2202/2206 Lem Edwards Road, Colbert, GA 30628
Sources: Georgia MLS (listings + 12-mo closed sales), FEMA, modeled insurance. Interpretation: Momentum Research. Data notes
As of September 30, 2026, 2202/2206 Lem Edwards Road in Colbert is listed at $1,775,000 (5,782 sq ft, about $307 per sq ft). It has been 115 days on market. Listing facts: built in 2004, waterfront, no HOA. Figures are from the MLS record and county data; deemed reliable but not guaranteed.
- No CDD assessment on record
- Built 2004 · 22 yrs
- 5,782 sq ft of living area
- Garage
- 115 days on market
- HOA ~$50/mo (estimate; confirm)
This home’s history
- 2004BuiltPer public record
- Sep 4, 2026First trackedObserved at $1,775,000 · 115 days on market
- NowActiveCurrently for sale
Build year is from public record. Listing milestones reflect movewithmomentum.com’s own observations since we began tracking this listing and are not the MLS listing history; dates and prices are deemed reliable but not guaranteed.
Estimated monthly payment
- Principal & interest $9,476/mo 80%
- Taxes $1,553/mo 13%
- Insurance $739/mo 6%
- HOA $50/mo 0%
$11,818/mo at 20% down, 30-yr @ 7.03% · edit any field to update.
Editable estimate — not a loan offer. Estimates only; see data & estimate notes.
Natural hazard risk
FEMA National Risk Index for Madison County, GA: overall Very Low. Ratings compare this county with every county in the United States for expected annual loss from each hazard.
Source: FEMA National Risk Index (county level, hazard risk ratings only). Ratings describe the county, not this parcel; the flood zone shown above is parcel-specific. Verify insurance requirements with your lender and agent.
Momentum Property Score
41/100 is below average across the objective indicators below. It reflects only those measures — not the home’s quality, condition, or desirability.
A 0-100 score built from objective property and market data: flood risk, insurance, pricing, supply, affordability, and recent sales. Higher means more measures line up in a buyer’s favor. It reflects only the factors below.
Momentum Scores are objective, rules-based indicators computed from listing facts, public records, and recent nearby sales. They are not appraisals, valuations, investment advice, or judgments about a neighborhood or who should live there. Verify independently.
The Momentum read
🟡 Asking $307 per square foot, about in line with the community’s $307 median. None’s 12-month median sold price per square foot is $307. MLS facts: Georgia MLS closed sales. A per-square-foot gap is context, not an appraisal; condition, lot, and view set the final number here.
What’s unique here: no CDD assessment.
Jump to: About this home · Every number, sourced · Monthly cost · Flood & risk · History · FAQ
Updated September 30, 2026 · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
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.
All 73 photos
Description provided by Nabo Realty Inc. and reproduced from the MLS; not independently verified.
Every fact, sourced
Listing data, public records, our calculations, and what to verify — each fact shown once. Estimates and calculations shown are for general information only, are not appraisals or advice, and should be independently verified.
Listing facts MLS
Public records & third-party data
Calculated estimates
Buyer should verify Buyer verify
Provided via the Georgia MLS (GAMLS) Internet Data Exchange · Source: Georgia MLS (GAMLS) · © 2026 Georgia MLS. Information is deemed reliable but is not guaranteed. · deemed reliable but not guaranteedIDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by the MLS to be accurate.The Messtimate
This is a deliberately dumb estimate — living area times a range of recent neighborhood $/sq ft, and nothing else. It is not an appraisal, not market value, and not a valuation of this home. Even a tight range from comparable sales can’t price a specific home — here’s why.
Actual list price: $1,775,000 — compare it against the range above. The Messtimate is a blind sqft estimate; the list price reflects this specific home.
A 27% spread on the same house — and that gap is exactly what an automated guess can't see:
- Condition & updates — a renovated kitchen or new roof vs. dated finishes can swing value six figures; sq ft can't see it.
- The lot — this listing is waterfront; water frontage is priced far off a per-sq-ft average of the neighborhood.
- Outliers skew it — one flip or distressed sale in the comps drags the whole $/sq ft up or down.
- Carrying costs & concessions — CDD, HOA, insurance, and seller-paid buydowns change what a buyer actually pays.
And here's what the live market is doing — which the number above ignores entirely:
- 93 active listings competing, 17 under contract
For reference, this home is listed at $1,775,000 ($307/sq ft) — a number set with analysis a Messtimate can't do.
