1152 Conway Rd Decatur: Teardown and Rebuild Lot
Builders looking for land in an in-demand pocket should take a close look at 1152 Conway Rd Decatur. Offered off market at $399,000, the value here is the 13,939-square-foot lot, not the house standing on it.
The opportunity
The current home is a 1947 three-bedroom, one-bath cottage of 1,098 square feet, and the most practical path is a complete teardown. Clearing it leaves room for a luxury custom residence or a high-end spec build. The surrounding streets are filled with upscale homes holding strong resale values, and the projected after-repair value for a new build is $1,400,000.
- Price: $399,000
- Lot: 13,939 sq ft
- ARV: $1,400,000
- Existing structure: 3 bed, 1 bath, 1,098 sq ft, built 1947
Help with the build
If you would rather not assemble a team from scratch, a general contractor, a builder and a lender are all available to work with the buyer on this project.
Access
The property is vacant and accessible with a Supra lockbox, and the documents for the deal have already been uploaded.
For agents and buyers
Offers on Conway Road are accepted only as PDF attachments sent to nilpatel@kw.com, and that inbox is also the place for questions, since texts are not being watched. O’Kelley & Sorohan, LLC in Tucker (770-492-0046) will hold the earnest money and serve as the closing attorney.
