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588 Shelnut Road, Locust Grove, GA – $2,449,999

  • 3 Beds
  • 2 Baths
  • 2,200 Sqft
  • 51.77 Acres
  • 3 Beds
  • 2 Baths
  • 2,200 Sqft
  • 51.77 Acres

588 Shelnut Road

Quiet, private, and pristine revenue generating equestrian estate/farm on almost 52 acres features three (3) contiguous parcels containing three (3) revenue generating homes. The main property (588) features a 2,200 SF three bedroom, 2 bath log lodge which overlooks the private lake. Every window at the back of the Lodge has a unique and spectacular view of the water. The main bedroom features a spectacular en suite bathroom, spacious walk-in closet, and private 2 nd floor balcony overlooking the lake. The post-and-beam construction covered back porch affords shaded and relaxing views of the lake, pastures, and fire pit. The Lodge's fire pit deck is 20' by 20' with seating for 20 and features a masonry fire pit with open fire articulating grill grate and smoke hooks. The Lodge property contains a professionally constructed 4-bay firing range with covered firing points, a 12'x12' elevated and enclosed blind for hunting or target practice, 100, 200 and 300+ yard shooting benches and manicured food plots. The entire property is accessed by over 2 miles of interior roads. Trophy deer and hog hunting take place on this property, and private dove shoots are possible. The lake is well stocked with bass, bream and catfish and numerous bass over 10 lbs. have been caught (and released) over the past 15 years of ownership by the current owners. The Lodge property also contains a large metal storage building on a concrete slab, and a spacious post-and-beam construction pole barn with 2 nd floor hayloft. The pole barn is a perfect candidate for additional lake-view living quarters. The Lodge property is used as a short-term rental (Airbnb, VRBO, direct book), wedding venue, and weekend/vacation home by the current owners when not rented. Short-term rental revenues are significant and will service $1 million or more of debt. This property is under an active conservation easement which minimizes the annual tax liability. The middle home (602) is a classic early 1900's farmhouse that has seen various stages of renovation, and features high ceilings, heart pine floors, and authentic shiplap walls. It is a long-term rental on a fresh 2-year lease with fantastic tenants who have lived on the farm for 4 years. The "Cottage" (624) has been completely and professionally renovated and is also a long- term rental on an annual lease by fantastic tenants who are in their 2 nd year living on the farm. The pastures are well maintained and currently occupied by a half-dozen "brood mare" quarter horses. The nearest non-farm "neighbor" is over a mile away. There's plenty of room for an estate sized home on the farm so that the new owners can have their cake and eat it too with a property that generates a significant amount of revenues to apply toward a potential mortgage. The farm currently generates approximately $7,000 per month on average but there are banner months where the revenues are significantly higher. Leases transfer with ownership as does the 5-star short-term rental business. Bookings already extend into 2024. All the possibilities are here! Come, make this your oasis! Additional pics available upon request along with AirBNB listings for full info! Convenient to I-75, shopping, restaurants, & schools. DO NOT APPROACH PROPERTIES W/O CONFIRMATION OF APPT!? 588 - 3 beds, 2 bath, 2,200 Square Feet 602 - 2 beds, 1 bath, 875 Square Feet 624 - 2 beds, 1 bath, 850 Square Feet Shelnut Rd (624) = 5.3 acres, (602)? = 3.7 acres, (588) = 42.77 acres

Essential Information

  • MLS® #20121002
  • Price$2,449,999
  • Bedrooms3
  • Bathrooms2.00
  • Full Baths2
  • Square Footage2,200
  • Acres51.77
  • Year Built1980
  • TypeResidential
  • Sub-TypeMixed Use
  • StyleCountry/Rustic
  • StatusActive

Community Information

  • Address588 Shelnut Road
  • SubdivisionNONE
  • CityLocust Grove
  • CountyButts
  • StateGA
  • Zip Code30248

Amenities

  • Parking Spaces20
  • ViewSeasonal View, Lake
  • Is WaterfrontYes
  • WaterfrontLake Access, Lake, Dock Rights

Utilities

Cable Available, Electricity Available, High Speed Internet, Phone Available

Parking

Carport, Off Street, RV/Boat Parking

Interior

  • HeatingElectric, Central, Other, Wood
  • CoolingCeiling Fan(s), Central Air
  • FireplaceYes
  • # of Fireplaces1
  • FireplacesWood Burning Stove
  • StoriesMulti/Split

Interior Features

Bookcases, High Ceilings, Beamed Ceilings, Rear Stairs, Tile Bath

Appliances

Electric Water Heater, Dishwasher, Oven/Range (Combo), Refrigerator

Exterior

  • Exterior FeaturesGarden, Other, Dock
  • RoofMetal
  • ConstructionLog

Lot Description

Level, Private, Pasture, Sloped

School Information

  • ElementaryDaughtry
  • MiddleHenderson
  • HighJackson

Additional Information

  • Days on Market347

Listing Details

  • Listing Provided Courtesy Of Crye-leike, Realtors
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Price Change History for 588 Shelnut Road, Locust Grove, GA (MLS® #20121002)

Date Details Change
Status Changed from Price Change to Active
Status Changed from Active to Price Change
Price Increased from $2,400,000 to $2,449,999 $49,999 (2.08%)
Status Changed from New to Active

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Listing information last updated on May 1st, 2024 at 1:46pm EDT.