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The Rains Team
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Chimney Rock

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MLS Number 10641797

8 Bedrooms
2 Bathrooms
1 Half Baths
1,951 Square Feet *estimated

This distinctive property features a striking castle-inspired facade and versatile 8-room layout that works for owner occupants seeking flexibility with extra rooms, house hackers looking to offset their mortgage with roommate income, or investors seeking a practically turnkey rental. For investors, this property will perform over a 12% cap rate with over 20% cash-on-cash ROI when operated as co-living or PadSplit, making this an exceptional opportunity in today's market. The property needs some cosmetic updates but offers strong bones and immediate income potential for savvy buyers ready to capitalize on the growing demand for affordable, flexible housing.

Welcome to 3631 Raiders Ridge Drive in Chimney Rock, where this thoughtfully designed 8-bed, 2-bath home is ready for its next chapter. With 1,951 square feet of finished living space, this floor plan offers generous gathering spaces as well as comfortable private retreats. The kitchen functions as the heart of the home with ample counter space, storage, and a natural connection to the main living areas. A central family room and dining area provide a welcoming place to unwind, gather, and enjoy time together. The outdoor space includes approximately 0.37 acres, ideal for gardening, outdoor activities, or simply enjoying the seasons. With parking available, the home provides flexible options for families and visitors. Set within Chimney Rock in Lithonia, this home is close to schools, shopping, dining, and area attractions. With approximately 29 days on the market, this home is well positioned for the next owner. Currently offered at $259,000, this home delivers a strong combination of space, condition, and location.

Take I-20 E to exit 68 for Wesley Chapel Rd, turn right, then left onto Snapfinger Rd; follow it about 3 miles, turn right onto Chimney Rock Way, right onto Raiders Ridge Dr, and left onto Hollow Oak Ln. The house will be on your left.

listed by real estate agent josh stanton and keller williams realty