A classic lake front residence within the gates of Ocean Forest, this cottage has five bedrooms, five full baths and two half baths, including a large guest suite with kitchenette and full bath. Endless upgrades in this property such as Peruvian walnut doors, hammered edge stone floors, a gourmet kitchen with marble counter tops, custom cabinetry, oak floors, wet bar, new appliances, home ventilation and filtration system, a keeping area overlooking the lake and a pool just off the master suite. This cottage is prepped for an elevator to be added if the buyer desires. A great floor plan and manageable square footage makes this cottage very desirable. Built in 2009 and meticulously maintained. Move-in condition and ready to enjoy on a unique - lake setting.
Single-familyProperty Type
2008Year Built
0.31 acresLot Size
$1,170Est. Price/Sq.Ft.
2 car garageParking
Listed by The Dunn Team Dunn• Sea Island Properties
Bought with The Dunn Team Dunn• Sea Island Properties
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$4,599/mo
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Market trends in 31561, GA
Last updated August 2026
Buyer's Market
Seller's Market
Buyer's market
Sale-to-List Price
94.6%
+1.1% MoM
Median sale price
$4.1M
$1M MoM
Avg. days on market
114d
41 days MoM
Recently sold homes
20
4 MoM
Provided by Redfin
Sale history for 547 Forest Rd
Date
Event
Price
Public Records
Apr 14, 2021
Sold
$625,000
$129/sq ft
Public Records
Dec 23, 2020
Sold
$645,000
$133/sq ft
GIAR #1615090
Oct 23, 2020
Sold
$2,525,000
$521/sq ft
Jan 5, 2020
Listed
$2,750,000
$568/sq ft
GIAR #1585708
Feb 14, 2018
Sold
$2,050,000
$423/sq ft
Oct 3, 2017
Listed
$2,350,000
$485/sq ft
+36
A classic lake front residence within the gates of Ocean Forest, this cottage has five bedrooms, five full baths and two half baths, including a large guest suite with kitchenette and full bath. Endless upgrades in this property such as Peruvian walnut doors, hammered edge stone floors, a gourmet kitchen with granite tops, custom cabinetry, oak floors, wet bar, home ventilation and filtration system, a keeping area overlooking the lake and an oversized spa just off the master suite. This cottage is prepped for an elevator to be added if the buyer desires. A great floor plan and manageable square footage makes this cottage very desirable. Built in 2009 and meticulously maintained. Move-in condition and ready to enjoy on a unique - lake setting.
GIAR #1561537
Dec 4, 2012
Sold
$2,250,000
$465/sq ft
May 23, 2008
Listed
$2,995,000
$619/sq ft
A classic lake front residence within the gates of Ocean Forest, this cottage has five bedrooms, five full baths and two half baths, including a large guest suite with kitchenette and full bath. This cottage has lots of upgrades, such as Peruvian walnut doors, hammered edge stone floors, a gourmet kitchen with granite tops, a keeping area overlooking the lake and an oversized spa just off the master suite. This cottage is also prepped for an elevator to be added if the buyer desires. A great floor plan and manageable square footage make this cottage a winner.
Year
Property tax
Land + Additions
Assessment*
2025
$24,870 (−0.8%)
$300,000 + $1,034,160
$1,334,160
2024
$25,068 (−2.0%)
$300,000 + $1,034,160
$1,334,160
2023
$25,585 (−2.0%)
$246,000 + $788,400
$1,034,400
2022
$26,107 (+2.4%)
$246,000 + $788,400
$1,034,400
2021
$25,484 (+26.0%)
$246,000 + $731,160
$977,160
2020
$20,225
$85,760 + $682,360
$768,120
2019
$20,225 (+0.7%)
$85,760 + $682,360
$768,120
2018
$20,091 (−9.7%)
$85,760 + $682,360
$768,120
2017
$22,248 (+8.7%)
$215,840 + $637,200
$853,040
2016
$20,475 (−0.4%)
$215,840 + $637,200
$853,040
2014
$20,560
$215,840 + $637,200
$853,040
Tax history for 547 Forest Rd
Year
Property tax
Land + Additions
Assessment*
2025
$24,870 (−0.8%)
$300,000 + $1,034,160
$1,334,160
2024
$25,068 (−2.0%)
$300,000 + $1,034,160
$1,334,160
2023
$25,585 (−2.0%)
$246,000 + $788,400
$1,034,400
2022
$26,107 (+2.4%)
$246,000 + $788,400
$1,034,400
2021
$25,484 (+26.0%)
$246,000 + $731,160
$977,160
2020
$20,225
$85,760 + $682,360
$768,120
2019
$20,225 (+0.7%)
$85,760 + $682,360
$768,120
2018
$20,091 (−9.7%)
$85,760 + $682,360
$768,120
2017
$22,248 (+8.7%)
$215,840 + $637,200
$853,040
2016
$20,475 (−0.4%)
$215,840 + $637,200
$853,040
2014
$20,560
$215,840 + $637,200
$853,040
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.