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Mary Ellen Vanaken

[email protected] +1(678) 665-2887

$ 5,800,000

Est. payment -/mo

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Active

13340 New Providence RD Milton, GA 30004

54.3 Acres Lot

UPDATED:

09/26/2024 08:10 PM

Key Details

Property Type Vacant Land

Sub Type Residential Lot

Listing Status Active

Purchase Type For Sale

MLS Listing ID 10138571

HOA Y/N No

Originating Board Georgia MLS 2

Annual Tax Amount $18,848

Tax Year 2022

Lot Size 54.300 Acres

Acres 54.3

Lot Dimensions 54.3

Property Sub-Type Residential Lot

Property Description

Approximately 54 acres, zoned AG-1, located in prestigious Milton with over 1000ft of road frontage on New Providence Rd. Hunter's and fisherman's dream. One of the last parcel of this size in the area. The 54 acres is comprised of two parcels; 22-3550-0997-040-3 and 22-3550-0997-041-1. Income producing: Cell tower month-to-month lease agreement included in sale. Many possibilities of use... Perfect for 1031 exchange. Buy and hold and let the income from the cell tower pay for taxes and with some, upgrading of the house, additional income can be generated from renting the house. An additional 17 acres(FMLS#7158177) can be assembled with this property bringing the total acreage to 71 acres. ATTN: DEVELOPERS/BUILDERS No rezoning needed to build 1 acre minimum lots. Estate homes in area selling for approximately $2M+. Best future use is single detached luxury residential redevelopment. Income producing: Cell tower lease agreement included in sale. Zoned AG-1, which in Milton mandates that each lot must be at least 1 acre. Milton development proposals that comply with AG-1 zoning standards are permitted "by-right" and cannot be rejected if they meet all the necessary requirements. Development incentives are available with some relief to standard subdivision regulations for lots 3 acres and greater. Income producing: Cell tower lease agreement included in sale. Terrain: rolling, wooded, creek, pond. Livable 1968 4BR 3.5BA ranch home on an unfinished basement on property(price does not give value to home). The home on property has great bones and would make a great rental, renovation project or live in it while you build your dream home in area of Million $+ homes. Convenient to Hwy 400, Halcyon, Avalon, Alpharetta City Center and Crabapple Community. Can also be used for recreation; hunting, fishing, trails throughout Milton is accessible from Georgia 400, which runs southeast of the City limits, and multiple major highways cross through the city, including Highway 9 / Deerfield Road, State Route 372 / Birmingham Highway, and State Route 140 / Arnold Mill Road. **APPOINTMENT REQUIRED to walk property. Please do not walk property without making an appointment with Listing agent.**

Location

State GA

County Fulton

Rooms

Other Rooms Outbuilding, Residence, Shed(s)

Interior

Fireplace No

Exterior

Community Features None

Utilities Available Cable Available, Electricity Available, Phone Available, Underground Utilities, Water Available

Waterfront Description Creek,Pond

View Y/N No

Private Pool No

Building

Lot Description Private

Faces Use GPS

Sewer Septic Tank

Water Well

New Construction No

Schools

Elementary Schools Summit Hill

Middle Schools Northwestern

High Schools Milton

Others

Tax ID 22 355009970403

Acceptable Financing Cash, Other

Listing Terms Cash, Other

Mary Ellen Vanaken

Agent/Team Leader | KWNF278255

+1(678) 665-2887

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Alpharetta, GA

Mary Ellen Vanaken

13340 New Providence RD Milton, GA 30004

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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13340 New Providence RD