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$ 1,500,000
Est. payment /mo
Active
0 Misty Grove LN Eatonton, GA 31024
2,818,332 SqFt
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
Square Footage 2,818,332 sqft
Price per Sqft $0
Subdivision Misty Grove
MLS Listing ID CL362414
HOA Y/N No
Lot Size 64.700 Acres
Acres 64.7
Property Sub-Type Land
Source SAV
Property Description
Misty Grove | Lake Oconee Area 132 Lot SFR Development Tract w/ Sewer! At $11,364 per lot (raw), this one is certainly worth a look.
Offering includes approximately 64.94 acres and 132 remaining residential lot opportunities consisting of 1 vacant developed lot in Phase 1, 32 fully engineered Phase 2 lots currently submitted for approval, and 99 future Phase 3 lots shown on the approved master concept plan. The original multi-phase concept was approved with the 2008 rezoning. Phase 1 is fully developed with homes built and sold on 51 of 52 lots, providing proven neighborhood acceptance and direct resale history. Most Phase 1 homes were constructed from 2019-2022. The last new home sold in 2022 for $240,000, with subsequent neighborhood resales ranging from approximately $254,000-$299,000.
A recent 5-mile market study of single-family homes priced from $200,000-$400,000 shows 67 closed sales during the prior 12 months, with a $352,145 median sale price, approximately $175/SF median sale price and 44 median days on market.
The property is zoned RM-3 with a 1,000 SF minimum home size. Phase 2 lots average approximately 0.23 acre. Water and sewer are served by Piedmont, power by Tri-County EMC, and high-speed internet options include Sparklight fiber and AT&T Air.
Misty Grove offers an attainable new-home opportunity minutes from Lake Oconee, Sugar Creek Marina, golf, restaurants, shopping and Lake Oconee Village/Publix. The anticipated target for new detached homes is approximately $285,000-$350,000, a price point within the broader Lake Oconee market that is in high demand.
Full civil plans, preliminary plat, concept plan, aerial overlays and due diligence package available upon request.
Offering includes approximately 64.94 acres and 132 remaining residential lot opportunities consisting of 1 vacant developed lot in Phase 1, 32 fully engineered Phase 2 lots currently submitted for approval, and 99 future Phase 3 lots shown on the approved master concept plan. The original multi-phase concept was approved with the 2008 rezoning. Phase 1 is fully developed with homes built and sold on 51 of 52 lots, providing proven neighborhood acceptance and direct resale history. Most Phase 1 homes were constructed from 2019-2022. The last new home sold in 2022 for $240,000, with subsequent neighborhood resales ranging from approximately $254,000-$299,000.
A recent 5-mile market study of single-family homes priced from $200,000-$400,000 shows 67 closed sales during the prior 12 months, with a $352,145 median sale price, approximately $175/SF median sale price and 44 median days on market.
The property is zoned RM-3 with a 1,000 SF minimum home size. Phase 2 lots average approximately 0.23 acre. Water and sewer are served by Piedmont, power by Tri-County EMC, and high-speed internet options include Sparklight fiber and AT&T Air.
Misty Grove offers an attainable new-home opportunity minutes from Lake Oconee, Sugar Creek Marina, golf, restaurants, shopping and Lake Oconee Village/Publix. The anticipated target for new detached homes is approximately $285,000-$350,000, a price point within the broader Lake Oconee market that is in high demand.
Full civil plans, preliminary plat, concept plan, aerial overlays and due diligence package available upon request.
Location
State GA
County Putnam
Community Misty Grove
Direction Directions From Harmony Road, turn onto Misty Grove Lane.
Exterior
Utilities Available Sewer Not Available
View Panoramic
Present Use Other
Building
Water None
Structure Type Other
Others
Tax ID 098 004
Acceptable Financing Other
Listing Terms Other
Special Listing Condition Standard
Virtual Tour https://www.propertypanorama.com/instaview/sav/CL362414
Listed by Michael Healy • Woodall Realty Group