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$4,395,000
186 Days On Site

2585 Gelding Court NE
Marietta, GA 30062

For Sale|Single Family Residence|Active
7
Beds
5
Full Baths
1
Partial Bath

SqFt

/SqFt
1986
Built
Subdivision:
Pen Oak Farm ~ 11.759 Acres
County:
Cobb

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2585 Gelding Court NE2585 Gelding Court NE2585 Gelding Court NE2585 Gelding Court NE
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PRIME DEVELOPMENT OPPORTUNITY- 11.76 Acres of POSSIBILITY (plus potential to add additional acreage). Finally, an exceptional opportunity to own the LARGEST SINGLE PARCEL of land ZONED R20 to be sold in the heart of E. Cobb in recent memory! This one-of-a-kind sprawling 11.759 acre canvas can be subdivided or developed for even more possibilities. As a matter of fact, a lot of the leg work for development has been initiated and lined up for the LDP (LDP not submitted but reach out to agent for extensive due diligence package and details). Even more possibilities to expand acreage to create an even larger subdivision. With adequate sewer and water lines and ease of access to utilities, coupled with a $72 million-dollar high school renovation/replacement project further increasing its long term value, now is the time to capitalize on this rare opportunity to build your dream neighborhood. You can either keep the house as a community clubhouse or sell independently. Currently this already-cleared acreage hosts 5 paddocks and an on-site 220' x 125' irrigated arena with all-weather footing and sound system; along with an 8-stall "show" barn complete with 2 wash racks, tack room, feed room, hay storage, charming pub, office and barn apartment with kitchenette and plenty of space for trailer/equipment. If horses aren't your thing, enjoy endless possibilities by converting the barn into a separate house for multigenerational living; event venue; recreation retreat; warehouse; storage for the car or toy collector in you. Since the house is located toward the very back of the property and its zoned R20, the opportunity to use the rest of the land for your heart's desire is now easier than ever. Located in top-tier E. Cobb schools, 9 miles to Braves stadium, near shopping, dining, entertainment and more, yet offering a sense of freedom and unparalleled privacy, security and seclusion from the bustle of city life without sacrificing location. You must experience this in person, but until then see the epic preview via YouTube and look up: "The Manor at Pen Oak by Winter Baserva"

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Listing Snapshot
Price 
$4,395,000
Days On Site 
186 Days
Bedrooms 
7
Inside Area (SqFt) 
N/A
Total Baths 
6
Full Baths 
5
Partial Baths 
1
Lot Size 
11.759 Acres
Year Built 
1986
MLS® Number 
7389510
Status 
Active
Property Tax 
$30,919
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 months agoStatus changed to Active
2 months agoListing updated with changes from the MLS®
6 months agoPrice changed to $4,395,000
6 months agoListing first seen on site
General Features
Acres 
11.759
Additional Property Use 
HorsesResidentialOther
Number Of Stories 
3
Property Sub Type 
Single Family Residence
Security 
Security Gate
Stories 
Three Or More
Style 
CountryEuropeanTraditional
Utilities 
Cable AvailableElectricity AvailableNatural Gas AvailablePhone AvailableSewer AvailableWater Available
Zoning 
R20
Interior Features
Main Level Bedrooms 
1
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Exterior Features
Fencing 
Back YardFront Yard
Lot Features 
WoodedClearedFarmLevelPrivate
Other Structures 
Barn(s)Stable(s)StorageOther
Patio And Porch 
Front PorchRear PorchSide Porch
Road Frontage 
Other
View 
PoolTrees/WoodsWater
Waterfront Features 
None
Waterview 
PoolTrees/WoodsWater
Community Features
Community Features 
None
Financing Terms Available 
1031 ExchangeCashConventionalVA Loan
Horse Property 
ArenaBarnBoarding FacilitiesRound PenStable(s)
Roads 
Paved
Schools
School District
Unknown
Elementary School
Mountain View - Cobb
Middle School
Simpson
High School
Sprayberry
Listing Provided Courtesy Of: Winter Baserva of Atlanta Communities winterbaserva@outlook.com

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