Advocates for the preservation of parkland were given another crushing blow as Lennar sold Dean Gardens to "Jen Partners LLC". Ashton Woods designated as the builder for nearly $14.3million (in 2 transactions). A far cry from the rumored asking price of $18million pedaled from some in City Hall, as an excuse not to buy the cherished land.
With 64 plots of approximately .26 -.32 acre, each carries a land value of about $224k. 10 lots have been sold as of June 30th, 2018.
Ashton Woods is marketing the 4 bedrooms, 2 bath homes for $649k. Five bedrooms 4 baths, is listed for $814k.
However, due to much of the land unbuildable and close to the river, the subdivision will NOT have any amenities such as pool, tennis or playground.
The subdivision is assigned to Autry Mill Middle School and JCHS, both overcapacity.
Tyler Perry (aka Barone Trust) sold the land to Lennar in June 2014 for $9,225,000 in a strange and sad rezoning.
Finally, Ashton Woods has been on a clear-cutting and development binge in Johns Creek. They developed Adair Manor off Rogers Bridge Rd, which consists of 64 homes. 14 lots remain unsold.
In conclusion,l Ashton Woods is currently pitching a MASSIVE development in Shakerag. 377 homes, on 200 acres. That zoning case has been deferred till September.
What are your thoughts on Dean Gardens Sold to another developer?