• Find the perfect home, schedule showing times and more!
  • Find the right Agent, Mortgage or Title Officer for you.
  • Create home searches, save your favorites, view home documents, etc.
  • How much home can you afford?  Mortgage rates, calculators, etc.
  • Questions or comments?  Email, call, fax or write us.
  • FOR SALE
    $2,449,999

    588 Shelnut Road
    Locust Grove, GA 30248

    Single Family, Cabin
    Residential
    3
    Beds
    2
    Baths
    2,200
    Sq. Ft.
    51.77
    Acre Lot
    Courtesy: Crye-Leike, Realtors
    GAMLS> Georgia> Locust Grove> 30248
    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
    20121002
    Residential - Single Family, Cabin, 3+ Story
    3
    2 Full
    1980
    Butts
    51.77 Acres
    Well
    Log
    Septic Tank
    Loading...
    The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

    Walk Score

    Transit Score

    Bike Score

    Loading...
    Courtesy: Crye-Leike, Realtors
    This content last refreshed on 4/29/2024 12:10 AM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
    Information is deemed reliable but is not guaranteed.