tomo logo

$478,000

Beds
3
Baths
2.5
sq ft
1,501

224 Dragon Tree Ln, Lakemont, GA 30552

224 Dragon Tree Ln

Lakemont, GA 30552

  • 22 days on market
Escape to the best little cabin you will ever find on a private wooded site located right over the hill from gorgeous Lake Rabun. Featuring 3 spacious bedrooms and 3.5 baths, this craftsman home has beautiful wood floors, tongue-and-groove wood ceilings, and a wonderful stone fireplace, perfect for cool nights gathered with friends. The lower level is beautifully finished with 2 additional bedrooms, 1 bath, workshop area and workout room. Enjoy the mountains from multi-level wrap-around decks, perfect for relaxing or entertaining. A cozy fire pit outside adds to the charm. This cabin has everything you need right around the corner from historic Lakemont shopping and restaurants, and oh so close to Halls Boathouse at Lake Rabun!

Details

Property type

Single Family Residence

Est. home value

$406,419

Lot size

1.31 acres

Price per sq ft

$319

Year built

2006

Annual property taxes

$2,352.18

Monthly HOA fee

$29.17

Price History

03/12/2025
GeorgiaMLS

GeorgiaMLS #10477083

Listed
$478,000
+17.16%
10/16/2023
GeorgiaMLS

GeorgiaMLS #10198635

Sold
$408,000
+13.65%
09/06/2022
GeorgiaMLS

GeorgiaMLS #10060269

Sold
$359,000

Schools & Community

Elementary school: 

Rabun County Primary/Elementar

Middle school: 

Rabun County

High school: 

Rabun County

Community features: 

Lake

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$145,925
Asking price
$478,000
Closing costs (~8% of asking)
-$38,240
Est. remaining loan balance
-$293,835
Cash to seller
$145,925

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Rabun County Bank

Loan start date

October 2023

Original loan amount

$298,000

Est. remaining balance

$293,835

Interest rate

7.23%

Loan type

New Conventional, 30 year

Seller

William T Lafevers and Katrina A Myers

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 04/04/2025 at 5:25 AM

Listing updated: 03/26/2025 at 1:11 AM

Listed by: Jon Barnwell Team, RE/MAX Town & Country

MLS: GeorgiaMLS #10477083

GeorgiaMLS logo

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