Land

0 Highway 138

Covington, GA 30014

Location

0 Highway 138, Covington GA 30014

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Loads on click

List Price$294,990
Acres27.15
$/Acre$10,865
ZoningA
DOM157
Data last updated: October 5, 2026 at 4:01 PM EST
ACTIVE
FMLS #7763559
Listing Provided By Sanders RE, LLC · 678-888-3438
Description

Property Description

Discover 27.15 acres of opportunity in Walton County, just outside Covington in Monroe. Located along Highway 138, this expansive property features more than 800 feet of road frontage and an existing driveway for convenient access. Electricity and city water are available at the road, while a septic system will be needed. A distinctive granite feature adds natural character to the landscape, complementing the property's open space and versatility. Outdoor recreation is nearby, including Lake Jackson, the Alcovy River, and Hard Labor Creek State Park, with easy access to I-20 for travel to Atlanta. Whether you're planning a custom home, recreational retreat, or long-term land investment, this property offers space, accessibility, and flexibility in a desirable location. Not mention the natural resources that could be harvested from this unique property.
Tax Advantage

Opportunity Zone Property

Tract 13297110400

This property is located inside a federally designated Qualified Opportunity Zone. Long-term investors may still access meaningful capital-gains benefits — primarily the potential exclusion of post-investment appreciation after a 10-year hold — when structured through a Qualified Opportunity Fund.

  • ExcludePotential permanent exclusion of post-investment appreciation if held 10+ years through a Qualified Opportunity Fund
  • TransitionCurrent zone designations remain in effect through 2028; new permanent OZ 2.0 rules begin January 2027
  • StructureBenefits require investment via a Qualified Opportunity Fund and satisfaction of holding-period and improvement tests

Opportunity Zone benefits depend on timing, fund structure, holding period, and substantial-improvement tests. The original deferral of pre-investment gains ends December 31, 2026. New rules (OZ 2.0) begin January 1, 2027. This is educational only — not tax, legal, or investment advice. Confirm current eligibility and structure with your CPA and counsel before acting.

Use

What this site can be used for

Current
OtherVacant
Possible
AgriculturalRecreationalResidential

Uses come from the MLS listing. Confirm allowed uses with the city or county before you write an offer.

Site

Site readiness

Pulled from MLS utility fields and listing remarks. Green means the listing mentions it — not that it is installed or permitted.

  • WaterNoted

    Listing or remarks mention public water or a meter

  • Sewer / septicUnknown

    Not stated — confirm perc or tap with the county

  • PowerNoted

    Electric or underground utilities mentioned

  • Road frontageCheck

    County Road

  • Survey / soilsUnknown

    No survey or soil language found in remarks

27.15 acres · ~21 football fields

Parcel notes

Other listing fields not covered above

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0 Highway 138

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Disclaimer

Important Investment Information

Land metrics (acreage, price per acre, zoning) are taken from the MLS listing when available. All figures are for screening only — verify parcel data, surveys, and restrictions independently.

Any estimated or modeled figures represent the independent analysis of Jeff Crowe / Century 21 The Avenues and are not supplied by FMLS or the listing broker.

This website and its content are for informational and educational purposes only. Nothing on this site constitutes financial, investment, tax, or real estate advice. All information is deemed reliable but not guaranteed. You should always conduct your own thorough due diligence, verify all data independently, review the physical condition of the property, and consult with your own qualified attorney, accountant, and investment advisor before making any purchase decision.