12
Map
1981 Mountain Road
About This Property
The heavy lifting has already been done for you: a Level 3 Soil Analysis is fully complete, confirming excellent buildable conditions and saving you thousands in upfront due diligence time and costs. Whether you envision a sprawling modern farmhouse, a classic brick estate with a pool, or a private equestrian getaway, this expansive acreage offers incredible flexibility with no restrictive HOA oversight.
Enjoy the best of North Georgia's natural beauty while staying just minutes from upscale shopping, fine dining, and entertainment at downtown Alpharetta, Avalon, and Crabapple. Neighboring The Echelon Golf Club and just 3 miles from The Manor Golf & Country Club and offering easy access to GA-400. Top-tier public schools include Birmingham Falls Elementary, Hopewell Middle, and Cambridge High. Do not miss one of the final remaining acreage opportunities of this caliber in the area! This property cannot be subdivided.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 16, 2026 | Price Increased |
$1,500,000
↑ $900K
(150%) | |
| Price Increased | |||
| Aug 19, 2026 | Price Decreased |
$600,000
↓ $1M
(68.3%) | |
| Price Decreased | |||
| Jul 22, 2026 | Price Increased |
$1,895,000
↑ $1M
(203.2%) | |
| Price Increased | |||
| Jun 17, 2026 | Price Decreased |
$625,000
↓ $2M
(79.2%) | |
| Price Decreased | |||
| May 27, 2026 | Listed by Keller Williams Realty Community Partners | $3,000,000 | |
| Listed by Keller Williams Realty Community Partners | |||
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Escape to Luxury: 4.5+/- Acre Modern Estate Opportunity in Alpharetta
Nestled within a pristine, wooded landscape at 1981 Mountain Rd, this exceptional 4.5+/-acre parcel offers the rare luxury of absolute privacy without sacrificing the conveniences of living on the north end of Alpharetta / Milton. Free from the constraints of an HOA, this expansive acreage serves as the perfect canvas for your custom architectural masterpiece.
Plans are already envisioned for a striking, 5,000+/- sq. ft. contemporary modern ranch designed to blend seamlessly with its natural, forested surroundings.
The Vision & Design Highlights
Contemporary Modern Architecture: Clean lines, expansive glass, and organic textures define this forward-thinking ranch design.
True Single-Level Living: A thoughtful footprint featuring the primary suite on the main floor for ultimate comfort and longevity.
Dramatic, Airy Volumes: Soaring vaulted ceilings and a completely open-concept floor plan create a grand sense of scale, perfect for both quiet family evenings and large-scale entertaining.
Chef’s Culinary Kitchen: Envisioned to feature professional, high-end appliances, custom cabinetry, and a massive central island flowing effortlessly into the main living spaces.
Infinite Potential Below: A full basement offers the flexibility to double your footprint—perfect for a home theater, private gym, wine cellar, office or additional guest suites.
Premium Storage: An attached 3-car garage provides ample space for vehicles, weekend toys, and additional storage.
The Setting & Location
No HOA Restrictions: Bring your own builder, design your dream amenities (pool, guest house, or matching workshop), and live completely on your own terms.
The property delivers a "destination retreat" feel while keeping you just minutes from Alpharetta’s vibrant core. Enjoy effortless access to top-tier dining and shopping at Avalon and Downtown Alpharetta, premier concerts at the Ameris Bank Amphitheatre, neighboring the top-rated Echelon Golf Club, and some of the highest-rated public and private schools in Georgia.
Whether you choose to execute this stunning modern vision or bring your own architectural dreams to life, 1981 Mountain Road represents a rare chance to claim a substantial piece of Alpharetta's most beautiful, private acreage.
The property cannot be subdivided.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017