Jonathan Starns has purchased a nearly 26-acre site on Coursey Boulevard on which he is planning to develop a 110-lot subdivision to be called Coursey Cove.
The new development will be accessed off the north side of Coursey Boulevard, just west of Jones Creek Road, near the Neighborhood Walmart at 14241 Coursey Blvd.
Starns purchased the property under his limited liability company DAGR for $1,993,750 or about $80,000 per acre. The sellers were John K. and Helen C. Cooper, and the deal closed on Aug. 7. Coursey Cove will feature lots measuring about 50 feet-by-125 feet, and will be improved with homes in the $225,000 to $275,000 range. Construction is scheduled to begin this fall.
“We have been working on this for over a year,” says Starns. “We got the site rezoned to A2.7 for residential development and had to have the plat approved with the city before we could close. All that has been completed, so we were able to close the sale.”
Appraiser Tom Cook owns Cook Moore and Associates. Reach him at 293-7006 or mail to: TCook@cookmoore.com.
