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.
Active
$1,800,000
4302 Franklin Goldmine Rd, Cumming, GA 30028
4beds
3,422sqft
Est.:
Single Family Residence, Residential
Built in 1960
11.6 Acres Lot
$1,808,000 Zestimate®
$526/sqft
$-- HOA
What's special
Spacious ranch homeSeveral functional outbuildingsClassic brick residence
- 5 days |
- 441 |
- 13 |
Zillow last checked: 8 hours ago
Listing updated: February 27, 2026 at 03:05am
Listing Provided by:
Modern Traditions,
RE/MAX Center 770-497-0000,
CHRIS VALLEE,
RE/MAX Center
Source: FMLS GA,MLS#: 7724925
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 4
Rooms
- Room types: Other
Primary bedroom
- Features: Oversized Master
- Level: Oversized Master
Bedroom
- Features: Oversized Master
Primary bathroom
- Features: Tub/Shower Combo
Dining room
- Features: Open Concept
Kitchen
- Features: Breakfast Room, Cabinets Other, Eat-in Kitchen
Heating
- Central, Forced Air
Cooling
- Ceiling Fan(s), Central Air
Appliances
- Included: Dishwasher
- Laundry: Laundry Closet
Features
- Entrance Foyer
- Flooring: Carpet
- Windows: Insulated Windows
- Basement: None
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 3,422
- Total interior livable area: 3,422 sqft
Video & virtual tour
Property
Parking
- Parking features: Driveway, RV Access/Parking, Varies by Unit
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck
- Exterior features: Private Yard
- Pool features: None
- Spa features: None
- Fencing: Fenced,Wood
- Has view: Yes
- View description: Trees/Woods
- Waterfront features: None
- Body of water: None
Lot
- Size: 11.6 Acres
- Features: Back Yard, Front Yard, Landscaped, Level, Pasture, Private
Details
- Additional structures: Barn(s), Second Residence, Shed(s), Stable(s), Other
- Parcel number: 009 023
- Other equipment: None
- Horses can be raised: Yes
- Horse amenities: Barn, Pasture, Stable(s)
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence, Residential
Materials
- Vinyl Siding
- Foundation: See Remarks
- Roof: Composition
Condition
- Resale
- New construction: No
- Year built: 1960
Utilities & green energy
- Electric: Other
- Sewer: Septic Tank
- Water: Public
- Utilities for property: Cable Available, Underground Utilities, Water Available
Green energy
- Energy efficient items: None
- Energy generation: None
Community & HOA
Community
- Features: None
- Security: None
- Subdivision: None
HOA
- Has HOA: No
Location
- Region: Cumming
Financial & listing details
- Price per square foot: $526/sqft
- Tax assessed value: $507,970
- Annual tax amount: $7,259
- Date on market: 2/25/2026
- Cumulative days on market: 5 days
- Road surface type: Gravel, Paved
Estimated market value
$1,808,000
$1.72M - $1.90M
$1,678/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 2/25/2026 | Listed for sale | $1,800,000+157.1%$526/sqft |
Source:  FMLS GA #7724779 Report a problem | ||
| 9/13/2024 | Sold | $700,000$205/sqft |
Source: FMLS GA #7380799 Report a problem | ||
| 6/24/2024 | Pending sale | $700,000$205/sqft |
Source: FMLS GA #7380799 Report a problem | ||
| 6/24/2024 | Price change | $700,000-57.6%$205/sqft |
Source: FMLS GA #7380598 Report a problem | ||
| 5/3/2024 | Listed for sale | $1,649,5000%$482/sqft |
Source: FMLS GA #7380598 Report a problem | ||
| 5/1/2024 | Listing removed | $1,650,000$482/sqft |
Source: FMLS GA #7273241 Report a problem | ||
| 3/30/2024 | Price change | $1,650,000-2.9%$482/sqft |
Source: FMLS GA #7273241 Report a problem | ||
| 2/1/2024 | Listed for sale | $1,699,900$497/sqft |
Source: FMLS GA #7270302 Report a problem | ||
| 12/28/2023 | Pending sale | $1,699,900$497/sqft |
Source: FMLS GA #7270302 Report a problem | ||
| 9/2/2023 | Listed for sale | $1,699,900$497/sqft |
Source: FMLS GA #7270302 Report a problem | ||
| 8/30/2023 | Listing removed | $1,699,900$497/sqft |
Source: FMLS GA #7239858 Report a problem | ||
| 6/30/2023 | Listed for sale | $1,699,900+6.6%$497/sqft |
Source: FMLS GA #7239589 Report a problem | ||
| 1/13/2023 | Listing removed | $1,595,000$466/sqft |
Source: FMLS GA #7084538 Report a problem | ||
| 8/16/2022 | Price change | $1,595,000-5.1%$466/sqft |
Source: FMLS GA #7084538 Report a problem | ||
| 7/17/2022 | Price change | $1,680,000-0.9%$491/sqft |
Source: FMLS GA #7084538 Report a problem | ||
| 2/16/2022 | Price change | $1,695,000-0.3%$495/sqft |
Source:  RE/MAX International #312745 Report a problem | ||
| 12/29/2021 | Listed for sale | $1,700,000+871.4%$497/sqft |
Source: RE/MAX International #312745 Report a problem | ||
| 12/20/2004 | Sold | $175,000$51/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,983 -3.3% | $203,188 -2.9% |
| 2023 | $5,151 +301.4% | $209,284 +12.4% |
| 2022 | $1,283 +19.2% | $186,240 +29.8% |
| 2021 | $1,077 +2.4% | $143,432 +2.3% |
| 2020 | $1,051 +15.8% | $140,200 +15.5% |
| 2019 | $908 +27.1% | $121,412 +27.2% |
| 2017 | $714 +15.8% | $95,480 +14.5% |
| 2016 | $617 | $83,376 |
| 2015 | $617 +25% | $83,376 +16.5% |
| 2014 | $494 -72.7% | $71,584 |
| 2013 | $1,812 -1.1% | $71,584 -0.8% |
| 2012 | $1,831 -27.7% | $72,184 -26.6% |
| 2011 | $2,531 | $98,344 -42.3% |
| 2010 | -- | $170,452 |
| 2009 | -- | $170,452 +1.3% |
| 2008 | -- | $168,340 +5.6% |
| 2007 | -- | $159,360 +126.4% |
| 2006 | $1,472 -4.1% | $70,400 |
| 2005 | $1,534 +649% | $70,400 +12.5% |
| 2004 | $205 -10.8% | $62,560 |
| 2003 | $230 +35.5% | -- |
| 2002 | $169 -7.1% | -- |
| 2001 | $182 -80.1% | -- |
| 2000 | $915 | -- |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$9,859/mo
Principal & interest
$8749
Property taxes
$1110
Climate risks
Neighborhood: 30028
Nearby schools
GreatSchools rating
- 6/10Poole's Mill ElementaryGrades: PK-5Distance: 2.7 mi
- 6/10Liberty Middle SchoolGrades: 6-8Distance: 3.9 mi
- 9/10West Forsyth High SchoolGrades: 9-12Distance: 2.7 mi
Schools provided by the listing agent
- Elementary: Poole's Mill
- Middle: Liberty - Forsyth
- High: West Forsyth
Source: FMLS GA. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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