R2 Zoned Multifamily Development
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 Market167
Property Features for 738 Old Mineral Springs Road
General Information
Property type
Land
Property subtype
Other
Zoning
001
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
2025
Tax Description
638 OMS
Tax Annual Amount
2024
Legal Description
638 OMS
Utilities
Sewer type
Public Sewer, Septic Tank
Water source
Public
Water front features
Creek
Water front
1
Listing Agency:
Virtual Properties Realty
(770) 495-5050
Listed By:
James Dunlap · License #350931
(770) 630-9731
Added: Apr 1
Changed: Sep 12
Last Checked: Sep 14 at 2:06AM
MLS# CL353936
Copyright © 2026 Hive MLS. 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 is a 49.085+/- acre R2-zoned land tract with the stated ability to support multifamily construction. The listing notes no restrictions except Elbert County will not allow a campground or a mobile home park, and that a privacy fence with a gate is required. The property includes multiple areas of entry and interior paths, which can help accommodate different building site layouts.
The tract is located just outside of Elberton and offers access from three points, including 738 Old Mineral Springs Rd and an additional entrance at 415 Athenia St at the end of the street with a gate. A possible additional entrance off Ohio St is also mentioned. Part of the back property line is described as Falling Creek, and the topography is described as gentle and rolling.
For tenants, buyers, or developers, the R2 zoning and multiple access points can support multifamily planning, subject to Elbert County requirements. The site also presents alternate options for an owner-occupied use such as a private garden, farm, or horse farm property, with public water and sewer available in specific areas and electric available as well. Any plan that differs from the stated R2 permissions would require consideration of rezoning, where applicable, in line with the county’s approval process.
The tract is located just outside of Elberton and offers access from three points, including 738 Old Mineral Springs Rd and an additional entrance at 415 Athenia St at the end of the street with a gate. A possible additional entrance off Ohio St is also mentioned. Part of the back property line is described as Falling Creek, and the topography is described as gentle and rolling.
For tenants, buyers, or developers, the R2 zoning and multiple access points can support multifamily planning, subject to Elbert County requirements. The site also presents alternate options for an owner-occupied use such as a private garden, farm, or horse farm property, with public water and sewer available in specific areas and electric available as well. Any plan that differs from the stated R2 permissions would require consideration of rezoning, where applicable, in line with the county’s approval process.
Key Highlights
- R2 zoned for multifamily construction (Elbert County restrictions: no campground or mobile home park).
- 49.085+/- acres located just outside of Elberton with Falling Creek along part of the back property line.
- Waterfront feature includes a creek (Falling Creek).
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
35
Businesses Nearby
Explore this area
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 outside Elberton with three access points, gentle terrain, and utilities available in select areas.
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 zoned for multifamily construction (Elbert County restrictions: no campground or mobile home park).; 49.085+/- acres located just outside of Elberton with Falling Creek along part of the back property line.; Waterfront feature includes a creek (Falling Creek).
