Prime development opportunity adjacent to Grand Cayman Estates, an exclusive gated community featuring custom-built luxury homes starting at $1.3M. This 186 acre tract was originally intended as Phase III of Grand Cayman Estates and presents an exceptional opportunity for a developer to create a premier residential community in an already established luxury corridor. The property is situated beside a scenic 5-acre lake and walking trail, offering natural beauty and built-in lifestyle appeal for future homeowners. Recent land comps within Grand Cayman Estates have reached $195,000 for 1.5-acre lots, underscoring the strong value and demand in the immediate area. Property Highlights: * 186 undeveloped acres * Adjacent to luxury gated community * Next to 5-acre lake & walking trail * Strong surrounding lot sales * Ideal for estate lots or custom home development Restrictions & Development Conditions: No factories or industrial buildings; no rezoning for industrial use permitted. New development must be separately branded and not affiliated with Grand Cayman Estates. Separate entrance required; no access through Grand Cayman streets for construction or development activity. Buyers must conduct their own due diligence; public sewer connection required for lots under 1 acre. New owners responsible for 50% of lake upkeep and fish stocking expenses. This is a rare opportunity to develop a large-scale residential community alongside established luxury homes in a highly desirable setting.
| MLS # | 10702581 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 175 |
| Listing Provided By | Pristine Palaces Realty LLC | Eric G Walton |
| Acreage | 186.21 |
|---|
| Lot Features | Private |
|---|
| Utilities | Electricity Available |
|---|---|
| Sewer | Septic Tank |
| Tax Annual Amount | 9183.46 |
|---|---|
| Tax Year | 24 |
| Community Features | None |
|---|
| State | GA |
|---|---|
| County | Rockdale |
| City | Stockbridge |
| Zip Code | 30281 |
| Area | Rockdale |
| Community Name | RURAL |
| School District | Heritage |
| Elementary School | Lorraine |
| High School | Heritage |
| Listing VS Median (in RURAL) | |
Price: $3,600,000 low | high Med: $390,000 On site: 175 low | high Med: 76 | |
| State | GA |
|---|---|
| County | Rockdale |
| City | Stockbridge |
| Zip Code | 30281 |
| Area | Rockdale |
| Community Name | RURAL |
| School District | Heritage |
| Elementary School | Lorraine |
| High School | Heritage |
| Listing VS Median (in RURAL) | |
Price: $3,600,000 low | high Med: $390,000 On site: 175 low | high Med: 76 | |