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How Many Homes Are in Coosawattee River Resort?

The Coosawattee River Resort boasts approximately 4,700 platted lots, but the number of actual homes constructed currently stands at around 3,200. This discrepancy reflects the availability of undeveloped lots awaiting construction, offering potential buyers the opportunity to build their dream homes within this thriving North Georgia community.

Understanding Coosawattee’s Residential Landscape

The Coosawattee River Resort, nestled in the scenic North Georgia mountains, is a vibrant community characterized by its natural beauty, diverse amenities, and a wide range of housing options. Accurately gauging the number of homes within its boundaries requires a nuanced understanding of its history, development phases, and the ongoing ebb and flow of real estate activity. While the initial plat maps envisioned a fully built-out community of nearly 5,000 homes, various factors have influenced the actual number of existing residences. These factors include economic fluctuations, individual owner decisions regarding construction timing, and the evolving preferences of potential homeowners.

The term “platted lots” refers to the legally recorded division of land into individual building sites. However, owning a platted lot doesn’t automatically equate to the presence of a completed home. Many individuals purchase lots with the intention of building in the future, holding them as investments, or simply enjoying the natural beauty without immediate construction plans.

Therefore, while approximately 4,700 lots are platted, a more realistic figure reflecting the current residential landscape is around 3,200 homes built. This number encompasses a variety of dwelling types, ranging from cozy cabins and charming cottages to spacious single-family residences and luxurious mountain retreats.

Factors Influencing Home Construction

Several factors contribute to the gap between the number of platted lots and the number of constructed homes in Coosawattee.

Economic Conditions: National and regional economic trends significantly impact home construction. During periods of economic downturn, construction activity often slows, as potential buyers become more cautious about investing in new homes. Conversely, periods of economic growth tend to stimulate construction and accelerate the pace of development.
Individual Investment Strategies: Many individuals purchase lots as long-term investments. They may choose to hold onto the property for several years before building, anticipating future appreciation in value or waiting for more favorable construction costs.
Personal Preferences: Some lot owners may simply prefer to enjoy the natural beauty of their property without building a home. They might use the land for recreational activities, such as camping or hiking, or simply appreciate the peace and tranquility it offers.
Building Regulations & Costs: Changes in building codes and regulations, as well as fluctuations in the cost of construction materials and labor, can also influence the timing of home construction. More stringent regulations or increased costs can delay or deter some owners from building.
Community Development Plans: The resort’s overall development plans, including the allocation of resources to infrastructure improvements and the promotion of community amenities, can also play a role in attracting new residents and encouraging home construction.

Future Development Potential

Despite the current gap between platted lots and constructed homes, the Coosawattee River Resort still offers significant potential for future development. With its stunning natural beauty, abundance of amenities, and convenient location, the resort continues to attract buyers seeking a peaceful and active lifestyle in the North Georgia mountains. As the economy strengthens and the demand for housing increases, the pace of construction is likely to accelerate, further transforming the residential landscape of Coosawattee. The availability of undeveloped lots presents a unique opportunity for individuals to build their dream homes in a thriving and well-established community.

Frequently Asked Questions (FAQs)

How Many Vacant Lots Are Still Available?

Roughly, 1,500 lots remain undeveloped within the Coosawattee River Resort. This figure is an estimate, as lot ownership and availability can change frequently. Potential buyers are encouraged to contact local real estate agents for the most up-to-date information.

What Types of Homes Are Found in Coosawattee?

Coosawattee boasts a diverse range of home styles, including cabins, cottages, ranch-style homes, two-story residences, and luxury mountain homes. The architectural styles vary, reflecting the individual tastes and preferences of homeowners.

Are There Restrictions on Home Styles or Sizes?

Yes, the Coosawattee River Resort has architectural guidelines and covenants that govern the design, size, and construction of homes. These guidelines are designed to maintain the aesthetic appeal and property values of the community. It is essential for prospective buyers to review these restrictions before purchasing a lot.

What Are the Annual HOA Fees?

HOA fees vary depending on the lot size and the specific amenities included in the homeowner’s package. The fees cover maintenance of common areas, roads, and amenities. Contact the Coosawattee River Resort Property Owners Association for precise details.

What Amenities Are Available to Residents?

Coosawattee offers a wide array of amenities, including river access, swimming pools, tennis courts, a fitness center, a recreation center, miniature golf, and walking trails. Residents also enjoy access to the Coosawattee River for fishing and kayaking.

How Far Is Coosawattee From Major Cities?

Coosawattee is conveniently located approximately 80 miles north of Atlanta, Georgia, and a short drive from other charming mountain towns like Ellijay and Blue Ridge.

What is the Average Lot Size in Coosawattee?

Lot sizes vary significantly within the resort, ranging from approximately one-quarter of an acre to several acres. The size of the lot often depends on its location and terrain.

Are Utilities Available on All Lots?

Most platted lots have access to utilities such as water, electricity, and telephone service. However, it is crucial to verify utility availability with the local service providers before purchasing a lot. Some areas may require septic systems instead of access to public sewer.

Is Coosawattee a Gated Community?

Yes, Coosawattee River Resort is a gated community, providing enhanced security and privacy for its residents.

How Can I Find a Real Estate Agent Familiar With Coosawattee?

Numerous real estate agents specialize in properties within the Coosawattee River Resort. You can find them through online searches, referrals from current residents, or by contacting local real estate agencies. Look for agents with experience in the area and a proven track record.

Are There Any Restrictions on Short-Term Rentals?

Yes, restrictions on short-term rentals exist within Coosawattee. The Property Owners Association has specific rules regarding rental periods and management. Prospective buyers should carefully review these regulations before considering purchasing a property for rental purposes.

What is the Tax Rate in Coosawattee?

The property tax rate in Coosawattee is determined by Gilmer County. The tax rate varies depending on the assessed value of the property and is subject to change. Contact the Gilmer County Tax Assessor’s office for the most current information.