R2 Zoned Multifamily-Ready Land
For Sale
$290,000
738 Old Mineral Springs Road, Elberton, GA 30635
Land, Elberton, GA
Property SizeContact for details
Lot Size49.09 Acres
Days on Market166
Property Features for 738 Old Mineral Springs Road
General Information
Property type
Land
Property subtype
Other
Vegetation
Cleared, Partially Wooded
Fencing
Chain Link
Elementary school
Elbert
Middle school
Elbert
High school
Elbert
Directions
Located off of South Oliver street 1 mile from intersection w Hwy 72 or GPS
Standard status
Active
APN
032C 049
Lot size
49.09 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
1803
Utilities
Utilities
Water Available
Sewer type
Public Sewer
Water source
Public
Water front features
Creek
Water front
1
Listing Agency:
Virtual Properties Realty.com
(770) 495-5050
Listed By:
James H Dunlap · License #350931
(770) 630-9731
Added: Apr 1
Changed: Sep 12
Last Checked: Sep 13 at 9:06PM
MLS# 10730215
Copyright © 2026 Georgia Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 49.085+/- acre property is R2 zoned and is described as allowing multifamily construction. The provided information also notes restrictions beyond Elbert County approvals, including that the county will not allow a campground or a mobile home park, and that a privacy fence with gate is required. The land is characterized by gentle rolling topography and includes multiple interior paths, supporting flexibility in where site improvements or building areas could be placed. Part of the back property line is along Falling Creek. Public water and sewer are available in specific areas, and electric service is also available.
The tract is located just outside of Elberton and features access and entry from three points. One entry is at 738 Old Mineral Springs Road. Another entrance is at 415 Athenia St, noted as being at the very end of the street with a gate. A third possible entrance is indicated off Ohio St.
For development-minded buyers, the R2 zoning and noted allowance for multifamily construction provide a clear starting point, while the stated restrictions and fence requirement should be reviewed early in planning. For personal-use buyers, the combination of multiple potential building site locations, access from more than one point, and on-site creek frontage can support a variety of low-to-moderate density layouts, subject to county approvals.
The tract is located just outside of Elberton and features access and entry from three points. One entry is at 738 Old Mineral Springs Road. Another entrance is at 415 Athenia St, noted as being at the very end of the street with a gate. A third possible entrance is indicated off Ohio St.
For development-minded buyers, the R2 zoning and noted allowance for multifamily construction provide a clear starting point, while the stated restrictions and fence requirement should be reviewed early in planning. For personal-use buyers, the combination of multiple potential building site locations, access from more than one point, and on-site creek frontage can support a variety of low-to-moderate density layouts, subject to county approvals.
Key Highlights
- R2 Zoning allows for multifamily construction.
- 49.085+\/- acres of land close to town.
- Multiple access points (738 Old Mineral Springs Rd, 415 Athenia St, Ohio St).
Property Analytics
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Current Use
Lease Details
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
138
Businesses Nearby
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Business Placement
Demographics for 30635, GA
15,365
Population
7,422
Households
2.1
Avg Household Size
45
Median Age
17%
College-Educated
86%
High-School Grad
280.6 sq mi
ZIP Area
55
Density / Sq Mi
$45,368
Median Household Income
$38,339
Median Earnings
$866
Median Rent
$117,900
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - 49-acre tract with multiple entry points and R2 zoning allowing multifamily construction, subject to county restrictions.
Where is this residential land & home lot located?
The property is located at 738 Old Mineral Springs Road Elberton, GA.
What is the asking price?
The asking price for this property is $290,000.
What are key features of this property?
This property features: R2 Zoning allows for multifamily construction.; 49.085+\/- acres of land close to town.; Multiple access points (738 Old Mineral Springs Rd, 415 Athenia St, Ohio St).
