***Back on market due to last-minute buyer financing issues*** Location! Location! Location! And so many options await the next owners of this masterfully crafted cottage nestled deep inside Lakemont Heights! Only a bike ride away from Bedford Greenhouses, The Augusta Canal Trail System and the beautiful Lake Olmstead, you will never run out of activities while you are not out back enjoying the privacy of the back yard! This property was completely renovated from the ground up in 2021 and it certainly shows. For a primary homeowner, this 2-bedroom, 2 full-bathroom home is a fantastic option for the busy young professional looking for a first home that will require very little initial maintenance. For a savvy investor, welcome to a true plug-in and play AirBnb or long-term rental that averaged 2450/month in gross revenue over the past 8 months! Mature hardwoods and public water ways envelope the back of this property, ensuring that you will enjoy the serene backwoods views for years to come! No flood insurance required!!!
Sold for $210,000 on 06/21/24
$210,000
861 Lake Terrace Dr, Augusta, GA 30904
2beds
920sqft
Single Family Residence, Residential
Built in 1950
-- sqft lot
$221,900 Zestimate®
$228/sqft
$1,373 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: July 18, 2025 at 09:46am
Listed by:
Matt Kelly 706-814-0998,
Blanchard & Calhoun - Scott Nixon
Bought with:
No Place Like Home Team, 336201
Keller Williams Aiken Partners
Source: REALTORS® of Greater Augusta,MLS#: 528971

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Level: Main
- Area: 176 Square Feet
- Dimensions: 11 x 16
Bedroom 2
- Level: Main
- Area: 121 Square Feet
- Dimensions: 11 x 11
Kitchen
- Level: Main
- Area: 192 Square Feet
- Dimensions: 12 x 16
Laundry
- Level: Main
- Area: 35 Square Feet
- Dimensions: 5 x 7
Living room
- Level: Main
- Area: 209 Square Feet
- Dimensions: 11 x 19
Interior area
- Total structure area: 920
- Total interior livable area: 920 sqft
Property
Details
- Parcel number: 0201202000
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence, Residential
Condition
- Year built: 1950
Community & neighborhood
Location
- Region: Augusta
- Subdivision: Lakemont Heights (RI)
Services availability

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$221,900
2% more+ $4,438
With Zillow Showcase(estimated)
$226,338