NOT LISTED FOR SALE

0 Lake Arrowhead Dr Unit 20000046 Waleska, GA 30183

297 Acres
-- Price per Acre
12,937,320 Sq Ft Lot

Last Sold May 05, 2022

Last sale price $1,150,000

Highlights

  • Marina
  • Active Adult
  • Gated Community
  • Golf Course Community
  • RV or Boat Storage in Community
  • 297 Acre Lot

About This Lot

As of May 2022

PROPERTY OVERVIEW The Norton Commercial Group is proud to present this rare opportunity to purchase a large sewer lot position in one of Georgia's fastest growing counties. This sale consists of 297 partially developed lots in Cherokee County's Lake Arrowhead Gated Community. This community has it all including the beautiful 540-acre lake with depths of over 80 feet and miles of scenic hiking trails. Enjoy Highlands Course, a complete 18-hole golf course which has been named Best Golf Course in Cherokee County by Life Magazine. See the Amenity Page below for a full breakdown of all amenities on offer. All utilities are underground and lots will be on Lake Arrowhead's private water and sewer systems. 2021 saw 72 home resales at an average price of $395,454 and 87 new homes sold at an average of $350,000. Minimum SF requirements vary based on phase and section of the community. The Community boasts more than 2,600 developed lots and 750 planned future lots. This is a great opportunity for an investor to buy and hold, with minimal holding costs, or a builder to start building right away! Seller encourages all offers! (6 of original 303 total lots have been removed from package.) LOCATION OVERVIEW This package of 297 partially developed lots is all within the Lake Arrowhead master planned community in the rolling hills of northern Cherokee County, one of the fastest growing counties in the state. Sitting on over 8,000 acres in the foothills of the beautiful Blue Ridge Mountains, this pristine, gated community is ideally situated just 40 minutes north of Atlanta's I-285 and just 4 miles outside the charming historic town of Waleska, Georgia. In the R M Moore ES, Teasley MS, and Cherokee HS districts. LAKE ARROWHEAD AMENITY OVERVIEW * 24-hour gated access * 540-acre freshwater lake * Marina offering boat rentals and sailing lessons * The Highlands Course, an 18-hole championship golf course with practice facilities and a 10,000 sq. ft. clubhouse with indoor and outdoor dining. * 40-acre Great Festival Park with Junior-Olympic-size pool, basketball, volleyball, batting cages, playground, pavilion, tumble hill, and post office * Red Cloud Park with swim and tennis facilities * 8+ miles of hiking/ jogging trails * Dry boat storage * Fishing * Fitness classes * Year-round activities * Community library * One of the top Retirement and Active Adult Communities in Georgia AMENITY OVERVIEW Nestled amidst the foothills of the Blue Ridge Mountains, in Waleska, GA, Lake Arrowhead offers serene natural beauty, a host of world-class amenities, and a quality of life that is unlike any other community. Here, great care is being taken to preserve the natural beauty and ecological balance of this unusually pristine residential setting.

Last Agent to Sell the Property

Stephen Lovett

Norton Commercial Acreage Group License #320687 Listed on: 11/11/2021

Norton Commercial Acreage Group

Co-Listed By

Matt McCord

Norton Commercial Acreage Group License #272197

Last Buyer's Agent

Stephen Lovett

Norton Commercial Acreage Group License #320687 Listed on: 11/11/2021

Norton Commercial Acreage Group

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $10,361

Lot Details

  • 297 Acre Lot
  • 297 Lots in the community

Schools

  • R M Moore Elementary School
  • Teasley Middle School
  • Cherokee High School

Utilities

  • Underground Utilities
  • Private Water Source
  • Private Sewer
  • Phone Available
  • Cable TV Available

Community Details

Overview

  • Active Adult
  • Property has a Home Owners Association
  • Lake Arrowhead Subdivision
  • Community Lake

Recreation

  • RV or Boat Storage in Community
  • Marina
  • Golf Course Community
  • Community Playground
  • Community Pool
  • Park

Additional Features

  • Clubhouse
  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$10,361

Lot Details

0

Listing Details

  • Property Type: Land
  • Co List Office: NCAG01
  • Financing Type: Cash
  • Lot Size Acres: 297.00
  • Property Sub-Type: Residential Lot
  • Road Surface Type: Paved
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 3872.05
  • Possible Use: Residential

Exterior Features

  • Lot Features: Curb, Other

Utilities

  • Sewer: Private Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Phone Available, Underground Utilities, Water Available
  • Water Source: Private

Condo/Co-op/Association

  • Association: Yes
  • Community Features: Boat/Camper/Van Prkg, Clubhouse, Gated, Golf, Lake, Marina, Park, Playground, Pool, Retirement Community, Sidewalks, Street Lights

Schools

  • Elementary School: R M Moore
  • High School: Cherokee
  • Middle School: Teasley
  • Elementary School: R M Moore
  • Middle School: Teasley
  • High School: Cherokee

Lot Info

  • Total Lots: 297
  • CurrentUse: Agricultural, Subdivision

Tax Info

  • Year: 2019
  • Tax Annual Amount: 10361

Range of Values:

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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 List to Sale Price per Sq Ft
05/05/2022 05/05/22 Sold $1,150,000 -11.5% --
11/11/2021 11/11/21 For Sale $1,300,000 -- --
11/08/2021 11/08/21 Pending -- -- --
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: 20000046

Georgia MLS