Large Residential Development Opportunity Near Big Canoe

PROPERTY OVERVIEW The Norton Commercial Acreage Group is proud to present this rare assemblage, located on Steve Tate Hwy adjacent to the wildly successful Big Canoe private residential and golf community in eastern Pickens County. The property consists of 12 residential lots ranging from 1.1 to 3.08 acres along with +/- 165.58 acres of undeveloped land of which a portion is entitled for an additional +/- 89 residential lots. With new homes in Big Canoe selling at an average of $624,500 over the past 12 months, the market is solid for a new residential development. There are several improved roads on the property that include significant investments made in power and water utilities. The subject property has approximately 5,850 feet of commercial road frontage on Steve Tate Highway, giving multiple access points options. Site is wooded with some of the most gently rolling topography found in the area! All utilities are available including public water, although lots will require individual septic tanks. Despite the increase in mortgage interest rates since July 2022, there is still a demand for new construction in this area and a developer is likely to have great success in selling a mix of basement, slab and speculative homes in this community. LOCATION OVERVIEW Located close to GA Hwy 53 and convenient to Hwy 575 and the greater Atlanta Metropolitan area, the subject property is roughly 13 miles from Jasper and 15 miles from Dawsonville with many of the commercial necessities in the nearby Big Canoe community. Both Dahlonega and Ball Ground are only a short drive away (15-20 miles) offering easy access to great restaurants, entertainment and attractions. The Dawsonville Premium Outlets are only 30 minutes away. In the Tate ES (11 miles) and Pickens County MS JHS and HS (15 miles) districts.