Selling your own home? Try the Messtimate on your address →
Methodology: 5,782 sq ft × $270–$344/sq ft from recent nearby closed sales (public records). Estimate for general information only; not an appraisal, valuation, or offer. Updated September 30, 2026.
Similar homes for sale near Colbert
Active listings nearby at a comparable size and price. Listings held by brokerages other than Momentum Realty are marked with the listing broker. Deemed reliable but not guaranteed.
Newest listings in Colbert
- 174 Pecan Street · $346,000 · 4 bd / 2.5 ba · listed September 28, 2026 (courtesy of Opendoor Brokerage)
- 214 Shady Lane · $280,000 · 3 bd / 2.0 ba · listed September 26, 2026 (courtesy of Virtual Properties Realty.com)
- 1075 Sailors Road · $975,000 · 3 bd / 2.0 ba · listed September 25, 2026 (courtesy of Coldwell Banker Realty)
- 858 Blacks Creek Church Road · $195,000 · 4 bd / 1.0 ba · listed September 25, 2026 (courtesy of Carey-Dean Real Estate)
- 2722 Stone Drive · $325,000 · 3 bd / 2.0 ba · listed September 24, 2026 (courtesy of Stirling Real Estate Advisors)
- 4115 Highway 106 · $300,000 · 3 bd / 2.0 ba · listed September 24, 2026 (courtesy of Keller Williams Greater Athens)
Price & listing history
Building permits
Flood zone & elevation
Sourced environmental data for the parcel. Confirm with FEMA and your insurer.
Not yet verified for this address. Look up the parcel at msc.fema.gov before relying on any flood assumption.
Approximate parcel elevation from USGS; confirm exact elevation with a survey.
This is a coastal Florida county. Premiums and coverage vary by home; obtain a quote from a licensed insurer.
Internet & broadband
AT&T Fiber covers much of NE Florida; confirm availability at the address.
Xfinity/Spectrum cable broadband is widely available.
T-Mobile / Verizon fixed-wireless as a backup option.
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Listed by Nabo Realty Inc. · MLS # 10724502
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Recent sales activity in Colbert
Recent comparable closed sales near this home, from public records. Summary figures are for general reference only and are not a valuation of this property. See the None neighborhood guide for more.
Recent nearby closings in the data set.
Canonical 12-month median closed price. Reference only.
Canonical 12-month median $/sq ft. Reference only.
Explore Madison County
Browse market data, schools, taxes, and homes for sale across the county.
Assigned schools
Schools currently assigned to this address in Madison County, provided as neutral factual data. Assignments can change — confirm current zoning with the school district. This is not a statement about the home's suitability for any person or family.
Assigned schools per the MLS listing — assignments can change; confirm current zoning with the district. Browse school-zone pages →
Comparable recent sales
Recent closed sales nearby, with photos, so you can compare. Sold prices are public record, deemed reliable but not guaranteed.
No closely comparable recent sales were found in this data set.
Investment snapshot
Objective rental and cash-flow estimates for a buyer weighing this as an investment. Rough figures for general information only — not a guarantee of rent, an appraisal, or investment advice. Verify independently.
Buyer research checklist
Items worth confirming for 2202/2206 Lem Edwards Road, chosen from what the record shows. This is general guidance, not advice about this specific property.
- Built in 2004 (22 years): ask for the roof and HVAC replacement dates — insurers commonly ask for roof age on homes this old, and it changes the premium.
- The listing reports no HOA: confirm with the county record that no deed restrictions or mandatory association apply to this parcel.
- Look up the parcel on FEMA's Flood Map Service Center and confirm with your insurer whether flood insurance is required.
- Get a homeowners insurance quote for this specific address in Madison County; age of roof and any prior claims affect the premium.
- Waterfront: confirm seawall or dock condition and permits, and ask who owns and maintains the shoreline.
- Listed living area is 5,782 sq ft: verify it against the property appraiser's record and measure before relying on it.
- Order a survey to confirm lot boundaries and easements.
- Review permit history with the county.
- Property taxes: the estimate on this page (about $18,638/yr) assumes reassessment at the list price; confirm exemptions with the county tax assessor.
- School zoning shown here comes from district data and changes; confirm the assigned schools directly with the district before relying on them.
Approximate distances
Approximate drive times for general reference only.
Groceries, dining, and parks for this city — see the city guide.
Schools, taxes, and services are county-administered — see the county guide.
View →Amenities and HOA/CDD detail on the neighborhood guide.
