3 months on rocket

550 S Rays Rd, Stone Mountain, GA, 30083

$875,000

18.52 Acres
Land
Schools Nearby

Location

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Property Highlights

Home TypeResidential Lot
WaterfrontPond
ViewSeasonal View
MLS #10254726
Lot Size18.52 Acres
StatusActive

About 550 S Rays Rd

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.

Property Details

Property Features

Listing Office:

  • Office Name: BHHS Georgia Properties
  • Office Phone: (770) 335-2489
  • Listing Agent: Joyce Teitelman

Exterior Features

Exterior Information:

  • Waterfront: Pond
  • View: Seasonal View

Lot Features

Lot Information:

  • Lot: Private
  • Lot Size: 18.52 Acres

School Info

Assigned Schools Information:

  • Clarkston High School, Public District Grades 9-12
  • Freedom Middle School, Public District Grades 6-8
  • Allgood Elementary School, Public District Grades PK-5

Other

Directions Information:

  • 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 left 2/3rds down. Gravel driveway leads to property.

Price Information

Listing Price Info

Price Summary:

  • List Price: $875,000
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Housing Market Comparison

See how this home compares to others in Stone Mountain, GA.

Med. Sold Price

$289.7K

Med. Price/SqFt

$154

Avg. Days On Market

38

# of Sold Homes

122

550 S Rays Rd vs Stone Mountain

105 DAYS ON ROCKET

+67 Days

$875,000

+$585.2K More

KEY TAKEAWAY

This property is $585.2K more than the Median Sold Price in Stone Mountain, GA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Georgia MLS 2
  • MLS Number: #10254726

Listing Office:

  • Office Name: BHHS Georgia Properties
  • Office Phone: (770) 335-2489
  • Listing Agent: Joyce Teitelman

IDX Based on information from the Georgia MLS © 2024.

All information provided is deemed reliable but is not guaranteed and should be independently verified. GAMLS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser GAMLS and this broker assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.

DMCA Notice
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/31/2024, 7:20:37 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$4,435

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,690

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-5753258
5
/10
  • Allgood Elementary School

  • 659 Allgood Rd

  • 0.28 miles

  • Public District Grades PK-5

Middle School

school-card-donut-5753259
4
/10
  • Freedom Middle School

  • 505 S Hairston Rd

  • 1.06 miles

  • Public District Grades 6-8

High School

school-card-donut-5753260
3
/10
  • Clarkston High School

  • 618 N Indian Creek Dr

  • 1.62 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $65,083. The most common annual income of people living in Stone Mountain, GA is between $35k-100k. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 550 S Rays Rd

What is the listing price of this property?

The listing price of 550 S Rays Rd property is $875,000.

What type of property is this?

The property 550 S Rays Rd is land located in Stone Mountain, Georgia, 30083.

Is this property for sale now?

Active Listing: 550 S Rays Rd is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 550 S Rays Rd are:
Allgood Elementary School: GreatSchools Rating 5/10
Freedom Middle School: GreatSchools Rating 4/10
Clarkston High School: GreatSchools Rating 3/10

How much acreage is this property?

The property 550 S Rays Rd is 18.52 acres.
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Rocket HomesGeorgiaDeKalb CountyStone Mountain30083550 S Rays Rd

This home is located at 550 S Rays Rd in Stone Mountain, GA and zip code 30083. This home sits on a 18.52 acre lot. It has been listed on Rocket Homes since February 16, 2024 and is currently priced at $875,000.

Stone Mountain, GA housing market in April 2024 saw over 28 listings sold above listed price, more than 35 sold at listed price and over 49 sold below. Between March 2024 and April 2024, Stone Mountain, GA real estate market has seen increase in the number of listings by 8.7%. Listings spent 38 days on the market in April 2024, and had a median list price of $289,726 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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