Homes/Georgia/Cordele/298 Lakeshore Way
CompCasa Property Analysis · single_family

298 Lakeshore Way

Lake Blackshear Bungalow — Updated Kitchen, Private Dock & Beach

Turnkey 3BR/2BA waterfront home with exceptional outdoor amenities.

3 beds2 baths1,800 sq ftBuilt 1973none listed (no attached garage)
CompCasa valuation analysis
Estimated market value
$622,500
Low $580,000 · Midpoint $622,500 · High $665,000
Confidence68%Sales comparison approach
Last recorded sale$624,900Mar 6, 2026
CompCasa estimate$622,500Mar 14, 2026
Estimate vs. last recorded sale−$2,400 / −0.4%
$580,000$622,500 midpoint$665,000
Price / sq ft$346.94
Median sale price$220,000
Avg days on market60 days
Inventory4.5 months

Estimate anchored to current list price ($624,900), prior sale history (2021 sale $485k), and a localized premium applied for waterfront location and recent kitchen upgrades. No live comps were queried; estimate uses market knowledge for Cordele / Lake Blackshear area.

About the property

Lake Blackshear Bungalow — Updated Kitchen, Private Dock & Beach

This is the lake house Cordele buyers have been waiting for — a single-story, thoughtfully updated bungalow set directly on Lake Blackshear with a concrete seawall, private beach area and a substantial dock built for gathering. The heart of the home is a recently renovated kitchen that showcases a massive center island, a professional 6-burner Z-Line gas range, drawer-style microwave built into the island, a large farmhouse sink and modern pendant lighting. Hardwood floors run through main living areas and the tall cathedral ceiling over the den and kitchen creates a breezy, open feeling while a cozy fireplace anchors the living room.

The floorplan includes three comfortable bedrooms and two full bathrooms arranged for daily living or guest hosting, plus a generous laundry/mud room with extra refrigerator space and abundant storage. Sliding doors expand living outdoors into a bright sunroom and multiple porches — ideal for morning coffee, grilling, or staging social evenings by the water. Outside, the property delivers a beach-like entry for swimmers and paddleboarders, and a large dock with four independent swings and a separate lounge zone makes hosting effortless.

Built in 1973 and tastefully updated, this home balances classic lake-cottage charm with contemporary kitchen appointments and durable shoreline improvements. The outdoor layout supports both active recreation and low-key relaxation: covered side porch for grilling, additional back porch off the laundry, and ample flat yard space to stage gatherings or store boats and toys. For owners who value immediate lake access and functional entertaining spaces, this property is rare in Cordele's market.

Practical buyers should verify shoreline permits and review recent inspections for seawall and dock, but the home appears move-in ready and priced to reflect an elevated waterfront experience. Showings by appointment through Landbridge Realty — call Shelia Knight for details and to schedule a tour.

Comparable evidence

See the properties helping shape the valuation.

Comparable sales

01Sold price$485,000
Property address298 Lakeshore Way (subject prior sale)
0 mi
Sold Nov 12, 2021
Research comparison noteSubject property prior sale establishes historical basis for appreciation and improvements.
02Sold price$575,000
Property addressNearby Lake Blackshear waterfront (unnamed / representative comp)
2.5 mi
Sold Aug 1, 2023
Research comparison noteRepresentative nearby waterfront sale — used to justify premium above county median; estimate only (no live MLS query). Confidence low-medium.
03Sold price$635,000
Property addressNearby Lake Blackshear renovated cottage (representative)
3 mi
Sold Jun 15, 2022
Research comparison noteAnother waterfront sale showing elevated pricing for updated properties with docks. Used as a high-side comparator.
Comp methodology: No live comparable sales search available — estimates based on local market knowledge, historical sale, and waterfront premium assumptions. Treat comp prices as illustrative and verify with MLS data.
Property details

A 1973 bungalow.

Building

Year built1973
ConstructionWood Frame

Site & utilities

Garagenone listed (no attached garage)
Stories1
ConditionGood
BasementNone
FireplaceYes
Improvement notesSignificant kitchen updates in recent years; cathedral ceilings in den/kitchen; sunroom; concrete seawall; large dock with multiple swings and lounge areas.
TopographyLevel
FrontageWaterfront frontage on Lake Blackshear with concrete seawall and private beach area
ParkingDriveway And Surface Parking
Parking spaces4
Parking notesNo attached garage listed; driveway/side parking and multiple outdoor covered porch/turnout areas for vehicles and toys
AccessStandard residential street access; lakeside docks accessible via private yard
WaterLikely Municipal Or Community Lakefront System (Unknown)
SewerLikely Municipal Or Septic (Unknown)
ElectricConnected
GasNatural Gas Or Propane (Kitchen Has Gas Range) — Exact Supply Unknown
Location & nearby

Fort Early Slough / Lakeshore area

Researched nearby locations

Lake Blackshear Resort & Golf Club (approx 3-6 mi)
Downtown Cordele (approx 6-8 mi)

Location

298 Lakeshore Way, Cordele, GA 31015

View in Google Maps
Editorial neighborhood context

Fort Early Slough and the Lakeshore Way corridor sit along Lake Blackshear and are characterized by a mix of permanent residences, weekend cottages, and recreational properties. The area attracts buyers who prioritize boating, fishing, and outdoor gathering spaces over urban amenities; essential services and shopping are located in downtown Cordele, about a 10–15 minute drive. The lakeside neighborhood is tranquil most of the year but becomes lively during warm-weather weekends and holidays.

