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1740 Gratis Rd, Monroe, GA, 30656

2beds
2baths
1,300sqft
$1,300,000
$1,000price/sqft
$8,158/moest. monthly cost
$326,320/yrincome needed

About This Home

Charming 11+ Acre Gated Property with modern home, open build-ready land, and endless potential !! Welcome to your private retreat just 7 minutes from downtown Monroe-where tranquility meets convenience. This gated 11+ acre property offers exceptional versatility, modern living spaces, and multiple cleared areas perfect for future expansion or development. Built in 2023, the main home is a cozy 1-bedroom, 1-bath residence featuring contemporary finishes and appliances only 2 years old. A few steps away, the detached guest house provides an additional bedroom and private bathroom-ideal for visitors, extended family, or rental income opportunities. A significant portion of the land has been thoughtfully cleared and leveled, making it perfectly suited for additional homes, workshops, or agricultural use. In one corner of the property, a specially prepared area is ready to accommodate a generously sized barn or large storage building. For equestrian enthusiasts, the property also includes a dedicated horse stable. The brand-new fencing, completed in November 2025, lines the front and back of the property, enhancing both security and curb appeal. Located minutes from Monroe's shops, restaurants, and entertainment, this property offers a rare blend of peaceful rural living with easy access to city amenities. With its spacious layout, cleared build-ready land, and prime location in a rapidly growing area, this estate is also an excellent investment opportunity for builders or developers looking to create new homes in a high-demand market. Whether you're seeking a serene homestead, multi-use acreage, or your next development project, this property is a must-see.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
21
BikeSomewhat Bikeable

Schools

5/10
Monroe Elementary SchoolGrades PK-53.2 mi
6/10
Carver Middle SchoolGrades 6-84.0 mi
5/10
Monroe Area High SchoolGrades 9-123.3 mi

Construction

Condition

  • Property condition: Updated/Remodeled
  • Year built: 2023

Materials

  • Foundation: Slab
  • Roof: Composition,Metal
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Country/Rustic,Ranch
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dryer,Oven,Refrigerator,Washer
  • Laundry features: In Hall

Basement

  • Basement: None

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bathrooms: 2
  • Main level bedrooms: 2

Features

  • Master On Main Level,Tile Bath
  • Flooring: Hardwood
  • Attic: Pull Down Stairs
  • Finished area below ground: 0
  • Finished area above ground: 1,300
  • Common walls with other units/homes: 1 Common Wall

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,300
  • Total interior livable area: 1,300 sqft

Kitchen

  • Features: Solid Surface Counters

Property

Details

  • Parcel number: C1210017B00
  • Attached to another structure: Yes

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Deck
  • Fencing: Fenced
  • Has view: Yes
  • View description: Valley
  • Residential vegetation: Cleared,Partially Wooded

Lot

  • Lot size: 11.01 Acres
  • Features: Level,Open Lot,Private

Parking

  • Parking features: Carport,Detached
  • Carport: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hail
    HailModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Hail
Ice Storm
Lightning
Strong Wind
Tornado

FEMA Declared Disasters Across Georgia Counties

Hurricane
Severe Storm
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $6,573$78,876
Home Insurance *$586$7,032
Property Taxes $780$9,360
Electricity $219$2,637
Total$8,158$97,896
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$279,702/yr
40% on housing$244,740/yr
45% on housing$217,546/yr

Georgia FAIR Plan Programs

Georgia Underwriting Association

Covered
WildfireWildfire
Add-on available
WindWind
Visit Website →

Georgia Underwriting Association - Coastal

Covered
HailHail
WindWind
Visit Website →
Current Policies
Residential: 8,778Commercial: 638
Total Premiums$16.25M
Total Exposure$2.20B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 6.9%
6.9%
0%30.0%
Electricity Growth Rate10-year average: 5.5%
5.5%
0%15.0%
Property Taxes Growth Rate2-year average: 2.3%
2.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$1,000This listing

vs Other Active Listings

Avg $/sqft

ZIP 30656$190
Walton County$180

vs Homes Sold Last Month

Median $/sqft

ZIP 30656$188
Walton County$171

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2025-11-16Listed for sale$1,300,000
2023-03-28Sold$300,000
2020-10-23Sold$248,000
2004-11-10Sold$170,000

For Sale by Agent

AgentKimberly Sanchez
BrokerageThe Atlanta Home Experts

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