5 months on rocket

2585 Gelding Ct NE, Marietta, GA, 30062

$4,395,000

7 Bedrooms
5 Full Baths, 1 Partial
11.76 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeSingle Family Residence
Year Built1986
WaterfrontNone
ViewPool, Trees/Woods, Water
MLS #7389510
Lot Size11.76 Acres
StatusActive

About 2585 Gelding Ct NE

PRIME DEVELOPMENT OPPORTUNITY- 11.76 Acres of POSSIBILITY (plus potential to add additional acreage). Finally, an exceptional opportunity to own the LARGEST SINGLE PARCEL of land ZONED R20 to be sold in the heart of E. Cobb in recent memory! This one-of-a-kind sprawling 11.759 acre canvas can be subdivided or developed for even more possibilities. As a matter of fact, a lot of the leg work for development has been initiated and lined up for the LDP (LDP not submitted but reach out to agent for extensive due diligence package and details). Even more possibilities to expand acreage to create an even larger subdivision. With adequate sewer and water lines and ease of access to utilities, coupled with a $72 million-dollar high school renovation/replacement project further increasing its long term value, now is the time to capitalize on this rare opportunity to build your dream neighborhood. You can either keep the house as a community clubhouse or sell independently. Currently this already-cleared acreage hosts 5 paddocks and an on-site 220' x 125' irrigated arena with all-weather footing and sound system; along with an 8-stall "show" barn complete with 2 wash racks, tack room, feed room, hay storage, charming pub, office and barn apartment with kitchenette and plenty of space for trailer/equipment. If horses aren't your thing, enjoy endless possibilities by converting the barn into a separate house for multigenerational living; event venue; recreation retreat; warehouse; storage for the car or toy collector in you. Since the house is located toward the very back of the property and its zoned R20, the opportunity to use the rest of the land for your heart's desire is now easier than ever. Located in top-tier E. Cobb schools, 9 miles to Braves stadium, near shopping, dining, entertainment and more, yet offering a sense of freedom and unparalleled privacy, security and seclusion from the bustle of city life without sacrificing location. You must experience this in person, but until then see the epic preview via YouTube and look up: "The Manor at Pen Oak by Winter Baserva"

Property Details

Property Features

Property Information:

  • Architectural Style: Country, European, Traditional
  • Year Built: 1986

Listing Office:

  • Office Name: Atlanta Communities
  • Office Phone: (678) 463-3173
  • Listing Agent: Winter Baserva

Interior Features

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 5
  • Total Bedroom Count: 7

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: None
  • View: Pool, Trees/Woods, Water

Lot Features

Lot Information:

  • Lot: Cleared, Farm, Level, Private
  • Lot Size: 11.76 Acres

Other

Directions Information:

  • Directions: 75 N to exit 267A (Canton/Hwy 5). Right onto Sandy Plains. Right onto Post Oak Tritt. Right into Vermillion subdivision (Across from Mt. Bethel Christian Academy) to Alston. Right onto Gelding Lane then right on Gelding Ct. You go through the cul-de-sac and then will see the private gate for Pen Oak Farm. Go all the way until the end.

Price Information

Listing Price Info

Price Summary:

  • List Price: $4,395,000

Tax Information:

  • Annual Amount: $27,219
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Marietta, GA.

Med. Sold Price

$474.1K

Med. Price/SqFt

$208

Avg. Days On Market

39

# of Sold Homes

303

2585 Gelding Ct NE vs Marietta

178 DAYS ON ROCKET

+139 Days

$4,395,000

+$3.9M More

KEY TAKEAWAY

This property is $3.9M more than the Median Sold Price in Marietta, GA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: First Multiple Listing Service
  • MLS Number: #7389510

Listing Office:

  • Office Name: Atlanta Communities
  • Office Phone: (678) 463-3173
  • Listing Agent: Winter Baserva

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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/15/2024, 1:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Apr 17, 2017Home Sold
$2,066,700

Tax History

YEARPROP. TAXASSESSMENT
2020$27,219$809,480
2018$23,261$766,436
2017$3,848$587,684

History based on county public records data.

Payment Calculator

$22K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$13.2K

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-259235
8
/10
  • Murdock Elementary School

  • 2320 Murdock Rd

  • 1.01 miles

  • Public District Grades KG-5

school-card-donut-259236
7
/10
  • Addison Elementary School

  • 3055 Ebenezer Rd

  • 1.35 miles

  • Public District Grades KG-5

school-card-donut-259237
9
/10
  • Mountain View Elementary School

  • 3151 Sandy Plains Rd

  • 1.47 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $89,368. The most common annual income of people living in Marietta, GA is between $35k-100k. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Marietta, GA

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Marietta, GA?

The housing landscape in Marietta is diverse, offering a mix of single-family homes, apartments, and townhouses to accommodate a range of preferences and needs. Architectural styles vary, with a prevalence of traditional and colonial homes that reflect the area's rich history, alongside modern constructions that cater to contemporary tastes. The majority of homes were built during a development boom in the late 20th century, with a homeownership rate that is reflective of a community invested in long-term residency.

Is Marietta, GA a good place to live?

Marietta prides itself on a vibrant community spirit, with a historic town square that serves as the heart of cultural activities and events. The area is celebrated for its annual festivals, including the Taste of Marietta and the Art Walk, which showcase local cuisine and artistry. The community's character is further defined by its well-preserved historical sites and the active engagement of its residents in local affairs and initiatives.

Are things conveniently located in Marietta, GA?

Residents of Marietta benefit from a robust selection of services, including a network of public and private schools that cater to educational needs at all levels. The area is served by numerous healthcare facilities, offering a range of medical services to ensure community well-being. Public libraries are available for educational and recreational purposes, and the city's retail and dining establishments reflect the local culture, with an emphasis on Southern hospitality and cuisine.

What does the transportation in Marietta, GA look like?

Marietta's transport infrastructure supports both private and public transit options, with a focus on connectivity and accessibility. The area features a network of roads and highways that facilitate commuting to Atlanta and other nearby cities. Public transportation services are available, providing residents with alternatives to private vehicle use. The community also places an emphasis on walkability, particularly in the downtown area, and has made efforts to improve bikeability through the development of bike lanes and trails.

Frequently Asked Questions About 2585 Gelding Ct NE

What is the listing price of this property?

The listing price of 2585 Gelding Ct NE property is $4,395,000.

What type of property is this?

The property 2585 Gelding Ct NE is land located in Marietta, Georgia, 30062.

Is this property for sale now?

Active Listing: 2585 Gelding Ct NE is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $27,219 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on April 17, 2017 for $2,066,700. (source: MLS/tax record).

How much acreage is this property?

The property 2585 Gelding Ct NE is 11.76 acres.
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Rocket Homes›Georgia›Cobb County›Marietta›30062›2585 Gelding Ct NE

This home is located at 2585 Gelding Ct NE in Marietta, GA and zip code 30062. This home, which was built in 1986, sits on a 11.76 acre lot. Features: 7 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since May 20, 2024 and is currently priced at $4,395,000.

Marietta, GA housing market in October 2024 saw over 48 listings sold above listed price, more than 78 sold at listed price and over 164 sold below. The number of listings in Marietta, GA increased by 9.8% between September 2024 and October 2024. In October 2024, listings were on the market for 39 days. During the same period, the median list price in this real estate market was $474,184.

From Rocket Homes Real Estate and based on county public records data.

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