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$7,900,000

Beds
4
Baths
5.5
sq ft
4,549

150 Cadence Way, Blue Ridge, GA 30513

150 Cadence Way

Blue Ridge, GA 30513

  • 65 days on market
The property totals 388+/- acres with a breakdown of 45 acres in pasture, 78 acres in developed lots (34) available lots, 13 acres of potential lots (7) lots, and 246.5 acres of wooded forest land (202 acres of wooded forest land for Phase II of the development, and the remaining 33.5 acres of wooded common areas around the barn and pastures). There are over 8,000 linear feet of paved roads within the property which makes up 5.5 acres. The 4,659-square-foot home was built in 2008. It has 4 bedrooms and 3.5 bathrooms. Pinewood floors and full basement. There are breathtaking views of the mountains and you can enjoy the fresh mountain air on the deck with outdoor fireplace. This is mountain living at its finest. The barn is the prominent building on-site with oak trees lining the entry coming into the property. As you can see from the main entrance, the barn immediately captures your attention. On either side of the barn, there are horse paddocks with a beautiful meadow and a branch of Richie Creek on the west side and rail fencing along the other boundary prior to Lebanon Road access. There are 31 lots available that are all over 1.5 acres and have power and cable services to each lot. Phase II of the property is made up of 202 acres and is ready for a creative owner to develop their dream estate. Richie Creek bisects the property with Phase I to the East and Phase II to the West. 3,712 feet of road frontage on Lebanon Rd and 285 feet of road frontage on Colwell Road. Location 100 miles from metro Atlanta, GA 6 miles from downtown Blue Ridge, GA 4 miles from McCaysville, GA House 4,659 Square Feet Built in 2008 3 full bathrooms 1 half bathroom 4 bedrooms Main Barn Built-in 2007 19,200 square foot barn 22,400 square foot fully covered arena 19 horse stalls 1 foaling stall 1 farrier stall 2 wash bays A veterinarian room A tool room A tack room A full industrial kitchen A two-bedroom apartment, 6 baths A viewing room 2 laundry rooms Main floor lobby atrium and two offices Other Buildings: 8,750 square foot storage barn 2,600 square foot utility shed The potential and opportunities are endless. This could be an investment with the development potential or simply a grand estate for North Georgia living or the family getaway for weekends and holidays. A must-see property! Can also be sold with listing #10355043. 98 S Saddleback Trail, Blue Ridge, GA! This stunning 6,975 sq. ft. home offers breathtaking mountain views, a partially finished 2,790 sq. ft. basement with plumbing, HVAC, and electrical, and 3 cozy stone fireplaces. The property includes a horse barn, workshop, and two additional parcels, totaling 9.38 acres. Perfectly fenced and cross-fenced for animals, this property is a haven for outdoor enthusiasts.

Details

Property type

Cabin

Property condition

Updated/Remodeled

Lot size

403.00 acres

Price per sq ft

$1,737

Year built

2008

Annual property taxes

$1,817,029

Price History

09/19/2024
GeorgiaMLS

GeorgiaMLS #10381097

Listed
$7,900,000

Schools & Community

Elementary school: 

Blue Ridge

Middle school: 

Fannin County

High school: 

Fannin County

Community features: 

Gated, Stable(s)

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Wachovia Bank Na

Loan start date

March 2007

Original loan amount

$11,563,500

Est. remaining balance

Not provided

Interest rate

6.23%

Loan type

Commercial, 2 year

Seller

Creation Land Developers I New

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 11/23/2024 at 6:35 AM

Listing updated: 10/04/2024 at 1:11 AM

Listed by: Shan Morris, Wildmor Advisors

MLS: GeorgiaMLS #10381097

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