With each 5 acre parcel, comes the enjoyment of a restricted home owners association. You get to choose your own way within the Construction Covenants and Restrictions. Also with each fee simple parcel, comes over 100 acres of land deeded, open and non buildable for you to enjoy. Thus you really have access to over 105 acres, and there are only 11 parcels in total.
It would not be unreasonable to believe that these properties and improvements might appreciate at 10% a year. Land cost alone has risen in the Athens area by 22% in the last year. Remember, although one can always build a new house, they just don’t make any more land. This opportunity is available actively or passively. There is no restriction on when someone has to build.
Prices for the 5 acre parcels vary from $152,000 to $171,000, site dependent.
Sure, your alternative is to buy your own 40 acre tract, then you have the luxury of building roads, putting in underground electrical and maintaining the place on weekends instead of enjoying it. But, if you just want a place to “hang-out”, operate a small business, create art, or retire from the hustle and bustle of the big city, come see us. We live here and love it. Deer, wild flowers, eagles, birds, prairie grasses, and the quiet to enjoy them.
And, if you don’t want to go through the design and build process, we can do it for you. Two specs will start in the fall on sites 2 and 4. Others are planned for the future.
