East Cobb’s real estate market is getting another luxury priced subdivision.
This home in the Heathermoor subdivision was listed for just over $1.5 million dollar and covers around 6,000 square feet of space.
A recent zoning decision by the Cobb Board of Commissioners in early October should leave little doubt about the strong health of the East Cobb luxury real estate market.
By a 4-0 vote on October 2, 2012 (with chairman Tim Lee absent) the commissioners approved a request by Brooks Chadwick Capital, LLC, to rezone 6.6 acres on Woodlawn Road, just south of Lower Roswell Road, for 21 homes that will cost an average of $1 million.
Each home will contain between 4,000 and 6,000 square feet of space. The development will be located in the heart of the Walton High School district, and a short walk from Dickerson Middle School.
As The Marietta Daily Journal reported when the request was before the Cobb Planning Commission in October, East Cobb’s top public high schools, are helping to feed the growing demand for new luxury homes. Brooks Chadwick Capital attorney John Moore told the newspaper:
“What we’ve found is that homes located in Walton, Pope and Lassiter school districts are moving as fast as you can put them up. People realize that there’s no more land left, so we expect these to go very quickly because of the school districts.”
(Reprinted from the Marietta Daily Journal, written by Jon Gillooly October 03, 2012. Read more: The Marietta Daily Journal)
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