POTTS MOUNTAIN AT BIG CANOE + 1,356-Acre Development Site Entitled for 1,400 Units & 200 Senior Living Units

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Myrtle Austin
7 years ago
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1 POTTS MOUNTAIN AT BIG CANOE + 1,356-Acre Development Site Entitled for 1,400 Units & 200 Senior Living Units

POT TS MOUNTAIN AT BIG CANOE : OFFERING MEMORANDUM PROPERTY OVERVIEW One-of-a-Kind Opportunity for a (+/-) 1,356acre master planned development and extending phase of the tremendously successful Big

2 POT TS MOUNTAIN AT BIG CANOE : OFFERING MEMORANDUM PROPERTY OVERVIEW One-of-a-Kind Opportunity for a (+/-) 1,356acre master planned development and extending phase of the tremendously successful Big Canoe community. Zoned and approved for a diverse mix of 1,400 single family units, 200 senior living units, and various lifestyle amenities, with membership options at Big Canoe for the majority of future home owners all located 30 miles from Alpharetta and 1-hour drive from Atlanta in Pickens County, GA, at the front door of the beautiful North Georgia Mountains. CHATTAHOOCHEE NATIONAL FOREST COVE ROA D ST E T TA E V W EH COVE ROAD ROUNDABOUT Y Big Canoe Woodstock Alpharetta Cumming Roswell ATLANTA 53 bstory@avalonrepartners.com bbattle@avalonrepartners.com alex@avalonrepartners.com P : 02

POTTS MOUNTAIN AT BIG CANOE : HIGHLIGHTS» Truly unique development opportunity for a master-planned community totaling over +1,356 acres in Pickens County, GA at the foot of the beautiful Georgia

3 POTTS MOUNTAIN AT BIG CANOE : HIGHLIGHTS» Truly unique development opportunity for a master-planned community totaling over +1,356 acres in Pickens County, GA at the foot of the beautiful Georgia portion of the Blue Ridge Mountains, a natural extension of the massively successful Big Canoe community. POTTS MOUNTAIN» Adjacent to, and adjoining existing phases of Big Canoe, the private and highly successful, common-interest community featuring a 24-hr lifestyle amenity package with Golf, Tennis, Boating, Hiking, Dining, and a State-of-the-Art Fitness Center, among many others STEVE TATE HWY» 30 miles from Alpharetta. One hour s drive from Atlanta» Zoned for a mix of 1,400 single family units, 200 senior living units, and adjoining recreational amenities, including availability for 1,042 new memberships to the Big Canoe Property Owner s Association, granting full access to all of the Big Canoe amenities and lifestyle Not Included As seen facing north from Steve Tate Hwy bstory@avalonrepartners.com bbattle@avalonrepartners.com alex@avalonrepartners.com P : 03

POTTS MOUNTAIN AT BIG CANOE : HIGHLIGHTS CONTINUED» Topography and approved master plans are conducive to the development of traditional Big Canoe-style mountain estate home-sites on the north side

4 POTTS MOUNTAIN AT BIG CANOE : HIGHLIGHTS CONTINUED» Topography and approved master plans are conducive to the development of traditional Big Canoe-style mountain estate home-sites on the north side of the property, and a higher density mixed-use community on the south side.» The southern portion of the property is a unique opportunity to create an age-inplace master planned community that will perfectly compliment, and thrive off of, the success of Mother Canoe, and other comparable nearby developments.» Site provides substantial road frontage along Steve Tate Highway, abutting the Big Canoe round-a-about, and Highway 53, allowing access into Steve Tate Highway and a future entrance along Highway 53» The 41 acre parcel on the west side of Steve Tate Hwy, across the Cove Road Round-about, is approved as a Town Center phase, featuring a 200-unit Senior Center and over 100,000 square feet of commercial space, and is available for a diverse range use of uses including a potential Potts Mountain Commercial Node or Assisted Living site. Atlanta skyline seen from Mt Oglethorpe bstory@avalonrepartners.com bbattle@avalonrepartners.com alex@avalonrepartners.com P : 04

POTTS MOUNTAIN AT BIG CANOE bstory@avalonrepartners.

