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17 Grove Park Place

Atlanta, GA 30318

Kate Varn
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770-480-5107
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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 10722343
3 Bedrooms
2 Bathrooms
3 Half Baths
12,000 Square Feet *estimated
Summary of 17 Grove Park Place
3 houses + lot Addresses (17 11 & 14 )Grove park place nw atlanta ga 30318 17 has the additional lot attached BELTLINE DEVELOPMENT OPPORTUNITY | GROVE PARK - ATLANTA (30318) 1.67 ACRES | TOWNHOME PROJECT | HIGH UPSIDE PRIME LOCATION Closing handled by KATZ DURELL ATTORNEYS AT LAW 6065 Roswell Road, Suite 880 Atlanta, GA 30328 Strategically positioned in Grove Park with the Atlanta BeltLine directly behind the property-one of the most powerful drivers of appreciation and buyer demand in Atlanta. DEVELOPMENT SUMMARY * Site: 1.67 Acres (3 houses + 1 lot assembled) * Zoning: R4 (potential for higher density - buyer to verify) * Planned Product: 18-22 Modern Townhomes * Height Potential: Up to 3 stories * Layout: Ideal for efficient, repeatable construction FINANCIAL SNAPSHOT * Purchase Price: $1,400,000 * Projected Sellout (ARV): ~$13,000,000 * Estimated Total Cost: ~$7.5m * Projected Profit: ~$4m+ INVESTMENT HIGHLIGHTS BeltLine adjacency = premium resale pricing Rapidly appreciating West Atlanta submarket Strong demand for modern townhome product Scalable build plan (maximize efficiency + margins) Opportunity to increase density via rezoning BUILDER / DEVELOPER EDGE * Optimized for cost-efficient construction * Repetitive unit design reduces build complexity * Ideal for builders targeting sub-$150/sq ft execution * High margin potential with disciplined cost control VALUE-ADD OPPORTUNITY * Rezoning / density increase potential * Product positioning for premium BeltLine buyers * Ability to phase construction for cash flow management IDEAL BUYER * Infill developers * Townhome builders * Build-to-sell or build-to-rent investors * Groups seeking scalable urban projects
This 3-bed, 2-bath residence in Atlanta offers the flexibility of a non HOA setting while still providing comfortable everyday living. Inside, the home offers 12,000 square feet of finished living space, giving plenty of room for everyday living and easy entertaining. The kitchen functions as the heart of the home with ample counter space, storage, and a natural connection to the main living areas. Open concept living and dining spaces create a comfortable setting for gatherings of all kinds. Step outside to approximately 1.67 acres, creating a comfortable setting for outdoor living and weekend gatherings. Practical parking available makes everyday living easier for households with multiple vehicles. Set outside of a formal subdivision, this address in Atlanta offers a more independent feel with no mandatory HOA. This home has been available for approximately 4 days and continues to attract interest. Currently offered at $1,400,000, this home delivers a strong combination of space, condition, and location.
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17 Grove Park Place - Map & Directions
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Facts & features
School District Information
High School
Middle School
Elementary School
Additional Information about
None
Association
No
Additional Information about
17 Grove Park Place
County
Neighborhood
Year Built
1951
Appliances
Other
Architectural Style
Brick 4 Side
Foundation
Slab
Construction Materials
Aluminum Siding
Heating
Forced Air
Home Warranty
No
Laundry Features
None
Levels
One
Financing Available
Cash
Conventional
FHA
VA Loan
Selling Status
Fixer
Roof
Composition
Rooms
Bonus Room
Sewer Type
Public Sewer
Total Finished Area
12,000
Utilities
Cable Available
Water Source
Public
Land Information
Lot Size
1 to 2 Acres
Lot Size Estimated
1.67
Garages and Parking Information
Tax Information
Taxes
$3,825
Tax Year
24
Tax ID Number
14 014500100161
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listed by real estate agent albert e collier and trelora realty, inc.