5401 Eatonton Hwy

Estimated Monthly Payment: $3,511/mo 5401 Eatonton Hwy, Madison, GA 30650 MLS# 968499 Farm Listing Status: Active
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REMARKS:

The land is priced per acre for 148 acres, we can not sell less than 148 acres. . 7 miles to I-20, 5 miles to Madison lakes, 4 miles to Rock Eagle. Aprox. 2000 ft. of road frontage, 23 acres of Hay Field and 125 acres of Forest, Most in Deep Hardwoods. Two Strong springs originate on the property, 1 pond aprox. one acre at the rear of the property. An additional lake site. Springs from the head waters of Glades Creek. There is an existing 1800's home on the property, an old milking barn & other out buildings. There are leases on the Hay field and a Hunting lease for the wooded areas. This property is almost a perfect rectangle, ideal for development, located very close to Lake Oconee. Potential for Master Planned Development of mixed use. Currently 3 lanes on Hwy 441 pass the property with a 4th anticipated in the future. This would make an ideal hunting retreat for a group of investors with future development in mind. Think 1031 Exchange!! Agent or owner will need to be present for showings due to existing leases. LOW LOW Taxes Currently, due to land conservation program. The Hunting Lease has been with the same individual for over 20 years, trails cut and maintained, food plots and plenty of game. $5500/acre

OVERVIEW:

Farm
22 Morgan
148.80
Rolling
None
Space Heater, Propane Gas
Drilled Well
Septic Tank

FEATURES:

Drought Resistant Landscaping, None

SCHOOLS:

Morgan County
Morgan County
Morgan County

FINANCIAL:

$769,900

NEIGHBORHOOD & SCHOOL INFORMATION:

Broker Reciprocity Courtesy of Greater Athens Properties

 

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