$1,950,000
16.89± Acres
Under Contract
Gwinnett County, Georgia

The Arbors at Richland Creek

ID: 45238
Status: Under Contract
Price: $1,950,000
Acres: 16.89±
Price Per Acre: $115,453
Type: Undeveloped Land
Address: Sycamore Road
City, State: Buford, Georgia
County: Gwinnett
ZIP Code: 30518
Presented By: Kyle Gable

Description

Ackerman & Co. and Pioneer Land Group are pleased to exclusively present for sale The Arbors at Richland Creek, 16.89 acres designed with a site plan
for 30 single family detached (“SFD”) lots. Gwinnett County continues to capture more SFD house sales than any other county in Metro Atlanta.


The Arbors at Richland Creek offers the following attributes:

The property is currently zoned for the intended use.

Prime opportunity for a builder to establish a presence in the rapidly growing Gwinnett County market.

The Arbors at Richland Creek is served by an excellent school system. The elementary, middle and high schools are all rated 4 out of 5 stars.

Located in the Lanier High School district where the average price of a newly constructed house that sold through 1Q23 was $507,000.

Lake Lanier is conveniently located less than 1 mile from The Arbors at Richland Creek.

There is a very limited supply of vacant developed lots (“VDLs”) in Gwinnett County and the Lanier High School market.

The property was originally zoned for 42 lots, but due to new development regulations, that number has decreased. A site plan has been completed with 30 lots.

Ask Kyle About This Property

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