$1,800,000
For Sale

51 ACRES Mountain Cove Way

Cherry Log, GA 30522
Type:Purchase
Structure:Land
Zone:Residential

Description

Mountain Cove Estates is a Private prime area of unparalleled privacy and pristine natural surroundings. This 51.59 acres Sanctuary, backing up to USNF, is ready for your dream home, or family compound. The building areas, depending on which you choose include, long range views, overlooking a 1-acre pond or listening to the waterfalls. The Road work is complete, has roads in and all underground power is too. There is an area that also includes a 70X30 Barn, a Pavilion overlooking ponds, and a stone BBQ grill & firepit, perfect for outdoor relaxation and recreation. Feeding the ponds is Briar Creek, a natural Spring water fall that is just off the property and leads to a short adventure walk up to connect to the Benton MacKaye Trail. For an investor, The potential for 7 additional homes all with 5-7 acre lots are already divided, or just keep it all for yourself . All the pre work is completed, underground pre-installed electric, approved subdivision roads, Gilmer approved lots and so much more. Conveniently located less than 10 miles from town, 1 mile off 515, and in Cherry Log. This is Ideal for a private estate development or resale of individual lots. With flexible opportunities for both personal enjoyment and investment . Appointment Required.

  • Property Details
      • Utility FeaturesCable Available, Electricity Available, Underground Utilities
      • Lot DescriptionLevel, Sloped, Steep Slope
      • SubdivisionMountain Cove Estates
      • Elementary SchoolMountain View
      • Middle SchoolClear Creek
      • Utility SourceNone, Other
      • Waterfront FeaturesCreek, Pond
      • Property TypePurchase
      • MLS #10332335
      • MLS #10332335
      • Cost1800000
      • High SchoolGilmer
      • CountyGilmer
      • Taxes Annual$4,238
      • Acres51.59
      • Property SubtypeLand

Location

Terri Sewell | HomeSmartReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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