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Residential lots for sale in Grayson

$300,000
Single Family Home For Sale
Active
4
BEDS
2
TOTAL BATHS
3,181
SQFT
637 Grayson Parkway
Grayson, GA 30017
 
$434,900
Single Family Home For Sale
Pending
4
BEDS
3
TOTAL BATHS
2,420
SQFT
591 Pine Grove Avenue
Grayson, GA 30017
Pine Grove Village Subdivision
$699,000
Commercial For Sale
Active
3,248
SQFT
2037 Grayson Highway
Grayson, GA 30017
 
New Listing - a week online
$490,000
Single Family Home For Sale
Pending
5
BEDS
6
TOTAL BATHS
3,978
SQFT
2089 Keeling Mill Terrace
Grayson, GA 30017
Windsor Creek Subdivision
Price Change - 4 weeks ago
$359,900
Townhouse For Sale
Active
3
BEDS
4
TOTAL BATHS
2,600
SQFT
Brownstones At The Railyard #3
2158 Britt Street
Grayson, GA 30017
$349,900
Townhouse For Sale
Pending
3
BEDS
3
TOTAL BATHS
2105 Britt Street
Grayson, GA 30017
Brownstones At The Railyard Subdivision
$359,000
Townhouse For Sale
Active
3
BEDS
4
TOTAL BATHS
2,400
SQFT
2165 Railyard Avenue
Grayson, GA 30017
Brownstones At The Railyard Subdivision
New Listing - 2 weeks online
$369,900
Townhouse For Sale
Active
3
BEDS
4
TOTAL BATHS
2,400
SQFT
2135 Railyard Avenue
Grayson, GA 30017
Brownstones At The Railyard Subdivision
$569,000
Single Family Home For Sale
Pending
5
BEDS
5
TOTAL BATHS
3,720
SQFT
798 Natchez Valley Trace
Grayson, GA 30017
Natchez Trace Subdivision
$359,900
Single Family Home For Sale
Pending
3
BEDS
2
TOTAL BATHS
2,920
SQFT
2390 Waterton Ridge Trail
Grayson, GA 30017
Waterton Subdivision
$505,000
Single Family Home For Sale
Pending
5
BEDS
4
TOTAL BATHS
3,325
SQFT
2654 Chestnut Walk Drive
Grayson, GA 30017
Heritage At Grayson Subdivision
$367,000
Single Family Home For Sale
Active
4
BEDS
3
TOTAL BATHS
2,285
SQFT
1855 Sosebee Farm Road
Grayson, GA 30017
Enclave/Glenns Mdws Ph 01 Subdivision
New Listing - 2 weeks online
$575,000
Single Family Home For Sale
Active Under Contract
5
BEDS
5
TOTAL BATHS
3,554
SQFT
2626 Hunters Place Landing
Grayson, GA 30017
Heritage At Grayson Subdivision
$319,900
Single Family Home For Sale
Pending
4
BEDS
3
TOTAL BATHS
2,184
SQFT
1846 Glenns Green Court
Grayson, GA 30017
Enclave At Glenns Meadow Subdivision
New Listing - 3 weeks online
$349,900
Single Family Home For Sale
Pending
5
BEDS
3
TOTAL BATHS
2,573
SQFT
701 Glenns Farm Way
Grayson, GA 30017
Enclave At Glenns Meadow Subdivision
New Listing - 2 weeks online
$645,000
Single Family Home For Sale
Active
6
BEDS
6
TOTAL BATHS
4,840
SQFT
2621 Legacy Walk Court
Grayson, GA 30017
Heritage At Grayson Subdivision
$1,790,000
Land For Sale
Active
6
BEDS
6
TOTAL BATHS
1785 Grayson Highway
Grayson, GA 30017
 
