About This Home

This 0-bedroom, 0-bathroom commercial at 106 Lakeview Estates Drive in Eatonton, GA is listed for $9,500,000. on a 24.95 acres lot.

Key Features

  • 24.95 acre lot
Listing Description

LAKE OCONEE WATERFRONT DEVELOPMENT OPPORTUNITY | 237-UNIT POTENTIAL | EATONTON, GA The Cove at Lakeview offers a rare waterfront development opportunity on Lake Oconee, approximately 2 miles south of The Ritz-Carlton Reynolds, Lake Oconee, in desirable Reese's Cove.

Featuring approximately 210+/- yards of shoreline, the property has permittable plans for an Independent Senior Living / Active Adult townhome community with development potential for up to 237 units, with projected pricing starting at $700K+. Key infrastructure is already in place, including county water, prepaid sewer capacity, and an on-site lift station.

Planned sewer is gravity fed, other essential utilities are county provided, and the property requires minimal grading, helping streamline development. The cove may also be dredged for additional depth, subject to applicable approvals. Potential resort-style amenities include a clubhouse, pool, floating pavilion, tranquility garden, pond, pickleball courts, beach area, water access, 18 community boat docks, sidewalks, and ample amenity parking.

Located just a short drive or boat ride from The Ritz-Carlton, Anchors Marina, and Silver Moon Restaurant, this irreplaceable site offers strong potential for a luxury waterfront, active adult, senior living, or build-to-sell residential community. Ideal for: Commercial Developers, Private Equity Real Estate, Senior Housing Developers, Active Adult

Developers, Family Offices, Residential Developers, Waterfront Developers, and Institutional Investors. Search Terms: Lake Oconee Development Opportunity, Georgia Waterfront Development Land, Senior Living Development Site, Active Adult Development, 55+ Community, Townhome Development, Residential Development Land, Greensboro GA Development Opportunity, Lakefront Investment Property.

Monthly Cost Estimate

$50,808/mo

20% down · 6.5% · 30 years

Principal$6,871
Interest$41,167
Insurance$2,771

Estimates only. Actual payments may vary.

Location

106 Lakeview Estates Drive

Eatonton, GA 31024

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 106 Lakeview Estates Drive is listed at $9,500,000. The estimated monthly payment is $50,808 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: 24.95 acre lot.

This property is listed by Sylvan Cown.

SC

Sylvan Cown

License 177405

Agent at Our Town Realty

Listed by Our Town Realty · Broker phone: 7062021033

MLS# CL335919· Source: Hive MLS· 452 days on PropertySimple

Copyright © 2026 Hive MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

106 Lakeview Estates Drive, Eatonton, GA 31024

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