UPDATED:
10/25/2024 03:58 PM
Key Details
Property Type Vacant Land
Sub Type Other
Listing Status Active Under Contract
Purchase Type For Sale
Subdivision Mashburn Estate
MLS Listing ID 7425127
Style Ranch
Bedrooms 4
Full Baths 3
Half Baths 1
Construction Status Resale
HOA Y/N No
Originating Board First Multiple Listing Service
Year Built 1972
Annual Tax Amount $11,461
Tax Year 2023
Lot Size 54.900 Acres
Acres 54.9
Property Description
An 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.
Location
State GA
County Forsyth
Zoning LR
Lake Name Lanier
Rooms
Bedroom Description Master on Main
Other Rooms Outbuilding, Residence, Storage - Equipment
Main Level Bedrooms 3
Exterior
Fence None
Community Features None
Utilities Available Cable Available, Electricity Available, Natural Gas Available, Phone Available, Underground Utilities, Water Available
Waterfront Description Lake Front,Stream
View Lake, Rural, Trees/Woods
Present Use Agricultural,Recreational,Residential
Street Surface Asphalt
Porch None
Private Pool false
Building
Lot Description Cleared, Creek On Lot, Lake On Lot, Private, Rolling Slope, Spring On Lot
Story Two
Architectural Style Ranch
Level or Stories Two
New Construction No
Construction Status Resale
Schools
Elementary Schools Chattahoochee - Forsyth
Middle Schools Little Mill
High Schools East Forsyth
Others
Senior Community no
Tax ID 256 065
Acceptable Financing 1031 Exchange, Cash
Listing Terms 1031 Exchange, Cash
Special Listing Condition None
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