Inside 298 W River Bend Drive: A $3.5M Turnkey Estate on Lake Oconee

Inside 298 W River Bend Drive: A $3.5M Turnkey Estate on Lake Oconee

What does $3.5 million buy on Lake Oconee? At 298 W River Bend Drive in Eatonton, it buys a fully furnished, 6,176-square-foot contemporary estate with a private dock, a salt water pool, and lake views from nearly every room — turnkey and ready to move into.

I don't say this often, but this one is different. Most homes I show are built to a blueprint — a good one, sometimes a great one, but a blueprint all the same. This home wasn't. Every space at 298 W River Bend Drive was designed with intention, from the 24-foot ceiling in the foyer to the iron doors and custom pine beams that carry through the main living areas.

If you're shopping the luxury end of Lake Oconee and you want a home that's already done — furnished, finished, and functioning — I want you to see this one before it's gone. Here's what makes it worth the drive.

Where It Sits on Lake Oconee

This home is on the south end of Lake Oconee, near the dam, which puts you a short boat ride from the Ritz-Carlton and Reynolds Lake Oconee — close enough for dinner on the water, far enough to feel private. The lot runs 0.64 acres to a seawall, with a private dock and boat lift already in place.

Lake Oconee's water levels are managed by Georgia Power, which is worth understanding before you buy on any part of the lake — you can check current levels and lake operations through Georgia Power's official water levels page. Dock access and lake frontage are two of the biggest value drivers I evaluate with buyers on Lake Oconee and Lake Sinclair, and this property checks both boxes.

A Home Built for the Way You Actually Live on the Lake

At 6,176 square feet, this is a five-bedroom, six-bath home (five full, one half) with the primary suite on the main level — a layout most of my lake buyers ask for specifically, so you're not climbing stairs at the end of a day on the water.

The interior details set it apart:

  • Vaulted ceilings and walk-in closets throughout
  • A wet bar, wine bar, and coffee bar for entertaining on your own terms
  • Custom pine beams and iron doors that give the home real architectural weight
  • A designer foyer with 24-foot ceilings as your first impression walking in

Built for Big Groups and Lake Days

This is a house that was clearly designed for a full house. There's a bunk room that sleeps 14, a game room with a pool table, shuffleboard, and darts, a home gym, a volleyball court, and — a detail my clients with dogs always love — a dog splash pad. Add the in-ground salt water pool and multiple patios, and you have a property that functions like a private resort, not just a residence.

Turnkey, Furnished, and No HOA

The home is being sold fully furnished — walk in and you're living there. And because there's no HOA, you're not signing up for dues or restrictions on top of the purchase price. As I tell buyers looking at this price point: no dues, your rules.

The Details That Matter Before You Tour

Beyond the lifestyle features, here's what you should know going in:

Feature

Detail

Price

$3,500,000

Living area

6,176 sq ft

Lot size

0.64 acres

Bedrooms / Bathrooms

5 / 6 (5 full, 1 half)

Year built

1997

Roof

Metal

Water / Sewer

Public water / septic

Heating

Central, dual-zone, electric with heat pump

Garage

Attached

If you're comparing this to other homes on the market, I'd encourage you to look past square footage alone. On Lake Oconee, value comes from a combination of frontage, dock access, water depth, lot topography, and condition — not just a number on a listing sheet. This home holds up well against that fuller picture.

Why Buyers Are Watching the Luxury Waterfront Market Right Now

Luxury and waterfront properties tend to move on a different timeline than the broader market, and buyers at this level are often making a lifestyle decision as much as a financial one. The National Association of REALTORS® luxury properties resource is a good general reference if you're trying to understand how high-end buying and selling differs from a standard transaction — financing, timing, and negotiation all look a little different up here.

What I can tell you from working this lake since 2014: turnkey, furnished, move-in-ready homes with real dock access don't sit long, especially when they're this close to the amenities at Reynolds and the Ritz-Carlton.

Frequently Asked Questions

Is 298 W River Bend Drive on Lake Oconee or Lake Sinclair? It's on Lake Oconee, on the south end near the dam — a short boat ride from the Ritz-Carlton and Reynolds Lake Oconee.

Does this home come furnished? Yes. The home is being sold turnkey and fully furnished, so you can move in without starting from scratch.

Is there an HOA? No. There's no homeowners association or associated dues with this property.

Let's Get You In the Door

Homes like this don't come around often on Lake Oconee, and I'd rather walk you through it in person than describe it any further here. If you're serious about luxury waterfront on this lake, call or text me at 706-818-4168 and I'll set up your private tour of 298 W River Bend Drive.

Thanks!

Traci Nelson REALTOR® | Ansley Christie's International Real Estate Call or text: 706-818-4168

Work With Traci

Traci has been an agent since 2014 and specializes in selling luxury lakefront home sales. What sets her apart from other agents is her extensive knowledge and local expertise in multiple locations – All of Georgia's lake country and the beautiful historic towns around it. It gives her the “one-up” to be able to give clients a full picture of the Lake Country and all in one Real Estate Agent.

Follow Me on Instagram