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$1,595,000

Beds
3
Baths
2.0
sq ft
2,181

5635 Lake Forrest Dr, Atlanta, GA 30342

5635 Lake Forrest Dr

Atlanta, GA 30342

  • 71 days on market
Sandy Springs Development Opportunity!!! Calling all experienced developers and builders seeking to build a multi-million dollar estate home or townhomes. This lot offers approximately 3.16 acres of sloping terrain, an assortment of gorgeous mature trees, a working well for land irrigation and 2 pedestrian bridges over the serene stream that runs near the rear of the property. Current zoning is RE-2 which allows for 1 estate home with 25% max lot coverage. Lot frontage is approx. 210ft, lot depth is 621ft and 623ft, rear lot length is 219ft. The property has a ranch home built in 1940 in great condition offering an option to hold and build later. Estate homes in the area have sold for over 7 million and the last new construction town home community sold out this year, from 700s to over 1 million. Wondering where is your next project, you found it! Perfect location and time to develop in Sandy Springs. The City of Sandy Springs has over 950 acres of parks and natural areas with 2 parks in walking distance from this home site. The property is only a bike ride away from the new modern City Springs/Sandy Springs City Hall offering locals and visitors a vibrant place to play. The City Springs offers Sandy Springs Performing Arts Center, a programmable City Green area great for concerts and community events, fountains for kids to enjoy and a variety of delicious dining options. Minutes away from excellent public and private schools, dining, retail shopping, Downtown Atlanta and centrally located with direct access to I-285 and 400.

Details

Property type

Single Family Residence

Lot size

3.16 acres

Price per sq ft

$732

Year built

1940

Annual property taxes

$8,300

HOA

No

Price History

09/12/2024
FMLS

FMLS #7455031

Listed
$1,595,000

Schools & Community

Elementary school: 

Heards Ferry

Middle school: 

Ridgeview Charter

High school: 

Riverwood International Charter

Community features: 

Park, Playground, Street Lights, Tennis Court(s), Restaurant

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Status: Active

Tomo last checked: 11/22/2024 at 4:25 PM

Listing updated: 10/27/2024 at 11:35 AM

Listed by: Renee Giles, Berkshire Hathaway HomeServices Georgia Properties Phone #: (404) 266-8100

MLS: FMLS #7455031

FMLS logo

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