Active
13340 New Providence Road
Alpharetta GA, 30004
$5,800,000
$2.45 per sqft
Active
4 Beds
4 Baths
54.3 Acres
Land
Built in 1966
Approximately 54 acres, zoned AG-1, located in prestigious Milton with over 1000ft of road frontage on New Providence Rd. Hunter's and fisherman's dream.
One of the last parcel of this size in the area. The 54 acres is comprised of two parcels; 22-3550-0997-040-3 and 22-3550-0997-041-1. Income producing: Cell tower month-to-month lease agreement included in sale. Many possibilities of use... Perfect for 1031 exchange. Buy and hold and let the income from the cell tower pay for taxes and with some, upgrading of the house, additional income can be generated from renting the house. An additional 17 acres(FMLS#7158177) can be assembled with this property bringing the total acreage to 71 acres.
ATTN: DEVELOPERS/BUILDERS No rezoning needed to build 1 acre minimum lots. Estate homes in area selling for approximately $2M+. Best future use is single detached luxury residential redevelopment. Income producing: Cell tower lease agreement included in sale.
Zoned AG-1, which in Milton mandates that each lot must be at least 1 acre. Milton development proposals that comply with AG-1 zoning standards are permitted "by-right" and cannot be rejected if they meet all the necessary requirements. Development incentives are available with some relief to standard subdivision regulations for lots 3 acres and greater. Income producing: Cell tower lease agreement included in sale.
Terrain: rolling, wooded, creek, pond. Livable 1968 4BR 3.5BA ranch home on an unfinished basement on property(price does not give value to home). The home on property has great bones and would make a great rental, renovation project or live in it while you build your dream home in area of Million $+ homes. Convenient to Hwy 400, Halcyon, Avalon, Alpharetta City Center and Crabapple Community. Can also be used for recreation; hunting, fishing, trails throughout
Milton is accessible from Georgia 400, which runs southeast of the City limits, and multiple major highways cross through the city, including Highway 9 / Deerfield Road, State Route 372 / Birmingham Highway, and State Route 140 / Arnold Mill Road.
**APPOINTMENT REQUIRED to walk property. Please do not walk property without making an appointment with Listing agent.**
7183461
MLSⓇ ID
March 10, 2023
Listed
October 14, 2024
Updated
Map
13340 New Providence Road
Alpharetta GA, 30004
Exterior/Building Features
Lot Size
54.3 Acres
Lot Features
Creek On Lot, Flood Plain, Lake On Lot, Pond on Lot, Private
Architectual Style
Ranch
School Information
High School
Milton - Fulton
Elementary School
Summit Hill
Other Property Details
Taxes
$18,848
Tax Frequency
Annually
Days on Market
509
Garage
No
View
Yes
View Description
Rural, Trees/Woods
County
Fulton - GA
Pool
No
Waterfront
Yes
Lakefront
Yes
Zoning
AG-1
Listing History
Date | Event | Price |
---|---|---|
11/16/2023 | Active | — |
10/13/2023 | Under contract | — |
10/10/2023 | Price change | $5,800,000 3% |
Listed by Charlene Mariani with Virtual Properties Realty.com 770-495-5050
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Data last updated 7:46 PM UTC, 10/14/2024