150 Old Hwy 138

Discover a rare opportunity to own 6.3 beautiful, partially wooded acres in sought-after North Fayette featuring two homes and endless potential. Held in the same family for over 60 years, this unique property offers the perfect blend of character, flexibility, and future opportunity. Situated on two corner lots just one parcel off the high-visibility intersection of GA Hwy 138 and Hwy 314, and consisting of two parcels being sold together, the setting provides both privacy and excellent road frontage with strong visibility for possible future commercial consideration.
The main residence, approximately 1,700 square feet, offers four bedrooms and two bathrooms with timeless mid-century touches including classic Pickwick paneling and original pine hardwood floors (currently beneath laminate in some rooms). The spacious kitchen features stainless steel appliances and ample cabinetry and countertop space, while the inviting den showcases a wood-burning fireplace, creating a warm and welcoming gathering space. A charming laundry room and mudroom serve as a functional bonus area overlooking the private, fenced backyard. Outdoors, enjoy a generous patio perfect for entertaining or relaxing evenings under the stars. A charming paver walkway leads to a second patio area, an ideal spot for roasting marshmallows around a cozy evening fire or create the perfect backyard BBQ setup. The main home also features a new water heater for added peace of mind.
In addition to the main home, a separate 2-bedroom, 1-bath cottage of approximately 816 square feet provides exceptional versatility, ideal for an in-law suite, multi-generational living, guest quarters, or an income-producing rental. The cottage features a charming kitchen with engineered hardwood floors and an original farmhouse sink that adds warmth and character, complete with pantry shelving and stove, along with its own washer and dryer, a new electrical box and exterior meter installed in 2025, and a private gravel driveway for convenient, separate access. Each home is serviced by its own septic system. Both residences draw from a natural spring water system that has been in place for over 100 years, faithfully serving the property for generations. An in-ground fire pit enhances the outdoor experience, and additional features include a tool shed and an extra storage shed, offering ample space for equipment, hobbies, or storage needs.
This property truly offers the best of both worlds: a peaceful rural atmosphere surrounded by nature, yet just minutes from Fayetteville’s charming downtown square and historic streetscapes, providing an easy escape from the big-city bustle of nearby Atlanta. Enjoy the serenity of country living while remaining less than 30 minutes to Downtown Atlanta, approximately 20 minutes to Hartsfield-Jackson Atlanta International Airport, and just 10 minutes from I-85 and I-285 for easy commuting. You’re also only 15 minutes from Trilith Studios, designed for the film and creative industries, this unprecedented community features filmmaking studios, homes, shopping and dining, as well as scenic trails and parks, making this location as convenient as it is inspiring. Whether you envision a private estate, multi-generational retreat, or strategic investment opportunity, this North Fayette property delivers location, flexibility, and long-term potential. All its missing is you!