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POTTS MOUNTAIN AT BIG CANOE : BIG CANOE COMMUNITY HIGHLIGHTS Big Canoe Amenities and Features All amenities, including golf courses, clubhouse, lakes, pools and other recreational and passive common

6 POTTS MOUNTAIN AT BIG CANOE : BIG CANOE COMMUNITY HIGHLIGHTS Big Canoe Amenities and Features All amenities, including golf courses, clubhouse, lakes, pools and other recreational and passive common areas are wholly owned, managed and operated by the Big Canoe Property Owners Association.» Big Canoe has 7 Mountains, with 3 lakes that have fishing, boating (all electric) paddle boarding and beach side amenity complete with rock slides and a swim club.» Racquet Club complete with tennis, pickleball, squash, racquet ball and bocce ball.» State of the art fitness center» 27 Holes of Championship Golf including a top tier pro shop and practice facilities (which are currently being renovated)» Impressive clubhouse with fine dining, bar, casual dining and event space, constructed within the last ten years.» Over 22 miles of Award winning hiking and biking trails.» Big Canoe contains over 2,000 acres of Preserved Greenspace maintained by a very healthy Property Owners Association, which consists of approximately 3,400 members.» Over 50 social clubs in a vibrant and tightly knit community of residents. Big Canoe Home and Lot Sales» In April and May of 2016 there were 47 total transactions (new homes, resales or lot sales) totaling $17,900,000» January 2016 to May of 2016, there were 14 new Homes Sales at an average price of $538,000» From January of 2014 to May of 2016, were 60 new home sales at an average price of $528,000» From January of 2016 to May of 2016, 21 lots were sold at an average price of $115,000 per lot» From January 2014 to May of 2016, there have been 255 home resales at an average price of $336,000 Community Awards and Recognition» 2015 Real Estate Scorecard bliss award : Community of the Year, Hiking» 2014 The Nationals Silver Award : Master Planned Community of the Year» 2014 Real Estate Scorecard Bliss Award : Mountain Community of the Year» 2012 Greater Atlanta Homebuilders Association : Best Amenity Package for 500+ units» 2011 Greater Atlanta Homebuilders Association : Community of the Year bstory@avalonrepartners.com bbattle@avalonrepartners.com alex@avalonrepartners.com P : 06

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8 POTTS MOUNTAIN AT BIG CANOE : CONCEPTUAL SITE PLAN bstory@avalonrepartners.com bbattle@avalonrepartners.com alex@avalonrepartners.com P : 08

POTTS MOUNTAIN AT BIG CANOE From I-75N: Proceed North on I-75 toward Marietta/Chattanooga; Keep right at the interchange to I-575 north to Canton, take I-575 north to Canton, proceed north on this

9 POTTS MOUNTAIN AT BIG CANOE From I-75N: Proceed North on I-75 toward Marietta/Chattanooga; Keep right at the interchange to I-575 north to Canton, take I-575 north to Canton, proceed north on this route for approximately 30 miles; at the Old Waleska Road/Hwy 108 traffic light, exit to your right, and continue for 2 miles until you cross Canton Hwy; Continue onto GA-53 east for approximately 8.5 miles until you reach Steve Tate Hwy on your left; From GA-53 E turn left onto Steve Tate Road; From Steve Tate, Big Canoe main entrance accessed via Wilderness Pkwy on the left, Potts Mountain Property on the right. From GA-400N: Proceed north on GA-400 N/US-19 N for approximately 37 miles; exit left to turn left onto GA-369 W, and proceed for 8.4 miles, then turn right onto Old Federal Road and proceed for 3.6 miles; From Old Federal Road turn right onto Yellow Creek Road and proceed for 6.6 miles before reaching GA-53 E; Turn right onto GA-43 E and stay for 0.4 miles before reaching Steve Tate Road on the left; take Steve Tate Road for 1.7 miles; Big Canoe main entrance accessed via Wilderness Pkwy on the left, Potts Mountain Property on the right. 54 Wolfscratch Village Jasper, Georgia BigCanoe.com Further information on utilities, engineering, zoning, land planning, permitting, entitlements, the Big Canoe Property Owners Association, Big Canoe Covenants & Restrictions, recent home & lot sales in Big Canoe, and more can be found in a cloud-based data room ( War Room ) created and managed by Avalon Real Estate Partners. Access to the War Room can only be granted upon submittal of an executed confidential agreement by brokers, principals & other interested parties. Further guidance on offering instructions and pricing must be delivered through direct communication with an associate or principal of Avalon Real Estate Partners. Principal Confidentiality Agreement» Broker Confidentiality Agreement» This is a Marketing Communication, the information contained herein has been obtained from sources believed to be reliable. Though we have no reason to doubt its accuracy, we have not verified it and make no guarantee, warranty, or representation about it. Any projections, opinions, assumptions or estimates used are for example only. They do not represent the current or future performance of the property. For interested parties: we do not guarantee the suitability of the property for your needs. You and your advisors should conduct a careful, independent investigation of the property. Photos, graphics and logos contained herein are the property of their respective owners. The use of these images without the express written consent of the owner is prohibited. bstory@avalonrepartners.com bbattle@avalonrepartners.com alex@avalonrepartners.com P : 09

Land Specialties is North Georgia s premier development company for mountain lifestyle communities. Whether you imagine life on the lake, the links,

Land Specialties is North Georgia s premier development company for mountain lifestyle communities. Whether you imagine life on the lake, the links, or the lofty peaks, we bring your vision into clear