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1091 Presshaven Hill Road
Lakemont, GA 30552
$4,500,000
Conventional
Property
Bedroom
4
Bathroom
4
Property Type
Conventional
Square ft
4448
Property Description
Lake Rabun - Beautiful 4-bedroom, 4-bath custom home on a much-admired peninsula lot with 500 feet of lake frontage. Boaters take a second look as they go by this estate-sized lot (1.88 acres) with a gentle yard from the house to the stone seawall and a two-slip boathouse. You'll glide back and forth from the lake without getting out of breath! The lake wraps three sides of the house, offering a lake view from every room. This home ideally accommodates you and your family and/or guests with room to gather in the open kitchen and great room concept, which opens to the screened porch with a high vaulted ceiling that continues from the great room. Large glass doors and fixed glass in the eave provide the common wall from inside to outside. You'll keep looking up to admire the beautiful cypress ceilings in the great room, and if it's fall or winter, the open fireplace is a great one to back up to, or enjoy a view of from anywhere in the great room. This house is "cabinet happy" throughout, and the spacious, well-lit kitchen is a delight for meal preparation and gathering for great conversations. When it's time to retire for the evening, your guests will enjoy the spacious private space of the large 2-room suite at one end of the home. This area can be entered from within the main level or through a separate entrance in case the schedules of the lake lives vary. There are 3 beautiful bedrooms and three baths on the main level, each with a lake view, a large bedroom area and bath in the suite, and a bonus room. The occupants of the owner's bedroom have a private porch as an additional place to retreat to. There's also an office, if a little remote work has to be done at the lake. Closets and storage are abundant as well. This home is a great lakefront get-away but has been used as a year-round home, so there are many "well thought-out" extras like dual propane tanks piped to the screened porch grill, kitchen gas range, whole house generator, and propane furnaces. There are 3 HVAC systems and "if you know, you know", there are 4 Hunter brand, old-fashioned heavy "drug store" paddle fans - two on the screened porch and two in the great room. There aren't many lake houses with the amount of parking this one has. The outside parking area is very large, and there's a triple car carport that's wired for garage doors if one desires. Complementing the parking bays are three storage areas for yard equipment, large toys, and one is an insulated and ventilated "safe" room. For kids that like to play in the woods and firewood storage, this large lot has a great spot for these activities. Appointment only. The seller is a licensed Georgia Real Estate Broker.
Property Information
Lot Size
1 acre(s) square ft
Property Type
Residential
Year Built
2002
MLS Number
10235881
Location
Address
1091 Presshaven Hill Road
City
Lakemont
State
GA
Zip Code
30552
County
RABUN
Listing
Provider
RE/MAX of Rabun, original listing
Name
RE/MAX of Rabun
Phone
(706) 782-2121
Office Name
Poss Realty
Office Phone
(706) 782-2121
Agent Name
Scott Poss

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As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale. This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments. Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.