$9,500,000
About this home
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.
Property details
- MLS
- Hive MLS
- MLS #
- CL335919
- Property type
- Land
- Subdivision
- N/A
- Status
- Active
- Days on market
- 370
- On market date
- August 4, 2025
- Stories
- N/A
- Total bathrooms
- N/A
- Garage spaces
- N/A
- Parking spaces
- N/A
- Lot size
- 24.95 acres
Location
Get directions →Nearby schools
Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.
- Enrollment
- 872
- Student:teacher ratio
- 14.1:1
- District
- Greene County
- Enrollment
- 731
- Student:teacher ratio
- 12.6:1
- District
- Putnam County
- Enrollment
- 263
- Student:teacher ratio
- 10.1:1
- District
- Greene County
Walkability
Blended score for Eatonton's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). EPA National Walkability Index only -- nearby-amenity data not cached yet for this area.
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Data source: Listing information provided by Hive MLS via Trestle/CoreLogic. Last updated September 7, 2026.
Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.