Rare opportunity to own 6.98 acres in highly desirable Buford within Gwinnett County. Nestled conveniently between I85 and I985, shopping, dining, medical offices, great schools and parks. While this property host a spacious 6 bedroom, 4 bath move in ready home, the value lies in the land. This property represents a unique blend of potential and location, making it a highly sought-after opportunity for a variety of buyers; the home offers a great foundation with room for growth for a living assisted/memory care community, family compound, mini farm or secluded luxury estate. This is also a great opportunity for builders and developers to take advantage of the prime location for a new development.Don't miss the chance to secure this exceptional piece of real estate in a thriving community. Schedule your private showing today to see this rare gem.
Single-familyProperty Type
1986Year Built
6.98 acresLot Size
$326Est. Price/Sq.Ft.
2 spacesParking
Listed by Caroline Colonna• Heartland Real Estate, LLC
Bought with KENYON IRVIN• First United Realty, Inc.
Source:FMLS #7639172
Redfin Estimate
$1,112,715
$87K since sold in October 2025$4,000 since August
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 71.2% higher than the average sale price ($650K) of 6 comparable homes.
Rare opportunity to own 6.98 acres in highly desirable Buford within Gwinnett County. Nestled conveniently between I85 and I985, shopping, dining, medical offices, great schools and parks. While this property host a spacious 6 bedroom, 4 bath, large laundry room (big enough to fit 2 washers, one dryer and two refrigerators), and is in move in ready home condition, the value lies in the land. This property represents a unique blend of potential and location, making it a highly sought-after opportunity for a variety of buyers; the home offers a great foundation with room for growth for a living assisted/memory care community, family compound, mini farm or secluded luxury estate. This is also a great opportunity for builders and developers to take advantage of the prime location for a new development.Don't miss the chance to secure this exceptional piece of real estate in a thriving community. Schedule your private showing today to see this rare gem.
GAMLS #10593688
Oct 31, 2025
Sold
$1,200,000
$351/sq ft
Sep 4, 2025
Contingent
—
Aug 28, 2025
Listed
$1,300,000
$381/sq ft
GAMLS #10592805
Aug 28, 2025
Listing Removed
—
Aug 28, 2025
Listed
$1,300,000
$381/sq ft
Public Records
Nov 23, 2022
Sold
$110,000
$32/sq ft
GAMLS #7200617
Sep 1, 2014
Listing Removed
—
Jul 31, 2014
Price Changed
$625,000
$183/sq ft
Feb 3, 2014
Relisted
—
Feb 1, 2014
Listing Removed
—
Dec 31, 2013
Listed
$575,000
$168/sq ft
GAMLS #7036747
Sep 1, 2014
Listing Removed
—
Jul 31, 2014
Price Changed
$625,000
$183/sq ft
Jul 11, 2013
Price Changed
$575,000
$168/sq ft
May 9, 2013
Relisted
—
May 9, 2013
Listing Removed
—
Jan 11, 2013
Listed
$649,000
$190/sq ft
GAMLS #7047048
May 9, 2013
Listing Removed
—
Feb 4, 2013
Listed
$649,000
$190/sq ft
FMLS #5028767
May 8, 2013
Listing Removed
—
Jun 7, 2012
Listed
$649,000
$190/sq ft
GAMLS #3229941
Jan 14, 2013
Listing Removed
—
May 11, 2012
Listed
$649,000
$190/sq ft
GAMLS #3055735
Apr 28, 2012
Listing Removed
—
Apr 29, 2011
Listed
$799,900
$234/sq ft
Public Records
Sep 29, 1993
Sold
$100,000
$29/sq ft
Public Records
Oct 15, 1987
Sold
$160,000
$47/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$7,586 (+11.9%)
$103,280 + $117,320
$220,600
2024
$6,780 (+7.7%)
$103,280 + $97,280
$200,560
2023
$6,294 (+30.8%)
$103,280 + $97,280
$200,560
2022
$4,814 (−2.5%)
$103,280 + $97,280
$200,560
2020
$4,935 (+31.1%)
$53,360 + $96,400
$149,760
2019
$3,763 (−0.1%)
$40,160 + $64,400
$104,560
2018
$3,767 (−1.3%)
$40,160 + $64,400
$104,560
2017
$3,817 (+0.8%)
$40,160 + $64,400
$104,560
2016
$3,788 (−1.1%)
$40,160 + $64,400
$104,560
2015
$3,829 (+1.5%)
$40,160 + $64,400
$104,560
2014
$3,772 (+767.2%)
$31,560 + $61,840
$93,400
2013
$435 (−90.0%)
$31,560 + $61,840
$93,400
2012
$4,362 (−2.8%)
$31,560 + $61,840
$93,400
2010
$4,489 (+10.6%)
$63,560 + $74,200
$137,760
2009
$4,058
$63,560 + $74,200
$137,760
2008
$4,058
$63,560 + $74,200
$137,760
Tax history for 3080 Wallace Rd
Year
Property tax
Land + Additions
Assessment*
2025
$7,586 (+11.9%)
$103,280 + $117,320
$220,600
2024
$6,780 (+7.7%)
$103,280 + $97,280
$200,560
2023
$6,294 (+30.8%)
$103,280 + $97,280
$200,560
2022
$4,814 (−2.5%)
$103,280 + $97,280
$200,560
2020
$4,935 (+31.1%)
$53,360 + $96,400
$149,760
2019
$3,763 (−0.1%)
$40,160 + $64,400
$104,560
2018
$3,767 (−1.3%)
$40,160 + $64,400
$104,560
2017
$3,817 (+0.8%)
$40,160 + $64,400
$104,560
2016
$3,788 (−1.1%)
$40,160 + $64,400
$104,560
2015
$3,829 (+1.5%)
$40,160 + $64,400
$104,560
2014
$3,772 (+767.2%)
$31,560 + $61,840
$93,400
2013
$435 (−90.0%)
$31,560 + $61,840
$93,400
2012
$4,362 (−2.8%)
$31,560 + $61,840
$93,400
2010
$4,489 (+10.6%)
$63,560 + $74,200
$137,760
2009
$4,058
$63,560 + $74,200
$137,760
2008
$4,058
$63,560 + $74,200
$137,760
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Permits
Beds
4
Baths
2
Stories
1
Lot width
—
Lot depth
—
Lot size
6.98 Acres
Year renovated
—
Sq. Ft.
3,416
Year built
1986
Style
Single Family Residential
County
Gwinnett County
APN
R7181 023
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 16, 2026.
RA200
Agriculture-Residence District
This district is comprised of land having a predominantly rural character. It is the intent of the regulations of this zoning district to provide for agriculture, forestry and very low density residential uses and to discourage the subdivision of land for urban development requiring such urban services as a public water supply and sanitary sewers.
Permitted uses
Include but are not limited to:
Greenhouse / nursery
Winery & vineyard
Day care facility
Housing-Single unit
Housing-Mobile home park
Nov 27, 2009 • Final
Building (any single-family structure)
Construct a new addition and complete all required inspections.
Addition
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.