OWNER JUST PURCHASED 391 FT OF ROAD FRONTAGE ON MORRIS RD. FOR INGRESS! 3900 SQ FT HOME ON PROPERTY/WONDERFUL INVESTOR OPPORTUNITY TO DEVELOP AS RSL SENIOR LIVING COMMUNITY OR GET ZONED FOR R20-OSC FOR GREAT COMMUNITY! CURRENT EASEMENT TO PROPERTY ON HIRAM LITHIA SPRINGS. MOTIVATED SELLER!! 41.5+/- Acres with potential to add adjacent parcels Zoned R-30 single-family residential, 30,000 square foot lot size Located in Cobb County school district - Powder Springs Elementary; Cooper Middle and McEachern High All utilities to property (water, electric, and gas) Features 5 acre lake, partially wooded, gentle rolling topography, small pond, country fields and frontage on Morris Road with ingress easement on Hiram Lithia Springs Road. Property also includes historic barn and 3,900 sq. ft. home. Great investor opportunity for redevelopment into residential neighborhood or senior living community. Future Exit Strategy Land that will greatly appreciate as only few large land properties remain in Cobb County Zoned R-30 (30KSF lots), potential to go R-20 for denser residential lots (20KSF lots), and add adjacent acreage (potentially up to ~70AC with multiple Neighborhood entrances). All utilities to property (water, electric, and gas); Multiple points for Sewer Access Great rolling hills Topography, pleasant 5AC lake, a few fields, some wooded areas, with growth and development in the surrounding area. There are a few surrounding recently developed neighborhoods that have been filling up with good sales figures.
- Price:
- $2,703,675
- Bedrooms:
- 3
- Full Baths:
- 4
- Acreage:
- 41.60
- Year Built:
- 1978
- Listing ID #:
- 6670228
- Street Address:
- 3950 Hiram Lithia Springs Rd
- City:
- Powder Springs
- State:
- Georgia
- Postal Code:
- 30127
- County:
- Cobb
- Subdivision:
- 9991-Homesite
- Listing Status:
- Active
- Listing Type:
- Land
PRESCHOOL-5
800 students
13 student/teacher
6-8
1500 students
14 student/teacher
9-12
2410 students
17 student/teacher
- Architecture Style:
- Cabin, Ranch, Rustic
- Building Condition:
- Resale
- Other Buildings:
- Barn(s), Residence, Shed(s)
- Patio Description:
- Deck, Front Porch, Patio
- Stories:
- One And One Half
- View:
- Lake, Rural
- Year Built:
- 1978
- Conforms To Zoning:
- R4
- Existing Land Use:
- Residential
- Horse Features:
- Barn, Pasture
- Lot Features:
- Lake/Pond On Lot, Private, Rolling Slope
- Lot Number:
- 893/894
- Lot Size Source:
- Public Records
- Road Frontage Type:
- Easement , State Road
- Road Type:
- Dirt
- Suitable Use:
- Agricultural, Fishery, Horses, Hunting, Ranch, Recreational, Residential, Other
- Vegetation:
- Open, Partially Wooded, Wooded
- Community Features:
- Fishing, Lake, Pool
- Days On Market:
- 512
- On Market Date:
- 2020-01-22
- Price Per Acre:
- 64992.19
- Property Taxes:
- $8,190
- Tax Year:
- 2018
- Bedrooms On Main Level:
- 3
- Full Bathrooms On Main Level:
- 4
- Fence:
- Back Yard, Fenced, Wood
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.
Your Payment
$1,400/mo
Source: CINC
- Listing provided courtesy of Keller Williams Realty Peachtree Rd.
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