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$1,100,000

Beds
4
Baths
3.5
sq ft
Unknown

1570 Butler Bridge Rd, Covington, GA 30016

1570 Butler Bridge Rd

Covington, GA 30016

  • 17 days on market
Equestrian Estate on 37+ Acres! If you’ve been searching for a place where you can live, work, and play surrounded by nature and horses, this is it! This 37+ acre property with over 1,000 feet of river frontage on the South River is a breath of fresh air—literally. The main home, built in 2023, offers a modern, open floor plan with plenty of space for the family. The master suite is on the main level, and with 4 bedrooms and 3.5 baths total, there’s room for everyone. It’s comfortable, practical, and designed with today’s lifestyle in mind. For those with horses—or those who dream of having them—the guest house and barn combo is a game changer. With over 1,000 sq ft of living space (3 bedrooms, 1.5 baths, kitchen, living room, and more) plus 16 stalls attached, this setup is perfect for a horse trainer, extended family, or even rental income. The land is where the magic happens. Cross-fenced pastures, wooded trails, riverfront views, and even spots for hunting—you’ve got it all. Whether you want to ride, relax, or explore, there’s room to do it here. And with the property’s charm and layout, it could easily be transformed into a venue for events, weddings, or retreats. Best of all, this property is close to everything you need, but when you’re here, it feels like you’re miles away from the hustle. This is one of those places you have to see in person to fully appreciate!

Details

Property type

Single Family Residence

Est. home value

$611,866

Lot size

37.48 acres

Price per sq ft

Unknown

Year built

2022

Annual property taxes

$5,406

HOA

No

Price History

02/06/2025
FMLS

FMLS #7520944

Listed
$1,100,000
+214.29%
11/21/2019
FMLS

FMLS #6539684

Sold
$350,000

Schools & Community

Elementary school: 

Oak Hill

Middle school: 

Veterans Memorial - Newton

High school: 

Alcovy

Community features: 

None

Negotiation Insights

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

Seller could get up to

$411,869
Asking price
$1,100,000
Closing costs (~8% of asking)
-$88,000
Est. remaining loan balance
-$600,131
Cash to seller
$411,869

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Agsouth Farm Credit

Loan start date

January 2023

Original loan amount

$615,000

Est. remaining balance

$600,131

Interest rate

6.49%

Loan type

New Conventional, 30 year

Seller

Melanie A Cox and Joseph K Cox

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?

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Status: Active

Tomo last checked: 02/24/2025 at 6:20 AM

Listing updated: 02/11/2025 at 4:20 PM

Listed by: Jonathan Davis, Buford Realty Phone #: (770) 945-1052

MLS: FMLS #7520944

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