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5405 Oak Grove Circle

Cumming GA 30028

4
3
3491 sq. ft.
7 ac.
Single-Family
Currently for sale - view listing

Overview

*** NICE RESIDENTIAL HOME, LAND & INVESTMENT OPPORTUNITY ALL IN ONE IN NORTH FORSYTH *** Situated on approximately 7 acres with A1 zoning and no HOA, this 4-bedroom, 3.5-bath residence offers approximately 3,545 square feet of living space, plus a partially finished full daylight basement featuring an additional bedroom, bathroom, and separate living area. br br The combination of an existing residence, substantial acreage, privacy, and a rapidly growing North Forsyth location provides investors with multiple potential strategies, including long-term rental income, multigenerational housing, renovation and value-add, a private estate, land banking, or potential future residential development. br br Preliminary conceptual planning includes multiple potential residential development layouts resulting in total unit counts of 5 - 9+. Under the current zoning classification, up to 4 additional units can be built utilizing individual septic systems. Possible for higher density concepts resulting in 9+ individual homes! Conveniently located near schools, shopping, dining, medical facilities, and major transportation routes, this is a rare opportunity to acquire meaningful acreage with existing improvements in one of Forsyth County's expanding residential corridors. Any subdivision, lot count, septic suitability, sewer availability or connection, additional construction, commercial use, rezoning, or development potential must be independently verified with Forsyth County and the appropriate utility providers regarding zoning requirements, soil conditions, utilities, access, engineering, permitting, and all required governmental approvals.

Features

4 bedrooms
3 bathrooms
3491 sq. ft. floor area
7 ac. lot size
Single-Family

Property history for 5405 Oak Grove Circle

2021
Sold
$545,000
30 Apr 2021 by Charlene Mariani, of Virtual Properties Realty.com
2021
Sold
$545,000
30 Apr 2021 by Charlene Mariani, of Virtual Properties Realty.com

Happy sellers in Cumming

94%
94% of sellers in Cumming reported that their sale price either exceeded or met their price expectations.

Cumming stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Cumming over the last 12 months.

Local market activity for 4 bedroom single-family properties in Cumming

In the last 12 months, 175 four-bedroom single-family properties similar to 5405 Oak Grove Circle, have been sold.

This represents a 17% increase in four-bedroom single-family properties sales when compared to the previous 12 months.

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