2585 Gelding Court CT NE Active Save Request In-Person Tour Request Virtual Tour
Marietta,GA 30062
Key Details
Property Type Vacant Land
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Subdivision Pen Oak Farm ~ 11.759 Acres
MLS Listing ID 7389510
Style Country,European,Traditional
Bedrooms 7
Full Baths 5
Half Baths 1
Year Built 1986
Annual Tax Amount $30,919
Tax Year 2022
Lot Size 11.759 Acres
Property Description
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"
Location
State GA
County Cobb
Zoning R20
Rooms
Other Rooms Barn(s),Stable(s),Storage,Other
Exterior
Fence Back Yard,Front Yard
Community Features None
Utilities Available Cable Available,Electricity Available,Natural Gas Available,Phone Available,Sewer Available,Water Available
Waterfront Description None
View Pool,Trees/Woods,Water
Building
Lot Description Cleared,Farm,Level,Private
Story Three Or More
New Construction No
Schools
Elementary Schools Mountain View - Cobb
Middle Schools Simpson
High Schools Sprayberry
Others
Acceptable Financing 1031 Exchange,Cash,Conventional,VA Loan
Listing Terms 1031 Exchange,Cash,Conventional,VA Loan
Special Listing Condition None