Ryker Carter
Carter Group
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.
Directions: Follow I-20 E and US-129 S/US-441 S to Harmony Dr in Putnam County 21 min (22.2 mi) Continue on Harmony Dr. Drive to Lakeview Estates Dr 12 min (8.6 mi)
Ryker Carter
Carter Group
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Listed By: Sylvan Cown of Our Town Realty Inc. - (706) 202-1033