5 Serenity Pt Milledgeville, GA 31061
This exceptional 0.95-acre commercial lot, situated in the prestigious Serenity Point subdivision on Lake Sinclair in Milledgeville, Georgia (zip code 31061, APN 086C012), presents a unique investment opportunity. Boasting over 137 feet of shoreline, this lot (Lot 5) offers expansive lake views and is ideal for development. Serenity Point is a newly released lakefront community, less than ten minutes from local dining, shopping, and grocery stores, providing the perfect blend of tranquil lake living and convenient access to amenities. The subdivision features ten lots, each with ample shoreline, allowing for the construction of a double-stall boathouse. Short-term rentals are prohibited, ensuring a peaceful and consistent neighborhood atmosphere. This lot's location, extending towards deeper water, creates a desirable point property. Its proximity to Mays Road adds to its accessibility. The asking price for this remarkable property is $319,000. Don't miss this chance to own a piece of Lake Sinclair's most sought-after neighborhoods.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.