Builder/Developer Opportunity with NO HOA! – 3.9 Acres in Prime East Cobb Location! Exceptional opportunity for builders, developers, investors, or buyers looking to create something special in highly desirable East Cobb. Situated on approximately 3.9 acres with no HOA, this property offers endless possibilities for renovation, redevelopment, or a potential teardown. Whether you're looking to fix up the existing home, build your dream estate, or explore future development potential, this property offers a rare chance to secure a sizable piece of land in a sought-after location. Enjoy the flexibility and privacy of acreage while remaining convenient to shopping, dining, parks, and major commuter routes. Bring your vision and unlock the potential this unique property has to offer! Property is being sold as-is. Buyer to perform all due diligence regarding zoning, development potential, utilities, and any intended improvements.
Single-familyProperty Type
1974Year Built
3.9 acresLot Size
$466Price/Sq.Ft.
2 car garageParking
Listed by Brandi Mathieu• T.A. Mathieu Realty, LLC
Make a winning offer with the help of a local agent
Around this home
Schools
K - 12
Preschool & daycare
Sope Creek Elementary School
Public PreK-5 • Assigned • 1.6mi
9/10
Dickerson Middle School
Public 6-8 • Assigned • 1.5mi
9/10
Walton High School
Charter 9-12 • Assigned • 3.0mi
10/10
Provided by GreatSchools
About East
Cobb
East Cobb, located between the Chattahoochee River National Recreation Area and Historic Marietta Square, is a residential and suburban Marietta neighborhood with wooded creek corridors and a strong parks-and-trails culture. The neighborhood’s character concentrates around Johnson Ferry Road at Lower Roswell Road, where coffee counters, local eateries, and everyday errands cluster in a steady hum of traffic and patios. Community pillars include The Avenue East Cobb, the Georgia Symphony Orchestra at the Jennie T. Anderson Theatre, and the weekly Marietta Square Farmers Market. Streets shift from mid-century ranches to newer brick traditionals, with cul-de-sacs and rolling terrain shaping the blocks. Terrell Mill Park and the Sope Creek trails set a weekend rhythm of river walks and shaded runs. Dining and shopping lean toward small plazas and locally rooted spots rather than a single main street.
Provided by Walk Score and Local Logic
Offer insights
4261 Paper Mill Rd SE · $1,900,000
$1.9M and above
75% chance or better to win
Why $1.9M+ is a strong offer
DAYS ON MARKET
18 days
The average home goes pending in 54 days.
SALE-TO-LIST
97.9%
Most homes are selling 2% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
Two fireplaces, including one in the family room
Two-story entrance foyer
9-foot upper-level ceilings
His-and-hers closets
No common walls
Bedrooms
4 bedrooms: 3 on the main level and 1 upstairs
Bathrooms
3 full bathrooms and 1 half bathroom
Main-level primary bathroom with double vanity
Kitchen
Breakfast room
Eat-in kitchen
Dishwasher, refrigerator, self-cleaning oven
Laundry & utility
Laundry room
Exterior features
Courtyard
Private entrance
Fenced backyard
Front porch and rear porch
In-ground pool
Home design
One-and-a-half-story home
Parking
2-car garage
Construction
Brick exterior on all four sides
Composition roof
Utilities
Ceiling fans and central air
Natural gas heating
Public water and sewer
110-volt electricity
Cable, electricity, natural gas, phone, sewer, and water available
Underground utilities
Electricity and solar
View estimated energy costs and solar savings for this home
Builder/Developer Opportunity with NO HOA! – 3.9 Acres in Prime East Cobb Location! Exceptional opportunity for builders, developers, investors, or buyers looking to create something special in highly desirable East Cobb. Situated on approximately 3.9 acres with no HOA, this property offers endless possibilities for renovation, redevelopment, or a potential teardown. Whether you're looking to fix up the existing home, build your dream estate, or explore future development potential, this property offers a rare chance to secure a sizable piece of land in a sought-after location. Enjoy the flexibility and privacy of acreage while remaining convenient to shopping, dining, parks, and major commuter routes. Bring your vision and unlock the potential this unique property has to offer! Property is being sold as-is. Buyer to perform all due diligence regarding zoning, development potential, utilities, and any intended improvements.
