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2585 Gelding Court NE, Marietta, GA 30062

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For Sale

$4,395,000

7 beds • 5 baths • 1 half baths

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Single Family Detached
    Property type

  • 31-40 Years Old
    Age

Explore this Property

PRIME DEVELOPMENT OPPORTUNITY- 11.76 Acres of POSSIBILITY. Finally, an exceptional opportunity to own the LARGEST SINGLE PARCEL of land ZONED R20 to be sold in the heart of E. Cobb in recent memory! This one-of-a-kind sprawling 11.759 acre canvas can be subdivided or developed for even more possibilities. As a matter of fact, a lot of the leg work for development has been initiated and lined up for the LDP (details available upon request). Even more possibilities to expand acreage to create an even larger subdivision. With adequate sewer and water lines and ease of access to utilities, coupled with a $72 million-dollar high school renovation/replacement project further increasing its long term value, now is the time to capitalize on this rare opportunity to build your dream neighborhood. You can either keep the house as a community clubhouse or sell independently. Currently this already-cleared acreage hosts 5 paddocks and an on-site 220' x 125' irrigated arena with all-weather footing and sound system; along with an 8-stall "show" barn complete with 2 wash racks, tack room, feed room, hay storage, charming pub, office and barn apartment with kitchenette and plenty of space for trailer/equipment. If horses aren't your thing, enjoy endless possibilities by converting the barn into a separate house for multigenerational living; event venue; recreation retreat; warehouse; storage for the car or toy collector in you. Since the house is located toward the very back of the property and its zoned R20, the opportunity to use the rest of the land for your heart's desire is now easier than ever. Located in top-tier E. Cobb schools, 9 miles to Braves stadium, near shopping, dining, entertainment and more, yet offering a sense of freedom and unparalleled privacy, security and seclusion from the bustle of city life without sacrificing location. You must experience this in person, but until then see the epic preview via YouTube and look up: "The Manor at Pen Oak by Winter Baserva"
MLS# 7389510

Courtesy Of Atlanta Communities Real Estate Brokerage

(770) 637-5070

Property Features

  • Age
    31-40 Years Old
  • Amenities
    Dock
  • Architecture Style
    New Traditional
  • Lot Size
    11.76 Acres

Map and Directions

Directions to 2585 Gelding Court NE, Marietta, GA 30062

Home seller CENTURY 21 Results

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Results

(770) 889-6090
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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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