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Property is now subject to probate process to be completed in order to complete a sell. This once in a lifetime, exceptional opportunity near Lake Burton presents an exciting redevelopment rehab prospect for the lucky investor or creative buyer who's able to get their name on the deed! Owned by the same family for decades, it's surrounded by high value homes and is an excellent foundation for future growth and development. Parcels include a multiple number of rehab-able structures. Live in and rehab the others for future passive income for the rest of your life as you create your ABnB kingdom! House #1, built in 1985, is tenant occupied and needs TLC. DO NOT DISTURB TENANT! House #2, built in 1986, is a solid A-frame cabin needing interior clean up TLC and a new front deck. House #3, built in 1995, is a solid log cabin needing finished / rehab. House #4 is a livable cabin with loft. Included in this sale is a commercial zoned parcel which consists of a 3 room motel building, and Structure #5 is a 3,831 sq ft (under roof) commercially zoned former general store/restaurant/gas station/garage building. Commercial building is phenomenally located in a high traffic tourist area with plenty of great road frontage on St Hwy 197 North. Don't miss the redevelopment chance to transform this into a profitable venture or the home of your dreams! All agents and buyers MUST sign Hold Harmless document prior to scheduling an appointment. No blind offers. Sold AS IS w/ no seller repairs. Any inspections performed are for buyer information only. Conveniently located in the North Georgia Mountains near Lake Burton with outdoor nature activities, wineries, shopping and a variety of restaurants in nearby Helen and Clayton. Owners may consider separate sale of parcels. YouTube videos available! NO OWNER FINANCING AVAILABLE!!!
2 months ago | Listing updated with changes from the MLS® | |
5 months ago | Status changed to Active | |
5 months ago | Price changed to $510,000 | |
10 months ago | Listing first seen on site |
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