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Rabun 30523
62 Springhill Lane
$575,000
● House - Off Market

62 Springhill Lane

Clarkesville, GA 30523
bedrooms
3 Beds
bathrooms
3 Baths
square feet
2,448 Ft²
$3,028
Est. Monthly
4.04%
Cap Rate

About This Property

Lake Living at its Finest!  This stunning 3-bedroom, 3-bath home offers unparalleled convenience with direct access to beautiful Lake Burton and LaPrades. Enjoy cathedral ceilings, a cozy log fireplace, spacious kitchen complete with a granite breakfast bar and a sunlit sunroom. The master suite with en-suite is located on the main level for added comfort. Upstairs, a loft bedroom provides extra space. The finished basement boasts 9-foot ceilings, a bedroom, recreation room, bathroom, laundry area. Experience the ultimate in lakefront living with this incredible property.    Easy walk to the lake and LaPrades!    Being Sold "AS IS" Presently being used a Vacation Rental,
Unit Size
2,448 Ft²
Days on Market
-
Land Size
0.41 acres
Price per sqft
$233
Property Type
House
Property Taxes
$229
HOA Dues
-
Year Built
2002

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (GAMLS #10359309)

Price History

Date / Event Date Event Price
Oct 1, 2024 Sold
Premium
Sold
Aug 25, 2024 In contract -
In contract
Aug 15, 2024 Listed by Nacoochee Real Estate $570,000
Listed by Nacoochee Real Estate
Sep 3, 2015 Sold
Premium
Sold
Aug 1, 2003 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 18
  • Interior Walls Type: 18
  • Roof Shape Type: 16
  • Roof Cover Type: 13
  • Floor Cover: 9
  • Basement Type: 3
  • Basement Area: 912
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 17,860
  • Total Building Area: 2,448
  • Gross Building Area: 2,448
  • Building Area: 2,448
  • Building Area Measurement: R

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 11
  • Heated Square Feet: 2,448
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: 00900R - LK BURTON W/F OR ACCESS
  • Land Acres: 0000000410
  • Standard Land Use Code: 1001
  • County Land Use Code: R3
  • Legal Description 1: 09TY ADDON

Neighborhood

  • School District Name: Rabun County School District
  • Census Tract: 970304

Zoning

  • Zoning: VC

Geography

  • Assessors Map Reference: MAP LB03
  • Account Number: 3713
  • District: 13
  • Parcel: LB03 016
  • Lot: 27
  • Municipality: LAKE BURTON
  • Latitude: 34.8242
  • Longitude: -83.5878

    Address

  • Full Address: 62 Springhill Ln
  • Address - House Number: 62
  • Address - Street Name: Springhill
  • Address - Suffix Type: Ln
  • State: GA
  • City Name: Clarkesville
  • Carrier Code: R001
  • 4-Digit Zip Code: 5758
  • Zip Code: 30523

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $285,398

    Appraisal Valuation

  • Standard Deviation: 0.2469
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 65
  • Final Value: 855,440
  • High Value: 1,066,704
  • Low Value: 644,177

    Market Valuation

  • Market Total Value: $389,826
  • Market Land Value: $38,500
  • Market Improvement Value: $351,326

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $155,930
  • Assessed Land Value: $15,400
  • Assessed Improvements Value: $140,530

    Sales

  • Current Sale Contract Date: Sep 03, 2015
  • Current Sale Recording Date: Sep 03, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2015-001192
  • Previous Sale Recording Date: Aug 01, 2003
  • Previous Sale Contract Date: Aug 01, 2003
  • Previous Sale Amount: $149,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Rabun

Stats & Trends

Median Asking:

$447,000

Sale Price/ft²

$263

Below Asking

0.03%

Average Days on Market

94

Average Home Size

2341 ft²

Average Home Age

32.1 years

Currently For Sale

280 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 185 Pope Dickson Lane, Clarkesville, GA, 30523

$2,400 /mo

  • 2 Beds
  • 2 Baths
  • 1,486 ft²
185 Pope Dickson Lane, Clarkesville, GA, 30523 Listing by CHRIS COLLIN

Rentals Near You

Click here to view more rentals in the neighborhood.
GAMLS

Listed by: Graham Bell, Nacoochee Real Estate
Last Updated: 3 years ago
Data Source: GAMLS, MLS# 10359309
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of GAMLS. All real estate listings are marked with the GAMLS Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
Copyright 2026 GAMLS. All rights reserved.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 62 Springhill Lane built and last sold?
The property at 62 Springhill Lane was built in 2002 and last sold on Sep 3, 2015 for $390,000.
How much is this home worth?
The estimated value of the home located at 62 Springhill Lane is $578,625.
What are some comparable homes to 62 Springhill Lane?
There are currently no comparable homes to 62 Springhill Lane.
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