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5325 Browns Bridge Rd - Mashburn Estate

54.95 Acres of Residential Land Offered at $7,425,000 in Cumming, GA 30041

Investment Highlights

  • Three miles from 400.
  • The property also includes two dock permits with great water on Lake Lanier.

Executive Summary

Under Contract with 90 Due Diligence Period as of 10/15/2024.
Current Zoning: Lake Residential 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.

Property Facts Under Contract

Price $7,425,000
Sale Type Investment or Owner User
Sale Conditions
1031 Exchange
  • Ground Lease (Leasehold)
  • Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Residential
Total Lot Size 54.95 AC

1 Lot Available

Lot

Price $7,425,000
Price Per AC $135,123
Lot Size 54.95 AC

An initial assessment by a builder/developer indicates exceptional potential for residential development, with current zoning allowing approximately 1.71 units per acre (Lake Residential). The property includes two dock permits.

Description

Currently have Multiple LOI’s and Offers. Calling for LOI’s or Offers: Due 6:00PM EST August 21, 2024 Current Zoning: Lake Residential 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 cleared pastures offer the perfect setting for an equestrian estate or luxurious residential development. 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. Take action 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.

zoning

Zoning Code Lake Residential (Lake Residential)
Lake Residential (Lake Residential)
  • Listing ID: 23990307

  • Date on Market: 8/27/2021

  • Last Updated:

  • Address: 5325 Browns Bridge Rd, Cumming, GA 30041

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