GA > Marietta > Pen Oak Farm ~ 11.759 Acres
Marietta, GA 30062,2585 Gelding CT NE
Marietta, GA 30062,2585 Gelding CT NE
Marietta, GA 30062,2585 Gelding CT NE
Marietta, GA 30062,2585 Gelding CT NE
Marietta, GA 30062,2585 Gelding CT NE
Marietta, GA 30062,2585 Gelding CT NE
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Cherie Edmunds

Cherie Edmunds

+1(770) 906-7036
$ 4,395,000
Est. payment | /mo

7 Beds

5.5 Baths

11.76 Acres Lot

Save
$ 4,395,000
Est. payment | /mo
Save

7 Beds

5.5 Baths

11.76 Acres Lot

Key Details

Property Type Vacant Land

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Subdivision Pen Oak Farm ~ 11.759 Acres

MLS Listing ID 7389510

Style Country,European,Traditional

Bedrooms 7

Full Baths 5

Half Baths 1

Construction Status Resale

HOA Y/N No

Originating Board First Multiple Listing Service

Year Built 1986

Annual Tax Amount $30,919

Tax Year 2022

Lot Size 11.759 Acres

Acres 11.759

Property Description

PRIME DEVELOPMENT OPPORTUNITY- 11.76 Acres of POSSIBILITY (plus potential to add additional acreage). Finally, an exceptional opportunity to own the LARGEST SINGLE PARCEL of land ZONED R20 to be sold in the heart of E. Cobb in recent memory! This one-of-a-kind sprawling 11.759 acre canvas can be subdivided or developed for even more possibilities. As a matter of fact, a lot of the leg work for development has been initiated and lined up for the LDP (LDP not submitted but reach out to agent for extensive due diligence package and details). Even more possibilities to expand acreage to create an even larger subdivision. With adequate sewer and water lines and ease of access to utilities, coupled with a $72 million-dollar high school renovation/replacement project further increasing its long term value, now is the time to capitalize on this rare opportunity to build your dream neighborhood. You can either keep the house as a community clubhouse or sell independently. Currently this already-cleared acreage hosts 5 paddocks and an on-site 220' x 125' irrigated arena with all-weather footing and sound system; along with an 8-stall "show" barn complete with 2 wash racks, tack room, feed room, hay storage, charming pub, office and barn apartment with kitchenette and plenty of space for trailer/equipment. If horses aren't your thing, enjoy endless possibilities by converting the barn into a separate house for multigenerational living; event venue; recreation retreat; warehouse; storage for the car or toy collector in you. Since the house is located toward the very back of the property and its zoned R20, the opportunity to use the rest of the land for your heart's desire is now easier than ever. Located in top-tier E. Cobb schools, 9 miles to Braves stadium, near shopping, dining, entertainment and more, yet offering a sense of freedom and unparalleled privacy, security and seclusion from the bustle of city life without sacrificing location. You must experience this in person, but until then see the epic preview via YouTube and look up: "The Manor at Pen Oak by Winter Baserva"

Location

State GA

County Cobb

Zoning R20

Lake Name None

Rooms

Bedroom Description Oversized Master,Other

Other Rooms Barn(s), Stable(s), Storage, Other

Main Level Bedrooms 1

Exterior

Fence Back Yard, Front Yard

Community Features None

Utilities Available Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available

Waterfront Description None

View Pool, Trees/Woods, Water

Present Use Horses,Residential,Other

Street Surface Paved

Porch Front Porch, Rear Porch, Side Porch

Private Pool false

Building

Lot Description Cleared, Farm, Level, Private

Story Three Or More

Architectural Style Country, European, Traditional

Level or Stories Three Or More

New Construction No

Construction Status Resale

Schools

Elementary Schools Mountain View - Cobb

Middle Schools Simpson

High Schools Sprayberry

Others

Senior Community no

Tax ID 16062600080

Acceptable Financing 1031 Exchange, Cash, Conventional, VA Loan

Listing Terms 1031 Exchange, Cash, Conventional, VA Loan

Special Listing Condition None

First Multiple Listing Service(FMLS)
Listed by Atlanta Communities
Cherie Edmunds

Agent | License ID: 262659

+1(770) 906-7036 | [email protected]

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