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5374 Cherry Wood Drive

Stone Mountain, GA 30083

Kate Varn
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770-480-5107
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Ridge Forest Ph 02b
5328 Ridge Forest Drive, Stone Mountain
Smart Mortgage Options
Dalton Carter
Lender
Lic. 1566538
Office:
Direct: 678-425-4140
AP Mortgage
340 Jesse Jewell Parkway
Suite 500A
Gainesville, GA 30501
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For Sale
MLS Number 10715698
2 Bedrooms
2 Bathrooms
0 Half Baths
0 Square FeetNot Provided
Summary of 5374 Cherry Wood Drive
Unlock significant investment potential with this charming ranch-style home located at 5374 Cherry Wood Drive in Stone Mountain. Priced at an attractive $125,000 Cash or conventional only , this property offers an exceptional opportunity for real estate investors seeking a strong return. Boasting a desirable double master bedroom layout this residence is designed for comfortable living and easy maintenance, appealing to a wide range of prospective tenants or future homeowners.The classic brick front exterior provides excellent curb appeal, while the quiet neighborhood ensures a peaceful environment. Built in 1986, this single-level home eliminates the concerns of stairs, enhancing accessibility and broad appeal. A major advantage for investors is NO Homeowners Association (HOA), which translates to lower holding costs and greater flexibility in property management. With an estimated After Repair Value (ARV) of $200,000, this property presents a clear path to substantial equity growth.This affordable investment is strategically located in Stone Mountain, a community offering convenience and a steady rental market. The practical layout, combined with the low-maintenance features and NO HOA fees, makes this an ideal asset for your portfolio. Seize the opportunity to transform this solid foundation into a lucrative investment. This property is ready for its next chapter, promising both immediate value and long-term appreciation for the savvy investor.
Welcome to 5374 Cherry Wood Drive in Ridge Forest Ph 02b, where this thoughtfully designed 2-bed, 2-bath home is ready for its next chapter. Inside, the layout is designed for modern daily living with generous gathering spaces and private retreats. The kitchen was planned for both everyday meals and special occasions, with plenty of room to cook, serve, and connect. Open concept living and dining spaces create a comfortable setting for gatherings of all kinds. The outdoor space includes approximately 0.08 acres, ideal for gardening, outdoor activities, or simply enjoying the seasons. The property includes parking available, offering convenience for residents and guests. Ridge Forest Ph 02b offers a well established community setting in Stone Mountain with convenient access to local shopping, dining, and major routes. On the market for about 13 days, this home offers an excellent opportunity in Stone Mountain. Currently offered at $125,000, this home delivers a strong combination of space, condition, and location.
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5374 Cherry Wood Drive - Map & Directions
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Facts & features
School District Information
High School
Middle School
Elementary School
Additional Information about
Ridge Forest Ph 02b
Association
No
Additional Information about
5374 Cherry Wood Drive
County
Neighborhood
Year Built
1986
Appliances
Other
Foundation
Slab
Construction Materials
Other
Cooling
Ceiling Fan(s)
Central Air
Heating
Central
Home Warranty
No
Levels
One
Selling Status
Resale
Roof
Composition
Sewer Type
Public Sewer
Total Fire Places
1
Water Source
Public
Dock
Yes
Land Information
Lot Size
Less than .5 Acres
Lot Features
None
Lot Size Estimated
0.08
Water Front Features
No Dock Or Boathouse
Garages and Parking Information
Tax Information
Taxes
$4,980
Tax Year
2025
Tax ID Number
18 037 18 042
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listed by real estate agent jeffrey ducreay and exp realty