#lake oconee real estate
Lake Oconee Real Estate Market
Kim Logan Real Estate Agent Greensboro, GA (706) 338-0757 Contact Profile
Recently, Lin and I were contacted by Martin Sinderman of the Atlanta Business Chronicle for information about the Lake Oconee real estate market. We feel honored to be selected to have input for the story he is writing for the October 25th Home Quarterly section of the publication!
Question: What’s the price of entry into the luxury vacation/second home market — and what can buyers expect for their money?
Response: At $300-500,00 range you will get on the lake but have to choose from location, water depth, view or fixer upper
$500,000 buys you a very nice home on the golf course / lake access or a 3-4 bedroom lakefront home
At $650-a million you can get a pretty good lake home with little fixing up and great water view and more of a full time home.
1.3 million -1.5 million buys you in the gated golf communities a really nice home with all the bells and whistles (The inventory here has really sold this year to the baby boomers retiring in this price range.)
1.8 million and up- buys you a WOW home! A Home on the lake with a swimming pool, gourmet kitchens, heart pine floors with beams and wine cellar and movie theatre rooms.)
There are also some great values on condos both lakefront and lake access in the area. These offer the amenities without all the extra work!
People love Lake Oconee because we do not have boat traffic like Lake Lanier. Also we are a Georgia Power lake, so our water levels do not fluctuate like the Core of Engineer lakes such as Lake Hartwelll, Lanier and Altoona.