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    2316 Payton Dr Elberton, GA 30635

    For Sale
    $450,000

    Unimproved Land - Elberton, GA

    Type:Unimproved Land
    Lot size:
    11.63 Acres
    Days on Market:
    19
    Last Refresh:
    Dec 8 at 8:06 am

    Property Features for 2316 Payton Dr

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    061004D
    Lot size
    11.63 Acres

    Building Details

    Architectural style
    Other

    Performance Marketing Group, LLC dba Chapman Hall Realtors Professionals (678) 730-0080 [email protected]

    Listing agent Marie Riedel (678) 730-0080

    Listing date Nov 20, 2025

    MLS# 7681555 Listing URL

    Copyright © 2025 First Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Lakefront Land with Development Potential

    This 11.63-acre property is a lake lot located on Lake Russell. It features a community well and existing power infrastructure. The land borders Corps of Engineers property, enhancing privacy. The topography is mostly level, gently sloping towards the water. The area is characterized by abundant wildlife and peaceful natural surroundings. The land spans both sides of Payton Road and has the potential to be divided into two separate lots, each with lake access. The property is located less than one mile from Russell State Park. A minimum home size of 1,400 sq. ft. is required. This property presents an opportunity to construct a private lake home, a retreat, or two homesites.
    Property Profile Location Intelligence

    Current Use by Public Records

    Recreation land

    Map

    City
    Elberton
    County
    Elbert
    State
    Georgia
    Longitude
    -82.760766
    Latitude
    34.186283

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    FAQs

    What type of property is this?
    Land - 11.63-acre lake lot on Lake Russell with utilities in place.
    Where is this land located?
    The property is located at 2316 Payton Dr Elberton, GA.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: - 11.63-acre lake lot on Lake Russell with lake access; - Borders Corps of Engineers land for added privacy; - Community well and power already in place
    (678) 730-0080
    Request Owner's contact information
    2316 Payton Dr Elberton, GA 30635
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    Elberton, GA 30635
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2316 Payton Dr Elberton, GA 30635
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