$8,300,000
SOLD NOV 7, 2024

0 Heardmont Trace Rd Unit 20106124 Cumming, GA 30028

115.31 Acres
$71,980 Price per Acre
5,022,904 Sq Ft Lot

Recently Sold

17% Below List Price

192 Days on Market

Highlights

  • 115.31 Acre Lot
  • No HOA
  • Level Lot
  • Matt Elementary School Rated A
  • Pasture

About This Lot

As of November 2024

PROPERTY OVERVIEW The Norton Commercial Group is proud to present this beautiful 115.31 +/- Acre development tract known as Heardmont Farms to the market. Heardmont Farms was originally developed in 1996 as 16 estate lots (1-5 acres) with high end homes (4,000-11,000 SF) each valued at $700,000 to $1,000,000+. The topography is level to gently rolling allowing for serene views of Sawnee Mountain while deep in the heart of the newly emerging city center of Matt, Forsyth County, GA. The site is made up of about 78 acres of pasture land and about 37 wooded acres. There is roughly 2,200 feet of frontage along Settingdown Creek. Baker's Creek bisects the property making for excellent open space and adding to the parklike feel that Heardmont Farms provides. The subject property has all utilities in place including public water and sanitary sewer with 11 total manhole locations along both Settingdown Creek and Baker's Creek. A portion of the property is zoned R1R and a portion is zoned A1. Seller is willing to sell property subject to rezoning. LOCATION OVERVIEW The subject property is located in North Forsyth County which has some of the best schools in the entire state: NFHS - Top 15% , Liberty MS - Top 13% and Matt ES - Top 17% in the state of Georgia. This property is the best of both worlds as it is just 45 minutes to Atlanta, 20 minutes to the North GA Mountains and 5 minutes to Lake Lanier. GREAT LOCATION! Publix has completed new location just 0.5 miles down the road and residential development is in full swing all around. This is truly the next property to be developed as Forsyth County and the immediate area continues to be the best new home location in Greater Atlanta! Site is a direct 4 miles or 8 minutes from Georgia Highway 400 with no turns.

Last Agent to Sell the Property

Stephen Lovett

Norton Commercial Acreage Group License #320687 Listed on: 02/27/2023

Norton Commercial Acreage Group

Last Buyer's Agent

Stephen Lovett

Norton Commercial Acreage Group License #320687 Listed on: 02/27/2023

Norton Commercial Acreage Group

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,371

Lot Details

  • 115.31 Acre Lot
  • Level Lot

Schools

  • Matt Elementary School
  • Liberty Middle School
  • North Forsyth High School

Farming

  • Pasture

Community Details

  • No Home Owners Association

Property Details

Property Type

Land

Est. Annual Taxes

$1,371

Lot Details

0

Listing Details

  • Property Type: Land
  • Financing Type: Cash
  • Lot Size Acres: 115.31
  • Property Sub-Type: Residential Lot
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 86722.7

Exterior Features

  • Lot Features: Level, Pasture

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Schools

  • Elementary School: Matt
  • High School: North Forsyth
  • Middle School: Liberty
  • Elementary School: Matt
  • Middle School: Liberty
  • High School: North Forsyth

Tax Info

  • Year: 2022
  • Tax Annual Amount: 1370.55

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/07/2024 11/07/24 Sold $8,300,000 -17.0% --
09/07/2023 09/07/23 Pending -- -- --
02/27/2023 02/27/23 For Sale $10,000,000 -- --
Source: Georgia MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 20106124

Georgia MLS