Active

2585 Gelding Court NE

Marietta GA, 30062

$4,395,000


$8.58 per sqft

Active

7 Beds

6 Baths

11.76 Acres

Land

Built in 1986

PRIME DEVELOPMENT OPPORTUNITY- 11.76 Acres of POSSIBILITY (plus potential to add additional acreage). 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 (LDP not submitted but reach out to agent for extensive due diligence package and details). 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"

7389510

MLS ID

May 20, 2024

Listed

November 21, 2024

Updated

Map

2585 Gelding Court NE
Marietta GA, 30062

Exterior/Building Features

Lot Size

11.76 Acres


Lot Features

Cleared, Farm, Level, Private


Architectual Style

Country, European, Traditional

School Information

High School

Sprayberry


Elementary School

Mountain View - Cobb

Other Property Details

Taxes

$30,919


Tax Frequency

Annually


Days on Market

84


Garage

No


View

Yes


View Description

Pool, Trees/Woods, Water


County

Cobb - GA


Pool

No


Zoning

R20

Listing History

Date

Event

Price

9/30/2024

Active

8/20/2024

Under contract

Listed by Winter Baserva with Atlanta Communities 770-637-5070

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