5635 Lake Forrest Dr., Atlanta, GA 30342

5635 Lake Forrest Dr., Atlanta, GA 30342
Photo 1 of 72
$1,595,000
Beds Baths Sq. Ft. Taxes Built
3 2.00 0 $8,300 1940
On the market: 97 days
Other active MLS# for this property: 7455073

Est. Monthly Payment:

$9,813($9,121 + $692 taxes*)

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View full details, 15 photos, school info, and price history
Sandy Springs Development Opportunity!!! Calling all experienced developers and builders seeking to build a multi-million dollar estate home or townhomes. This lot offers approximately 3.16 acres of sloping terrain, an assortment of gorgeous mature trees, a working well for land irrigation and 2 pedestrian bridges over the serene stream that runs near the rear of the property. Current zoning is RE-2 which allows for 1 estate home with 25% max lot coverage. Lot frontage is approx. 210ft, lot depth is 621ft and 623ft, rear lot length is 219ft. The property has a ranch home built in 1940 in great condition offering an option to hold and build later. Estate homes in the area have sold for over 7 million and the last new construction town home community sold out this year, from 700s to over 1 million. Wondering where is your next project, you found it! Perfect location and time to develop in Sandy Springs. The City of Sandy Springs has over 950 acres of parks and natural areas with 2 parks in walking distance from this home site. The property is only a bike ride away from the new modern City Springs/Sandy Springs City Hall offering locals and visitors a vibrant place to play. The City Springs offers Sandy Springs Performing Arts Center, a programmable City Green area great for concerts and community events, fountains for kids to enjoy and a variety of delicious dining options. Minutes away from excellent public and private schools, dining, retail shopping, Downtown Atlanta and centrally located with direct access to I-285 and 400.
Listing courtesy of Renee Giles, Berkshire Hathaway HomeServices Georgia Properties