5159 Covington Highway, Decatur, GA 30035

The Rains Team
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404-620-4571
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Our Financing Partner
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 10488863
4 Bedrooms
3 Bathrooms
0 Half Baths
2,455 Square Feet *estimated
Summary of 5159 Covington Highway
Exceptional Multi-Property Investment Opportunity - Prime Assemblage on Covington Highway Seize a rare and highly versatile investment opportunity with this unique assemblage of three contiguous properties, collectively offering 4.62 acres of valuable real estate with approximately 40 feet of frontage along Covington Highway. This portfolio is ideally suited for a variety of development or renovation strategies, from enhancing the existing homes to constructing a small residential community. Its strategic location just minutes from Highway 285 ensures excellent connectivity and long-term value growth. Property Breakdown: Lot 1:A spacious 4-bedroom, 3-bathroom home encompassing 2,357 square feet of finished living space, plus an additional 391 square foot unfinished basement-perfect for customization or expansion. The home sits on a generously sized 0.66-acre lot, offering ample yard space and privacy. Lot 2:A charming 3-bedroom, 2-bathroom residence featuring 1,891 square feet of interior space, along with a 300 square foot unfinished basement. Set on a substantial 1.39-acre lot, this property offers both comfort and future development potential. Lot 3:A cozy 3-bedroom, 1-bathroom home offering 1,264 square feet of living area, situated on a sprawling 2.57-acre lot. Ideal for personal use, rental income, or as a candidate for redevelopment. Total Combined Acreage: 4.62 Acres With a flexible layout and diverse structures, this assemblage offers multiple paths for return on investment: Renovate and lease existing residences Develop a boutique housing enclave Subdivide and sell parcels individually Hold for long-term appreciation in a rapidly developing corridor Key Highlights: Prime location on Covington Highway Easy access to major thoroughfares, especially I-285 Approximately 40 feet of road frontage Flexible zoning potential (buyer to verify) Seller is open to offers on individual lots-see additional listings #10488862 and #10488863 for separate details. This is a compelling acquisition for investors, developers, or visionaries seeking a strategically located, multi-parcel property with excellent upside potential.
Set outside of a traditional subdivision in Decatur, this well cared for 4-bedroom, 3-bath home offers space, comfort, and freedom from HOA restrictions. Thoughtfully planned, the interior provides 2,455 square feet of finished living space with an open, livable feel from room to room. The kitchen was planned for both everyday meals and special occasions, with plenty of room to cook, serve, and connect. A central family room and dining area provide a welcoming place to unwind, gather, and enjoy time together. Outside, the property offers approximately 0.7 acres, giving ample room to relax, play, or plan future outdoor projects. The property includes parking available for multiple vehicles, offering convenience for residents and guests. The location provides quick access to Decatur amenities while offering the flexibility of living outside a subdivision with no required HOA. After roughly 256 days on the market, this home remains a strong option in the area. Currently offered at $350,000, this home delivers a strong combination of space, condition, and location.
5159 Covington Highway - Map & Directions
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I75/85 S to I20 E, Exit 247 toward Augusta. Take Exit 67, I285 N toward Greenville. Take Exit 44, Glenwood Rd Exit. Turn R onto Glenwood Rd. Turn R onto Covington Hwy. Property on R.
School District Information
High School
Middle School
Elementary School
Additional Information about
None
Association
No
Community Features
None
Street Lights
Additional Information about
5159 Covington Highway
County
Neighborhood
Year Built
1964
Appliances
Dishwasher
Gas Water Heater
Microwave
Oven/Range (Combo)
Refrigerator
Architectural Style
Brick 4 Side
Ranch
Basement
Partial
Construction Materials
Brick
Cooling
Electric
Central Air
Flooring
Carpet
Hardwood
Laminate
Heating
Electric
Forced Air
Home Warranty
No
Interior Features
High Ceilings
In-Law Floorplan
Kitchen Features
Breakfast Bar
Levels
One and One Half
Financing Available
Cash
Conventional
FHA
VA Loan
Selling Status
Resale
Roof
Composition
Rooms
Family Room
Laundry
Security Features
Carbon Monoxide Detector(s)
Security System
Smoke Detector(s)
Sewer Type
Septic Tank
Showing Info
Septic Tank
Listing Conditions
As Is
Total Finished Area
2,455
Utilities
Cable Available
Electricity Available
High Speed Internet
Natural Gas Available
Sewer Connected
Water Source
Public
Dock
Yes
Land Information
Lot Size
.5 to 1 Acre
Lot Features
None
Lot Size Estimated
0.7
Water Front Features
No Dock Or Boathouse
Garages and Parking Information
Parking Total
2
Parking Features
Carport
Tax Information
Taxes
$4,330
Tax Year
23
Tax ID Number
15 162 05 020
listed by real estate agent kimberly branch and keller williams realty atl. partners