New Listing - 2 weeks online
$370,000
Single Family Home For Sale
Pending
4
BEDS
3
TOTAL BATHS
2,996
SQFT
2192 Reddy Farm Lane
Grayson, GA 30017
Wilshire Manor Subdivision
$325,000
Townhouse For Sale
Pending
3
BEDS
4
TOTAL BATHS
2,186
SQFT
1819 Larkton Court
Grayson, GA 30017
Olde Town Grayson Subdivision
New Listing - 4 weeks online
$975,000
Single Family Home For Sale
Active
5
BEDS
6
TOTAL BATHS
9,000
SQFT
939 Wilshire Court
Grayson, GA 30017
Wilshire Subdivision
New Listing - 2 weeks online
$320,000
Single Family Home For Sale
Active Under Contract
4
BEDS
3
TOTAL BATHS
2,750
SQFT
2661 Bateleur Court
Grayson, GA 30017
Arbors of Grayson Subdivision
Price Change - 4 days ago
$392,000
Single Family Home For Sale
Active
4
BEDS
3
TOTAL BATHS
2,507
SQFT
2593 Madison Mae Lane
Grayson, GA 30017
Madison Park Subdivision
New Listing - 2 weeks online
$438,000
Single Family Home For Sale
Active Under Contract
5
BEDS
4
TOTAL BATHS
4,116
SQFT
265 Sawyer Farm Drive
Grayson, GA 30017
Sawyer Farms Subdivision
New Listing - 3 weeks online
$359,999
Single Family Home For Sale
Active Under Contract
4
BEDS
3
TOTAL BATHS
2,938
SQFT
416 Dunaway Court
Grayson, GA 30017
Sawyer Farms Subdivision
$275,000
Single Family Home For Sale
Pending
4
BEDS
3
TOTAL BATHS
2,710
SQFT
1820 Shoreline Trace
Grayson, GA 30017
Waterton Subdivision
$469,900
Single Family Home For Sale
Pending
5
BEDS
5
TOTAL BATHS
339 Madison Park Drive
Grayson, GA 30017
Madison Park Subdivision
Price Change - 2 weeks ago
$410,000
Single Family Home For Sale
Pending
5
BEDS
3
TOTAL BATHS
2,921
SQFT
1720 Wheat Grass Way
Grayson, GA 30017
Wheatfields Subdivision
New Listing - 2 weeks online
$370,000
Single Family Home For Sale
Active
4
BEDS
3
TOTAL BATHS
2,816
SQFT
2733 Madison Mae Lane
Grayson, GA 30017
Madison Park Subdivision
New Listing - 3 weeks online
$535,000
Single Family Home For Sale
Pending
6
BEDS
6
TOTAL BATHS
3,946
SQFT
1801 Mcconnell Road
Grayson, GA 30017
Leighs Grove North Subdivision
New Listing - 3 weeks online
$395,000
Single Family Home For Sale
Pending
5
BEDS
4
TOTAL BATHS
3,424
SQFT
321 Arboretum Place
Grayson, GA 30017
Middleton Subdivision
New Listing - 6 days online
$314,900
Single Family Home For Sale
Pending
5
BEDS
4
TOTAL BATHS
2,636
SQFT
1989 Waterton Court
Grayson, GA 30017
Waterton Subdivision
New Listing - 2 weeks online
$265,000
Single Family Home For Sale
Pending
3
BEDS
2
TOTAL BATHS
1,661
SQFT
1610 Willow River Run
Grayson, GA 30017
Willow Trace Subdivision
$360,000
Single Family Home For Sale
Pending
4
BEDS
4
TOTAL BATHS
2,995
SQFT
485 Middleton Place
Grayson, GA 30017
Middleton Subdivision
$270,000
Single Family Home For Sale
Pending
4
BEDS
3
TOTAL BATHS
2,282
SQFT
1025 Big Haynes Drive
Grayson, GA 30017
Waterton Subdivision
New Listing - 3 days online
$365,000
Single Family Home For Sale
Active
5
BEDS
3
TOTAL BATHS
2,618
SQFT
2443 Arboretum Way
Grayson, GA 30017
Middleton Subdivision
New Listing - 5 days online
$248,500
Single Family Home For Sale
Active Under Contract
3
BEDS
2
TOTAL BATHS
1,572
SQFT
1980 Shoreline Trace
Grayson, GA 30017
Waterton Subdivision
New Listing - 2 weeks online
$414,900
Single Family Home For Sale
Active
5
BEDS
4
TOTAL BATHS
3,123
SQFT
930 Mount Mckinley Drive
Grayson, GA 30017
Wellington Walk Subdivision
New Listing - 3 weeks online
$250,000
Single Family Home For Sale
Pending
3
BEDS
2
TOTAL BATHS
1,955
SQFT
1590 Hill Crossing Court
Grayson, GA 30017
Hillside Crossing Subdivision
Price Change - 3 weeks ago
$345,000
Single Family Home For Sale
Pending
4
BEDS
3
TOTAL BATHS
2,550
SQFT
929 Mendenhall Way
Grayson, GA 30017
Wellington Walk Subdivision
New Listing - 5 days online
$365,900
Single Family Home For Sale
Pending
4
BEDS
3
TOTAL BATHS
2,868
SQFT
252 Madison Park
Grayson, GA 30017
Madison Park Subdivision
New Listing - 3 weeks online
$250,000
Single Family Home For Sale
Pending
3
BEDS
3
TOTAL BATHS
1,812
SQFT
1642 Maple Trace Ct
Grayson, GA 30017
Willow Trace Subdivision
New Listing - a week online
$366,670
Single Family Home For Sale
Active
2
BEDS
2
TOTAL BATHS
2,117
SQFT
2698 Songbird Lane
Grayson, GA 30017
Aspen Grove Subdivision
New Listing - 3 days online
$365,000
Single Family Home For Sale
Active
5
BEDS
3
TOTAL BATHS
2,288
SQFT
64 Leighs Grove Way
Grayson, GA 30017
Leighs Grove Subdivision
$342,170
Single Family Home For Sale
Pending
2
BEDS
2
TOTAL BATHS
1,817
SQFT
524 Everton Place
Grayson, GA 30017
Aspen Grove Subdivision
New Listing - 2 weeks online
$399,900
Single Family Home For Sale
Pending
5
BEDS
4
TOTAL BATHS
2,269
SQFT
303 Brackin Trace
Grayson, GA 30017
Wheatfields Subdivision
$54,900
Land For Sale
Active Under Contract
0.89
ACRES
GWINNETT
COUNTY
1163 Willow Trace
Grayson, GA 30017
Graystone Subdivision
New Listing - a week online
$374,830
Single Family Home For Sale
Active
4
BEDS
3
TOTAL BATHS
2,525
SQFT
594 Everton Place
Grayson, GA 30017
Aspen Grove Subdivision
New Listing - a week online
$356,960
Single Family Home For Sale
Active
2
BEDS
2
TOTAL BATHS
1,817
SQFT
2678 Songbird Lane
Grayson, GA 30017
Aspen Grove Subdivision
New Listing - 2 weeks online
$269,900
Single Family Home For Sale
Pending
3
BEDS
3
TOTAL BATHS
1,822
SQFT
1480 Willow River Run
Grayson, GA 30017
Willow Trace Subdivision
$235,000
Single Family Home For Sale
Pending
3
BEDS
3
TOTAL BATHS
1,722
SQFT
391 Ash Trace Lane
Grayson, GA 30017
Willow Trace Subdivision
$467,000
Single Family Home For Sale
Active Under Contract
4
BEDS
3
TOTAL BATHS
3,180
SQFT
1171 Grayson Parkway
Grayson, GA 30017
 
