550 S Rays Road Stone Mountain, GA $ 875,000
550 S Rays Road
$ 875,000
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550 S Rays Road

Stone Mountain, GA, 30083
$ 875,000
Bedrooms2 Baths1.0

Monthly Estimate*

$ 5,816

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Lots and Land for sale in Stone Mountain, GA

for $875,000 with 2 bedrooms and 1 full bath. This property was built in 1965 on a lot size of 18.52.

Welcome to an unparalleled real estate opportunity in Dekalb. This expansive parcel of land presents a rare chance to craft your vision! Property Highlights include 18.3 acres of pristine, undeveloped land featuring a stunning 3.5-acre pond, adding natural allure and recreational potential. Zoned RA 5 Residential, offering versatility for various development projects. Potential for two entry points, enhancing accessibility and convenience. Suitable for a range of possibilities, including the development of 30+ single-family homes or the creation of a magnificent private estate. This property presents an exceptional canvas for developers seeking to create a thriving residential community. With ample space and zoning conducive to single-family housing, envision crafting a neighborhood that harmonizes with the surrounding environment while meeting the needs of modern homeowners. Alternatively, for those desiring a secluded retreat, this expansive parcel offers the ideal setting for a private estate. Imagine building your dream home amidst lush greenery, with the tranquil pond serving as a picturesque backdrop for everyday living. One of the standout features of this property is its accessibility to essential utilities. Public water and sewer connections are available, along with natural gas and electric power infrastructure, streamlining the development process and ensuring convenience for future residents. Conveniently situated, this property enjoys proximity to key amenities, schools, shopping centers, and major transportation routes . Don't Miss Out! Seize the opportunity to make your mark in the real estate landscape with this exceptional property.

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Lots and Land Active

Price

$ 875,000

Bedrooms

2

Full Bath

1

Property Type

Lots and Land

Taxes

$ 3,015

Style

Ranch

Lot Size

18.52

Year Built

1965

Town/City

Stone Mountain

County/Region

Dekalb

MLS | Web ID

7339735

Features
General
Utilities Electricity Available Natural Gas Available Phone Available Sewer Available Water Available
Possession Close Of Escrow
Zoning RA-5
HOA 0
Patio/Porch Features None
Architectural Style Ranch
Security Features None
Year Built 1965
View Trees/Woods
Levels One
Property SubType Single Family Residence
Tax Year 2023
Current Use Residential
Waterfront Features Y
Community Features None
County Dekalb - GA
Property Type Land
HOA / Comm Assn No
Subdivision Name None
Possible Use Residential
Other Structures None
Status Active
Directions From Dunwoody I-285 East then follow signs for I-285 East Augusta/Macon. Take exit 41 for GA-10 Memorial Dr. Make left onto Memorial Dr. Right onto Rockbridge Rd. Right onto S.Rays Rd. 550 is on the
High School Clarkston
City Stone Mountain
Body of Water None
Zoning Description Developed/Zoned Residential
Street Name Rays
Elementary School Allgood - Dekalb
Property Attached Y/N No
Tax Annual Amount 3015
Home Warranty Y/N No
Middle/Junior High School Freedom - Dekalb
Property Condition Fixer
Days on Market 89
Standard Status Active
Occupancy Type Vacant
Tax Lot 14
Legal Description 540x832x376x913
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Exterior
Vegetation Heavily Wooded
Fencing Barbed Wire
Lot Features Pond on Lot
Lot Dimensions x540x832x376x913
Lot Size Acres 18.52
Road Surface Type Gravel
Lot Size Source Owner
Road Frontage Type Private Road
Other Equipment None
Horse Amenities None
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Interior
Full Baths 1
Half Baths 0
Street Suffix Road
Total Bedrooms 2
Room Type Bedroom
Main Level Bedrooms 2
Main Level Bathrooms 1
Total Baths 1
Master Bathroom Features Shower Only
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Internal Only
Street Number 1 550
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* Excluded Features
List By
Joyce Teitelman

Listing Agent

Berkshire Hathaway Homeservices Georgia Properties

Broker

joyce.teitelman@bhhsgeorgia.com

Email

Affordability Calculator

$6,067
Per Month
96%
4%
0%
Monthly Principal & Interest
$5,816
Monthly Property Taxes
$251
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
1929283 Elementary School
1927643 Middle School
Clarkston High School High School
Pricing History
DatePricePrice ChangeDescription
5/16/2024$875,000 -10.26% Price Down
2/16/2024$975,000 Listed Price

Map


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550 S Rays Road, Stone Mountain, GA, 30083 is a Lots and Land for sale at $875,000 with a lot size of 18.52. 550 S Rays Road has 2 bedrooms, 1.0 baths, and was built in 1965. The property's zip code is 30083 which is in Stone Mountain, GA