This beautiful and secluded 7 acre parcel has easy access that the newly expanded Georgia Highway 53 affords to Gainesville and to Forsyth County. It is on deepwater and near the end of a quiet road. It is the perfect location for seniors that want to get away to relax yet still be close to all that the big city of Atlanta affords and the tranquility of the North Georgia Mountains.
This parcel has been approved for 7 individual homesites (all about an acre) priced at $171,429 a piece. Recently, the owners decided that they would accept contracts subject-to-rezoning to allow a senior-only development on this parcel too. Preliminary discussions have begun with Hall County in this regard with the result being that the parcel could contain up to 48 units within a maximum of a 3 story building(s). The price for these would be $25,000 per unit raw for a total of $1,200,000. Normal turnaround for rezoning in Hall County is 60 days. It really is a beautiful place.
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