New Listing - 3 weeks online
$449,900
Single Family Home For Sale
Active Under Contract
5
BEDS
3
TOTAL BATHS
4,428
SQFT
1619 Rosemist Court
Grayson, GA 30017
Wheatfields Subdivision
New Listing - 4 weeks online
$399,500
Single Family Home For Sale
Pending
4
BEDS
3
TOTAL BATHS
2,953
SQFT
1120 Mount Mckinley Drive
Grayson, GA 30017
Wellington Walk Subdivision
New Listing - 3 weeks online
$338,500
Single Family Home For Sale
Pending
4
BEDS
3
TOTAL BATHS
2,720
SQFT
80 Tollwood Place
Grayson, GA 30017
Woodland Brook Subdivision
Price Change - 3 weeks ago
$325,000
Single Family Home For Sale
Pending
5
BEDS
4
TOTAL BATHS
2,626
SQFT
2368 Roseberry Lane
Grayson, GA 30017
Pebble Creek Farm Subdivision
New Listing - 3 weeks online
$459,900
Single Family Home For Sale
Active
4
BEDS
4
TOTAL BATHS
5,754
SQFT
935 Hillside Mill Drive
Grayson, GA 30017
Hillside Commons Subdivision
New Listing - a week online
$339,900
Single Family Home For Sale
Pending
4
BEDS
3
TOTAL BATHS
2,900
SQFT
42 Kaktovac Court
Grayson, GA 30017
Grey Stone Manor Subdivision
$179,900
Commercial For Sale
Pending
1.55
ACRES
GWINNETT
COUNTY
Ozora Road
Grayson, GA 30017
 

Residential lots for sale in Grayson

If you are looking to build your residential home or are you a home builder in the Grayson area and are looking for residential lots to buy and build residential homes, here you can find small lots and large tract of land that is already subdivided to build many residential houses.

