5325 Browns Bridge Rd Cumming, GA 30041
- Commercial real estate
- 54,395.00 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 5325 Browns Bridge Rd
- Lot size
- 54,395.00 lot acres
- Property type
- Commercial real estate
Description
This exceptional 54.395-acre property, known as the Mashburn Family Estate, presents a unique investment opportunity in Cumming, Georgia. Currently zoned Lake Residential and Conservation in Forsyth County, this expansive land boasts prime residential development potential. An initial assessment suggests approximately 1.71 units per acre are permissible, translating to an estimated 52 lots on roughly 30 usable acres, given a minimum lot size of 25,500 square feet. The property offers significant road frontage on Browns Bridge Road and desirable lake frontage on Six Mile Creek, conveniently located just three miles from GA-400. Two existing dock permits on Lake Lanier provide immediate access to recreational opportunities, with potential for upgrades. The estate includes a four-bedroom ranch house built in 1972, adding to its versatility. The rolling hills, creeks, springs, and open grazing lands create a picturesque setting ideal for a high-end residential community. This is the first time this four-parcel estate has been offered for sale, presenting a rare chance to develop a thriving neighborhood with stunning lake views. The asking price is $7,425,000. This property is perfect for developers seeking to create a desirable community, offering a blend of natural beauty and convenient access to major roadways. The zoning allows for a variety of development options, from single-family homes to potentially mixed-use projects.
Value Estimations
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CAP approach
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Location Insight
- Map
- Local Demand
- City
- Cumming
- County
- Forsyth
- State
- Georgia
- Longitude
- -84.052911
- Latitude
- 34.249155