Atlanta Real Estate Search

Residential Property for Sale Townsend Georgia at $1,200,000


Listing ID6865321
Sold For$1,070,000
StatusClosed
Sold Date8/20/2021
SqFt 14,000
Acres 54.248
CountyMcintosh
SubdivisionWindmill Plantation
Year Built1995
Property TypeResidential
Property Sub TypeSingle Family Residence
Do you want to land your plane, put it in the hangar then walk into your kitchen. Sounds like a Bond movie yet that's what were selling here. Listing is for the entire 54 acre spread but owner will consider sales of lots of 1 acre. Some of these lots have marsh views and are directly on the runway. Property includes several large hangars for indoor aircraft storage, or boats, RV, Etc. Covenants in place, water system in place, runway access. This is designated 1GA0 and is a private 4000' paved airstrip conveniently located mere miles from the Atlantic Ocean. VASI Buying second homes or retirement property has issues not typical in most RE transactions. Homeowner and flood insurance, property taxes, hurricanes, resale and more. This location is know as the Georgia Bight, the most western part of the north Atlantic. Hurricanes that devastate FLA and N & S Carolina tend to pass offshore of the area and it is know to mariners as a "hurricane hole"; a good place to ride out a storm. GA taxes are far less than neighboring Florida and most of this property is in an X flood designation, thus inexpensive or no flood insurance required. This property includes infrastructure, hangars, tenants, barn, RV storage, covered aircraft storage and is currently under utilized. Properly managed it should produce $25k mo. income and still allow for the sale of residential lots. Potential for larger income stream as the frontage on Harris Neck Rd. is zoned commercial. Water system is in place. Several spring fed fresh water ponds. Subdivision plan in place and plated with the county. Great fishing, sailing, hunting 4 hour drive to ATL, 30 min drive to Savannah or St. Simons but mere minutes in your aircraft. This coastline provides for spectacular scenic flying.

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Contact - Listing ID 6865321


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Anthony Acosta

2827 Peachtree Rd NE, Suite 200
Atlanta, GA 30305
Phone Alt: (404) 240-2796
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