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Water front homes near Atlanta, Georgia at discount prices
The real estate slump has created some great deals even on rare water front property in the Atlanta area.
By: Earl Hider
The BASS fishing is absolutely fabulous, witnessed by the huge turnout at the twice annual fishing tournament held by the Neighborhood activities committee. Large mouth bass of 10 pounds and more are not uncommon and of course there is an abundance of brim and catfish.
This summertime mecca is located just 30 minutes from downtown Atlanta and offers a wonderful, rural ambience that sort of reminds me of Maybury RFD, not Atlanta, Georgia. Norris Lake was originally created as a 30 acre pond in 1936 and was intended to be a fishing camp with a few small cottages for weekend retreats. Over time more land was flooded and plans evolved to make the area a golf course community. Fortunately, that never happened but most of the small seasonal homes have been replaced by year round houses and new waterfront homes continue to be built.
But even with all of the newer homes, Norris Lake still feels like a page of history. Many residents still own and operate vintage power boats from the 1970's, including Master Craft and Correct Craft, inboard, ski boats. Dotting the shore line are a number of little boat houses built in the 1950's and 60's that are barely big enough for a boat. Yet, right next door you are likely to find a new $80,000 wake board boat, jet ski or pontoon party boat.
Norris Lake is privately owned and access is granted only to resident members and their guests. Thus, on any given summer weekend, you will seldom experience more than a half dozen power boats on the water at a time so you never have the confusion and traffic of Lake Lanier. And speaking of Lanier, even during the peak of the drought when Lanier was virtually un-accessible, Norris was filled to capacity and overflowing the spillway.
Waterfront homes generally are priced between $150,000 and $350,000.
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We are professional home buyers concentrating in the East suburbs of Atlanta. We frequently use pension funds and private investors to buy homes, paying above normal interest rates and offering very secure, safe mortgages as security.