Crystal Ridge is a 76-acre development or investment property located approximately seven miles north of GA 20 on Cowart Road. This area is in the extreme Southwest corner of Dawson County near Cherokee and Forsyth Counties. The property is zoned R1 and is the only property in the area with density higher than three acres per lot. With all utilities available, this property is ready for initial development or would make an excellent buy and hold property for a 1031 exchange. A preliminary plat and some engineering have been put in place by the current owners including conceptual design plans and an enhanced level II soil test has been completed. The topography is gently rolling with a stream feature and is mostly wooded. Crystal Ridge is adjacent to Lathem Reservoir, which allows for non-motorized recreational boating and offers an attractive marketing advantage over many higher priced sub-divisions in northern Cherokee County. Affordable housing in this affluent market is non-existent and Crystal Ridge meets this need. At only $25,657 per acre, the numbers work for this development, as lots across the street are selling for $150,000.

Contact Darrell Chapman

404.876.1640

Darrell@BullRealty.com