Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Milton Estate Lot Opportunity Title is generated by Realmo AI

    2050 Magnolia Lane, Milton, GA 30004

    View on Map
    Claim this Listing
    New
    For Sale
    $1,130,220

    Land - Milton, GA

    Lot size:
    6.91 Acres
    Added:
    May 26, 2026
    Days on Market:
    5
    Last Refresh:
    May 30 at 3:06 pm

    Property Features for 2050 Magnolia Lane

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Lot size
    6.91 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Julie Gentry

    Listing agent Julie Gentry

    Listing office New Homes Network 100 Mansell Court East, Suite 600, Roswell, GA

    Listing date May 26, 2026

    MLS# 10771418 Listing URL

    Copyright © 2026 Berkshire Hathaway HomeServices Georgia Properties. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 6.91‑acre interior estate lot in an exclusive, gated community.
    • Located in The Homestead at Milton, offering 34 exclusive estate lots.
    • Expansive building area with tree‑lined views on a cul‑de‑sac.
    • Formerly part of a meticulously maintained golf course with park‑like grounds.
    • Convenient access to top schools, fine dining, shopping, parks, walking trails, and major transportation routes.
    • Bring your own plans and approved builder, or collaborate with the community's architectural, design, and building teams.

    Overview

    This 6.91-acre interior estate lot is located within the exclusive, gated community of The Homestead at Milton. The property offers tree-lined views and an expansive building area. Previously part of a meticulously maintained golf course with park-like grounds, The Homestead at Milton presents an exceptional opportunity to create a custom home in this prestigious enclave. The community features 34 exclusive estate lots situated in the heart of Milton, providing convenient access to top schools, fine dining, shopping, parks, walking trails, and major transportation routes. Prospective homeowners are invited to bring their own plans and approved builder for submission to the Builder Group or collaborate with the community's renowned architectural, design, and award-winning construction teams. This unique cul-de-sac estate lot provides an optimal setting for a new custom dream residence. The Homestead at Milton offers 34 exclusive estate lots in the heart of beautiful Milton - close to top schools, excellent dining, shopping, parks, walking trails, and convenient commutes. Opportunities are available to build a new custom dream home estate on this special interior estate lot where you can bring your own plans and approved builder to submit for community approval into the Builder Group or build with acclaimed architectural, design and award-winning building teams already involved the community.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Milton
    County
    Fulton
    State
    Georgia
    Longitude
    -84.273937
    Latitude
    34.148613

    Nearby Similar for Sale

    • $1,075,000
      2,955 SF

      Farmhouse Style Village Residence

      Farmhouse-style residence in Milton's Crossroads at Birmingham neighborhood.
      1057 Crossroads Trail, Milton, GA 30004
      View Details
    • $1,490,000
      2,500 SF

      Milton Farmhouse on Picturesque Land

      Charming 1940s farmhouse on 7.3 acres in Milton, Georgia.
      1060 Birmingham Road, Milton, GA 30004
      View Details
    • $1,950,000

      Lakefront Estate Lot in Milton

      4.29-acre lakefront estate lot in gated community.
      1050 Homestead Drive, Milton, GA 30004
      View Details
    • $1,130,220

      Spacious Milton Estate Lot

      6.91-acre interior estate lot in gated Milton community.
      2050 Magnolia Lane, Milton, GA 30004
      View Details
    • $2,700,000

      Luxury Estate Homesite in Milton

      6.7-acre homesite for custom dream home in gated community.
      1053 Homestead Drive, Milton, GA 30004
      View Details
    • $1,575,000

      Milton Estate Homesite Opportunity

      4.4 acre estate homesite in The Homestead at Milton.
      2060 Magnolia Lane, Milton, GA 30004
      View Details
    • $2,700,000

      Milton Land in Gated Community

      6.7-acre homesite for custom estate in Milton, Georgia.
      1053 Homestead Drive, Milton, GA 30004
      View Details
    • $1,800,000

      Cleared Estate Lot in Milton

      4.2-acre lot ready for a dream home.
      330 Lakeshore Road, Milton, GA 30004
      View Details
    • $1,500,000

      Estate Homesite in Milton

      Private 4.47-acre homesite in The Homestead at Milton.
      2027 Magnolia Lane, Milton, GA 30004
      View Details
    • $1,950,000

      Lakefront Estate Lot Opportunity

      4.29-acre lakefront estate lot in gated Milton community.
      1050 Homestead Drive, Milton, GA 30004
      View Details
    • $1,200,000

      Private Estate Lot in Milton

      Exclusive 10.33 acre estate lot in gated community.
      2030 Magnolia Lane, Milton, GA 30004
      View Details
    • $1,200,000

      Private Estate Lot in Milton

      Exclusive 10.33-acre estate lot in gated Milton community.
      2030 Magnolia Lane, Milton, GA 30004
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 6.91 acre interior estate lot in gated Milton community.
    Where is this residential land & home lot located?
    The property is located at 2050 Magnolia Lane Milton, GA.
    What is the asking price?
    The asking price for this property is $1,130,220.
    What are key features of this property?
    This property features: 6.91‑acre interior estate lot in an exclusive, gated community.; Located in The Homestead at Milton, offering 34 exclusive estate lots.; Expansive building area with tree‑lined views on a cul‑de‑sac.
    (770) 855-6964
    We can help!
    Listing Contact
    Julie Gentry
    Real Estate License ID: 316481
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    2050 Magnolia Lane, Milton, GA 30004
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!