ESTATE-OWNED! Unique opportunity to invest in large compartment of contiguous land positioned directly in the path of HIGH growth. As a result of current as well as anticipated growth within this region water demands are on the rise, and the Etowah Water & Sewer Authority has just received the final permit from US Army Corps of Engineers to develop a pristine 140+/- acre reservoir lake that will flood the Russell Creek valley in the southern portion of the property. Dam and spillway design is now underway and construction is expected to be complete in 2020. Owner has received confirmation from the Etowah Water & Sewer Authority that the county Master Plan indicates public wastewater service (sewer) for the immediate area that includes the Russell Creek Reservoir. Investors take note - these land prices reflect pre-reservoir completion and pre-sewer availability.
Population growth within a 10 mile radius of this area is surging to over twice the national average and this tract lies right smack in between Dawsonville and the booming retail market at North Georgia Premium Outlet Mall on GA 400. Dawsonville has experienced unparalleled growth of 139% over the past census and the Premium Outlet Mall features over 140 nationally known stores attracting well over 6 million visitors annually. Other major retailers include Walmart Supercenter, The Home Depot and Ingles, as well as new mega-construction projects at Dawson Marketplace and Dawson Crossroads anchored by Kroger and Publix. This tract could be easily divided for future development with over 2 miles of road frontage on three public roads including State Hwy 136. Traffic counts on GA 400 currently average about 28,000 per day.
While this property represents an excellent investment in a highly appreciating area, it also has incredible value by means of its natural resource systems as well as the immediate utility as a great recreational tract. Predominantly made up of old natural hardwood stands with two major creek systems that feed the Etowah River. The owner has developed several beautiful open grassed areas throughout, and an excellent interior woods road system that leads to many breathtaking long range views. Abundant wildlife has been intensely managed historically by the same hunt clubs.
GA 400 N to Outlet Malls. West on HWY 53 to r. on Etowah River Rd. Left on New Bethel Church Rd. Property 1 mile+ up on both sides. Access also from Seed Tick Road off Etowah River Rd. Or go GA 400 N to West on HWY 136 about 3 miles to property on left.
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