$495,000

1129 Sanders SE Avenue, Atlanta, GA 30316

  • 4 beds |
  • 2 baths
  • Property Icon Land
  • Property Year Built Icon Built in 1920
  • Property Lot Size Icon0.26acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

Phenomenal Development Or Renovation Opportunity In Ormewood Park Built in 1920, this Southern Craftsman is ready to be reinvigorated and reimagined into a charming residence with great curb appeal. Just a few blocks off the Beltline and central to all of the vibrance offered throughout SE Atlanta, this location continues to increase in value exponentially. The opportunity to realize value through renovation and expansion is significant. With an existing structure over 2,000 square feet, and a lot of .25 acre, the potential to add 500 to 1,000+ square feet is easily attainable. The area supports $430+ per square foot for luxury-caliber development. Expansive rooms, multiple plumbing stacks, and a broad foundation combine to offer combinations to reconfigure space, build up, or expand outward. Historic era hallmarks, such as tile fireplaces, tall ceilings, and heart pine floors are just waiting to be revitalized. The lot depth provides the opportunity for a separate garage and/or ADU. Considering New Development? Capitalize on residential development trends in the surrounding area where luxury duplex construction is quickly taking over in-field lots and building upward. Three-story residences could offer 2,000 to 2,600 square feet, or more, and each could command a price of?over $1M. Situated to face Florida Ave., the structure could have a driveway running parallel to the adjacent commercial property, providing a buffer to the residences, and servicing a two-car garage for each unit. New luxury homes in surrounding neighborhoods of Grant Park, Reynoldstown, Edgewood, Kirkwood and Ormewood Park are rapidly taking over city lots. Homes on similar (or slightly smaller) lots have recently been built that offer over 3,400 square feet of luxury living space, with sales prices reaching over $1.4M. Construction of these new homes—completed or underway—can be seen in the blocks surrounding ?1129 Sanders, with new projects set to begin soon.

Listing Status:
Active
Date Added:
September 13, 2025 at 05:00AM
Listing Office:
Compass : 404-668-6621
Listing Agent:
Creighton Grose : 312-505-3126
MLS ID:
7649235
  • Rooms: Sun Room
  • General: None
  • Style: Craftsman
  • General: One
  • Road/Access: City Street
  • Originating MLS: First Multiple Listing Service
  • County: Fulton - GA
  • Zoning: R4Deed Book 55136 Page 45914 001200080843
  • View: City
  • Fencing: None
  • Current Use: Residential
  • Utilities: Cable AvailableElectricity AvailableNatural Gas AvailableSewer AvailableWater Available
  • Source: First Multiple Listing Service

This listing courtesy of Creighton Grose, Compass

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

P

Parkside Elementary School

685 Mercer St SE, Atlanta, GA, 30312

Grades PK-5

0.95 miles away

A

Atlanta Neighborhood Charter - Middle School

820 Essie Ave SE, Atlanta, GA, 30316

Grades 6-8

0.71 miles away

M

Maynard Holbrook Jackson High School

801 Glenwood Ave SE, Atlanta, GA, 30316

Grades 9-12

0.69 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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