Bank-Owned Opportunity 8 Private Acres Main Home + Multiple Structures + Workshop + Pool Investor Upside Rare opportunity to acquire a private 8-acre estate in the growing Stockbridge corridor featuring multiple structures, privacy, and exceptional upside for the right investor or visionary buyer. As you enter the gated property and travel down the private drive, the setting immediately reveals the true value of this property-acreage, privacy, and multiple living structures rarely found in this location. The main residence offers 3 bedrooms and 2 bathrooms, with a spacious great room centered around a fireplace. The oversized owner's suite features tray ceilings, a sitting area or office space, and a large walk-in closet, providing a strong foundation for a beautiful renovation. As you walk through the home, the opportunity becomes clear. Much of the work needed appears cosmetic in nature, allowing the next owner to refresh and modernize the space while creating immediate value and equity. The screened porch is currently dried in and can easily be restored to its original open screened design, reconnecting the home to the surrounding acreage. The outdoor space already offers the framework for a private retreat, featuring an expansive deck and in-ground pool overlooking the property. In addition to the main residence, the property includes a separate 1-bedroom, 1-bath tiny home, ideal for rental income, guest quarters, a studio, or private office. A 3-4 car carport with attached office/workspace adds additional functionality for storage, hobby space, or a home-based business. While the main improvements occupy roughly two acres of the property, the remaining acreage offers additional open space and future possibilities for the next owner. Buyers are encouraged to explore potential uses that may be permitted with the county. For investors who understand vision and value, this property represents a light-to-moderate cosmetic opportunity with substantial upside. With the right updates, this estate has the potential to become a stunning private compound. Sold As-Is. Cash or renovation financing preferred. Properties offering acreage, privacy, and multiple structures rarely become available in this area of Stockbridge. Bring your vision and unlock the potential of this 8-acre estate.
Listed By
Agency Name: First United Realty, Inc.
Agency Phone: 770-650-2825
Shown By
Agency Title: Crye-Leike Real Estate Services
Agency Phone: 866-253-4666
Estimated Payment
$ 1,484.05 per month $867.75 Principal & Interest $502.58 Property Tax $113.72 Homeowner's InsuranceCrye-Leike is a full-service real estate company founded in Memphis in 1977. Today it is ranked #4 in the nation and the largest real estate company serving markets in Tennessee, Arkansas, Georgia, Mississippi. Crye-Leike has a network of more than 2,800+ licensed sales associates, 600+ staff members and over 130+ branch and franchise offices located throughout a seven state region of Alabama, Arkansas, Florida, Georgia, Kentucky, Mississippi, and Tennessee. Crye-Leike also has a franchise location in Puerto Rico.
924 Highway 138 E | MLS# 10756025
This single family home located at 924 Highway 138 E, Stockbridge, GA 30281 is currently listed for sale with an asking price of $389,900. This property was built in 1997 and has 3 bedrooms and 2 full baths.Search Stockbridge real estate on www.clhomes.com today.