FMLS #7645077
Oct 7, 2025
Listing Removed
—
Sep 10, 2025
Listed
$1,900,000
$466/sq ft
FMLS #7649357
Oct 7, 2025
Listing Removed
—
Sep 10, 2025
Listed
$1,900,000
$466/sq ft
TURBOTENANT #1
Apr 27, 2025
Rental Removed
$4,000
$1/sq ft
Apr 17, 2025
Listed for Rent
$4,000
$1/sq ft
GAMLS #10287381
Jul 1, 2024
Rental Removed
$4,500
$1/sq ft
May 15, 2024
Price Changed
$4,500
$1/sq ft
Apr 25, 2024
Listed for Rent
$4,900
$1/sq ft
FMLS #7345589
Jun 22, 2024
Listing Removed
—
Apr 22, 2024
Price Changed
$1,900,000
$466/sq ft
Mar 1, 2024
Listed
$2,200,000
$540/sq ft
GAMLS #10261091
Jun 22, 2024
Listing Removed
—
Apr 22, 2024
Price Changed
$1,900,000
$466/sq ft
Mar 1, 2024
Listed
$2,200,000
$540/sq ft
GAMLS #8924685
May 5, 2021
Listing Removed
—
Feb 4, 2021
Listed
$1,250,000
$307/sq ft
GAMLS #8924686
May 5, 2021
Listing Removed
—
Feb 4, 2021
Listed
$1,250,000
$307/sq ft
FMLS #6728057
Sep 10, 2020
Sold
$970,000
$238/sq ft
Aug 26, 2020
Pending
—
May 22, 2020
Listed
$1,075,000
$264/sq ft
GAMLS #8792241
Sep 10, 2020
Sold
$970,000
$238/sq ft
Aug 26, 2020
Pending
—
May 22, 2020
Listed
$1,075,000
$264/sq ft
GAMLS #8792242
May 23, 2020
Listed
$1,075,000
$264/sq ft
GAMLS #8706528
May 10, 2020
Listing Removed
—
Dec 12, 2019
Listed
$1,075,000
$264/sq ft
GAMLS #8706154
May 10, 2020
Listing Removed
—
Jan 22, 2020
Listing Removed
—
Dec 11, 2019
Listed
$1,075,000
$264/sq ft
GAMLS #3212521
Sep 29, 2014
Price Changed
$770,000
$189/sq ft
Nov 2, 2012
Sold
$770,000
$189/sq ft
Oct 29, 2012
Listing Removed
—
Oct 29, 2012
Price Changed
$850,000
$208/sq ft
Oct 17, 2012
Price Changed
$850,000
$208/sq ft
Oct 17, 2012
Relisted
—
Oct 3, 2012
Listing Removed
—
Sep 6, 2012
Relisted
—
Aug 21, 2012
Listing Removed
—
Jul 24, 2012
Price Changed
$900,000
$221/sq ft
May 22, 2012
Price Changed
$935,000
$229/sq ft
Apr 6, 2012
Listed
$950,000
$233/sq ft
Public Records
Nov 13, 2012
Sold
$770,000
$189/sq ft
FMLS #5003331
Nov 7, 2012
Price Changed
$770,000
$189/sq ft
Nov 7, 2012
Listing Removed
—
Nov 3, 2012
Pending
—
Nov 2, 2012
Sold
$770,000
$189/sq ft
Nov 2, 2012
Price Changed
$850,000
$208/sq ft
Oct 29, 2012
Contingent
—
Oct 16, 2012
Price Changed
$850,000
$208/sq ft
Oct 16, 2012
Relisted
—
Oct 10, 2012
Pending
—
Oct 3, 2012
Contingent
—
Sep 6, 2012
Relisted
—
Aug 29, 2012
Pending
—
Aug 21, 2012
Contingent
—
Jul 24, 2012
Price Changed
$900,000
$221/sq ft
May 22, 2012
Price Changed
$935,000
$229/sq ft
Apr 4, 2012
Listed
$950,000
$233/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$12,655 (−1.9%)
$235,200 + $184,800
$420,000
2024
$12,893
$235,200 + $192,444
$427,644
2023
$12,893 (+2.2%)
$235,200 + $192,444
$427,644
2022
$12,617 (+7.1%)
$235,200 + $180,524
$415,724
2021
$11,776 (+171.3%)
$225,360 + $162,640
$388,000
2020
$4,341
$235,200 + $169,728
$404,928
2019
$4,341 (+1.7%)
$235,200 + $169,728
$404,928
2018
$4,266 (−60.9%)
$235,200 + $144,808
$380,008
2017
$10,925 (+292.6%)
$235,200 + $144,808
$380,008
2016
$2,783 (−8.0%)
$158,400 + $143,848
$302,248
2014
$3,024 (−64.4%)
$158,400 + $143,848
$302,248
2013
$8,483 (−9.4%)
$144,000 + $139,144
$283,144
2012
$9,365 (−0.2%)
$190,000 + $120,000
$310,000
2011
$9,381 (−26.9%)
2010
$12,840
2009
$12,840
2008
$12,840
Public record
Public record
Zoning
Beds
3
Baths
3.5
Stories
1
Lot width
—
Lot depth
—
Lot size
3.9 Acres
Year renovated
—
Finished Sq. Ft.
4,077
Unfinished Sq. Ft.
—
Total Sq. Ft.
4,077
Year built
1974
Style
Single Family Residential
County
Cobb County
APN
16125900120
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 12, 2026.
R-80
Single-Family Residential District
The R-80 district is established to provide locations for single-family residential uses or residentially compatible institutional and recreational uses which are within or on the edge of properties delineated for any residential category as defined and shown on the Cobb County Comprehensive Plan: A Policy Guide, adopted November 27, 1990. When residentially compatible institutional and recreational uses are developed within the R-80 district, they should be designed and built to ensure intensity and density compatibility with adjacent single-family detached dwellings and otherwise to implement the stated purpose and intent of this chapter.
Permitted uses
Include but are not limited to:
Equestrian facility
Livestock production
Automotive sales
Housing-Group
Housing-Single unit
Recreation
Golf related
Communications tower
Park & open space
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
5/10 Heat Factor
7 days above 102° expected this year, 18 days in 30 years
4/10 Wind Factor
17% chance of strong winds in next 30 years
5/10 Air Factor
6 unhealthy days expected this year, 8 days in 30 years
Provided by First Street
Historical weather
Marietta, GA • 30067
Average low and high temperatures (°F)
50
33
60
40
71
49
78
56
78
62
86
69
91
74
83
69
84
66
72
55
66
48
56
38
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
92/ 100
Exceptional sunlight
Sunscore
This home receives average direct sun exposure in Marietta. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.9 hrs
5.9 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 4261 Paper Mill Rd SE
$1,884,144
$16K under list price of $1.90M
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $840K to $2.0M.