How to buy a Residential Lot in Grayson

Location is the first thing you should keep in mind. Knowing the area you want to live is first, after you have determined the location or city where you want to live, you can start the search for residential lots in that given area. 

When looking for residential land one of the first steps is to locate a good land. How can we know if the land you found is a good lot? As each lot brings its benefits and disadvantages. When evaluating the lot, make sure the size is appropriate for the floor plan you have chosen. Lot size must be a priority, if it is too small you may have to ask for modifications to be able to build your house, these modifications can take up to 6 months to be approved. 

When is the best time to buy a lot?

Normally when you buy a resale house, you start the search in the spring months to buy and move during the summer months. When it comes to lots, I can't tell you what the best month is, and this is simply because after the lot is purchased, it will take around 8 to 12months to build your house. Now if you have a very definite date on which you want to move into your new home, I would tell you to take at least 18 months for the purchase and construction of your home. Only the construction of the house can take from 8 to 12 months, without counting on the time it takes to get a building permit, which can easily take 2 to 4 months.

How much does a Residential Lot cost

The cost of land varies depending on its location. We cannot say that one acre of land in the northern Atlanta area can cost the same as in the Lawrenceville area. The land in the northern Atlanta area is probably 4 times more expensive. For example, one acre lot in the northern area of Atlanta can cost up to a million dollars. While a lot of the same size in Lawrenceville can be found for an average of 50 to 70 thousand dollars. The location of the land determines the price.

What to do and what not to do When you are buying a Residential Lot

When you are buying land I do not recommend that you do it alone, especially when buying land, it is essential that you work with a good real estate agent, preferably someone who is specialized in buying land and preferably someone who has Some knowledge of zoning and construction.

How to Pay for the Land?

Generally a land is bought in cash. Do not expect a bank to make a loan to buy land. If the bank makes a loan, the loan will be for an amount not less than 55 thousand dollars and generally for about 60 or 70% of the value of the land purchase  if they lend it. If you want to get a loan to buy land, go to a Credit Union, they are a little more flexible with land loans. If the land you are buying has a house, then there is a possibility that the bank will give you a loan.

How to value the land

The value of the land you are buying has to be valued according to the value of the houses in the community or neighborhood located. Because this is important: If you pay a lot for the land, then the house you built is probably well above the price of the other houses in this area. To know if you are paying a suitable price, use the following formula: the price of the land has to be a quarter of the value of the house. For example, if the average value of the houses in that neighborhood is 100 thousand dollars, that means that the most you can pay for the land is 25 thousand dollars. This may vary somewhat depending on where the house is located, but the variation has to be minimal.

In the negotiation, be sure to allow enough time for both environmental research and zoning regulations. Environmentally, check if the land has large trees and where those trees are located, because in many cities it is very difficult to obtain a permit to cut trees that are specimen, also check if the land has all the sewer infrastructure, natural gas, water and electricity

Regarding zoning, confirm that the size and building area are adequate for the size of the house you want to build, in most cities it is very difficult to change the zoning or obtain variances of the established regulations.

For builders who are buying large land to plan a complete urbanization, it is very important to have access to public roads and you must verify how far the sewer, electricity, water and gas lines are, this will help determine the value of the land since these public services can be very expensive to implement.

When you buy a house, the first thing you try to do is meet your neighbor to ask all possible questions about the property you are buying. In the purchase of residential land is the opposite; It is not advisable to talk to the neighbors because they are very comfortable in having a vacant lot next to them their house and if you tell them that you are negotiating that land and it is to build a house, it is possible that all the neighbors will get together and oppose the construction of your home. 

If the land you are buying has a non-residential zoning, do not assume that you can change it. The change of zoning is a long and complicated process and it is very common not to obtain the result that one wants.

What is important when looking for a residential lot to build?

First the lot has to be buildable

If the lot is not buildable, the lot has no value at least to build a house. Now the land can be buildable but not suitable for what you are planning to build.

