Seller's Agent in 2024
Yetty Arp
Atlanta Fine Homes - Sotheby's Int'l
(404) 863-2116
6 in this area
41 Total Sales
287 Ray Point Ln Lakemont, GA 30552
6
Beds
10
Baths
7,775
Sq Ft
2.18
Acres
Highlights
- Boathouse
- Marina
- Home Theater
- Rabun County High School Rated 9+
- Lake Front
- 2.18 Acre Lot
About This Home
As of June 2024Inspired by the Adirondack Great Camps of the late 1800's and the Great Log Lodges of the American West, this enchanting three-story log house is like nothing else on Lake Rabun. The entire property is accessible with an elevator to all three floors and ramps to all exterior locations. There are 8 bedrooms in the main house and a separate guest suite in the carriage house. This stunningly furnished house is being offered FULLY FURNISHED, "turn key" with the watercraft included. There are currently beds to sleep 24 guests! This property is 2.1 acres, Fee Simple and zoned Vacation Cottage which permits rentals. There is parking for 10 cars on the property. The outstanding location and proximity to the main highway makes this property even more desirable. With paved roads from the main highway to the driveway it's approximately a 10 minute drive to the shops at Lakemont, 15 minutes to Clayton or Hall's Boathouse. Situated directly across from the Dike on Lake Rabun, there is no better viewing for the 4th of July fireworks than from Collins Cove! Custom designed by R.D. Davidson and the owners, masterfully constructed by Larry Gibson with only the finest materials, this house is one of a kind FABULOUS! Enter the front door from the stunning porte cachere or conveniently access by the kitchen door for unloading. The majestic Great Room with 24+ft ceilings, a 24ft tall stone fireplace, tree poles and captivating lake views is jaw dropping! This great room's open floor plan expands further with a wide covered porch that runs the length of the house. The deck's walkway connects to the pavilion style, 2 stall Boathouse with large sun deck and screened porch for ping pong or picnics while enjoying the lake breeze. Savor all the water sport activities the lake offers from the swim dock, the private sandy beach or boathouse. Collins Cove boasts one of the largest private coves and beach on Lake Rabun. Adjacent to the Boathouse is the multi sports court for Pickleball, Badminton or Volleyball. A Firepit and outdoor shower round out the outdoor amenities. The house has two wells and water filtration system along with a "whole house" generator to keep it running smoothly. All that activity stimulates the appetite but a Gourmet Kitchen is prepared to handle crowds with style. With custom made cabinetry and honed granite counters, Thermador appliances, a Thermador 4 burner range with griddle, two dishwashers, two sinks & ice machine, no one will be hungry. The Main Level has two bedrooms, the Primary bedroom suite and a large Bunk room with 4 sets of bunk beds & bath. Also a convenient Laundry room and half bath are on the main level. The Upper Level has 3 Bedroom suites, with two of bedroom suites boasting private balconies to enjoy spectacular views of the lake. The Terrace Level has a cozy entertainment room with fireplace and opens on to the spacious stone patio which leads to the firepit and sandy beach. There is a second Laundry room, and a multi-purpose room for either an office/computer or exercise room Of the 3 Bedroom suites, two have beautiful views of the lake. If you have dreamed of owning a unique lake house and want the BEST of Lake Rabun, THIS IS YOUR DREAM COME TRUE and the house is FULLY FURNISHED AND WITH THE WATERCRAFT!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $13,807
Year Built
- Built in 2009
Lot Details
- 2.18 Acre Lot
- Lake Front
- Private Lot
- Sloped Lot
- Wooded Lot
Property Views
- Lake
- Mountain
Home Design
- Slab Foundation
- Metal Roof
- Log Siding
Interior Spaces
- 7,775 Sq Ft Home
