Viewing Listing MLS# 397088478
Cumming, GA 30041
- 4Beds
- 3Full Baths
- 1Half Baths
- N/A SqFt
- 1972Year Built
- 54.90Acres
- MLS# 397088478
- Land
- Other
- Active
- Approx Time on Market1 month, 30 days
- AreaN/A
- CountyForsyth - GA
- Subdivision Mashburn Estate
Overview
Current Zoning: Lake ResidentialAn initial assessment by a builder/developer indicates exceptional potential for residential development, with zoning allowing approximately 1.71 units per acre (Lake Residential). The property includes two dock permits on Lake Lanier with upgrade potential. The minimum lot size is 25,500 square feet, translating to an estimated 52 lots over approximately 30 usable acres, perfect for creating a vibrant and desirable neighborhood.This is the first time this family estate, comprising four parcels totaling 55 acres, is being offered for sale. The property boasts ample road frontage on Browns Bridge Road in Forsyth County, with lake frontage on Six Mile Creek, located just three miles from GA-400. Additionally, the estate includes a four-bedroom ranch built in 1972.Imagine a community designed to provide the lifestyle many of us desire, with beautiful rolling hills, views of creeks and springs, and access to Lake Lanier. The open grazing lands present an ideal location for a upper end residential project.This unique opportunity with endless possibilities won't last long. Whether you envision a residential development, an equestrian estate, or a mixed-use project, this property offers the perfect canvas to create a thriving community.Act now to secure this rare offering and turn your vision into reality. Contact us today for more information and to explore the potential of this exceptional property.
Association Fees / Info
Hoa: No
Community Features: None
Bathroom Info
Main Bathroom Level: 2
Halfbaths: 1
Total Baths: 4.00
Fullbaths: 3
Room Bedroom Features: Master on Main
Bedroom Info
Beds: 4
Building Info
Habitable Residence: Yes
Current Use: Agricultural, Recreational, Residential
Business Info
Equipment: None
Exterior Features
Fence: None
Patio and Porch: None
Road Surface Type: Asphalt
Pool Private: No
County: Forsyth - GA
Acres: 54.90
Fees / Restrictions
Listing Terms: 1031 Exchange,Cash
Financial
Original Price: $7,425,000
Owner Financing: No
Documents Available: Aer Photo, Legal Desc, Plat, Septic Permit, Survey, Topo Map
Handicap
Interior Features
Security Ftr: Closed Circuit Camera(s)
Levels: Two
Lot Info
Lot Size Source: See Remarks
Zoning: LR
Lot Features: Cleared, Creek On Lot, Lake On Lot, Private, Rolling Slope, Spring On Lot
Lot Size: x
Zoning Description: Other
Misc
Property Attached: No
Home Warranty: No
Other
Other Structures: Outbuilding,Residence,Storage - Equipment
Property Info
Year Built: 1,972
Property Condition: Resale
Property Type: Land
Style: Ranch
Possible Use: Agricultural, Cattle, Commercial, Dairy, Horses, Industrial, Residential
Rental Info
Land Lease: No
Room Info
Room Master Bathroom Features: Double Vanity,Separate Tub/Shower
Special Features
Special Listing Conditions: None
Special Circumstances: Estate Owned, Sold As/Is
Tax Info
Tax Amount Annual: 11461
Tax Year: 2,023
Tax Parcel Letter: 256-000-065
Utilities / Hvac
Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Underground Utilities, Water Available
Waterfront / Water
Water Body Name: Lanier
Waterfront Features: Lake Front, Stream
Directions
East of Highway 400 and west of Six Mill Creek Bridge.Listing Provided courtesy of Berkshire Hathaway Homeservices Georgia Properties