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155 Cedar Lodge Ln - Cedar Lodge

2,300 SF Specialty Building Offered at $6,995,000 in Waverly, GA 31565

INVESTMENT HIGHLIGHTS

  • 33.7 acre Coastal Peninsula (68 acres total) Overloooking Jekyl Island. Opportunity to rebrand as a private resort, family compound or boat club.
  • 2,300 sq. ft. event lodge, six ceremony sites, ten guest cottages + more
  • Previously operated as a highly respected full-service event venue, lodging operation, & 4-star resort

EXECUTIVE SUMMARY

33.7 acre Coastal Peninsula (68 acres total) Overloooking Jekyl Island. This is an opportunity to rebrand as a private resort, family compound or recreational boating club.

PROPERTY FACTS

Price $6,995,000
Price Per SF $3,041
Sale Type Investment
Sale Condition Business Value Included
Property Type Specialty
Property Subtype Lodge/Meeting Hall
Lot Size 68.00 AC
Building Size 2,300 SF
No. Stories 1
Year Built 2021

AMENITIES

  • Waterfront

ABOUT 155 CEDAR LODGE LN , WAVERLY, GA 31565

Cedar Lodge is a 34+/- acres coastal peninsula (68 total acres) situated on the confluence of Honey Creek and Kirby Creek. This private peninsula is one of the most outstanding coastal properties in the State of Georgia. Featuring live oaks, cedar, and cabbage palm hammocks on Honey Creek overlooking Jekyll Sound, this is the epitome of “Golden Isles.” The 18+ foot deep Honey Creek and tidal estuary guarantee ocean access at any tide. The convenience to the prosperity, social life, and sheer beauty that St. Simons, Brunswick, and Sea Island offer, are right here. Cedar Lodge was previously operated as a highly respected full-service wedding and event venue, lodging operation, and 4-star resort. As the current owners' professional careers took them in a different direction and they are selling the property, there are numerous options for a new owner moving forward on this beautiful property. A couple of options today that we see for this property are; a wedding and event venue, a lodging operation, a boating destination resort, an investor could condo it as a sporting resort, or a Social Storm™ family compound. This stunning property offers a unique blend of elegance, charm, modern amenities, unparalleled beauty, and investment potential. In 2017, Kori and Tommy McGraw discovered this peninsula, immediately bought it, and decided to create a place for people to come together and enjoy God’s great outdoors. The exceptional quality of construction and meticulous planning evident in what they’ve created here truly stand out. Called Cedar Lodge on Honey Creek, it quickly became an extremely popular corporate event and wedding venue. Over three years, the McGraw’s designed and built an event and lodging operation. While Cedar Lodge has thrived as a venue for lodging, weddings, gatherings, and events, the property has many possibilities. From the beginning, when they started developing this place, they set it up to be a compound, like a family compound where families could come and have that outdoor experience away from everything, but still close enough that if you wanted to go grab dinner somewhere, you could do that. Featuring multiple spaces both indoors and outdoors, Cedar Lodge offers a main house, nine guest cottages, an event lodge, charming front gardens, waterfront on Honey Creek, all a perfect canvas for creating unforgettable memories. The event/gathering lodge (2,300 sq. ft.) is an open, elegant yet rustic entertaining space complete with a loft and outdoor patio. It features a caterer’s kitchen, ADA-compliant restrooms, two beautiful suites, a large open area with a custom brick fireplace, and expansive wrap-around porches. There is a landscaped lit terrace for gatherings and entertainment. There is a more casual second event/gathering lodge for smaller gatherings. It has functioning horse stalls, and three offices, and could easily function as a working horse barn. The property’s six scenic locations, which have hosted countless memorable gatherings and ceremonies, are equally suited for private family moments or outdoor adventures. These locations have hosted the below number of guests in the previously: - The Event Lodge – 75 guests - Waterfront on Honey Creek – 275 guests - The Fireplace – 150 guests - Indoor with a View – 150 guests - The Front Garden – 225 guests - And Under the Oaks – 75 guests What truly sets Cedar Lodge apart is its lodging. The nine thoughtfully designed island-style cabin cottages provide comfortable accommodations for up to 29 guests, making it easy for families to come together. The opportunity to expand the cabins allows for even greater flexibility. Upon arrival, family members leave their personal vehicles at the barn and swap their keys for personal golf carts. These golf carts become the primary mode of transportation throughout their stay, allowing guests to explore the property’s winding paths, pristine waterfronts, and scenic oak hammocks at their leisure. Restricted vehicle access enhances the island ambiance and provides a serene, secure environment for all. The cottages are interconnected with a shared great room that includes a full kitchen (microwave, oven, coffee pot, ice machine, and full-size fridge), fireplace, TV, and powder room. Outside of the great room in the middle of the cottages is a pool for guests to take a refreshing dip. The cottages include: The Great Room - Shared space that includes living room with television and fireplace, kitchen with microwave and full refrigerator, and powder room. The Wiregrass - Queen Bed, ensuite with shower, microwave, fridge. The Bullard - Bunk bed with two twins, one full bed, ensuite with shower, microwave, fridge. The Howser - Queen bed and a full daybed. Ensuite ADA shower, microwave, fridge, and coffee pot. Corner room views. The McCullough - King bed with the option of two twins. Ensuite with shower and tub, microwave, fridge. Corner room views. The Rawl - Two full size beds, ensuite with shower, microwave, fridge. Corner room views. The Bishop - Two full size beds, ensuite with shower, microwave, fridge. The Knuttal - King bed, ensuite with shower, microwave, fridge. The Schupe - King bed, ensuite with shower, microwave, fridge. The Creek (Honeymoon Suite) - Fireplace, private balcony, wet bar, fridge, microwave, pull-out full-size sofa bed, King bed in the bedroom, soaking tub, ensuite shower In addition to the gathering and event space and cottages, the main house, the tidal marsh house (which was built in 2014), touts three bedrooms, and two baths, as well as an enclosed garage/ guest suite, which is 1-bed, 1-bath with a full kitchen and laundry room in the guest house. There’s a generator that services the main house and provides full backup. A workshop barn provides a basis for the resort’s 3-person staff as well as a drop-off point. Another barn provides more offices as well as additional event space. All furniture, fixtures, and equipment (FF&E) of the business convey, providing a turnkey operation for new owners. There is also zoning that allows for future construction of additional rooms, enhancing growth potential. Future plans could also include a kayak launch near the cabins and a skeet shooting range to be added to the grounds. Conceptual plans for expanded lodging and engineering for future septic systems have already been designed. Additional amenities include horse paddocks and a workshop by the barn with an enclosed housekeeping bay, maintenance office, and work area, as well as an open but covered parking area. There are several parking areas on the property and acres of natural landscape to explore. Another option for the property that was mentioned above, is that an investor could condo it as a sporting resort.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
139 053B
Land Assessment
$78,000
Improvements Assessment
$365,238
Total Assessment
$443,238

ZONING

Zoning Code C-P (Commercial)
C-P (Commercial)
  • Listing ID: 32160904

  • Date on Market: 6/17/2024

  • Last Updated:

  • Address: 155 Cedar Lodge Ln, Waverly, GA 31565

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