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For sale

132/154 River Drive, Midway, GA 31320

Listing by RE/MAX Eagle Creek Realty

Beds
—
Baths
—
Sq ft
—
Lot
0.87 acres

About this home

TWO charming 1-bedroom, 1-bath cottages tucked away on the scenic shores of Colonel's Island, each with its own unique character and endless possibilities. Currently operating as successful Airbnb rentals, this property presents an exceptional opportunity for investors seeking immediate income or buyers dreaming of a private coastal escape with built-in rental potential. The first cottage exudes a cozy vintage coastal charm, offering 448 square feet of thoughtfully designed living space, while the second showcases a warm Mediterranean-inspired style with 624 square feet of inviting interiors. Together, they create a picture-perfect retreat ideal for relaxation, entertaining, or income production. Both cottages share an impressive lineup of outdoor amenities designed to elevate the waterfront lifestyle, including a covered outdoor kitchen with a gas grill, outdoor shower, fire pit, and dock access-perfect for enjoying coastal mornings, sunset gatherings, and days on the water. Whether you're looking to expand your portfolio or claim your own island retreat, this one-of-a-kind property truly checks every box!

Type
Multi Family
Year built
1995
HOA
None
Garage
—
Property tax (2024)
$4,000/yr
Listed
—
MLS #
10824918

Features

Single story

Heating

Floor Furnace · Other

Cooling

Central Air

Property details

Interior

Laundry:
Other
Levels:
One

Exterior and lot

Lot size:
0.87 acres

Construction

Construction materials:
Stucco, Wood Siding
Foundation:
Slab
Property condition:
Resale

Utilities

Sewer:
Septic Tank
Water source:
Well
Utilities:
Electricity Individual Meters, Other, Water Individual Meters

Parking

Parking features:
Parking Pad

Community and HOA

Subdivision:
Blounts
HOA:
No
Community features:
Shared Dock

Taxes and financial

Annual tax amount:
$4,000 (2024)

Monthly cost

Estimated monthly cost

$4,475/mo

Principal & interest
$3,443
Property taxes
$333
Home insurance
$699

$139,800

Estimate only. Taxes use the listing's most recent figure where available; insurance assumes 1.2% of price per year, typical for the area, not including flood cover. Mortgage insurance applies below 20% down.

Price & status history

DateEventPrice
Aug 27, 2026Listed for sale$699,000

Schools

  • Liberty

    Elementary

  • Midway

    Middle

  • Liberty

    High

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

Location

More homes in Blounts

Listing information

Listing office:
RE/MAX Eagle Creek Realty
Listing ID:
10824918
Status:
For sale

Source: Georgia MLS · Updated 7m ago · Nov 12, 2026, 11:45 PM 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 12, 2026, 11:45 PM ET

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