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Improved Land for Sale in Cumming, Georgia

4302 Franklin Goldmine Rd, Cumming, GA 30028

$1,800,000
11.6 acres
Active
ago
Est $9,238/mo

Unlock a rare, high-yield investment opportunity with this expansive 11.6-acre multi-residential estate, perfectly positioned for maximum cash flow. This versatile compound features a diverse mix of improvements, including a spacious ranch home, a classic brick residence, multiple mobile homes, a 14-stall barn, and several functional outbuildings. Four residential homes are separate parcels make up this land. Currently operating as a high-occupancy rental with 19 active tenants generating over $11,000 in monthly gross income, this property offers immediate ROI with significant room for further optimization or specialized agricultural use. There are two full pastures that are fully fenced. A horse, goats, chickens and more make up the property with plenty for room to roam. Whether you are looking to expand a rental portfolio or establish a unique live-work homestead, the sheer scale and income-producing history of this Franklin Goldmine Road gem make it a standout acquisition. Located down the road from Publix, restaurants, parks and more. I-20 is expending to accommodate the influx of buyers and residents in the Alpharetta and Cumming area. 15 min from Downtown Cumming, 20 min from Halcyon and so much more. Opportunities are endless for potential residential developments as well.

Sq feet
1960
Built

Location

Street address
4302 Franklin Goldmine Rd
Elevation
1,216 feet
Coordinates
34.2408, -84.2435

Directions

Driving North on 400. Take exit 12B for McFarland Parkway. Right onto Union Hill Rd. Continue on Mullinax Rd. Continue on Post Road. Left onto I-20. Right onto Franklin Goldmine Rd.

Property details

Acreage
11.6 acres
Zoning
A1
MLS #
FMLS 7724779
Posted

Property taxes

2025
$7,259

Details and features

Listing

Type
Land
Subtype
Single Family Residence
Zoning
Developed/Zoned Agriculture
Franchise
RE/MAX International

Lot

Vegetation
Cleared, Partially Wooded
Features
Level, Private

Exterior

Pool
Deck
Structures
Mobile Home

Structure

Style
Ranch
Stories
1

Property utilities

CategoryTypeStatus
WaterPublicAvailable

Nearby schools

NameType
Poole's MillElementary
Liberty - ForsythMiddle
West ForsythHigh

Listing history

DateEventPriceChangeSource
Feb 25, 2026New listing$1,800,000FMLS
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This 11.6-acre property is located at 4302 Franklin Goldmine Rd in Cumming, GA 30028. The property is available for sale for $1,800,000. It has a structure built in 1960.

Checked 1 hour ago — Updated

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