Description

Listed with a reduced cash price! owner financing also available! - welcome to 4571 peeksville road, a remarkable 2.188 acre flag-lot in mcdonough's sought-after ola school district. this lot is perfect for a basement lot, crawl space or a split foyer plan! (see the attached topo map that shows gentle slopes). this land offers the perfect balance of countryside tranquility and nearby amenities, making it an exceptional opportunity for your dream home or investment venture. a new survey has been completed, ensuring you have all necessary information for your construction project. - no flood plain, no hoa, no nearby neighbors, but there is plenty of room for your home and septic system. the property is gently sloped and equally impressive. you can retain the wooded area for privacy or clear it for a beautiful lawn or garden. embrace country living with easy access to local shopping and activities. don't miss this rare chance to own a piece of paradise in a desirable location. if the buyer needs to keep their cash on hand, you can buy this land now without a bank loan! - owner financing available with 25% down. act fast! - the seller will also offer 6% owner financing at 3 year balloon (if seller qualifies) at the sales price for this lot of $82,000. - (we also have a 5 year balloon financing at 7.5% with the same $82,000 sales price) see monthly payment information in the attached pictures on the listing. secure the land now and build your dream home later! please see all the photos and plats in the seller's opinion, the highest and best use is as part of a new subdivision but the rear neighbor doesn't want to sell right now. (see attached conceptual subdivision drawing). the land also has a new henry county water main running along peeksville road. if you will tap onto this for your house, that means no water well needed! -this water main is especially important to a developer putting in a huge subdivision. this lot would be a great strategic long term buy and hold property. (if you are a real estate investor) this is a great investment simply because this lot is key to the development of the huge 40 acre parcel behind it. without this very strategic property, the 40 acre lot will always be a single use lot with only one house as it is now! the county rules say that each lot needs a 60 foot access drive from the street to get to each lot. as you can see the rear portion of the 40 acre parcel has only about a 60 foot wide choke-point to go around the southeast corner of the 2 acre lot that we are selling! the 40 acres only has this one narrow pass unless you decide to sell your land for an additional access path. (this lot blocks the needed access to the rear acreage, see the attached plat). if you do build and you want to always have a huge piece of land behind you, you can be assured to keep your privacy if you refuse to sell your lot to a builder! if they eventually sell the 40 acres to a builder, this lot will be indispensable and extremely valuable because the owner of this lot controls how the 40 acres can be developed. . your choice is to either block the access to keep your privacy or to get paid a very premium price for the lot! the location of this lot puts you in the driver's seat! i have submitted one design option where you could swap property lines around to allow you to build on the northern portion of the lot, and sell the southern portion for an access path for a new subdivision, but only if they agree to pay your price. there are many options, all of which are very excellent benefits to own this property.

• Property Type

  Land

• County

  Henry

• Style

  Unimproved Land

• AD ID

  48636284