Property Location

1892 Blacks Mill Road, Dawsonville GA 30534

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List Price $4,300,000
Units 1
Est. Cap Rate 0.2%
Est. Cash-on-Cash -23.3%
Price / Unit $4,300,000
Est. Year 1 Cash Flow $-249,946 after debt service
1892 Blacks Mill Road Dawsonville, GA 30534
FMLS IDX Data last updated: August 2, 2026 at 9:46 PM EST
ACTIVE
Property Description
Once in a lifetime opportunity to own a picturesque property unrivaled by anything on the market. Set on 40 level landscaped acres on the Cumming/Dawsonville line, this private estate features an exceptionally built 5 bedroom, 3.5 bathroom custom brick residence surrounded by mature landscaping, open pasture, and a stocked pond. Located just 5 minutes from North Georgia Premium Outlets and GA 400 and only 10 minutes to Lake Lanier, the property offers the rare combination of peaceful estate living with outstanding accessibility. Entering the property, you are immediately captivated by the meandering paved driveway leading to the stately residence, surrounded by lush landscaping and wide open grassy spaces. The home was custom designed with a floorplan perfect for both everyday living and large scale entertaining. In true Georgian style, the grand foyer makes a stunning first impression with imported Italian marble floors and breathtaking views through a dramatic two story wall of windows overlooking the backyard and property beyond. Four large living spaces flank the foyer, each anchored by its own masonry fireplace, creating elegant yet comfortable spaces throughout the main level. On one side of the home you will find a private office and the expansive primary suite, complete with a spa inspired bath featuring double vanities, steam shower, jetted soaking tub, spacious closets, and a sunroom overlooking the gardens. The primary suite also offers private access to the rear patio, perfect for enjoying quiet mornings outdoors. Across the foyer, the living room and formal dining room open into the breakfast room and newly renovated kitchen featuring custom cabinetry, quartz countertops, a large island with farmhouse sink, multiple pantries, beverage center, Sub Zero refrigerator, Wolf six burner range with pot filler, and Bosch dishwasher. The grand curved staircase leads to the upper level where four spacious bedrooms, two bathrooms, covered balconies, and abundant storage closets provide comfortable accommodations for family and guests. Wide covered porches, expansive windows, and multiple glass doors create seamless transitions between indoor and outdoor living spaces while capturing views of the surrounding acreage. An additional 3,000+ square feet of unfinished basement terrace level space is ready to be finished your way. The property itself is equally impressive. Previously operated as a tree farm, the land is fully cleared and features mature landscaping across the entire 40 acres, a pond, and over 1,400 feet of road frontage on two roads with rare flat topography that is increasingly difficult to find in North Georgia. The possibilities are endless for the discerning buyer looking to create a private estate, equestrian property, family compound, event venue, or future investment opportunity. Car collectors, equestrians, hobbyists, and entrepreneurs will appreciate the impressive 8,000 square foot barn garage featuring polished concrete floors, a commercial vehicle lift, kitchenette and bar area, bathroom with laundry, LED lighting throughout, and large roll up doors. Additional covered shed space provides extensive storage for equipment, trailers, or recreational vehicles and could easily be adapted for equestrian use. Additionally, the property includes a historic 100-year-old barn, along with beautifully maintained grounds that make this one of the unique and versatile estate properties currently available in North Georgia.
Investment Notes — Dawsonville
  • Located in the Dawsonville, GA area
  • Value-add opportunities typically exist through management, renovations, or operational improvements
  • Rental demand and achievable rents vary significantly by submarket — local market verification is recommended
  • Actual cash flow depends on occupancy, expenses, financing, and current market conditions
Professional Investment Analysis

Modeled from FMLS data + Atlanta metro baselines where listing data is incomplete

Price per Unit $4,300,000 Verified
Est. Cap Rate 0.18% Modeled
Est. Cash-on-Cash -23.25% Modeled
Est. Gross Income $15,360 Modeled
Est. NOI $7,526 Modeled
Est. Year 1 Cash Flow $-249,946 after debt service (25% down / 7% / 30-yr) Modeled
Confidence scores included Latest FMLS data Transparent modeling
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5.0%
46%
25%
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30 yrs
Gross Potential Income
Effective Gross Income
Operating Expenses
Net Operating Income (NOI)
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Jeff’s Investment Take

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Est. Cap0.2%
Est. CoC-23.3%
Important Investment Disclaimer
Important Investment Information

Actual MLS Cap Rate is used when present. Gross Income uses rent roll or MLS Gross Income when available, otherwise modeled. Operating expenses use an all-in ratio by property size. Cash-on-cash assumes 25% down, 7% interest, 30-year amortization. All figures are for screening only — verify with current rent roll and expenses.

Some figures shown on this page are estimated because complete rent-roll or operating data was not provided in the listing. Estimated values are clearly marked.

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.

MLS ID: 7799281 · Listing courtesy of Berkshire Hathaway HomeServices Georgia Properties, Todd Kroupa · 770-475-0505

IDX Information Provided by Jeff Crowe · jeffcrowe@c21theavenues.com
FMLS · Updated Daily