$995,000
5405 Oak Grove Circle, Cumming GA 30028
Cumming, GA, 30028
4 bd · 4 ba · 3,491 sq ft
Listing Courtesy of: WePartner Realty, LLC
About this home
*** 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.
- Property type
- Single Family Residence
- Year built
- 2003
- Lot size
- 7 ac
- Annual tax
- $5,375
- MLS #
- 10829032
Recently sold
These are past sales of other homes, not an estimate of this home’s value.
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