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Land

488 MONUMENT AVE SE, Atlanta Sold

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This property has been sold and is no longer accepting inquiries. It remains listed for reference.
Asking price
$299,900
Lot size
0.20 acres
Price / acre
$1,499,500.00
Sale type
Property subtype
RESID
Lot size
0.20 acres
Zoning
Frontage
Listing #
EN-19771
MLS #
10190882

A lot more than just a residential lot. All the steps that have already been taken in preparation to rebuild make this lot of tremendous value with a great location in the heart of Atlanta to build your dream home. The single-family home which was on this lot was taken down by the seller to rebuild a brand-new home with his specifications. Unfortunately, covid - 19 prevented the seller to pursue his plans at the time. The lot has a complete reusable foundation approved by an engineer for a two-story new house ready for framing. The seller is including architectural plans for a five-bedroom, 4-bath, 3000 sq ft home. The property has a Zoning variance approved by the city to be built on the current footprint or equally close to the sides and the street on new foundations. Lot has all reusable utilities inside the old foundation walls including water, sewer, and gas. It also has a wired temporary power pole ready for construction. There is a paved driveway on the left side of the property from the street to the back of the home. This is an exceptional location with an easy walk to the East Village (two blocks) yet a safe distance away from the crowds and noise on a side street off Glenwood. The property has been surveyed by the seller, all the leg work has been done, and expenses including demolition have been paid for to get the site ready. The seller's loss is your gain. Take advantage of this amazing opportunity to build your dream home in the heart of Atlanta.

Location

GAMLS
Listed by Realty One Group Edge
© 2021 Georgia MLS. All rights reserved. Information Deem Reliable But Not Guaranteed. · MLS# 10190882

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DEKALB County snapshot

DeKalb County, located just east of Atlanta, is a large, densely populated county with a population that has been relatively stable to modestly growing in recent years, supported by its proximity to the Atlanta metro job market. It has a socioeconomically diverse population with a wide range of income levels—generally middle-income overall, with more affluent pockets near Emory University and Decatur, and lower-income areas in the southern parts of the county. Economically, the county benefits from a mix of established residential communities, healthcare and education anchors (like Emory and the CDC), and ongoing commercial development, giving it a mature but still evolving business environment. For a small business buyer, this suggests a market with steady, diverse consumer demand rather than explosive growth, where success often depends heavily on the specific neighborhood or submarket within the county.

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