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ENDANGERED PROPERTIES FOR SALE
McLemore Cottage Price: $95,000
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Listed in the National Register of Historic Places, the cottage was built in 1864 by Chesly Bostwick and Elizabeth Thigpin McLemore. In 1964, two of Chesly and Elizabeth's granddaughters, Inez Sharpe McGregor and Lois Sharpe Mathews, lovingly restored the cottage. Following nearly 150 years of continual ownership, the family generously donated the McLemore Cottage to The Georgia Trust's Endangered Properties Program. The McLemore Cottage is in good condition, with two bedrooms and one bath on the first floor and a large sleeping loft on the second floor. The house has electric heaters, window unit air conditioners, and large fireplaces in both the living room and detached kitchen. The 3.68 acres has an early smokehouse, well house, picnic area and historic cemetery. The Georgia Trust is a nonprofit statewide preservation organization. The Endangered Properties program was established to provide effective alternatives to demolition or neglect of architecturally and historically significant properties by promoting their rehabilitation and monitoring their preservation in perpetuity. All properties sold through our Endangered Properties program have conservation easements in place to ensure the historic integrity of the property is retained. Additionally, buyers are required to sign a Rehabilitation Agreement and all work done to the property must abide by The Secretary of the Interior’s Standards for Rehabilitation. Copies of these documents will be provided by The Georgia Trust for review. About The Georgia Trust Revolving Fund program The Georgia Trust is a non-profit statewide preservation organization, part of a network of local, state and national organizations dedicated to the preservation of significant historic resources. The Revolving Fund Program was established to provide effective alternatives to demolition or neglect of architecturally and historically significant properties by promoting their rehabilitation and monitoring their preservation in perpetuity. A buyer of a Revolving Fund property must sign a Reserved Conservation Easement and Preservation Agreement. The easement, which ensures the historic integrity of the property is retained, is attached to the deed in perpetuity and is monitored by The Georgia Trust. The preservation agreement specifies that all work done to the property must follow the Secretary of the Interior's Standards for Rehabilitation, and provides a rehabilitation schedule that indicates all work will be completed in a reasonable amount of time.
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