CHESTATEE RIVERVIEW 483 ACRES

BANK OWNED LAND
OFFERED FOR SALE:
CHESTATEE RIVERVIEW
483 ACRES
DAHLONEGA, GEORGIA
EXCLUSIVELY MARKETED BY
GINA WYLLY JOHNSON
JOHN DREW
NORTON COMMERCIAL REAL ESTATE GROUP
75 ELLIOTT RD. SUITE 100
DAWSONVILLE, GA 30534
404-556-4193
INFORMATION CONTAINED HEREIN HAS BEEN RECEIVED FROM SOURCES BELIEVED RELIABLE, BUT NO
WARRANTY IS MADE AS TO ACCURACY. THIS OFFERING IS SUBJECT TO CHANGE AND WITHDRAWAL WITHOUT NOTICE.
The Property
The Norton Commercial Real Estate Group is pleased to offer a
483 acre land tract located on the Chestatee River with frontage
on South Chestatee Street.
This property is historically significant in that the first major gold
strike in Dahlonega, Ga, took place on what is now known as the
Calhoun Gold Mine, which is on the register of Historic Places.
The Chestatee River can be considered the Chattahoochee
River’s little brother. This property fronts on a portion of the 32
miles +/- of canoeable river as it meanders over rocks and around
bends south to Lake Lanier. Rainbow and Brown Trout and even
Striped Bass can be found in these lovely waters.
PERFECT FOR A PRIVATE RETREAT
LOCATION
The Location
Dahlonega lies to the northwest of the intersection of Georgia
400 and Georgia Highway 60. Ga 400 is the corridor from
Atlanta to the North Georgia Mountains. It has also been the
strongest corporate, retail and residential corridor for the last 15
years.
Growth has moved north to Windward, the first master planned
community on Ga 400 in the 1980’s and continued as the
residential growth flowed over into South Forsyth County in the
1990’s. The retail growth has moved from Perimeter Mall at the
intersection of Ga 400 and I-285, to Northpoint Mall in North
Fulton, the Avenues on Highway 141 and Ga 400 in Cumming, to
the major Outlet Mall of North Georgia in Dawsonville.
The second home market, which started in NE Georgia and SW
North Carolina with Lake Rabun and Highlands, moved south to
the Mountains of Big Canoe and Bent Tree located between
Dawsonville and Jasper. Birch River, developed by Pete Calabro,
was the first golf community in Dahlonega. This was sold to
Reynolds Plantation, who renamed the property Achasta,
honoring the Indian history in this area.
Dahlonega is a regional center with the North Georgia Medical
Center and North Georgia University. The history of the gold
rush forms a central focus in the City’s marketing.
LOCATION
The Property Specifics
Acreage:
483 Total; 134 Greenspace/Mitigtion
Frontage:
900’ on S Chestatee Street/GA Hwy 60
Structures:
Calhoun Goldmine, Calhoun
Stamp Mill and (2) houses.
River Frontage:
1.5 Miles on the Chestatee River
Elevations:
1100 to 1350+/-
Potential Subdivision:
Northern Portion - 327+/- acres
Southern Portion - 156+/- acres
Pricing:
$5,100,000
Financing possibilities: Subject to Bank Review
INFORMATION CONTAINED HEREIN HAS BEEN RECEIVED FROM SOURCES BELIEVED RELIABLE, BUT NO
WARRANTY IS MADE AS TO ACCURACY. THIS OFFERING IS SUBJECT TO CHANGE AND WITHDRAWAL WITHOUT NOTICE.
CHESTATEE RIVERVIEW
483 ACRES
ADJACENT PROPERTY OWNERS
Chestatee Riverview
Turquoise
Achasta
Yellow
Noblin Estate
Green
Briar Patch
Blue
Frania Lee
Lavender
INFORMATION CONTAINED HEREIN HAS BEEN RECEIVED FROM SOURCES BELIEVED RELIABLE, BUT NO
WARRANTY IS MADE AS TO ACCURACY. THIS OFFERING IS SUBJECT TO CHANGE AND WITHDRAWAL
WITHOUT NOTICE
INFORMATION CONTAINED HEREIN HAS BEEN RECEIVED FROM SOURCES BELIEVED RELIABLE, BUT NO WARRANTY IS MADE AS TO ACCURACY. THIS OFFERING IS SUBJECT TO WITHDRAWAL AND CHANGE WITHOUT NOTICE