Nestled in the heart of Georgia is beautiful Lake Oconee, the second largest lake in the state with 19,050 acres of water and 374 miles of winding shoreline. Lake Oconee is owned and operated by the GA Power Company and was formed as a source to generate hydroelectricity. Upon its completion in 1980, GA Power reserved 1400 acres for wildlife habitats, fish plots and recreational areas.
Lake Oconee is a popular destination for full-time residents and second-home occupants alike. There is a huge supply of Lake Oconee real estate, ranging from lakefront homes, to golf course properties, to rural tracts, and finally to townhomes and condos. Currently, there are a little over 1100 properties for sale in the Lake Oconee area. The lake’s location within the state is one of the reasons many people choose to reside in the area. With I-20 bisecting the lake, it is about an hour and a half from Atlanta to the west and Augusta to the east. Macon is about an hour south of the lake, while Athens (home of the GA Bulldogs) is a short 45 minute drive to the north.
One aspect of the Lake Oconee community that draws people to the area are eight of the finest golf courses in the country. Many of them have holes that meander along the shoreline of Lake Oconee, while others lie beneath the Georgia pines or curve along the winding creek beds of the communities. The gated golf communities that are home to these award-winning golf courses are: Reynolds Lake Oconee, The Landing at Reynolds Lake Oconee, Great Waters at Reynolds Lake Oconee, Harbor Club and Cuscowilla.
Reynolds Lake Oconee boasts six stunning golf courses with 117 holes for play. These courses include The Preserve, The National, The Oconee, The Landing, Great Waters, and the first members-only course, The Creek Club. Each of these courses were engineered by world-renowned designers like Bob Cupp, Jack Nicklaus, Rees Jones, Jim Engh, and more. Reynolds Lake Oconee real estate can be purchased alongside the holes of these golf courses, on the shoreline of Lake Oconee, or in the wooded interior of the community. Some properties even overlook the tranquil ponds with water features that are scattered throughout the community. Reynolds Lake Oconee also has townhomes and condos available to purchase. For property owners who don’t own waterfront real estate within Reynolds, they offer a marina for boat storage, docking, and access to and from the lake. Like the Reynolds Lake Oconee communities, Harbor Club and Cuscowilla each offer an award-winning golf course, world-class amenities, and access to beautiful Lake Oconee.
Golf isn’t the only thing that draws residents to Lake Oconee. The lake itself brings lots of people to the area. Lake Oconee is well-known for fishing, as it has 433Ibs of fish per acre. Lake Oconee boasts a variety of fish, including: largemouth, white, striped and hybrid bass. You’ll also find black crappie, bream and channel catfish. For individuals who have no interest in golf or residing in the golf communities, but love the “lake life," and participating in lake activities like boating or fishing, there is an ample supply of Lake Oconee real estate to be had in the various lakefront communities throughout the area. Many of Lake Oconee’s lakefront communities offer lake access via community boat ramp, and some even offer day-use docking. Lakefront homes and lots for sale outside of the gated golf communities are more affordable than those located within the gates. You can get more house and acreage for your money when buying within a lakefront community, as opposed to a gated golf community. Prices of lakefront homes outside of the gates can range widely from $175K (for a manufactured lakefront home) to over $1 Million.
For people who want to own Lake Oconee real estate but don’t want the upkeep of a yard, dock, seawall, etc., there is still an option for them. There are several lakefront townhome and condo communities that offer stunning lake views from the units, while providing ground keeping for the residents. Many part-time residents prefer purchasing properties within these communities, since they don’t reside in the area full-time and don’t want to bother with maintaining a yard. Many of the lakefront townhomes and condos offer assigned boat slips or day-use docking, and some even offer boat storage. Prices of lakefront townhomes and condos range from just under $200k to just over $500k depending on the location and the amenities that community has to offer.
Another great option for people wanting to reside in the Lake Oconee area with access to the lake, but no yard maintenance is Del Webb, the active adult community. Del Webb Lake Oconee offers lake access with a boat ramp and docks, and even has boat storage. They have a lakeside pavilion with outdoor fireplace and picnic tables perfect for enjoying the lake at sunset. Homes in Del Webb can be purchased from around $200k to just over $575k. They are all single family residences, not condos.
There are several offwater communities in the Lake Oconee area for people not wanting to live on the lake, or not needing easy access to it. Some are in a rural setting, while others are in quaint neighborhoods in historic Downtown Greensboro, Eatonton, and Madison.
As you can see, there are several property types available for interested individuals wanting to move to the area. Whether a lake home, golf course home, or townhome is desired, there is certain to be something for everyone! Visit our website to see what’s for sale in the Lake Oconee real estate market!