563 CRAIG GAP ROAD, BLAIRSVILLE GA 30512BLAIRSVILLE, GA $395,000

Property Description

Dreaming of owning a slice of paradise in the North Georgia mountains? Look no further than this stunning property in the Choestoe Valley, where you can build your own custom cabins and enjoy the natural beauty and tranquility of the area. This property is ready for construction, with the foundation prepped, the plans approved by the county, and a builder on retainer to begin work if you choose to continue with the current builder. The property has been approved for three units: one 2-bedroom 2-bathroom modern cabin with a loft at 1500 square feet and two Nordic style micro cabins 1 bedroom 1 bathroom with a full kitchen. All sites have a gorgeous mountain view. Full architectural plans are available after due diligence and convey with the property. Soil test has been completed. Survey has been completed. New well has been installed. Each unit has separate septic systems installed. New power pole has been installed. New gravel driveway has been installed. Grading and clearing have been completed. The property is a turn-key investment. The income potential for short term rental of all three units at a 65% occupancy rate is $260,964 per year. Full offering memorandum available in documents. Property has potential to build an additional 3 units to maximize cap rate. Perfect for a family compound or short-term rental business. The property is located in the Choestoe Valley, abundant with wildlife, and right on the 6 Gap 100 mile cycling route. You will never run out of things to do and see, with easy access to the Appalachian Trail, several waterfalls, Brasstown Bald, Vogel State Park, Paradise Vineyards, Living Water Winery, Kaya Vineyard, Lake Nottely, Lake Blue Ridge, downtown Blairsville, downtown Blue Ridge, and Helen Georgia. All within 10-40 minutes from the property. Don't miss this rare opportunity to own a piece of heaven in the North Georgia mountains. Schedule a showing today and see for yourself why this property is a dream come true.

Details

  • MLS #: 401179
  • Price: $395,000
  • Acreage: 10.10
  • Frontage: Road
  • View: Mountain(s), Year Round
  • Road Surface: Paved
  • Sewer: Septic Tank

Listing courtesy of Atlanta Communities - Woodstock

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