JLL is pleased to present the opportunity to acquire Cedarcrest Village, a 68-unit age restricted (55+) residential development opportunity located in Acworth, GA. Currently zoned R-55, the property has a density limit of 70 detached homes or up to 88 cottage style homes. The 17.73-acre parcel is a natural extension of Cedarcrest Village – a popular 104-unit cottage retirement community where homes have sold for as high as $495,000 according to Zillow.
The property is situated in a superior suburban market for retirees – with an abundance of highly rated natural amenities within a short driving distance. The subject property is located minutes away from North Georgia’s premier public & private golf courses, hundreds of acres of public parks, and two major recreational lakes. Despite
the property’s rustic setting, the property is still in close proximity to premier suburban amenities, including dozens of big-box retail stores, over one hundred dining options, and medical and wellness facilities.
1.) Zoned Residential Development Opportunity
2.) Development Flexibility
3.) A Natural Extension of a Successful Age-Restricted Community
4.) Connectivity & Accessibility
5.) Ability to Curate an Active Adult Living Experience