This means that legally the land is buildable but you cannot necessarily build what you have in mind, for example: the size of the land is one acre, all public services are available on the land, but the subsoil of the land It is not compatible or the land is very steep, so you also have to pay attention to these characteristics of the land before buying it.

Location

The location is very important, a land that is within a community, that is close to good schools, hospitals, shopping centers, that land is more desirable than to say a residential land that is in a very trafficked street or near a used car lot.

Residential land in restricted areas

A residential land may be located in a subdivision that has its own construction restrictions. If you are the person who wants to build your house and

You want to have total control of colors and designs of your house, possibly buying a land in a subdivision is not your best purchase.

The subdivision has its own construction rules, rules that include: style, size, color and many other things that you have to follow. To build in these subdivisions,  one has to be approved by a committee that controls these aspects in the subdivision.

Beware of HOA (HomeOwners Association) costs, these costs will be charged from the day you buy the lot, even if you have not built your house, you have to keep up with these payments.

Lots  in unrestricted subdivisions

If the land is located in an unrestricted subdivision, this will make the process of building a house in this subdivision a little easier. Generally an unrestricted subdivision is a subdivision established many years ago, we can say subdivisions established more than 40 years ago, the covenant and bylaws have run out.

If you find a lot in such a subdivision, this is very favorable since you will know the price of the houses around you and therefore you will have an idea of ​​the value of the land. In these subdivisions there is no committee or rules to follow other than those of the city or county where this subdivision is located.

To ensure there are no restrictions, confirm in the deed, if there are any subdivision restrictions, these will be listed in the deed of the property.

Zoning and Utilities

One of the things to verify when  buying a land is that the adjacent land has the same zoning, this is important for the following reasons: If the adjacent land is commercial, on that land you can build industrial buildings and this can be very unfavorable for your home, the same can happen if the adjoining land is agricultural zoned, on this land you can have any type of animals, this is not favorable for your home.

Environmental Hazards

Environmental damage is very common on land near gas stations and oil, gasoline, or natural gas pipelines. If the land you are buying is very close to a gas station or if the land has danger marks because pipelines pass through that area, then the buyer has to do what is called a Phase 1 which is an environmental study to see if the land It is not contaminated, this is not only recommended but rather I would say it must be mandatory to save future problems.

Land with Encroachments/Easements

In certain lands there are environments that are part of the deed and therefore part of the land. These easements in the land can be of a  public nature, as is an access for water, electricity, gas, or sewage public companies. These easements can also be private, such as an authorized access for a neighbor who has land behind this lot.

Before buying the land, make sure that it is free of encroachments and easements or if there are any, make sure that this does not impede the construction of your house.

Purchase of land to build a house

If you are buying the land for the construction of your home, it is very important to be clear about exactly what you want to build on this land. Make sure the size of the house is suitable for the land. If you want to have a house with a basement, the land has to have a little inclination to be able to install a basement. It is advisable to speak with a local architect, if possible ask the architect to visit the site to see if what you want to do is possible in this field.

Financing of a Residential Land

Banks generally do not make loans for the purchase of land, as I said earlier, the land is purchased in cash, but nevertheless there are financial institutions that make personal loans: institutions such as credit unions and some local banks.

Loan for the construction of your house

You can make a loan for the construction of your house, and in the loan you can include the cost of land, these loans can be obtained by talking to a local bank or banker. Today the banks are asking that the owner put at least 20 or 30% of the cost of construction.

As you can see, to buy a residential land you need to do a lot of research that must be done to make sure that what you are buying meets all your needs.

If you need help with the purchase of residential land in the Grayson area, Telmo Bermeo can help you.

If the purpose of  buying the land in Grayson is to build your personal home or you are  buying the land to build several houses; Our construction company can advise you with expenses, selection of architects and engineers for the development of plans. Traditional Homes of Georgia LLC is a company established in 2004 and has been helping customers in all areas around Grayson with everything related to home building.

For the purchase and sale of residential Land in Grayson call Telmo Bermeo and his team of real estate agents in Grayson.

About the author

Telmo Bermeo is a Real Estate Broker with about 20 years of experience in everything related to real estate. Telmo is also a Home Builder that has been helping with the purchase and construction of residential homes in the Grayson area since 2001

To contact Telmo Bermeo you can dial 770-309-6417

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