$3,200,000
SOLD AUG 25, 2025

686 Lake Dr Morganton, GA 30560

5 Beds
5 Baths
4,695 Sq Ft
0.46 Acres

Recently Sold

$682 Per Sq Ft

18% Below List Price

45 Days on Market

Highlights

  • Lake View
  • Deck
  • Main Floor Primary Bedroom
  • Waterfront
  • Wood Flooring
  • 1-minute walk to Morganton Point Recreation Area

About This Home

As of August 2025

NEW ROOF AND NEW EXTERIOR PAINT!! This home is what dreams are made of. Nestled in the North Georgia mountains this estate home sits on the shores of exclusive Lake Blue Ridge. This home is nothing short of exquisite with craftsmanship and custom details you simply do not see these days. Lake views from every bedroom. Master on main with private screened in sitting area. Every bathroom has a large custom walk in shower. Stunning chefs kitchen with high end appliances that opens up to another screened porch with fireplace and day bed. You can relax in the gorgeous living room and enjoy stunning views of Lake Blue Ridge and the Blue Ridge mountains through a wall of oversized windows. The BBQ area off the back of the home makes you feel like you are sitting in the middle of the water , all while catching the most beautiful sunsets over Lake Blue Ridge. Directly across the lake you can see the Blue Ridge Marina. On the 4th of the July this home has the perfect views to see the fireworks that the marina sets off every year. Prime location to Downtown Blue Ridge, less than 10 minutes from all the restaurants and shops Downtown Blue Ridge offers. This home is made for entertaining and making memories with family and friends. Furniture is negotiable. Preferred closing attorney is Brett Jones Attorney at Law in Ellijay GA

Last Agent to Sell the Property

Mary Claire

BHHS Georgia Properties - Canton Brokerage Phone: 7703637600 License #426565 Listed on: 06/04/2025

BHHS Georgia Properties - Canton

Last Buyer's Agent

Paige Peugh

Coldwell Banker High Country Realty - Blue Ridge License #245301

Coldwell Banker High Country Realty - Blue Ridge

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,652

Year Built

  • Built in 2008

Lot Details

  • 0.46 Acre Lot
  • Waterfront

Property Views

  • Lake
  • Mountain

Home Design

  • Cabin
  • Frame Construction
  • Shingle Roof
  • Log Siding

Interior Spaces

  • 4,695 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • 2 Fireplaces
  • Wood Flooring
  • Finished Basement
  • Laundry in Basement

Kitchen

  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • 5 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • Carport
  • Open Parking

Outdoor Features

  • Deck

Utilities

  • Central Air
  • Heating Available
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0031 177

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,652

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 2008
  • Property Sub Type: Residential
  • Road Frontage Type: Road
  • Lot Size Acres: 0.46
  • Road Surface Type: Paved
  • Water Body Name: Na,Blue Ridge
  • Architectural Style: Cabin
  • Carport Y N: Yes
  • Garage Yn: No
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • Attribution Contact: 7703637600
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Refrigerator, Cooktop, Range, Oven, Microwave, Dishwasher, Disposal, Washer, Dryer, Electric Water Heater
  • Has Basement: Finished
  • Full Bathrooms: 5
  • Total Bedrooms: 5
  • Fireplace Features: Gas Log
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Wood
  • Interior Amenities: Pantry, Ceiling Fan(s), Wood
  • Living Area: 4695
  • Main Level Bedrooms: 1
  • Master Bedroom Master Bedroom Level: Main

Exterior Features

  • Roof: Shingle
  • View: Mountain(s), Year Round, Lake
  • View: Yes
  • Waterfront: Yes
  • Construction Type: Frame, Log Siding
  • Patio And Porch Features: Screened, Deck
  • Property Condition: Resale

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Carport, Concrete

Utilities

  • Cooling: Central Air
  • Heating: Propane
  • Sewer: Septic Tank
  • Laundry Features: Main Level, In Basement
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Fannin County

Lot Info

  • Lot Size Sq Ft: 20037.6
  • Parcel #: 0031 177

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2019
Closed on
Aug 31, 2020
Sold by
Cowart Laura Kiker
Bought by
Slade Mark and Slade Patricia
Seller's Agent
Laura Kiker Cowart
Mountain Aire Realty, Inc.
Buyer's Agent
Doug Morgan
REMAX Town & Country - Ellijay
List Price
$2,300,000
Sold Price
$2,300,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.85%
Original Mortgage
$1,150,000
Outstanding Balance
$1,022,864
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$2,846,136

Purchase Details

Closed on
May 4, 1994
Bought by
Cowart Melvin

Purchase Details

Closed on
Aug 17, 1959
Bought by
Kiker Roy
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 Type Sale Price Title Company
Warranty Deed $2,300,000 --
Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,150,000 New Conventional
Previous Owner $1,300,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2025 08/25/25 Sold $3,200,000 0.0% $682 / Sq Ft
08/25/2025 08/25/25 Sold $3,200,000 0.0% $682 / Sq Ft
08/12/2025 08/12/25 Off Market $3,200,000 -- --
07/20/2025 07/20/25 Pending -- -- --
07/20/2025 07/20/25 Pending -- -- --
06/04/2025 06/04/25 For Sale $3,890,000 0.0% $829 / Sq Ft
04/01/2025 04/01/25 Price Changed $3,890,000 -2.7% $829 / Sq Ft
08/30/2024 08/30/24 Price Changed $3,999,000 -19.2% $852 / Sq Ft
09/22/2023 09/22/23 For Sale $4,950,000 +115.2% $1,054 / Sq Ft
09/25/2020 09/25/20 Sold $2,300,000 0.0% $490 / Sq Ft
08/31/2020 08/31/20 Sold $2,300,000 -8.0% $490 / Sq Ft
07/28/2020 07/28/20 Pending -- -- --
07/28/2020 07/28/20 Pending -- -- --
05/19/2020 05/19/20 Price Changed $2,500,000 -9.9% $532 / Sq Ft
01/22/2020 01/22/20 Price Changed $2,775,000 -3.8% $591 / Sq Ft
11/01/2019 11/01/19 For Sale $2,885,000 +25.4% $614 / Sq Ft
02/21/2019 02/21/19 For Sale $2,300,000 -- $490 / Sq Ft
Source: Northeast Georgia Board of REALTORS®

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 $7,652 $834,881 $340,000 $494,881
2023 $8,538 $837,366 $340,000 $497,366
2022 $8,655 $848,999 $340,000 $508,999
2021 $6,929 $494,220 $315,000 $179,220
2020 $6,688 $469,220 $290,000 $179,220
2019 $6,673 $459,220 $280,000 $179,220
2018 $6,335 $411,220 $232,000 $179,220
2017 $7,315 $413,390 $232,000 $181,390
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northeast Georgia Board of REALTORS®

MLS Number: 416239

Northeast Georgia Board of REALTORS®

APN: 0031-177