588 Shelnut RD,  Locust Grove  (30248)

$2,449,999

3 bedrooms 3   2 bathrooms 2   2200 square feet 2,200
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PROPERTY DETAILS

Address: view address
Locust Grove, GA 30248
Map Location
Features: Air Conditioning, Garden, Watefront
Bedrooms:3Bathrooms:2 (full: 2)
Square Feet:2,200 sq.ft.Lot Size:51.77 acres
Year Built:1980Styles:Country/Rustic
Views:Lot has lake viewProperty Type:Mixed Use
Neighborhood:NoneCounty:Butts
List Date:2023-05-19Listing Number:20121002
Listed By:Crye-Leike, RealtorsVirtual Tour:Click Here

PROPERTY DESCRIPTION

Quiet, private, and pristine revenue generating equestrian estate/farm on almost 52 acres features three (3) contiguous parcels containing three (3) revenue generating homes. The main property (588) features a 2,200 SF three bedroom, 2 bath log lodge which overlooks the private lake. Every window at the back of the Lodge has a unique and spectacular view of the water. The main bedroom features a spectacular en suite bathroom, spacious walk-in closet, and private 2 nd floor balcony overlooking the lake. The post-and-beam construction covered back porch affords shaded and relaxing views of the lake, pastures, and fire pit. The Lodge's fire pit deck is 20' by 20' with seating for 20 and features a masonry fire pit with open fire articulating grill grate and smoke hooks. The Lodge property contains a professionally constructed 4-bay firing range with covered firing points, a 12'x12' elevated and enclosed blind for hunting or target practice, 100, 200 and 300+ yard shooting benches and manicured food plots. The entire property is accessed by over 2 miles of interior roads. Trophy deer and hog hunting take place on this property, and private dove shoots are possible. The lake is well stocked with bass, bream and catfish and numerous bass over 10 lbs. have been caught (and released) over the past 15 years of ownership by the current owners. The Lodge property also contains a large metal storage building on a concrete slab, and a spacious post-and-beam construction pole barn with 2 nd floor hayloft. The pole barn is a perfect candidate for additional lake-view living quarters. The Lodge property is used as a short-term rental (Airbnb, VRBO, direct book), wedding venue, and weekend/vacation home by the current owners when not rented. Short-term rental revenues are significant and will service $1 million or more of debt. This property is under an active conservation easement which minimizes the annual tax liability. The middle home (602) is a classic early 1900's farmhouse that has seen various stages of renovation, and features high ceilings, heart pine floors, and authentic shiplap walls. It is a long-term rental on a fresh 2-year lease with fantastic tenants who have lived on the farm for 4 years. The "Cottage" (624) has been completely and professionally renovated and is also a long- term rental on an annual lease by fantastic tenants who are in their 2 nd year living on the farm. The pastures are well maintained and currently occupied by a half-dozen "brood mare" quarter horses. The nearest non-farm "neighbor" is over a mile away. There's plenty of room for an estate sized home on the farm so that the new owners can have their cake and eat it too with a property that generates a significant amount of revenues to apply toward a potential mortgage. The farm currently generates approximately $7,000 per month on average but there are banner months where the revenues are significantly higher. Leases transfer with ownership as does the 5-star short-term rental business. Bookings already extend into 2024. All the possibilities are here! Come, make this your oasis! Additional pics available upon request along with AirBNB listings for full info! Convenient to I-75, shopping, restaurants, & schools. DO NOT APPROACH PROPERTIES W/O CONFIRMATION OF APPT!? 588 - 3 beds, 2 bath, 2,200 Square Feet 602 - 2 beds, 1 bath, 875 Square Feet 624 - 2 beds, 1 bath, 850 Square Feet Shelnut Rd (624) = 5.3 acres, (602)? = 3.7 acres, (588) = 42.77 acres

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Interior

Air Conditioning:YesBook Shelving:Yes
Breakfast Bar:YesCable Television Available:Yes
Ceiling Fan(S):YesCentral Air:Yes
Central Heat:YesDen:Yes
Dishwasher:YesElectric Heat:Yes
Electric Water Heater:YesFireplace:Yes
Great Room:YesHandicap Access:Yes
Hardwood Floors:YesKitchen Island:Yes
Laundry Room:YesRange/Oven:Yes
Refrigerator:YesTile Flooring:Yes
Wood Heat:YesWood Stove:Yes

Exterior

Carport:YesDeck:Yes
Fenced Lot:YesGarden:Yes
Log Exterior:YesMetal Roof:Yes
Off Street Parking:YesParking Spaces:20.00
Patio:YesPorch:Yes
Style:Country/RusticTotal Above Grade Finished Sq Ft:2,200.00
Total Finished Square Feet:2,200.00

Property and Lot Details

Elementary School:DaughtryHas View:Yes
High School:JacksonLevel Lot:Yes
Lot Acres:51.77Lot Has Barn:Yes
Lot Has Lake Access:YesLot Has Lake View:Yes
Lot On Or Near Lake:YesMiddle School:Henderson
Out Building(S):YesSeptic System:Yes
Sloped Lot:YesSubdivision:NONE
Taxes:5,642.00Transaction Type:Sale
Well Water:YesYear Built:1980

Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.

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Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.

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Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.

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Listed By: Kelly Derosa of Crye-Leike, Realtors

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