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2202/2206 Lem Edwards Road, Colbert, GA, 30628

5beds
5baths
5,782sqft
$1,775,000
$307price/sqft
$10,793/moest. monthly cost
$431,720/yrincome needed

About This Home

A private luxury country estate minutes from Athens offering exceptional privacy, multiple residences, resort-style amenities, and endless possibilities for equestrian pursuits, recreation, entertaining, or multi-generational living. Right at the boundaries of Clarke, Madison, and Oglethorpe Counties, the conveniently located Ballard Estate has been in the same family since it was built by the current owners, and they have added to each property through the years and made substantial updates as well. The first parcel (2206) is on 30+ acres and features a home that has been expanded to 5782 sq ft of living space and abounds with multiple gathering spaces. However, the heartbeat of the home, as it should be, is surely the massive kitchen that anchors the main floor. Going to have to let the pictures do the talking because there is just way too much to tell, but you’ve not seen a bigger kitchen in a home, I assure you. The Formal Office and Dining Room flank the foyer, which leads to a Formal Parlor. Owner’s Suite on main is like a spa you won’t want to leave. Off the kitchen is a keeping room currently being used as a dining area with a farm table. Large Laundry could serve an army. Large bonus room over the main floor family room is ripe for the teens to disappear to or make it a media room. The family room takes up the entire back portion of the home and has a wet bar, lodge-like fireplace, and room for a family reunion, which has happened here multiple times. The half-bath off the family room also has exterior access to the large private pool and rear patio, with both covered and open spaces, and all of this has been recently rebuilt, including the pool systems. Meander out to the hardscape fire ring that overlooks the horse pastures (Attention equestrians! Fencing, cross fencing, small tack shed, and separate well water for the horses. Plenty of room for a riding arena!). Or head down to the three bay shop that has been spray foam insulated and play with your toys, or hit some balls in your golf simulator (with an adjacent full bath). Upstairs are 4 more bedrooms: one overlooking the back fields; one being a semi-private en suite, and two others sharing a private jack and jill bath. Off the second story hall is access to the huge bricked veranda overlooking the front fields and this porch is big enough to have a wedding. The adjacent parcel (2202) sits on around 5 acres and features a 1533 square foot renovated 3 Bed, 3 Bath home with a large party deck outback and overlooking the fully stocked creek-fed pond and patio below. House has an owner's suite, a guest en-suite, and a third bedroom with discreet access to the hall bath. A Large Living Room, Dining Room, and Back Mudroom area with access to the back deck, round out the setting. The land is a nice blend of open pasture, lawns for gathering, and mature hardwood forest and is huntable if you desire. Mature trails surround the property as well. All this and much more just a stone’s throw from Athens, with backdoor access through Winterville to the East Side Corridor. Please call listing broker for a written comprehensive property overview of all you’ll need to know, which is more than we can fit in this write-up. Sellers are sad to say goodbye to this lovingly built and maintained slice of heaven, but they are hoping for a good steward to continue adding to all the wonderful memories.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
23
BikeSomewhat Bikeable

Schools

6/10
5/10
6/10

Construction

Condition

  • Year built: 2004

Materials

  • Foundation: Slab
  • Construction materials: Concrete

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Some Gas Appliances,Convection Oven,Cooktop,Double Oven,Dishwasher,Disposal,Gas Water Heater,Microwave,Range Hood,Some Commercial Grade,Tankless Water Heater,Dryer,Refrigerator,Washer
  • Laundry features: In Hall

Basement

  • Basement: None

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 5
  • Full bathrooms: 4
  • 1/2 bathrooms: 1
  • Main level bathrooms: 3
  • Main level bedrooms: 1

Features

  • Wet Bar,Breakfast Bar,Built-in Features,Ceiling Fan(s),Double Vanity,Entrance Foyer,Gourmet Kitchen,Garden Tub/Roman Tub,High Ceilings,Kitchen Island,Main Level Primary,Other,Pantry,Recessed Lighting,See Remarks,Separate Shower,Fireplace,Programmable Thermostat
  • Window features: Double Pane Windows
  • Number of fireplaces: 1
  • Fireplace features: Family Room,Wood Burning
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Central,Electric
  • Cooling features: Central Air,Electric

Interior Area

  • Total interior livable area: 5,782 sqft

Property

Details

  • Parcel number: 0047085 and 0047085 02
  • Zoning: A1
  • Zoning description: Agricutural
  • Special condition: Standard
  • Horse amenities: Pasture,Round Pen

Features

  • Pool features: In Ground
  • Patio & porch: Covered,Patio,Porch,Balcony,Front Porch
  • Exterior features: Balcony,Fire Pit,Other,Landscape Lights,Play Structure
  • Fencing: Chain Link,Split Rail,Wood,Wire,Yard Fenced
  • Has view: Yes
  • View description: Pond
  • Has water view: Yes
  • Water view: Pond
  • On waterfront: Yes
  • Waterfront features: Pond
  • Horses can be raised: Yes

Lot

  • Lot size: 35.42 Acres
  • Features: Garden,Level,Open Lot

Parking

  • Total spaces: 5
  • Parking features: Detached,Golf Cart Garage,Garage Door Opener,RV Access/Parking,Storage
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 5
  • Carport: Yes
  • Carport spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Ice Storm
    Ice StormRelatively High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate

How This Home’s Risks Compare

Cold Wave
Ice Storm
Lightning
Strong Wind
Tornado
Hail
Heat Wave
Inland Flooding

FEMA Declared Disasters Across Georgia Counties

Hurricane
Severe Storm
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $8,975$107,700
Home Insurance *$163$1,956
Property Taxes $1,094$13,128
Electricity $561$6,741
Total$10,793$129,516
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$370,045/yr
40% on housing$323,790/yr
45% on housing$287,813/yr

Georgia FAIR Plan Programs

Georgia Underwriting Association

Covered
WildfireWildfire
Add-on available
WindWind
Visit Website →

Georgia Underwriting Association - Coastal

Covered
HailHail
WindWind
Visit Website →
Current Policies
Residential: 8,778Commercial: 638
Total Premiums$16.25M
Total Exposure$2.20B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.8%
8.8%
0%30.0%
Electricity Growth Rate10-year average: 5.5%
5.5%
0%15.0%
Property Taxes Growth Rate2-year average: 1.2%
1.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$307This listing

vs Other Active Listings

Avg $/sqft

ZIP 30628$185
Madison County$192

vs Homes Sold Last Month

Median $/sqft

ZIP 30628
Madison County

Current Market Trends

No market data available for this area

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-07-23Price change$1,775,000
2026-06-24Price change$1,875,000
2026-04-02Listed for sale$2,195,000

For Sale by Agent

AgentJoseph Polaneczky
BrokerageNabo Realty, LLC

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