2585 Gelding Court Marietta GA 30062, MLS# 385709794
Marietta, GA 30062
- 7Beds
- 5Full Baths
- 1Half Baths
- N/A SqFt
- 1986Year Built
- 11.76Acres
- MLS# 385709794
- Land
- Single Family Residence
- Active
- Approx Time on Market5 months, 14 days
- AreaN/A
- CountyCobb - GA
- Subdivision Pen Oak Farm ~ 11.759 Acres
Overview
PRIME DEVELOPMENT OPPORTUNITY- 11.76 Acres of POSSIBILITY. Finally, an exceptional opportunity to own the LARGEST SINGLE PARCEL of land ZONED R20 to be sold in the heart of E. Cobb in recent memory! This one-of-a-kind sprawling 11.759 acre canvas can be subdivided or developed for even more possibilities. As a matter of fact, a lot of the leg work for development has been initiated and lined up for the LDP (details available upon request). Even more possibilities to expand acreage to create an even larger subdivision. With adequate sewer and water lines and ease of access to utilities, coupled with a $72 million-dollar high school renovation/replacement project further increasing its long term value, now is the time to capitalize on this rare opportunity to build your dream neighborhood. You can either keep the house as a community clubhouse or sell independently. Currently this already-cleared acreage hosts 5 paddocks and an on-site 220' x 125' irrigated arena with all-weather footing and sound system; along with an 8-stall ""show"" barn complete with 2 wash racks, tack room, feed room, hay storage, charming pub, office and barn apartment with kitchenette and plenty of space for trailer/equipment. If horses aren't your thing, enjoy endless possibilities by converting the barn into a separate house for multigenerational living; event venue; recreation retreat; warehouse; storage for the car or toy collector in you. Since the house is located toward the very back of the property and its zoned R20, the opportunity to use the rest of the land for your heart's desire is now easier than ever. Located in top-tier E. Cobb schools, 9 miles to Braves stadium, near shopping, dining, entertainment and more, yet offering a sense of freedom and unparalleled privacy, security and seclusion from the bustle of city life without sacrificing location. You must experience this in person, but until then see the epic preview via YouTube and look up: ""The Manor at Pen Oak by Winter Baserva""
Association Fees / Info
Hoa: No
Community Features: None
Bathroom Info
Halfbaths: 1
Total Baths: 6.00
Fullbaths: 5
Room Bedroom Features: Oversized Master, Other
Bedroom Info
Beds: 7
Building Info
Habitable Residence: Yes
Current Use: Horses, Residential, Other
Business Info
Equipment: None
Exterior Features
Fence: Back Yard, Front Yard
Patio and Porch: Front Porch, Rear Porch, Side Porch
Road Surface Type: Paved
Pool Private: No
County: Cobb - GA
Acres: 11.76
Fees / Restrictions
Listing Terms: 1031 Exchange,Cash,Conventional,VA Loan
Financial
Original Price: $4,395,000
Owner Financing: No
Documents Available: Aer Photo, Appraisal, Legal Desc, Survey, Other
Handicap
Interior Features
Security Ftr: Security Gate
Levels: Three Or More
Lot Info
Lot Size Source: Other
Zoning: R20
Lot Features: Cleared, Farm, Level, Private
Lot Size: 483516
Zoning Description: Developed/Zoned Agriculture
Misc
Property Attached: No
Home Warranty: No
Other
Other Structures: Barn(s),Stable(s),Storage,Other
Property Info
Year Built: 1,986
Property Condition: Resale
Property Type: Land
Style: Country, European, Traditional
Possible Use: Agricultural, Farm, Horses, Multi-Family, Residential, Subdevelopment, Other
Rental Info
Land Lease: No
Room Info
Room Master Bathroom Features: Double Vanity,Separate Tub/Shower,Soaking Tub
Special Features
Special Listing Conditions: None
Special Circumstances: None
Tax Info
Tax Amount Annual: 30919
Tax Year: 2,022
Tax Parcel Letter: 16-0626-0-008-0
Utilities / Hvac
Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
Waterfront / Water
Water Body Name: None
Waterfront Features: None
Directions
75 N to exit 267A (Canton/Hwy 5). Right onto Sandy Plains. Right onto Post Oak Tritt. Right into Vermillion subdivision (Across from Mt. Bethel Christian Academy) to Alston. Right onto Gelding Lane then right on Gelding Ct. You go through the cul-de-sac and then will see the private gate for Pen Oak Farm. Go all the way until the end.Listing Provided courtesy of Atlanta Communities