Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Waterfront Lot in Gated Community Title is generated by Realmo AI

    Laughing Gull Hideaway Drive lot 46, Midway, GA 31320

    View on Map
    Claim this Listing
    For Sale
    $150,000

    LAND - Midway, GA

    Lot size:
    1.10 Acres
    Added:
    Apr 20, 2026
    Days on Market:
    30
    Last Refresh:
    May 19 at 9:06 am

    Property Features for Laughing Gull Hideaway Drive lot 46

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    280D 044
    Lot size
    1.10 Acres

    Utilities

    Water front
    1

    We can help!

    Listing Contact
    Austin Sullivan

    Listing agent Austin Sullivan License #433228

    Listing office Atlantic Partners Realty LLC 1071 Atlantic Blvd, Atlantic Beach, GA

    Listing date Apr 20, 2026

    MLS# 1661446 Listing URL

    Copyright © 2026 Golden Isles Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 1.1‑acre waterfront lot in gated community with pond views.
    • Direct access to Jerico River via private dock and boat launch.
    • Utilities available: electricity, natural gas, telephone, public water, public sewer, and trash service.
    • Enjoy the two‑story waterfront community cabin with full kitchen and lounge areas.
    • Located in a quiet cul‑de‑sac.
    • HOA covers maintenance of common areas and amenities.

    Overview

    This 1.1-acre vacant lot is located in the gated waterfront community of Laughing Gull Hideaway in Midway, Georgia. Situated at the end of a quiet cul-de-sac, Lot 43 offers waterfront and pond views and is located steps from the community's private dock and private boat launch with direct access to the Jerico River. The residentially zoned lot is ready to build and has available utilities, including electricity, natural gas, telephone, public water, public sewer, and trash service. Community amenities include a two-story waterfront community cabin with water, power, a grill, sink, fireplace, and lounge area on the lower level, and a full kitchen and space for guests on the upper level. The community is subject to recorded CC&R's. HOA dues are $95 per month, covering maintenance of common areas and amenities. This property is suitable for a primary residence or private retreat.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Midway
    County
    Liberty
    State
    Georgia
    Longitude
    -81.3592
    Latitude
    31.7745

    Nearby Similar for Sale

    • $174,900

      Prime Commercial Lot in Midway

      1.56-acre commercial lot at high-traffic intersection in Midway, GA.
      1.56 AC S Coastal Highway, Midway, GA 31320
      View Details
    • $1,988,000

      Approved Residential Subdivision Development Opportunity

      46.81-acre property approved for 36-lot single-family residential community.
      580 Old Gress Island Road, Midway, GA 31320
      View Details
    • $105,000

      Waterfront Land in Gated Community

      Premier gated community with deep water access and amenities.
      Jerico Marsh Road lot: 29, Midway, GA 31320
      View Details
    • $1,988,000
      1,235 SF

      Approved Residential Subdivision Development Opportunity

      46.81-acre property approved for 36 single-family residential lots.
      580 Old Gress Island Road, Midway, GA 31320
      View Details
    • $1,988,000
      1,235 SF

      Approved Coastal Subdivision Ready

      46.81-acre property approved for 36 single-family residential lots.
      580 Old Gress Island Road, Midway, GA 31320
      View Details
    • $11,950

      Residential Land in Midway, Georgia

      0.33-acre corner lot with community amenities near Savannah and Hinesville.
      138-140 Dogwood Lane, Midway, GA 31320
      View Details
    • $179,500

      Coastal Land Near Half Moon Marina

      1.05-acre lot near Half Moon Marina in Midway, GA.
      Kings Road, Midway, GA 31320
      View Details
    • $50,000

      Midway, Georgia 1.21-Acre Lot

      1.21-acre lot in Midway, Georgia, ready for custom build.
      102 Trail S, Midway, GA 31320
      View Details
    • $1,988,000

      Approved Residential Development Opportunity

      46.81-acre property approved for 36 single-family residential lots.
      580 Old Gress Island Road, Midway, GA 31320
      View Details
    • $165,000

      Midway, GA Land For Sale

      2.5 acres with frontage on US Hwy 84/E Oglethorpe.
      13225 E Oglethorpe Highway, Midway, GA 31320
      View Details
    • $135,500

      Midway, GA Wooded Land

      17.55-acre wooded tract near water, ideal for residence or recreation.
      Fort Morris Road, Midway, GA 31320
      View Details
    • $125,000

      Midway, GA Land For Sale

      2.68-acre wooded lot near the coast in Liberty County.
      Japonica Drive lot: 42, Midway, GA 31320
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 1.1-acre lot with waterfront access and community amenities.
    Where is this residential land & home lot located?
    The property is located at Laughing Gull Hideaway Drive lot 46 Midway, GA.
    What is the asking price?
    The asking price for this property is $150,000.
    What are key features of this property?
    This property features: 1.1‑acre waterfront lot in gated community with pond views.; Direct access to Jerico River via private dock and boat launch.; Utilities available: electricity, natural gas, telephone, public water, public sewer, and trash service.
    (904) 247-0059
    We can help!
    Listing Contact
    Austin Sullivan
    Real Estate License ID: 433228
    Learn More
    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
    Laughing Gull Hideaway Drive lot: 46, Midway, GA 31320
    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!