928 Grayson New Hope Road

Description

Do not miss this rare opportunity to purchase one of Gwinnett County's greatest and oldest family estates. Property is offered for sale for the first time ever! This extraordinary 42 +/- acres of pristine land is not only breathtakingly beautiful, it is also perfect for any investor, developer, home builder, family compound or private estate because of the topography. It is comprised of 5 parcels (R5200-033, R5217-038, R5217-011, R5217-094 and R5217-026). Each parcel contains a residential dwelling, with 4 out of the 5 dwellings being income producing! Owner may consider subdividing Parcel #'s (R5217-038 and R5217-094) total 8.99 +/- acres, leaving 33.01 +/- acres for another development. The primary dwelling is a very solid, custom built brick ranch home with an unfinished basement, which could easily be converted into a club house while you develop a neighborhood around it.Current zoning is Residential/Agricultural, but could easily be rezoned. Commercial & office zoning are 1/4 miles of this property, there is also major residential development in the area that range $550K & up. Lots of road frontage with all utilities already in place. Conveniently located on Grayson New Hope Rd, close to Sugarloaf Pkwy, Hwy 316, walking distance to Tribble Mill Park, close to Downtown Grayson, Downtown Lawrenceville and in Archer High School District.