Active

13340 New Providence Road

Milton GA, 30004

$5,800,000


$2.45 per sqft

Active

4 Beds

4 Baths

54.3 Acres

Land

Built in 1966

Approximately 54 acres, zoned AG-1, located in prestigious Milton with over 1000ft of road frontage on New Providence Rd. Hunter's and fisherman's dream.
One of the last parcel of this size in the area. The 54 acres is comprised of two parcels; 22-3550-0997-040-3 and 22-3550-0997-041-1. Income producing: Cell tower month-to-month lease agreement included in sale. Many possibilities of use... Perfect for 1031 exchange. Buy and hold and let the income from the cell tower pay for taxes and with some, upgrading of the house, additional income can be generated from renting the house. An additional 17 acres(FMLS#7158177) can be assembled with this property bringing the total acreage to 71 acres.

ATTN: DEVELOPERS/BUILDERS No rezoning needed to build 1 acre minimum lots. Estate homes in area selling for approximately $2M+. Best future use is single detached luxury residential redevelopment. Income producing: Cell tower lease agreement included in sale.


Zoned AG-1, which in Milton mandates that each lot must be at least 1 acre. Milton development proposals that comply with AG-1 zoning standards are permitted "by-right" and cannot be rejected if they meet all the necessary requirements. Development incentives are available with some relief to standard subdivision regulations for lots 3 acres and greater. Income producing: Cell tower lease agreement included in sale.

Terrain: rolling, wooded, creek, pond. Livable 1968 4BR 3.5BA ranch home on an unfinished basement on property(price does not give value to home). The home on property has great bones and would make a great rental, renovation project or live in it while you build your dream home in area of Million $+ homes. Convenient to Hwy 400, Halcyon, Avalon, Alpharetta City Center and Crabapple Community. Can also be used for recreation; hunting, fishing, trails throughout

Milton is accessible from Georgia 400, which runs southeast of the City limits, and multiple major highways cross through the city, including Highway 9 / Deerfield Road, State Route 372 / Birmingham Highway, and State Route 140 / Arnold Mill Road.

**APPOINTMENT REQUIRED to walk property. Please do not walk property without making an appointment with Listing agent.**

7183461

MLS ID

March 10, 2023

Listed

June 26, 2024

Updated

Map

13340 New Providence Road
Milton GA, 30004

Exterior/Building Features

Lot Size

54.3 Acres


Lot Features

Creek On Lot, Flood Plain, Lake On Lot, Pond on Lot, Private


Architectual Style

Ranch

School Information

High School

Milton - Fulton


Elementary School

Summit Hill

Other Property Details

Taxes

$18,848


Tax Frequency

Annually


Days on Market

377


Garage

No


View

Yes


View Description

Rural, Trees/Woods


County

Fulton - GA


Pool

No


Waterfront

Yes


Lakefront

Yes


Zoning

AG-1


Buyer Agency Compensation

3%

Listing History

Date

Event

Price

11/16/2023

Active

10/13/2023

Under Contract

10/10/2023

Price Change

$5,800,000

3%

Listed by Charlene Mariani with Virtual Properties Realty.com 770-495-5050

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