Sold
$540,000
7 beds · 5,740 sqft
31 Barn Inn Road, Lakemont, GA 30552
Great deal
Priced about $505,328 (48%) below comparable homes. Estimated market value $1,045,328, based on 34 comparable homes in the metro.
Estimate from Veribas listing comps — a guide, not an appraisal.
About this home
LAKE RABUN HISTORICAL TREASURE. Move in Ready AND REDUCED TO SELL. The Barn Inn Bed & Breakfast, which could also double as a fine residential home with plenty of room across from the lake. Commercial Kitchen comes complete with wine chiller, Sub Zero Refrigerator, 2 dishwashers, 7 bedrooms, all with their own bathrooms., office, media room, huge family room with rock FP, 2…
PoolBasementNo HOA
Listing remarks courtesy of Berkshire Hathaway HomeServices Georgia Properties · Sold by Berkshire Hathaway HomeServices Georgia Properties.
· FMLS #5685204$3,692/mo est.
with $54,000 down · $540,000 list price*
Buyer services · Veribas Real Estate LLC — not the listing broker unless noted above
Connect with a lender · no credit check*Estimate — 30-yr fixed at 6.75% APR with taxes & insurance. Not a loan offer.
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Home details
7
Beds
5,740
Sqft
1938
Built
1.5 ac
Lot
1
Fireplaces
Veribas Rental Valuation
If you rented it out · from nearby rentals
$16,300/morange $15,150 – $17,45036.2% gross yield
Based on 5 similar rentals within 10 mi.
2 bd · 2 ba · 9.6 mi away$1,395/mo2 bd · 2 ba · 9.6 mi away$1,395/mo2 bd · 2 ba · 9.6 mi away$2,400/mo2 bd · 2 ba · 1,056 sqft · 8.7 mi away$3,000/mo
Automated estimate — actual rent depends on condition, terms, and season. Not a guarantee of rental income.
Home facts
Payment calculator
$3,850/mo
Principal & interest$3,152
Property taxes$540
Home insurance$158
Down payment$54,000 (10%)
Interest rate6.750%
Estimates only — taxes at 1.2%/yr and insurance at 0.35%/yr of price. Get exact terms from a lender via pre-qualification.
Value & price history
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Schools
Rabun - OtherElementary
Rabun - OtherMiddle
Rabun - OtherHigh
Location
5 for sale 1 pending 5 sold
Listed by
Berkshire Hathaway HomeServices Georgia Properties · Sold by Berkshire Hathaway HomeServices Georgia Properties
Source: FMLS · #5685204
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