***Back on market due to last-minute buyer financing issues*** Location! Location! Location! And so many options await the next owners of this masterfully crafted cottage nestled deep inside Lakemont Heights! Only a bike ride away from Bedford Greenhouses, The Augusta Canal Trail System and the beautiful Lake Olmstead, you will never run out of activities while you are not out back enjoying the privacy of the back yard! This property was completely renovated from the ground up in 2021 and it certainly shows. For a primary homeowner, this 2-bedroom, 2 full-bathroom home is a fantastic option for the busy young professional looking for a first home that will require very little initial maintenance. For a savvy investor, welcome to a true plug-in and play AirBnb or long-term rental that averaged 2450/month in gross revenue over the past 8 months! Mature hardwoods and public water ways envelope the back of this property, ensuring that you will enjoy the serene backwoods views for years to come! No flood insurance required!!!
Sold for $210,000 on 06/21/24
$210,000
861 LAKE TERRACE Drive, Augusta, GA 30904
2beds
920sqft
Single Family Residence
Built in 1950
0.57 Acres Lot
$220,800 Zestimate®
$228/sqft
$1,167 Estimated rent
Home value
$220,800
$190,000 - $258,000
$1,167/mo
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: July 18, 2025 at 09:46am
Listed by:
Matt Kelly,
Blanchard & Calhoun
Bought with:
No Place Like Home Team, 336201
Keller Williams Aiken Partners
Source: Hive MLS,MLS#: 528971
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Level: Main
- Dimensions: 11 x 16
Bedroom 2
- Level: Main
- Dimensions: 11 x 11
Kitchen
- Level: Main
- Dimensions: 12 x 16
Laundry
- Level: Main
- Dimensions: 5 x 7
Living room
- Level: Main
- Dimensions: 11 x 19
Heating
- See Remarks
Cooling
- Central Air
Appliances
- Included: Built-In Electric Oven, Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
Features
- Flooring: Other
- Has basement: No
- Attic: Other
- Has fireplace: No
Interior area
- Total structure area: 920
- Total interior livable area: 920 sqft
Property
Parking
- Parking features: See Remarks
Features
- Levels: One
- Patio & porch: Deck, Front Porch, Rear Porch
- Exterior features: See Remarks
Lot
- Size: 0.57 Acres
- Dimensions: 24,829 SqFt
- Features: See Remarks
Details
- Parcel number: 0201202000
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Foundation: Block
- Roof: Composition
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1950
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: See Remarks
Location
- Region: Augusta
- Subdivision: Lakemont Heights (RI)
Other
Other facts
- Listing terms: 1031 Exchange,Cash,Conventional,FHA,Other,VA Loan
Price history
| Date | Event | Price |
|---|---|---|
| 7/3/2024 | Listing removed | -- |
Source:  Aiken MLS #211722 | ||
| 6/25/2024 | Listed for sale | $210,000$228/sqft |
Source:  REALTORS® of Greater Augusta #528971 | ||
| 6/21/2024 | Sold | $210,000$228/sqft |
Source:  Hive MLS #528971 | ||
| 5/18/2024 | Pending sale | $210,000$228/sqft |
Source: REALTORS® of Greater Augusta #528971 | ||
| 5/10/2024 | Listed for sale | $210,000+16.7%$228/sqft |
Source: REALTORS® of Greater Augusta #528971 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,238 +14% | $69,296 +11.8% |
| 2023 | $1,962 +19.6% | $61,960 +108.5% |
| 2022 | $1,641 +106.6% | $29,713 +125% |
Find assessor info on the county website
Neighborhood: Lakemont
Nearby schools
GreatSchools rating
- 4/10Garrett Elementary SchoolGrades: PK-5Distance: 0.7 mi
- 3/10Tutt Middle SchoolGrades: 6-8Distance: 2.4 mi
- 2/10Westside High SchoolGrades: 9-12Distance: 2.9 mi
Schools provided by the listing agent
- Elementary: Garrett
- Middle: Tutt
- High: Westside
Source: Hive MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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$220,800
2% more+ $4,416
With Zillow Showcase(estimated)
$225,216