Originally, Lake Lanier was primarily a summer, second-home market. Today, as the surrounding submarkets evolved, the lake has transitioned into predominantly full-time residences. As a direct effect of this, the real estate market has been saturated with residential developments. For many years now, Atlanta Land Group has observed Lake Lanier’s growing residential market, waiting for the opportune moment to contribute to the developments. While there are many Lake Lanier addresses that have been sought after for years, Atlanta Land Group has honed in on one particular tract of land that has yet to be developed.
This undeveloped and unique 74 acre tract has been in possession of the same family since the 1950s. At that time, the patriarch of the family fought the Army Corps of Engineers over the setbacks of the property’s lake frontage. In most lake front developments, the property lines end at the water’s edge. Because of the family’s success in Federal Court, the property lines for this 74 acre tract are close to the full pool levels of the lake and extend into the water itself. This is, without a doubt, the most distinctive feature of the property and one of the defining characteristics that make this tract the most desirable piece of land yet to be developed on Lake Lanier.
Atlanta Land Group has been analyzing all features of the Lake Lanier submarket that would be taken into consideration when purchasing a lake front property. By examining other residential developments on the Lake Lanier, along with the retail centers and other new and upcoming developments, Atlanta Land Group has determined that this exclusive tract of land is a deal worth fighting for. This is one of the last, privately owned large tracts on Lake Lanier with property lines that extend into the water, and Atlanta Land Group is hard at work trying to integrate this exceptional tract of land into the Lake Lanier residential market.
Stay tuned to see how this project turns out!