5405 Oak Grove Circle, Cumming, GA 30028

$995,000
4
BD
4
BA
3,491
SqFt

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List Price
$995,000
MLS#
10829032
Type
Single Family Residential
City
Cumming
County
Forsyth
Subdivision
NA
Bedrooms
4
Bathrooms
4
Living Area
3,491
Year Built
2003

Property Description

*** NICE RESIDENTIAL HOME, LAND & INVESTMENT OPPORTUNITY ALL IN ONE IN NORTH FORSYTH *** Situated on approximately 7 acres with A1 zoning and no HOA, this 4-bedroom, 3.5-bath residence offers approximately 3,545 square feet of living space, plus a partially finished full daylight basement featuring an additional bedroom, bathroom, and separate living area. br br The combination of an existing residence, substantial acreage, privacy, and a rapidly growing North Forsyth location provides investors with multiple potential strategies, including long-term rental income, multigenerational housing, renovation and value-add, a private estate, land banking, or potential future residential development. br br Preliminary conceptual planning includes multiple potential residential development layouts resulting in total unit counts of 5 - 9+. Under the current zoning classification, up to 4 additional units can be built utilizing individual septic systems. Possible for higher density concepts resulting in 9+ individual homes! Conveniently located near schools, shopping, dining, medical facilities, and major transportation routes, this is a rare opportunity to acquire meaningful acreage with existing improvements in one of Forsyth County's expanding residential corridors. Any subdivision, lot count, septic suitability, sewer availability or connection, additional construction, commercial use, rezoning, or development potential must be independently verified with Forsyth County and the appropriate utility providers regarding zoning requirements, soil conditions, utilities, access, engineering, permitting, and all required governmental approvals.

Additional Information

Elementary School
Silver City
High School
North Forsyth
Interior Features
High Ceilings, Master On Main Level
Style
Traditional
Parking
Parking Pad
Basement Type
Finished, Interior Entry, Unfinished
Stories
1.5 Stories
Fees Include
None
Tax Year
2023

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Calculator source: Real Geeks

Listing courtesy of WePartner Realty, LLC.

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