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3355 Smithtown Rd - Smithtown Rd Luxury Home Development Acreage

12.89 Acres of Residential Land Offered at $2,900,000 in Suwanee, GA 30024

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Investment Highlights

Can be developed to include multi-million dollar homes.
Existing home is very liveable

Beatiful topography

Executive Summary

ATTENTION CUSTOM HOME BUILDERS-Prime redevelopment opportunity on this stunning acreage. Owner can keep all or a portion of the front buildings and develop around it or clear the land. Zoned R140 so the land can be sub-divided to build up to 7 luxury homes.
DISTRICT DEVELOPMENT REGULATIONS:
-Minimum Lot size: 30,000 square feet, not less than 50% above the flood plain.
-Minimum Lot Width: 140 feet except where abutting a cul-de-sac or half cul-de-sac then 100 feet of frontage.
-Minimum road frontage: 40 feet.
-Minimum yard abutting a Public Street: 50 feet
-Minimum side yard: 10 feet
-Minimum Rear Yard: 40 feet
-Maximum Height: 35 feet
-Minimum floor area 1,250 square feet.
-Street Rights of Way: 50 feet if in the interior of the Sub-Division

R140 Details

Property Facts Under Contract

Price	$2,900,000	Property Type	Land
Sale Type	Investment or Owner User	Property Subtype	Residential
Sale Conditions	Redevelopment Project	Total Lot Size	12.89 AC
No. Lots	1

Price	$2,900,000
Sale Type	Investment or Owner User
Sale Conditions	Redevelopment Project
No. Lots	1
Property Type	Land
Property Subtype	Residential
Total Lot Size	12.89 AC

1 Lot Available

Lot

Price	$2,900,000	Lot Size	12.89 AC
Price Per AC	$224,981

Price	$2,900,000
Price Per AC	$224,981
Lot Size	12.89 AC

Wonderful rolling hill acreage on a private pond inside Suwanee City Limits. 4000 square foot main house, a separate event space, garage and equipment storage facility positioned on the front of the parcel, and approximately 10 acres undeveloped.

Description

Existing home in front of property can be kept and developed around it. Main building includes out buildings including, equipment storage, small event hall, 2 enclosed multi-vehicle garage buildings. Undeveloped land behind existing structures with a roughly paved road leading to a pond.

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