- 3-Story Property
- Wet Bar
- Central Vacuum
- Bookcases
- Beamed Ceilings
- High Ceiling
- Ceiling Fan
- Gas Log Fireplace
- Entrance Foyer
- Family Room with Fireplace
- 2 Fireplaces
- Great Room
- Home Theater
- Home Office
- Fire and Smoke Detector
Kitchen
- Breakfast Bar
- Oven or Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Kitchen Island
- Solid Surface Countertops
Flooring
- Pine Flooring
- Carpet
Bedrooms and Bathrooms
- 6 Bedrooms | 1 Primary Bedroom on Main
- In-Law or Guest Suite
- Soaking Tub
- Bathtub Includes Tile Surround
- Separate Shower
Laundry
- Dryer
- Washer
Finished Basement
- Basement Fills Entire Space Under The House
- Interior and Exterior Basement Entry
- Fireplace in Basement
- Finished Basement Bathroom
- Natural lighting in basement
Parking
- 9 Car Garage
- Carport
- Parking Accessed On Kitchen Level
- Guest Parking
Accessible Home Design
- Accessible Elevator Installed
- Accessible Full Bathroom
- Accessible Kitchen
- Accessible Hallway
- Accessible Doors
- Accessible Entrance
Eco-Friendly Details
- Energy-Efficient Insulation
- Energy-Efficient Thermostat
Outdoor Features
- Access To Lake
- Boathouse
- Stationary Dock
- Balcony
- Deck
- Outdoor Fireplace
- Outdoor Gas Grill
- 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
- Well
- Gas Water Heater
- Septic Tank
- High Speed Internet
- Phone Available
- Satellite Dish
- Cable TV Available
Listing and Financial Details
- Tax Block 73
Community Details
Overview
- No Home Owners Association
- Lake Rabun Subdivision
- Community Lake
Recreation
- Marina
- Community Playground
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 8, 2024
Closed on
Jun 20, 2024
Sold by
Collins Jan W
Bought by
Fs & R Llc
Seller's Agent
Yetty Arp
Atlanta Fine Homes - Sotheby's Int'l
Buyer's Agent
Yetty Arp
Atlanta Fine Homes - Sotheby's Int'l
List Price
$5,995,000
Sold Price
$5,995,000
Total Days on Market
14
Views
41
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
$46,440
Avg. Annual Appreciation
0.98%
Purchase Details
Closed on
Nov 29, 2022
Sold by
Collins William C
Bought by
Collins Jan W
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,540,000
Interest Rate
5.88%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 1, 1982
Bought by
Collins Md William C
Purchase Details
Closed on
Aug 1, 1978
Purchase Details
Closed on
Oct 1, 1957
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 |
|---|---|---|---|
| Quit Claim Deed | $5,995,000 | -- | |
| Warranty Deed | $5,995,000 | -- | |
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | -- | |
| Warranty Deed | $147,000 | -- | |
| Warranty Deed | $147,000 | -- | |
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $1,540,000 | New Conventional | |
| Previous Owner | $1,500,000 | New Conventional | |
| Previous Owner | $1,500,000 | Adjustable Rate Mortgage/ARM |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/20/2024 06/20/24 | Sold | $5,995,000 | 0.0% | $771 / Sq Ft |
| 04/08/2024 04/08/24 | For Sale | $5,995,000 | -- | $771 / 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 |
|---|---|---|---|---|
| 2024 | $14,821 | $923,415 | $375,000 | $548,415 |
| 2023 | $14,331 | $782,990 | $336,000 | $446,990 |
| 2022 | $13,856 | $757,050 | $336,000 | $421,050 |
| 2021 | $12,961 | $691,238 | $312,000 | $379,238 |
| 2020 | $12,848 | $662,378 | $312,000 | $350,378 |
| 2019 | $12,938 | $662,378 | $312,000 | $350,378 |
| 2018 | $12,985 | $662,386 | $312,000 | $350,386 |
| 2017 | $12,453 | $662,386 | $312,000 | $350,386 |
| 2016 | $12,487 | $662,386 | $312,000 | $350,386 |
| 2015 | $12,474 | $647,754 | $312,000 | $335,754 |
| 2014 | $12,541 | $647,754 | $312,000 | $335,754 |
Source: Public Records
Agents Affiliated with this Home
-
Yetty Arp
Map
Source: Georgia MLS
MLS Number: 10277712
APN: LR06-073
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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