Dawsonville Land - 191 Acres

Off Hwy 136, Dawsonville, GA 30534 | MLS #20165465
Asking Price
$4.58M
$24K/acre
Acreage
191
+/- acres
River Frontage
1+ Mile
Etowah River
Annual Taxes
$1
2023 - verify!
Unique Feature: The Gold Tunnel

The Only Gold Mining Tunnel of Its Kind in the USA

A river flows through it.

  • 9-foot diameter tunnel blasted through ~1,000 feet of solid Georgia granite
  • Built late 1800s - early 1900s during Dahlonega Gold Rush
  • Original purpose: Divert river to expose dry riverbed for gold mining
  • Today: Etowah River flows through original course AND the tunnel
  • Part of historic Dahlonega Gold Belt (first US gold rush - before California)

This is a truly unique historical and geological feature that could be a major tourism draw.

Water Features

Etowah River

Over 1 mile of river frontage along and through the property. Main water feature.

Clear Creek & Buck Creek

Additional creeks feeding through the property.

Spring-Fed Ponds

3 ponds plus a small impoundment. Natural water sources.

Land & Location
TopographyRolling landscape with flat grassy fields, upper plateau with mountain views
VegetationTimber coverage, mountain laurel, rhododendron, doghobble along riverbanks
FeaturesGranite cliffs, boulders, scenic vistas, meadows
PrivacySecluded, protected by heavy wrought-iron gates
InfrastructureGroomed road system throughout, shop building with storage near main pond
Distances
Highway 400Convenient access
Shopping/Dining~10 minutes
DahlonegaFew minutes
Dahlonega WineriesFew minutes
Chattahoochee NFFew minutes
Atlanta~40 minutes
Golf Course Feasibility

Concept: Private/Semi-Private Golf Course

Clubhouse: Elevated plateau with Blue Ridge Mountain views

Course: 18 holes routing along Etowah River and creek corridors

Signature: Historic gold tunnel as landmark feature

Key Coordinates

LocationCoordinatesNotes
Gold Tunnel34.4483, -84.04941,233 ft through granite
Castleberry Bridge34.473, -84.037Upstream, River Mile 140
GA 136 Bridge34.409, -84.020Downstream, River Mile 132

Terrain Assessment

Advantages

  • 191 acres adequate for 18 holes
  • River corridor = natural routing
  • Multiple water features
  • Elevation changes for interest
  • 40 min to Atlanta market
  • Dahlonega wine country nearby

Challenges

  • Floodplain restrictions
  • Steep granite areas
  • Wetland delineation needed
  • Water rights for irrigation
  • Historic tunnel restrictions?

Data Needed

Potential Use Cases

1. Event Venue (Wedding/Corporate)

+ Unique tunnel tours as differentiator
+ River setting for ceremonies
+ 40 min from Atlanta market
+ Meadows for tents/outdoor events
- Significant build-out required
- Zoning verification needed
- Competition in Atlanta market

2. Glamping / Eco-Tourism

+ River access (kayaking, tubing, fishing)
+ Historic tunnel tours
+ Near Dahlonega wine trail
+ Natural setting for luxury camping
- Seasonal demand
- Infrastructure investment
- Liability for water activities

3. STR Compound (Morganton Model)

+ Proven business model
+ Atlanta weekend market
+ Tunnel as unique experience
+ Multiple cabin sites
- High capital requirement
- 2+ hours from Morganton
- New market to learn

4. Conservation / Land Banking

+ $1/year taxes (if accurate)
+ Conservation easement potential
+ Below avg price/acre for county
+ Timber value
- Ties up significant capital
- No cash flow
- Market appreciation uncertain
Due Diligence Checklist
Listing Agent & Links
AgentVictor Dover
Phone706-864-2600
BrokerageDover Realty & Investments Inc
MLS #20165465
Tax IDDAWSON - 100 004 001 ET AL
Research Log
2026-04-10

Initial property search and identification. Compiled listing details from Georgia MLS. Created research folder and documentation. Identified unique gold tunnel feature as key differentiator. Outlined potential use cases and due diligence items.