Nestled in the heart of North Georgia's pristine mountain lake country, this lakefront property on Lake Rabun offers direct water access and breathtaking views that capture the essence of lakeside living. Located just west of the iconic Minnehaha Falls, the setting is a true hidden gem surrounded by hardwoods, nearby waterfalls, and the tranquil waters of one of Georgia's most coveted lakes. Prime lakefront positioning places you steps from the shore, with unobstructed views of sparkling blue waters, distant mountain ridges, and vibrant sunsets. Imagine waking to the gentle waves, or spending afternoons on your private dock watching boats go by in this exclusive, low traffic cove. The standout feature is the charming two story boathouse complete with a spacious sunroom upstairs, perfect for entertaining, relaxing, or enjoying 180 degree lake views year round. Below, ample storage awaits for boats, water toys, and gear. The existing home presents a blank canvas for your vision, ready to be reimagined into a custom mountain retreat that complements this unparalleled location. With water access, deck down to the lake, and proximity to hiking trails, local marinas, and charming Rabun County towns, this is more than a property. Seize this chance to own a slice of Lake Rabun paradise where natural beauty and endless potential converge. Schedule your private showing today!
Active under contract
$459,950
1007 Bear Gap Rd, Lakemont, GA 30552
4beds
1,512sqft
Est.:
Single Family Residence
Built in 1939
2.34 Acres Lot
$-- Zestimate®
$304/sqft
$-- HOA
What's special
Private dockPrime lakefront positioningWater accessDirect water accessUnobstructed viewsBreathtaking viewsCharming two story boathouse
- 66 days |
- 1,036 |
- 33 |
Zillow last checked: 8 hours ago
Listing updated: December 16, 2025 at 02:42pm
Listed by:
William Wiard 7277446969,
The Shop Real Estate Co.
Source: GAMLS,MLS#: 10633862
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 1
- Main level bedrooms: 1
Rooms
- Room types: Other
Heating
- Forced Air
Cooling
- Other
Appliances
- Included: Other
- Laundry: None
Features
- Other
- Flooring: Other
- Basement: None
- Number of fireplaces: 1
Interior area
- Total structure area: 1,512
- Total interior livable area: 1,512 sqft
- Finished area above ground: 1,512
- Finished area below ground: 0
Property
Parking
- Parking features: None
Features
- Levels: Two
- Stories: 2
Lot
- Size: 2.34 Acres
- Features: None
Details
- Parcel number: LR01 001 L
- On leased land: Yes
- Special conditions: As Is
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
- Roof: Composition
Condition
- Fixer
- New construction: No
- Year built: 1939
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
- Utilities for property: Other
Community & HOA
Community
- Features: None
- Subdivision: Lake Rabun Recreational Development
HOA
- Has HOA: No
- Services included: None
Location
- Region: Lakemont
Financial & listing details
- Price per square foot: $304/sqft
- Tax assessed value: $174,726
- Annual tax amount: $1,122
- Date on market: 10/29/2025
- Cumulative days on market: 48 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash
Estimated market value
Not available
Estimated sales range
Not available
$2,799/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 10/29/2025 | Listed for sale | $459,950-18.2%$304/sqft |
Source: | ||
| 5/8/2025 | Sold | $562,594+13.6%$372/sqft |
Source: Public Record Report a problem | ||
| 2/4/2020 | Listing removed | $495,143$327/sqft |
Source: Auction.com Report a problem | ||
| 1/24/2020 | Listed for sale | $495,143+0.5%$327/sqft |
Source: Auction.com Report a problem | ||
| 10/2/2019 | Listing removed | $492,600$326/sqft |
Source: Auction.com Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,122 +20% | $69,890 +31.9% |
| 2023 | $934 +2.1% | $52,991 +5.9% |
| 2022 | $916 +10.8% | $50,025 +13.5% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$2,582/mo
Principal & interest
$2214
Property taxes
$207
Home insurance
$161
Climate risks
Neighborhood: 30552
Nearby schools
GreatSchools rating
- NARabun County Primary SchoolGrades: PK-2Distance: 6.4 mi
- 5/10Rabun County Middle SchoolGrades: 7-8Distance: 6.1 mi
- 7/10Rabun County High SchoolGrades: 9-12Distance: 6.2 mi
Schools provided by the listing agent
- Elementary: Rabun County Primary/Elementar
- Middle: Rabun County
- High: Rabun County
Source: GAMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- Loading






