The Lake Oconee region is one of the fastest growing areas in  Georgia as the market for second homes is still growing. A new development by Synergy Realty is going to create an 1,400 home development on the lake. Lake Martin and Lake Lanier,  two of the top lake front communities near Atlanta have shown signs of nearing build out and pricing has risen dramatically.

Synergy Realty Services LLC plans WaterSide at Lake Oconee, a $70 million, 1,400-home development that could include a 250-room hotel, a 30-slip marina and 25,000 square feet of retail space.

Lake Oconee, about 70 miles east of Atlanta, has become a draw for metro residents, and developments have sprung up around it in Greene, Putnam and Morgan counties.
WaterSide at Lake Oconee would be developed over five years on 993 acres.
Morgan County is already home to 1,100-acre Madison Lakes. In Greene County, there’s the 14,000-acre Reynolds Plantation, which began development in 1986 and which has 90 miles of lakefront property. The 251-room Ritz-Carlton Lodge, which opened in 2002, is part of Reynolds Plantation.
WaterSide at Lake Oconee would be on the west side of Lake Oconee south of Interstate 20, and have 550 single-family homes, 500 villa-style cluster homes in active adult communities, and 350 condominiums and townhouses, said Randy Herron, Synergy’s principal.
Lot prices will range from the $50,000s in neighborhoods with lake access to more than $500,000 for lakefront lots. via Atlanta Business Chronicle

Map of Lake Oconee Region

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