Hall
  • Security Features: Security System, Smoke Detector(s)
  • Sewer: Septic Tank
  • Utilities: Electricity Available, High Speed Internet, Propane, Water Available
  • Water Source: Well

Condo/Co-op/Association

  • Association: No
  • Community Features: Lake, Marina

Fee Information

  • Association Fee Includes: None

Schools

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

Lot Info

  • Deed Book: H40
  • Deed Page: 193
  • Plat Book: 61
  • Plat Page: 123

Multi Family

  • Total Fireplaces: 1

Tax Info

  • Year: 2021
  • Tax Annual Amount: 6250.53

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2022
Closed on
Oct 14, 2022
Sold by
Moore Cassandra Lee
Bought by
Norris Josh Matthew and Norris Laura Elizabeth
Seller's Agent
Jon Barnwell
RE/MAX Town & Country
Buyer's Agent
Sarah Gillespie
Mountain Sotheby's Int'l Realty
List Price
$1,885,000
Sold Price
$1,650,000
Premium/Discount to List
-$235,000
-12.47%
Total Days on Market
107
Views
5
Current Estimated Value
$1,828,710

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,710
Avg. Annual Appreciation
3.97%

Purchase Details

Closed on
Oct 2, 2013
Sold by
Moore Randolph S
Bought by
Moore Cassandra Lee

Purchase Details

Closed on
May 7, 2011
Sold by
Moore Randolph S
Bought by
Moore Randolph S

Purchase Details

Closed on
May 6, 2011
Sold by
Hibbert Peggy B
Bought by
Moore Randolph S

Purchase Details

Closed on
Nov 1, 2003
Bought by
Hibbert Peggy B
Source: Public Records

Similar Home in Lakemont, GA

  • 2841 Crow Creek Rd, Lakemont, GA 30552

    $1,465,000

    • 4 Beds
    • 4 Baths
    • 2,938 Sq Ft
    • 2841 Crow Creek Rd
    • Lakemont, GA

    This stunning waterfront home offers the perfect blend of luxury, comfort, and year-round living on one of the most exclusive mountain lakes in the South. It comes fully furnished and includes a boat. It is ready for fun on the lake.With breathtaking big-water views and an open floor plan designed to maximize natural light and lakefront scenery, this property is truly one of a kind. The home

    Jon Barnwell Team RE/MAX Town & Country

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Norris Josh Matthew $1,650,000 --
Norris Josh Matthew $1,650,000 --
Moore Cassandra Lee -- --
Moore Cassandra Lee -- --
Moore Randolph S -- --
Moore Randolph S -- --
Moore Randolph S -- --
Moore Randolph S $235,000 --
Moore Randolph S $235,000 --
Hibbert Peggy B $310,000 --
Hibbert Peggy B $310,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Moore Cassandra L $605,000
Previous Owner Moore Randolph S $650,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/14/2022 10/14/22 Sold $1,650,000 -5.7% $497 / Sq Ft
08/31/2022 08/31/22 Pending -- -- --
08/01/2022 08/01/22 Price Changed $1,750,000 -7.2% $527 / Sq Ft
05/16/2022 05/16/22 For Sale $1,885,000 -- $568 / 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 $7,055 $439,547 $180,000 $259,547
2023 $6,721 $367,194 $140,000 $227,194
2022 $6,515 $355,926 $140,000 $215,926
2021 $6,251 $333,361 $140,000 $193,361
2020 $6,148 $316,985 $140,000 $176,985
2019 $6,061 $310,300 $140,000 $170,300
2018 $6,083 $310,300 $140,000 $170,300
2017 $5,834 $310,300 $140,000 $170,300
2016 $5,850 $310,300 $140,000 $170,300
2015 $5,599 $290,718 $140,000 $150,718
2014 $5,628 $290,718 $140,000 $150,718
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Georgia MLS

MLS Number: 10048346

Georgia MLS

APN: LN04-069E