Bear Gap Rd, Lakemont, GA, 30552
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$325,000

Bear Gap Rd
Lakemont, GA 30552

For Sale|Land|Active
Subdivision:
Lake Rabun
County:
Rabun

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706-715-5550
Bear Gap RdBear Gap RdBear Gap RdBear Gap Rd
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New Price, $325,000. This is a rare and superior 4 Acre building lot in the quiet waters of Lake Rabun. There is 200 feet of waterfront on Lake Rabun with deep water access for a new boathouse. Buyer is purchasing a 1/9 ownership of Lorelei Land Company (LLCo) which solely (wholly) owns 61 waterfront and mountain acreage from Flat Creek east along both sides of Bear Gap Road. The Buyer's interests in LLCo includes a 99 year renewable lease of Lot 1, solely for the owner of the share. The lot is 4.5 level acres and includes 200 feet of deep water frontage on Lake Rabun. Other benefits of ownership are the use of two LLCo owned cabins and hunting rights on LLCo owned Land. A waste water drain field and 1800 feet of horizontal geothermal lines are in place to serve an approved 4 bedroom home. There are 2 possible building sites, one in the open area and the other in the woodland.

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Listing Snapshot
Price
$325,000
Days Online
668 Days
Bedrooms
N/A
Inside Area (SqFt)
N/A
Total Baths
N/A
Partial Baths
N/A
Lot Size
4 Acres
Year Built
N/A
MLS Number
8492110
Status
Active
Property Tax
$2,222
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
9 hours agoListing updated with changes from the MLS
2 months agoPrice changed to $325,000
6 months agoPrice changed to $350,000
2 years agoListing first seen online
General Features
Lot Size
2-5 Acres
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Community Features
Amenities
Boat/Camper/Van PrkgLakeMarinaNeighborhood Association
Lake
4 Acre Lot on Lake Rabun. This lot is part of the Lorelei Land Co, Inc. and the Seller has a 1/9 interest in the corporation, which has a total of 61.5+ acres. A homesite has been identified on the property and a waste water drainfield is in place.
Boathouse
Dock Approval RequiredVerbal Appr Dock Permit
Schools
School District
Unknown
Elementary School
Rabun County Primary/Elementar
Middle School
Rabun County
High School
Rabun County
Listing courtesy of Lake Rabun Realtors Inc.



Information deemed reliable but not guaranteed. 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 this office are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. Copyright © 2020-present Georgia MLS. All rights reserved.
Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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