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Property profile & analytics
OFF-MARKET
Wedding venues

280 Star Creek Rd Morganton, GA 30560

16,227 SF 24.65 ac lot Built 2011
Property ID
Property summary
AI-generated overview

This exceptional 24.65-acre estate in Morganton, Georgia, presents a unique investment opportunity. The property features a stunning, fully furnished 16,227 sq ft custom home built in 2011, boasting seven spacious bedroom suites, each with a full bathroom, plus two half baths. Amenities include a movie theater, oversized game room, and a finished basement. Three expansive outdoor patios offer breathtaking panoramic views. The gourmet kitchen is equipped with top-of-the-line appliances. The property also includes three additional buildings, totaling four structures in all. Additional features include a three-car garage with a workshop, a new fiber optic connection, and two 1,000-gallon underground propane tanks. The property is currently generating income as a short-term vacation rental, listed for $2,500 per night, and has a wedding booked for $24,000 that will transfer to the new owner. Located less than two hours from Chattanooga, TN, and 90 minutes from Atlanta, GA, this property is zoned rural and offers unparalleled privacy with a gated entrance and a picturesque stone bridge crossing Star Creek. Antique Studebakers are included in the sale. The asking price is $7,500,000. All structures (excluding the hayshed) have well water, sewer, and gas propane. The guest house has a 500-gallon propane tank.

Property profile
Verified
Property type Wedding venues
Year built 2011
Total area 16,227 SF
Lot 24.65 ac (1,073,754 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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