292 Acre/6000 FT Lake Front Development Opportunity on Lake Oconee, Morgan County, Georgia
avalon / May 10, 2022
Avalon Real Estate Partners is pleased to present this opportunity to buy approximately 292 acres on Reids Ferry Road in Morgan County, Georgia. The property has approximately 6,000 feet of deep-water frontage on Lake Oconee. The property is located 8.5 miles off I-20 (Exit 121), less than 5 miles from Reynolds Lake Oconee, 10 miles from Greensboro Georgia, and 15 miles from Madison, Georgia. It is roughly 90 miles from Atlanta.
Oconee Beach Club provides an opportunity to develop a lake front community that takes advantage of the nearly 6,000 ft of shoreline with a mixture of lake lots and a marina activity area that could contain dry stack boat storage and fuel docks/ship store. The property should afford a design that allows for a meaningful amount of open space off the lake that could accommodate a number of community amenities.
279.37 acres are zoned A-5 (Agriculture) and the remaining 12.53 acres that front Reids Ferry Road are zoned R-4 (Residential). The appropriate zoning classification for a project is LTCO (Lakeshore Town Center Overlay) in Morgan County.
There is sewer available to the site south of Sugar Creek Mariana, but this is subject to independent verification.