Park Place at Lake Oconee | Neighborhood Guide
Park Place is a townhome community on Lake Oconee Parkway, less than five minutes from Publix and in the middle of everything. It is one of the most affordable ways to own here and it’s also a very popular place to invest. Many of the units are rentals. With the close proximity to Reynolds Lake Oconee and the Ritz Carlton, investors are easily able to rent Park Place townhomes to create income.
Where Is Park Place at Lake Oconee
On Lake Oconee Parkway in Greene County, in the commercial district. Publix is under a mile, the hospital is about 1.3 miles, and a public boat ramp, restaurants and Lake Oconee Academy are all close.
The streets are Park Place Boulevard, Azalea Street, Redbud Street, Honeysuckle Street and Apple Orchard Lane.
Quick Facts
| County / city | Greene County — Greensboro, GA 30642 |
| What it is | Townhomes, built in two waves |
| Streets | Park Place Boulevard, Azalea, Redbud, Honeysuckle and Apple Orchard Lane |
| Time to grocery | Under 5 minutes to Publix |
| Gated | No |
| POA | $1,800 a year, covering the pool, tennis courts, landscaping, grounds and exterior maintenance |
| Amenities | Pool, tennis courts and a pond |
| Water access | None. The public ramp is close by |
| Rentals | Permitted, and a large share of the community is rented |
| Schools | Greene County School System |
Built in Two Waves, Twelve Years Apart
The first townhomes went up in 2005 and 2006. Then the developer went under in the 2008 crash, and the unsold units and the surrounding land went to the bank — which failed too, putting the whole thing through the FDIC before it sold on in 2010.
Over the following years the original units were sold off one at a time to individual owners. The land sat. New owners made improvements before covid, then started the second wave of townhomes in 2021.
There is still undeveloped land here. Given what is going on around it, that could end up commercial rather than residential.
Half of It Has Never Been for Sale
The 2021 buildings — seven of them, more than fifty units — are all held by a single owner and not one has ever sold. They are rentals.
If you are buying, the comparable sales all come from the 2005 and 2006 buildings, because the newer ones have no sales history. And if you are buying to rent, you are competing with a professional operator who owns half the neighborhood.
Who Actually Lives Here
A real mix. Full-time residents, second-home owners, and a large rental population — much of it international staff working at the Ritz-Carlton and inside the gates of Reynolds. It is now commonplace to be served by a worker from Jamaica or St Lucia while you are dining at the National Tavern or Gaby’s.
That last group grew sharply around covid as the resorts leaned harder on visa workers, and most arrive without cars. Seeing people walking Lake Oconee Parkway to and from Publix was unusual at first. It is an ordinary sight now.
The Townhomes at Park Place and What They Cost
The 2005 and 2006 buildings come in two sizes. Around 1,300 square feet with two or three bedrooms, and around 1,750 with three or four. The 2021 units are smaller again, close to 1,250, two bedrooms and two and a half baths. Some of the original units look out on the pond.
Prices have run up over the years. Sales in 2019 stayed in the $100,000 to $150,000 range. By 2022 that range had moved up to $200,000 to $250,000. Recent sales have settled in the $225,000 to $275,000 range.
Who Park Place Suits
Somebody who wants to be here without paying lake prices, and does not need a dock. The location and the price are the product — you can walk to stuff from here. And you can drive to nearly everything in five minutes or less.
It also suits an investor. These rent easily, the dues cover the exterior, and plenty of people who already live at the lake own one as an income stream. That is a large part of why they trade as often as they do. There are no homes for sale in Park Place at Lake Oconee right now. Here are similar homes for sale nearby. Similar home in Stonegate at Lake Oconee $239,000 3 bd · 3 ba · 1,240 sq ft 100 Lena Lane, Unit 6, Eatonton, GA 31024 Listing courtesy of Keller Williams Realty Lake Oconee, 706-485-0088 · #71588 Similar home in Stonegate at Lake Oconee $239,000 3 bd · 3 ba · 1,240 sq ft 100 Lena Lane (MLS 70980), Eatonton, GA 31024 Listing courtesy of Keller Williams Realty Lake Oconee, 706-485-0088 · #70980 Similar home in Stonegate at Lake Oconee $245,000 3 bd · 3 ba · 1,240 sq ft 100 Lena Lane, Unit 7, Eatonton, GA 31024 Listing courtesy of The Chaseland Group LLC, 770-968-1900 · #71862 Non-commercial use only. Listing data © 2026 Lake Country Board of REALTORS® MLS. Deemed reliable but not guaranteed.
Homes for Sale Near Park Place at Lake Oconee
Park Place at Lake Oconee: Frequently Asked Questions
Where is Park Place at Lake Oconee?
On Lake Oconee Parkway in Greene County, in the commercial district, under a mile from Publix.
How much do townhomes at Park Place cost?
Recent sales have run from about $225,000 to $275,000. In 2019 the same units were selling in the $100,000s to $150,000s.
What do the POA dues cover at Park Place?
$1,800 a year, covering the pool, the tennis courts, landscaping, grounds and exterior maintenance.
Can you rent out a townhome at Park Place?
Yes. Rentals are permitted and a large share of the community is rented, including more than fifty units held by a single owner.
Does Park Place have lake access?
No. It is a few minutes from the water and close to the public boat ramp, but there is no direct lake access.
What amenities does Park Place have?
A pool, tennis courts and a pond that several of the original buildings look out on.
When was Park Place built?
The original townhomes in 2005 and 2006, and a second wave in 2021 after the land changed hands.
What is my Park Place townhome worth?
By unit size, building era, upgrades, and condition. The 2021 buildings have never sold, so every usable comparable comes from the original units. Some have been very well cared for. Others need a little TLC. Margie has been involved in multiple transactions on both sides in this community. If you are wanting to buy or sell a townhome at Park Place Lake Oconee contact Margie Sorrell for a valuation.
Thinking About Park Place?
Whether you are buying one to live in or one to rent out, those are different purchases so they price differently. Get in touch. You can also browse the Lake Oconee condos and townhomes or every neighborhood in the Lake Oconee neighborhood guides.