Lake Rabun Home Under Contract

1069 Wexford Way, listed by Harry Norman Realtors, is under contract to a Lake Team client.

Highest Priced Home Ever on Lake Burton Now Under Contract

The Pointe, tri-listed for $10,900,000 by three agents with Harry Norman Luxury Lake and Mountains (Michael McGaughey, Julie Barnett & Crawford Grice)  is now under contract.

Another Sale on Lake Rabun

This bank owned home in the river section of Lake Rabun has just closed for $1,045,000.

Home Under Contract on Lake Rabun

Located on the Pigeon Run section of Lake Rabun, this home listed by Remax for $2,275,000 is now under contract.

Another Tear Down Sold on Lake Burton

This home on Lake Burton closed today for $775,000.  It was last listed for $975,000.  To date there have been 8 tear downs or lots sold on Lake Burton this year, with another 2 under contract.  These properties are selling at an average of 75% of their last listed price.

Lake Rabun Price Reduction

This spectacular home at 3994 Brandon Mill Road on Lake Rabun, listed by The Lake Team, has been reduced to  $1,299,000.

Another Home on Lake Burton is Under Contract

Listed by Michael McGaughey for $2.1m, this home at 460 Moccasin Creek on Lake Burton is now under contract.

Drawdown Schedule for Lake Burton, Rabun and Seed Announced by Georgia Power

RABUN DRAWDOWN:  Drawdown scheduled for Lake Rabun. We plan to lower Lake
Rabun approximately eight feet (8’) starting October 25, 2010. Lake Rabun
will begin to refill on November 18, 2010 and returning to normal operating
level by November 25, 2010.

SEED DRAWDOWN:  Drawdown scheduled for Lake Seed.    We plan to lower Lake
Seed approximately twelve feet (12’) starting November 18, 2010.  Lake Seed
will begin to refill on December 20, 2010 and returning to normal operating
level by December 31, 2010.

BURTON DRAWDOWN:  Drawdown scheduled for Lake Burton.    We plan to lower
Lake Burton approximately eight feet (8’) starting October 18, 2010.  Lake
Burton will begin to refill on February 1, 2011 and returning to normal
operating level by May 1, 2011.

During the drawdown, fluctuations may occur on a daily basis due to
generation demand, rainfall, or other events.

To receive a construction permit for new structures or for maintenance of
existing structures, a construction application will have to be submitted,
along with plans, to Georgia Power for review and approval. Residents
planning to build a new seawall will need to complete a Buffer Disturbance
Request form that will have to be approved by County LIA before a permit
will be issued by Georgia Power.

If you have questions regarding the drawdown or if we can assist you in any
way, please do not hesitate to call the GPC office at 1-(706)-782-4014.