Rockhaven Homes recently purchased over 400 acres in Clayton County from the Lyniece Talmadge family for an undisclosed amount.
Rockhaven plans to develop the parcel into one of the largest single-family housing developments in south metro Atlanta. The builder recently had the land, which was marketed as Still Water Estate, annexed into the city of Lovejoy. The site overlooks the J.W. Smith County Reservoir and has been in the Talmadge family for four generations.
SSG Realty Partners, an Atlanta-based land investment advisory firm, represented the Talmadge family in the sale, which is part of a broader strategy to sell over 900 acres that surround the reservoir. The firm is marketing the land in three large parcels.
SSG Realty previously arranged the sale of a 130-acre tract to Geosam Capital. The acreage will be a part of a planned, 1,200-acre, mixed-use development known as The Grove.
“The Rockhaven transaction reflects the rapid growth and demand for high-quality residential land in south metro Atlanta,” said Peyton Stinson, regional partner and director of SSG’s Residential Land Group. “It has been an honor to work with the Talmadge family to ensure their landholdings are thoughtfully master-planned in order to unlock the maximum value for future development.”