$1,200,000
$100K PRICE DROP

70, 72 Colham Ferry Extension Watkinsville, GA 30677

Estimated payment $7,082/month

Total Views 7,744
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • No HOA
  • Cooling Available
  • Central Heating
  • Colham Ferry Elementary School Rated A
  • 1-Story Property

About This Home

Rare DEVELOPMENT Opportunity in the Heart of Downtown Watkinsville Two adjacent, fully renovated homes situated on a combined 3.22 acres right in the fabric of historic downtown Watkinsville. Located along the corner of McNally Park / S Main Street and Colham Ferry Road, with access via Colham Ferry Extension, this unique homestead offers charm, space, and location all in one. This property features three separate tracts of land two with existing homes and the third offering open space ideal for future development. Zoned for top-rated Oconee County schools, both homes were originally built in the early 1970s and recently renovated with: New roofs Updated HVAC systems Fresh paint & new flooring throughout Renovated kitchens with new appliances Fully updated bathrooms A recorded easement down a private dirt road provides access and privacy, opening up to a hidden gem in the middle of town. Currently income-producing, this property presents a rare blend of immediate cash flow and long-term development potential. Whether youre seeking a multi-generational setup, investment opportunity, or the perfect location to expand, this one checks all the boxes. Dont miss your chance to own a truly special piece of Watkinsville.1. Development Potential, 2. Second Residence, 3. Income Producing, 4. Investment Property, 5. Prime Location

Listing Agent

Stephanie Paulus

Keller Williams Greater Athens License #382171 Listed on: 03/31/2025

Keller Williams Greater Athens

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,217

Year Built

  • Built in 1972 | Remodeled

Lot Details

  • 3.22 Acre Lot

Home Design

  • House
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 1-Story Property
  • Crawl Space

Parking

  • 4 Parking Spaces
  • Carport
  • Off-Street Parking

Schools

  • Colham Ferry Elementary School
  • Oconee County Middle School
  • Oconee County High School

Utilities

  • Cooling Available
  • Central Heating
  • Septic Tank

Community Details

  • No Home Owners Association
  • Watkinsville Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,217

Year Built

Built in 1972 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1972
  • Levels: One
  • Lot Size Acres: 3.22
  • Structure Type: House, Other
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement: Crawl Space

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Block
  • Property Condition: Updated/Remodeled

Garage/Parking

  • Parking Features: Carport, Off Street
  • ParkingTotal: 4

Utilities

  • Cooling: Electric
  • Heating: Central
  • Sewer: Septic Tank
  • Utilities: Electricity Individual Meters, Water Individual Meters
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Colham Ferry
  • High School: Oconee County
  • Middle School: Oconee County
  • Elementary School: Colham Ferry
  • Middle School: Oconee County
  • High School: Oconee County

Rental Info

  • Owner Pays: Other

Tax Info

  • Year: 2024
  • Tax Annual Amount: 5217

Multi Family

  • GrossIncome: 55200
  • NumberOfUnitsTotal: 2

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

Property History

Date Event Price Change Sq Ft Price
03/20/2025 03/20/25 For Sale $1,300,000 -- $409 / Sq Ft
Source: Georgia MLS

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Source: Georgia MLS

MLS Number: 10489552

Georgia MLS