Home for Sale at 1075 Johnson Brady Road, Canton, GA 30115

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1075 Johnson Brady Road
Canton, GA 30115

Brittany Brady with ERA Sunrise Realty, original listing - (770) 720-1515

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Property Details

List Price:	$6,269,000
Beds:	4
Baths:	Full: 2
Status:	Active
SqFt:	0 Square Feet
Agency:	ERA Sunrise Realty
Agency Phone:	(770) 720-1515

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Description/Comments

Lot Size:	49 acre(s)
Property Type:	Land-Multi Family
Year Built:	1982
Notes:	Discover a rare opportunity in the highly desirable Macedonia area of Canton, GA. This expansive 49-acre property offers an incredible combination of privacy, versatility, and investment potential, featuring three single-family homes and one mobile home, making it ideal for a family compound, multi-generational living, rental income, or future development.<br /> Enjoy direct lake frontage on Garrison Lake, providing peaceful water views and endless opportunities for outdoor recreation, relaxation, and nature appreciation. The property’s gently rolling landscape and natural surroundings create a serene retreat while still offering convenient access to shopping, dining, and major roadways.<br /> Located within the highly sought-after Creekview School District, this property offers the perfect balance of rural tranquility and desirable location. Whether you’re looking to establish a private estate, expand your real estate portfolio, or explore development possibilities, this one-of-a-kind property presents unlimited potential.<br /> Property features 4 separate residential addresses (1075, 1105, 1005 & 1085 Johnson Brady Road)<br /> Property is separated into 6 tax parcel Ids:<br /> 03N05224, 03N05223B, 03N05223A, 03N05221, 03N05223, 03N05223C
MlsNumber:	--
ListingId:	7693428

Listing Provided By:	ERA Sunrise Realty, original listing
Phone:	(404) 713-5235
Office Phone:	(770) 720-1515
Agent Name:	Brittany Brady
Disclaimer:	Copyright © 2025 First Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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HUD Foreclosures

HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest.

The two largest also being government owned and operated means that they have less time to wait to make money back on the home. The FHA is especially known for selling HUD homes for less than the average sales price in a given area. FHA foreclosures represent a fraction of HUD but they are still a significant number of homes and both should be considered.

VA (Veterans Administration) and HUD (Housing and Urban Development) have different and unique opportunities for the buyer. Both are often forgiven for the local taxes normally associated with the purchase of a home (this is on a county by county basis). Be sure to ask the local title company or escrow company to look into it for you before closing as this is often missed due to their are not used to dealing with the 2 to 3 percent of the market that VA and HUD foreclosures represent.

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Foreclosure Listings Increasing

As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale.

This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments.

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