$7,500,000
For Sale

4900 Spot Road

Cumming, GA 30040
5 beds | 3.5 baths | 28.95 acres | #7468435
Browse 33 photos
Type:Purchase
Structure:House
Zone:Residential

Description

Developers Dream Project. Possible Owner Financing for a well-qualified Developer.
Tenant Occupied, So Don't drive by the property without any prior appointment or Listing agent accompanied.
Heaven on Earth! Exploding Cumming Location and landscape could not be more perfect! Absolutely gorgeous views of Sawnee Mountain & only a few miles to downtown Cumming, City Center and the Canton Hwy Expansion project is Underway, which will bring more residents and businesses to the area ! 28.95 Acres of beautiful, fenced land ideal for many uses. Two houses on the property. Both Tenant Occupied and Income producing. One Farmhouse with wrap around porch, features owners suite on main level, Upgraded Master Bath, newly Painted Interiors etc. Saltwater pool, Pool House and 6 Stall Barn round out this stunning property. Primed for developing into to a Modern and upscale, Custom Single-Family Homes Sub-Division. Sewer is Close by and Runs to the Opposite Heirloom Community by Empire Homes. Potential Commercial on the Road Frontage for a Right Commercial Use. Bring your Ideas and Imagination to make this blank canvas into lively neighborhood.

  • Interior Details
      • InteriorCathedral Ceiling(s)
      • Fireplaces1
    • Beds & Baths
      • Bathrooms3.5
      • Bedrooms5
      • Full Baths3
      • Half Baths1
      • Bedrooms on Main Level2
  • Property Details
      • Lot DescriptionBack Yard, Front Yard, Level, Pasture, Private, Wooded
      • Exterior MaterialsPrivate Entrance, Private Yard
      • ViewMountain(s)
    • Measurements
      • Acres28.95
    • Parking
      • Parking FeaturesCovered, Drive Under Main Level, Level Driveway, Parking Pad
      • Parking TypeDriveway
  • Construction Details
      • Basement DescriptionDaylight, Driveway Access, Finished Bath, Full, Interior Entry
      • Property TypePurchase
      • StyleRanch
      • Basement1
      • Basement Finished1
    • Condition
      • Year Built1985
  • Utilities / Energy Details
      • Utility FeaturesCable Available, Electricity Available, Phone Available, Water Available
      • Sewer InformationSeptic Tank
      • Utility SourceWell
  • Community and Neighborhood Details
      • High SchoolForsyth Central
      • CountyForsyth - GA
      • Elementary SchoolSawnee
      • Middle SchoolOtwell
  • Financial Details
      • Original List Price$7,500,000
      • Taxes Annual$11,292
  • Other
      • MLS #7468435

Location

Dahl House RealtyReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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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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