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For sale

1190 Waterstone Drive, Madison, GA 30650

Listing by Redeemer Realty

Acreage
5.49 acres
Price per acre
$60,109/acre

About this property

Hard-to-find 5.49-acre estate lot in Waterstone Farms. Lot 5 offers 300+ feet of width, mature hardwoods, an elevated building site, and a gentle rear slope with potential horse suitability after clearing. Enjoy direct access to community trails, a community boat ramp, and the option to upgrade to a private boat slip. Waterstone Farms features two community-owned lakefront lots, rural-lifestyle covenants, privacy, and lake access just 10 minutes east of Madison on Lake Oconee's quiet north shore.

Type
Residential Lot
Acreage
5.49 acres
Price per acre
$60,109/acre
HOA
$650/mo
Property tax (2018)
$1,230/yr
Listed
—
MLS #
10824128

Features

Lot

Level

Property details

Exterior and lot

Lot size:
5.49 acres
Road surface:
Paved

Utilities

Utilities:
Electricity Available, Underground Utilities

Community and HOA

Subdivision:
Waterstone Farms On Lake Oconee
HOA:
Yes
HOA fee:
$650/month
Community features:
Lake

Taxes and financial

Annual tax amount:
$1,230 (2018)
Special listing conditions:
Agent/Seller Relationship
Current use:
Subdivision
Possible use:
Recreational, Residential, Timber

Monthly cost

Estimated monthly cost

$2,378/mo

Principal & interest
$1,625
Property taxes
$103
HOA dues
$650

$66,000

Land loan: terms vary; check with your lender. Estimate only, with no home or mortgage insurance: there's no house on this land. Taxes use the listing's most recent figure where available.

Price & status history

DateEventPrice
Aug 27, 2026Listed for sale$330,000

Schools

  • Morgan

    Elementary

  • Morgan

    Middle

  • Morgan

    High

School assignments can change — verify with the district before you buy.

Location

More homes in Waterstone Farms On Lake Oconee

Listing information

Listing office:
Redeemer Realty
Listing ID:
10824128
Status:
For sale

Source: Georgia MLS · Updated 11m ago · Nov 11, 2026, 8:30 AM ET

Georgia MLS

Listings courtesy of Georgia MLS. Listing information © 2026 Georgia MLS. All rights reserved. Each listing names its listing firm.

© 2026 Georgia MLS. All rights reserved. Information is deemed reliable but is not guaranteed. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by GAMLS. Last updated Nov 11, 2026, 8:30 AM ET

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$330,000

Land · 5.49 acres

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