Bought with Non-Mls Salesperson • Non-Mls Company
$1,550,000
$1,950,000
20.5%For more information regarding the value of a property, please contact us for a free consultation.
45.07 Acres Lot
SOLD DATE : 09/13/2023
Key Details
Sold Price $1,550,000
Property Type Vacant Land
Sub Type Residential Lot
Listing Status Sold
Purchase Type For Sale
Subdivision 8509
MLS Listing ID 20134270
Sold Date 09/13/23
HOA Y/N No
Annual Tax Amount $11,560
Tax Year 2022
Lot Size 45.070 Acres
Property Description
The Norton Commercial Acreage Group is proud to present for sale this +/- 45.07 acre estate property located in eastern Gwinnett County. Currently zoned RA200 (Agriculture-Residence District). The property has rolling to sloping topography with a mix of open land and wooded acreage. Site is highly suitable for 4-8 mini estate lots utilizing the two existing homes and driveway already in place. The included structures are the main residence (a sprawling custom-built estate home), a separate 1000 +/- SF studio/workshop (perfect for a home office or business), a separate one car garage/storage building, a barn with storage and a 3BR, 2 BA brick caretaker's or rental home that has recently been updated and is highlighted by the original pine paneling and floors. Alternatively, residential developers looking to capitalize on the strong demand for new home construction in the area will find this site offers solid development potential. A preliminary layout showing 68 lots that was never fully engineered or budgeted is available upon request. The average new home sale price in this highly desirable school district has been roughly $460,000 over the last 6 months. All public utilities are available to the site, including sanitary sewer nearby and water to site. Sewer capacity will need to be confirmed with Gwinnett County. Driven by the area's quality of life, employment opportunities, affordability and the increase in Gwinnett County's housing demand, this is a superb development opportunity from a mini estate or traditional subdivision approach. Located just 8 miles (15 minutes' drive) from Downtown Lawrenceville, the subject property provides easy access to all Lawrenceville has to offer - a wide array of dining, retail centers and entertainment - as well as easy access to Hwy 316 and I-85. Site is tucked away and less than 2 miles from Harbins Park, a 1,960-acre park with amenities such as playground, pavilions, dog park, lake, paved trail, baseball and football fields and much more. Also, Tribble Mill County Park is a 713-acre park approximately the same distance away which offers many similar amenities. Site is in the Harbins Elementary, McConnell Middle and Archer High School districts.
Location
State GA
County Gwinnett
Exterior
Community Features None
Utilities Available Cable Available, Electricity Available, High Speed Internet, Natural Gas Available, Sewer Available, Phone Available, Underground Utilities, Water Available
Building
Sewer Private Sewer
Schools
Elementary Schools Harbins
Middle Schools Mcconnell
High Schools Archer
Others
Financing Cash
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