$6,500,000
SOLD FEB 28, 2025

1550 Stoney Point Rd Cumming, GA 30041

Big Creek Neighborhood
35.72 Acres
$181,971 Price per Acre
1,555,963 Sq Ft Lot

Recently Sold

8% Above List Price

11 Days on Market

Highlights

  • 35.72 Acre Lot
  • Private Lot
  • High Speed Internet
  • Shiloh Point Elementary School Rated A
  • No HOA

About This Lot

As of February 2025

Rare opportunity! Not many pieces exist like this anymore in the South Forsyth area! A total of 35.72 acres located just a few minutes from GA 400 and surrounded by other single family developments. Conveniently located between Exit 12 (McFarland) and Exit 13 (Peachtree Pkwy) and in the Denmark HS district. This gorgeous property is ideal for single-family development and has the potential for a total of 40+/- acres if purchased along with 1560 Stoney Point Rd (4.34 acres) as it borders this property. Approx 285+/- frontage on Stoney Point Rd which opens up to a total width of 1,400+/- ft. This would be ideal for an experienced developer who has worked in Forsyth County.

Last Agent to Sell the Property

Michael Ovbey

RE/MAX Town & Country License #175523 Listed on: 02/21/2024

RE/MAX Town & Country

Last Buyer's Agent

Jacquelyn Struble

Virtual Properties Realty.com License #340040

Virtual Properties Realty.com

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,022

Lot Details

  • 35.72 Acre Lot
  • Property fronts a county road
  • Private Lot
  • Sloped Lot

Schools

  • Shiloh Point Elementary School
  • Piney Grove Middle School
  • Denmark High School

Utilities

  • Underground Utilities
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 668

Property Details

Property Type

Land

Est. Annual Taxes

$2,022

Lot Details

0

Listing Details

  • Property Type: Land
  • District: 2
  • Section: 1
  • Co List Office: RMTC01
  • Financing Type: Cash
  • Lot Size Acres: 35.72
  • Property Sub-Type: Unimproved Land
  • Road Frontage Type: County Road
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 167973

Exterior Features

  • Frontage Road: 285
  • Lot Features: Private, Sloped

Utilities

  • Sewer: Other, Public Sewer
  • Utilities: Cable Available, Electricity Available, High Speed Internet, Natural Gas Available, Phone Available, Underground Utilities, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Schools

  • Elementary School: Shiloh Point
  • High School: Denmark
  • High School Bus: Yes
  • Middle School: Piney Grove
  • Middle School Bus: Yes
  • Elementary School: Shiloh Point
  • Middle School: Piney Grove
  • High School: Denmark

Lot Info

  • Land Lot: 668

Tax Info

  • Year: 772
  • Tax Annual Amount: 2022

MLS Schools

  • Elementary Bus Line: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2024
Closed on
Feb 28, 2025
Sold by
Jones Jane and Jones Jane L
Bought by
1550 Stoneypoint Llc
Seller's Agent
Michael Ovbey
RE/MAX Town & Country
Buyer's Agent
Jacquelyn Struble
Virtual Properties Realty.com
List Price
$6,000,000
Sold Price
$6,500,000
Premium/Discount to List
$500,000
8.33%
Views
35
Current Estimated Value
$4,594,877

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,905,123
Avg. Annual Appreciation
-46.17%
Source: Public Records

Range of Values:

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Average Value
Not Available
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

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Special Warranty Deed $6,500,000 None Listed On Document
Special Warranty Deed $6,500,000 None Listed On Document
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2025 02/28/25 Sold $6,500,000 +8.3% --
03/03/2024 03/03/24 Pending -- -- --
02/21/2024 02/21/24 For Sale $6,000,000 -- --
Source: Georgia MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $776 $2,305,488 $2,132,800 $172,688
2024 $776 $179,111 $12,319 $166,792
2023 $671 $169,983 $11,963 $158,020
2022 $772 $501,364 $390,064 $111,300
2021 $752 $501,364 $390,064 $111,300
2020 $748 $496,744 $390,064 $106,680
2019 $751 $455,760 $351,056 $104,704
2018 $764 $434,908 $325,052 $109,856
2017 $741 $414,028 $325,052 $88,976
2016 $736 $349,016 $260,040 $88,976
2015 $15,089 $1,874,976 $0 $0
2014 $9,046 $341,692 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Michael Ovbey

    Seller's Agent in 2025

    Michael Ovbey

    RE/MAX

    (770) 778-6182

    4 in this area

    92 Total Sales

    Michael Ovbey
    Section Image
  • Jacquelyn Struble

    Buyer's Agent in 2025

    Jacquelyn Struble

    Virtual Properties Realty.com

    (770) 855-5748

    2 in this area

    65 Total Sales

    Jacquelyn Struble
    Section Image
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Map

Source: Georgia MLS

MLS Number: 20172290

Georgia MLS

APN: 109-005

Georgia Forsyth County Cumming 30041 Big Creek

1550 Stoney Point Rd, Cumming, GA

This home is located at 1550 Stoney Point Rd, Cumming, GA 30041 and is currently priced at $6,500,000. 1550 Stoney Point Rd is a home located in Forsyth County with nearby schools including Shiloh Point Elementary School, Piney Grove Middle School, and Denmark High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Georgia MLS The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of Georgia MLS. Real estate listings held by brokerage firms other than Redfin are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed. Copyright 2025 Georgia MLS. All rights reserved.

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