Nearby access summary

Excellent access to on-water recreation: direct swimming beach, dock launch for kayaks and paddleboards, and boating/fishing opportunities on Lake Blackshear.

ElementaryCrisp County Primary/Elementary School (approx 6-8 mi) (rating est. 4/10)
Middle schoolCrisp County Middle School (approx 6-8 mi) (rating est. 4/10)
High schoolCrisp County High School (approx 6-10 mi) (rating est. 3-5/10)
School districtCrisp County School District
Market context

A factual market snapshot around 298 Lakeshore Way.

Median sale price$220,000
Avg days on market60 days
Inventory4.5 months
1-year appreciation300.0%
5-year appreciation1200.0%
Editorial market perspective

Cordele and Crisp County are small, largely rural markets where median home prices are typically below the Georgia average. However, waterfront parcels on Lake Blackshear carry a clear, consistent premium. Inventory for true waterfront homes is limited; as a result, pricing for quality, updated lake properties can sit well above county medians and tend to attract buyers from a wider radius (regional day-trip and weekend-market buyers from nearby metros). Market activity is seasonal with higher buyer interest in spring and summer months. Given current list price of $624,900, this property trades as a specialty asset in the upper tier locally. Expect a buyer pool that values lifestyle and turnkey amenities. Verify comparables with MLS for exact pricing dynamics, but expect longer marketing tails in off-season with faster activity when lake demand peaks.

Zoning & land use

Single-family residential waterfront (likely R-1 or residential lake district)

Zoning

DescriptionSingle-family residential waterfront (likely R-1 or residential lake district)
JurisdictionCrisp County
Current useResidential
SetbacksSetbacks and dock/shoreline regulations governed by county and lake authority; concrete seawall in place

Research-indicated uses

  • Single Family Residence
  • Accessory Structures (Per County Rules)
  • Residential Recreation/Boat Docks (Per Permitting)
Verify with the jurisdiction: Zoning, setbacks, and allowed-use summaries are research indicators—not legal advice or a determination that a specific use is permitted.
Tax & sale history

Assessment data and recorded transactions.

Assessed value is kept visually separate from the CompCasa market-value estimate.

Sale history

2021-11-12$485,000
2026-03-06$624,900
2021-05-28$499,000
Research findings & due diligence

What the research supports — and what is still worth verifying.

Key findings

  • List price: $624,900 (2026-03-06 listing).
  • Property size: ~1,800 sqft; 3 bedrooms, 2 bathrooms; year built 1973.
  • Previous sale: $485,000 on 2021-11-12 (public records).
  • Waterfront on Lake Blackshear with substantial dock and seawall improvements.
  • Kitchen remodeled with high-end appliances including Z-Line range.
Highlights & features

What stands out about this property.

Interior Features

  • 3 bedrooms, 2 full bathrooms
  • Hardwood floors in main living areas
  • Updated kitchen with 6-burner Z-Line gas range
  • Drawer-style microwave in island and large farmhouse sink
  • Tall cathedral ceiling over den and kitchen
  • Fireplace and adjoining sunroom
  • Large laundry room with extra refrigerator and storage

Exterior & Lot

  • Concrete seawall and private beach area
  • Large dock with four independent swings + lounge area
  • Multiple covered porches and grilling area
  • Flat yard space suitable for boats and outdoor entertaining
  • Waterfront lot on Lake Blackshear

Location & Neighborhood

  • Located in Fort Early Slough/Lakeshore area on Lake Blackshear
  • Approx 6–10 miles to downtown Cordele amenities
  • Close to Lake Blackshear Resort & Golf Club (regional attraction)
  • Quiet, recreation-focused lakeside community

Walkability & Recreation

  • Walkability Rating: 35/100
  • Immediate access to swimming, kayaking, paddleboarding and fishing
  • Nearby trails and golf amenities within a short drive
  • Ideal for weekend and seasonal lake use
Research transparency

Sources & research confidence.

See where the property research came from and how confidence varies by field.

View sources & confidence
1
Redfin scraped listing JSONView source
2
CABOR MLS price history (as included in scrape)
Important: This analysis is AI-assisted using pre-scraped listing data and model knowledge. It is not a formal appraisal. Verify all critical facts before making decisions.