UPDATED:
09/05/2024 12:22 PM
Key Details
Property Type Vacant Land
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
MLS Listing ID 7183461
Style Ranch
Bedrooms 4
Full Baths 3
Half Baths 1
Construction Status Resale
HOA Y/N No
Originating Board First Multiple Listing Service
Year Built 1966
Annual Tax Amount $18,848
Tax Year 2022
Lot Size 54.300 Acres
Acres 54.3
Property Description
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
Zoning AG-1
Lake Name None
Rooms
Bedroom Description Master on Main
Other Rooms Outbuilding, Residence, Shed(s), Storage - Equipment
Main Level Bedrooms 4
Exterior
Fence None
Community Features Fishing, Lake, Near Schools, Near Shopping, Other
Utilities Available Cable Available, Electricity Available, Phone Available, Underground Utilities, Water Available
Waterfront Description Pond,Stream
View Rural, Trees/Woods
Present Use Agricultural,Hunting,Residential,Timber
Street Surface Gravel,Paved
Porch Deck, Front Porch
Private Pool false
Building
Lot Description Creek On Lot, Flood Plain, Lake On Lot, Pond on Lot, Private
Story Two
Architectural Style Ranch
Level or Stories Two
New Construction No
Construction Status Resale
Schools
Elementary Schools Summit Hill
Middle Schools Northwestern
High Schools Milton - Fulton
Others
Senior Community no
Tax ID 22 355009970411
Acceptable Financing 1031 Exchange, Cash, Other
Listing Terms 1031 Exchange, Cash, Other
Special Listing Condition None
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