0 Chestatee Rd Dahlonega, GA 30533
This exceptional 60-acre estate presents a unique investment opportunity in Dahlonega, Georgia. Located on South Chestatee Road in Lumpkin County, this property boasts significant frontage on both South Chestatee Road and Yahoola Creek, which flows into the Chestatee River. The land is part of a larger 260-acre tract currently undergoing annexation into the city of Dahlonega, a process being managed by the current estate owner. The property's elevated position offers stunning mountain views. The asking price is $2,990,000, translating to $11,500 per acre. The current zoning is agricultural ("ag"), but the annexation into Dahlonega opens possibilities for future development, contingent upon successful rezoning. The property's substantial road frontage and creek access make it highly desirable for a variety of uses. The potential for residential or commercial development is significant, given its location and the ongoing annexation efforts. This is a rare opportunity to acquire a large parcel of land with exceptional features in a rapidly growing area of North Georgia. Further details regarding the annexation process and potential development scenarios are available upon request.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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