Data sources & freshness
| Listing record | Georgia MLS, refreshed twice daily (last: September 30, 2026) |
| Community market stats | Georgia MLS closed sales, as of September 30, 2026 |
| Flood zone & elevation | Not verified for this address — look it up at msc.fema.gov |
| Taxes & monthly cost | Estimated from county rates; not a quote |
| Insurance figure | Modeled estimate; obtain a real quote before offering |
| Schools | 2025-26 district assignments; verify with the district |
Momentum Research lines are our own analysis of Georgia MLS records; MLS data is deemed reliable but not guaranteed. Estimates are informational, not appraisals or advice. Methodology: how Momentum scores are computed.
Frequently asked questions
How big is 2202/2206 Lem Edwards Road and when was it built?
Per the listing record, 2202/2206 Lem Edwards Road was built in 2004 and has 5,782 sq ft of living area, 5 bedrooms and 4.5 bathrooms. Living area and lot size come from the MLS record and should be verified against the county property appraiser.
What community is 2202/2206 Lem Edwards Road in?
2202/2206 Lem Edwards Road is in Colbert, Madison County. The community section on this page shows recent closed sales, days on market, and active inventory for Colbert from the same MLS data.
Does 2202/2206 Lem Edwards Road have an HOA?
The listing reports no HOA. Confirm with the county record that no deed restrictions or mandatory association apply to the parcel.
How are property taxes on 2202/2206 Lem Edwards Road estimated?
The estimate on this page (about $18,638 per year) assumes the county reassesses at the list price. Georgia counties reassess after a sale and exemptions such as homestead must be applied for by the new owner, so the seller's current bill is not a guide. Confirm with the county tax assessor.
Is 2202/2206 Lem Edwards Road in a flood zone?
A flood designation has not been verified for this address. Look up the parcel on FEMA's Flood Map Service Center (msc.fema.gov) and confirm with your insurer.
Can I rely on the figures on this page?
No. Estimated taxes, insurance, payments, and any market or comparable-sales summary are opinions and estimates for general information only and should not be relied upon. Verify all information independently before making any decision.
See 2202/2206 Lem Edwards Road in person
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Opinion & estimate — do not rely on this page. Any figure on this page that is not a verbatim fact from the listing or a public record — including estimated property taxes, insurance, CDD/HOA amounts, mortgage payments, comparable-sales summaries, and market statistics — is an opinion and estimate provided for general informational purposes only. These figures may be inaccurate or out of date, are not appraisals, valuations, or financial, legal, tax, or investment advice, and should not be relied upon. Do not make any purchase, offer, financing, or other decision based on this page. Independently verify everything — price, square footage, lot size, year built, taxes, CDD/HOA, flood status, school assignments, permits, and community rules — with the listing broker, the county, your lender, a licensed inspector, an insurer, and your own advisors before acting.
Estimate methodology. Tax estimates apply a typical county millage rate to the list price and will differ from the actual assessed bill. Cost and market figures are derived from available data and simple calculations, not a professional appraisal. We make no representation that any estimate reflects fair market value.
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Found an error? If you are the owner, listing agent, or a party to this property and believe any information is inaccurate, email and we will review and correct or remove it promptly.
Automated content. Some summaries, distances, and estimates on this page are generated automatically from public and proprietary data sources and may contain errors or omissions. We strive for accuracy but cannot guarantee the completeness or accuracy of any information. Verify anything important independently.
No warranty; measurements & photos. No guarantee, warranty, or representation of any kind is made regarding the completeness or accuracy of any information, descriptions, or measurements on this page — including square-footage measurements and property condition — all of which should be independently verified through appropriate means, including in-person inspection and public records. Photographs may be virtually staged or digitally enhanced and may not reflect actual property conditions. Momentum Realty and its agents expressly disclaim any liability in connection with the information provided.
MLS / IDX. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of the Georgia MLS (GAMLS) Internet Data Exchange. Real estate listings held by brokerage firms other than Momentum Realty are marked with the listing broker's name and include the name of the listing agent. Data provided is deemed reliable but is not guaranteed by the MLS to be accurate. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Source: Georgia MLS (GAMLS). © 2026 Georgia MLS. Information is deemed reliable but is not guaranteed. All rights reserved.
Listing data is deemed reliable but is not guaranteed and is subject to change or withdrawal without notice. Square footage and lot size are approximate. Real estate brokerage services provided by Momentum Realty, licensed in Florida and Georgia. © 2026 Move With Momentum LLC.