Last Sold Price
33,541 Lot Size0.77 Acres
516 Kelly Mill Rd, Cumming, GA 30040

Description

Rare Investment Opportunity in the Heart of Cumming Welcome to a unique real estate opportunity at 516 Kelly Mill Rd, where your investment dreams can take shape on an expansive 0.77-acre lot! This prime piece of land is perfectly situated in a rapidly growing area and offers incredible potential for developers, investors, or those seeking their own slice of paradise. This property stands out as a rare find. With its ideal setting and unmatched potential, 516 Kelly Mill Rd is not just land; it’s...Rare Investment Opportunity in the Heart of Cumming Welcome to a unique real estate opportunity at 516 Kelly Mill Rd, where your investment dreams can take shape on an expansive 0.77-acre lot! This prime piece of land is perfectly situated in a rapidly growing area and offers incredible potential for developers, investors, or those seeking their own slice of paradise. This property stands out as a rare find. With its ideal setting and unmatched potential, 516 Kelly Mill Rd is not just land; it’s an invitation for savvy investors ready to capitalize on. One of sellers is a licensed real estate agent in Georgia.
LISTING CLOSED: 12/16/2025 12:00 AM

  1. Listed by Dan Bin Yang • HomeSmart • 770-282-0180

Property Details for 516 Kelly Mill Road

Status
MLS #
7617713
Days on Market
113
Taxes
$1,178 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Land / Other
Year Built
-
Lot Size
0.77 AC
Subdivision Complex
none
Property Attached
No
Waterfront Features
None

Recent comparable sales

Median sold price

$451,000

Avg days on market

60

Sale-to-list ratio

83.4%

[Cumming, GA]

9 comparable properties found

$295,000 | 3259 Castleberry Road, Cumming, GA 30040
1

$295,000

Sold 06/18/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
1.6
Acres
$178,000 | - Greenwood Acres Drive, Cumming, GA 30040
2

$178,000

Sold 11/04/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
2.05
Acres
a view of a garden with plants
3

$451,000

Sold 10/30/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
2.08
Acres
4

$120,007

Sold 12/15/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.83
Acres
$130,000 | 4980 Fenwick Drive, Cumming, GA 30040
5

$130,000

Sold 09/30/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
1.18
Acres
$700,000 | 1 Legacy Academy Boulevard, Cumming, GA 30040
6

$700,000

Sold 08/29/24

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
5.76
Acres
7

$750,305

Sold 04/23/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.34
Acres
8

$697,890

Sold 04/25/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.39
Acres
9

$544,400

Sold 03/26/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.04
Acres

Location

Listing Courtesy of HomeSmart, Dan Bin Yang

Sold By Berkshire Hathaway HomeServices Georgia Properties, FlordeMaria Montenegro

Add your commute

Building Information for 516 Kelly Mill Road

Lot Size0.77 AC

Payment Calculator

$1,008 per month

30 year fixed, 6.55% Interest

Principal and Interest

$910

Property Taxes

$98

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 516 Kelly Mill Road

Summary
Location and General Information
  • Community Features: None
  • Directions: GPS or From 400, take exit 14, turn to Kelly Mill Road, house is on left, land is next to the house.
  • Lake Name: None
  • View: Other
  • Coordinates: -84.156073, 34.203563
Taxes and HOA Information
  • Parcel Number: 128 609
  • Tax Year: 2024
  • Association: No
  • Tax Legal Description: 2-1 13, land lying and being in land lot 13 of the 2nd district, 1st Section, Forsyth County, Georgia, located on the south side of Kelly Mill Road, being that certain 0.79 depicted on the plat of survey recorded at Plat Book 155, Page 115.
  • Tax Lot: 13
School Information
  • Elementary School: Kelly Mill
  • High School: Forsyth Central
  • Middle School: Otwell
Agent
Payment and Rate
  • Concessions Amt: $2,000.00
Interior and Exterior Features
Interior Features
  • Other Equipment: None
  • Timber: Mixed
  • Total Half Baths: 0
  • Bathrooms Total Interger: 0
  • Bathrooms Total Decimal: .00
Exterior Features
  • Dock: None
  • Fencing: Partial, Wood
  • Horse Amenities: None
  • Road Surface Type: Asphalt
  • Security Features: None
  • Pool Private: No
  • Road Frontage Type: City Street
  • Other Structures: Residence
Property
Utilities
  • Utilities: Cable Available,Electricity Available,Natural Gas Available,Phone Available,Water Available
Property and Assessments
  • Home Warranty: No
  • Current Use: Residential
  • Possession: Close Of Escrow
  • Possible Use: Office
Lot Information
  • HabitableResidenceYN: No
  • Lot Features: Cleared, Level
  • Acreage Source: Owner
  • Waterfront Footage: 0.0
  • Vegetation: Other
  • Current Zoning: R1
Multi Family
Income & Expenses Information
  • Swim/Tennis Fee Due: None
Rental
Rent Information
  • Terms: Other
  • Occupant Types: Vacant

Property History for 516 Kelly Mill Road

DateEvent & SourcePriceAppreciation
Oct 10, 2025

Sold (Public Record)

Public Record #1917765568

$265,000
Oct 10, 2025

Sold (Public Record)

Public Record #1917765568

$265,000

+12.8% / yr

Feb 14, 2014

Sold (Public Record)

Public Record #411146799

$65,000
DateEvent & SourcePrice
10/10/2025

Sold (Public Record)

Public Record #1917765568

$265,000
10/10/2025

Sold (Public Record)

Public Record #1917765568

$265,000

+12.8% / yr

02/14/2014

Sold (Public Record)

Public Record #411146799

$65,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 516 Kelly Mill Road

Taxable ValueLand$23,440Additions$35,600Total$59,040
Tax Record2025$1,448 ($121 / month)
Home Facts
Beds2Total Finished SqFt705 SqFtAbove Grade Finished SqFt705 SqFtStories1Lot Size10,019 SqFtStyleSingle Family ResidenceYear Built1981ZoningR1CountyFORSYTHAPN128 525

Schools near 516 Kelly Mill Road

This home is within Forsyth County School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
Kelly Mill Elementary
PublicPK to 5

Hendricks Middle School
Public6 to 8

Forsyth Central High School
Public9 to 12

New Hope Elementary School
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 516 Kelly Mill Road, Cumming, GA 30040
$179,000
33,541
$179,000
33,541
$265,000
2
705
10,018
$510,000
3
2,185
101,930
3
1
1,248
12,632
$205,000
3
2
1,315
12,632

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of HomeSmart, Dan Bin Yang

Based on information from one of the following Multiple Listing Services:FMLS,FMLS_CS,GAMLS,Middle GA MLS,Columbus Board of REALTORS, Northeast Georgia Board of REALTORS.Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by FMLS,FMLS_CS,GAMLS, Middle GA MLS,Columbus Board of REALTORS, Northeast Georgia Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.