4654 Hope Springs Road

A 3.54-acre multi family in Stone Mountain.

Investors, Builders, and Developers, this is a prime location, peaceful, quiet and private. Fabulous space for assisted living facility, townhomes or single family homes. DeKalb County density requirements say you can build 16+ townhomes OR 8 single-family homes or assisted living facility. This gem was used for many years as a community center AKA Mountain View Pool and Recreation Association. The main structure and cottage were initially built in 1952 and offer a community center with a commercial kitchen, a cottage residence, and an outbuilding. There is an unused tennis court, an Olympic-size pool, and Bath House which can be revitalized or razed. DeKalb County Permitted additions were made around 1990. According to DeKalb County records, the effective year built is 1991. The zoning is R100. Permitted Zoning is R-60, RNC, MU-1, MU-2, MR-1, C-1, OI, OIT, NS, RSM.
So many opportunities! Feasibility Study for Assisted Living Facility is available in listing documents. R-60 Zoning allows for around 18 units, minimum sq ft 1200 excluding garage and porch with minimum 6,000 sq ft lot per dwelling.. Visit and walk the property at your leisure. Please contact the listing agent to see the interior of the community center and the interior of the cottage. Don't miss out on this wonderful opportunity!! Call today!! MAKE AN OFFER!!!!

Property details

Where it sits

Mortgage estimate

An estimate of your monthly payment, including principal, interest, taxes, and insurance. Property taxes for this listing are $3,398 annually.

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