Located in the heart of Georgia's Lake Country, this opportunity has endless possibilities. This 1153+/- acre tract with 4000' on Lake Oconee, includes 881 acres in Morgan County (zoned: Lakeshore Town Center Overlay) and 272 acres in Putnam County (zoned: RM-3, Multifamily Residential). Purchase for development and benefit from over 2 miles of paved road with curb/gutter, frontage on 3 roads, and the water and sewer system partially in place. The lakefront access, dock, lakeside cabin, diverse wildlife and multiple ponds and food plots sites make it an outdoor enthusiasts dream. Merchantable pine and mature hardwoods throughout.
From I-20, exit 114, go South on 441. Left on Crawford Rd, left on Bethany Church Road, right Bethany Road, right on Cedar Grove, right on Kingston Road. Property is on the left.
The approximate monthly Principal & Interest payment for this property would be $36,288. This payment is based on a 30-year loan at a fixed rate of 4.46 % with a down payment of $799,500. Actual lender interest rates and loan programs may vary.
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