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$1,100,000
16 Beds ⋅ 8 Baths ⋅ CL360135 MLS ⋅ Steeplechase BLDG.
Rare opportunity to acquire a fully leased, 16-bedroom investment portfolio in prime locations near UGA and Downtown Athens! This bulk offering includes four 4-bedroom condos—three in Milledge Place on South Milledge Avenue and one in Steeplechase on Oconee Street. Fully leased through July 31, 2027, the portfolio offers dependable forward income, operating efficiencies and potential tax advantages for qualifying investors using accelerated depreciation or 1031 exchange. Steeplechase is an established 21-unit condominium community ideally located on Oconee Street in Downtown Athens. All 21 condos feature four bedrooms, two baths, on-site parking & in-unit laundry. Its highly walkable location provides convenient access to UGA, downtown dining, shopping and entertainment, as well as the nearby North Oconee River Greenway. Steeplechase also occupies a unique place in Athens history beside the preserved St. Mary’s Steeple, the site where R.E.M. played its first show in 1980. This rare combination of location, functional floorplan, parking and cultural significance supports Steeplechase’s enduring appeal as an Athens investment property. Steeplechase is surrounded by UGA, The HUB Apartments ($78 Million*), The Mark ($183 Million*), The Rive ($14 Million*) & More. *Value from recent sale or 2026 Tax Assessed value. Milledge Place is an established 74-unit condominium community located on S Milledge Avenue, just outside the Athens Perimeter but close to Five Points, UGA and Downtown Athens. The community features brick exteriors, a mix of two-, three- and four-bedroom floorplans, a swimming pool, ample parking, covered bicycle parking, bus stop at the entrance & sidewalks to Campus & Downtown! UGA’s golf course, soccer, softball and new track-and-field facilities, along with the State Botanical Garden of Georgia, are all nearby. Milledge Place offers investors the opportunity to own in an established community with the coveted Milledge Avenue address.

394 Oconee St Unit #21, E4, F5, F12, Athens

Listing courtesy of Woodall Realty Group.

$1,395,000
5 Beds ⋅ 6 Baths ⋅ CL340555 MLS
Welcome to this stunning 5-acre equestrian estate in the prestigious Steeplechase community of Oconee County, where timeless elegance meets exceptional horse trails and resort-style outdoor living. A grand, light-filled foyer with a wide central hallway creates an impressive first impression, offering a breathtaking view through French doors to the sparkling saltwater pool. Flanking the foyer are a sophisticated formal dining room and a dramatic two-story great room featuring a fireplace and an elegant balcony library. Designed for both everyday living and entertaining, the gourmet kitchen showcases custom cabinetry, a spacious walk-in butler's pantry, premium finishes, and a separate wet bar. The adjoining vaulted keeping room, complete with a fireplace, opens through French doors to the expansive outdoor living spaces, creating a seamless indoor-outdoor lifestyle. Conveniently located off the garage entry, the well-appointed laundry room offers abundant cabinetry and a utility sink. A private office provides the ideal work-from-home space, while the luxurious main-level owner's suite serves as a peaceful retreat with a spa-inspired bath featuring a jetted tub, oversized steam shower, and generous walk-in closet. Upstairs, each secondary bedroom enjoys its own private en-suite bath along with a sitting area or additional closet space. A dedicated gym provides room for fitness, while an oversized bonus room—currently used as a media and flex space—offers endless possibilities and exceptional storage. Outdoor living is equally impressive. Multiple covered porches overlook the beautiful saltwater pool, while the upper-level porch provides elevated views of the backyard oasis. An outdoor fireplace creates the perfect gathering space for relaxing or entertaining throughout the seasons. Equestrian enthusiasts will appreciate the thoughtfully designed horse facilities, including a beautifully appointed four-stall barn featuring two stalls with Comfort Mat flooring, a tack room, wash stall, covered hay and equipment storage, and an automatic watering system. Above the barn, a newly finished loft apartment includes a full kitchen, full bath, private laundry, and balcony—ideal for guests, a caretaker, or rental potential. The property also features a professionally designed riding arena, extensive board fencing, and a detached garage with a half bath and abundant unfinished space above that offers excellent expansion opportunities. With accommodations for four vehicles between the attached and detached garages, there is ample room for cars, equipment, and recreational vehicles. Residents of Steeplechase enjoy private riding trails throughout the community while remaining just minutes from dining, shopping, top-rated Oconee County schools, and convenient access to Highways 316 and 78. This extraordinary estate offers the perfect blend of luxury living, premier equestrian amenities, and an unbeatable location—a truly rare opportunity in one of Oconee County's most sought-after communities. This home is minutes to restaurants, shopping, schools and access to 316/78 and is one home not to miss!

1040 Pimlico Ln, Bishop

Listing courtesy of Coldwell Banker Upchurch Realty.