000 Bear Gap Rd Lakemont GA 30552 | 8492110

New Price, $325,000. This is a rare and superior 4 Acre building lot in the quiet waters of Lake Rabun. There is 200 feet of waterfront on Lake Rabun with deep water access for a new boathouse. Buyer is purchasing a 1/9 ownership of Lorelei Land Company (LLCo) which solely (wholly) owns 61 waterfront and mountain acreage from Flat Creek east along both sides of Bear Gap Road. The Buyer’s interests in LLCo includes a 99 year renewable lease of Lot 1, solely for the owner of the share. The lot is 4.5 level acres and includes 200 feet of deep water frontage on Lake Rabun. Other benefits of ownership are the use of two LLCo owned cabins and hunting rights on LLCo owned Land. A waste water drain field and 1800 feet of horizontal geothermal lines are in place to serve an approved 4 bedroom home. There are 2 possible building sites, one in the open area and the other in the woodland.