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$1,100,000
3 Days On Site

4958 Presidents Way
Tucker, GA 30084

For Sale|Single Family Residence|Active
0
Beds
0
Total Baths
Subdivision:
None
County:
Dekalb
Listing Courtesy Of: Shaletha Colbert of HomeSmart Broker: 404-913-6289 Prefer Ph#:transactions@realestateislitt.com

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4958 Presidents Way4958 Presidents Way4958 Presidents Way4958 Presidents Way
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RARE 6.09-ACRE RESIDENTIAL DEVELOPMENT ASSEMBLAGE IN TUCKER. Offered together as one cohesive development opportunity, 4958, 4963 and 4973 Presidents Way comprise three contiguous parcels totaling approximately 6.09 acres at the end of a quiet cul-de-sac. Zoned RSM (Small Lot Residential Mix), the property offers a compelling opportunity for quality new residential construction in an established Tucker community where City planning staff has acknowledged demand for higher-quality new housing. The assemblage combines privacy, accessibility and development potential just minutes from Highway 78, I-285 and I-85, with convenient access to Downtown Tucker, Stone Mountain, shopping, dining and major employment centers. All utilities are available at the site, including public water and sewer, electricity and natural gas. A natural water element traverses a portion of the property and presents an opportunity to thoughtfully incorporate non-buildable space into the character of the future community. Imagine a landscaped water feature, pedestrian bridge, fire pit, splash pad, playground, gathering area or other shared outdoor amenity creating a distinctive focal point for future residents. Recent discussions with the City of Tucker have provided additional clarity regarding current development standards, including a 24-foot minimum width for attached residential units within the RSM district. Potential reconfiguration of the existing cul-de-sac into a hammerhead-style turnaround has also been discussed as a way to potentially improve site efficiency, subject to engineering review and all required City approvals. Because the assemblage encompasses the parcels surrounding the end of Presidents Way, there may also be an opportunity to pursue conversion of the roadway to private control and create a private, gated residential enclave, subject to the City's separate review and approval process. Previous engineering, environmental studies, boundary survey and other property-related due diligence materials are available for buyer review upon request. Seller makes no representations or warranties regarding the feasibility, approval, density, yield, buildable acreage or suitability of the property for any particular development or use. Any conceptual uses or development opportunities referenced herein are for illustrative purposes only and are subject to independent verification and all applicable governmental approvals. Buyer is responsible for conducting its own due diligence regarding zoning, utilities, environmental conditions, development requirements and intended use. Seller is motivated to facilitate a streamlined transaction and welcomes cash offers. Seller will consider price and terms that provide for a shortened due diligence period and expedited closing.

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Listing Snapshot
Price 
$1,100,000
Days On Site 
3 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
6.09 Acres
Year Built 
N/A
MLS® Number 
7835732
Status 
Active
Property Tax 
$4,139
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 days agoListing first seen on site
3 days agoListing updated with changes from the MLS®
General Features
Acres 
6.09
Additional Property Use 
Other
Property Sub Type 
Single Family Residence
Utilities 
Sewer AvailableUnderground UtilitiesWater Available
Zoning 
RSM
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Exterior Features
Fencing 
None
Frontage 
0
Lot Features 
WoodedCul-De-SacPrivateRectangular Lot
Other Structures 
None
Patio And Porch 
None
Road Frontage 
City Street
View 
Trees/Woods
Waterfront Features 
None
Waterview 
Trees/Woods
Community Features
Community Features 
None
Horse Property 
None
Financing Terms Available 
CashConventional
Roads 
Paved
Schools
School District
Unknown
Elementary School
Smoke Rise
Middle School
Tucker
High School
Tucker
Listing Courtesy Of: Shaletha Colbert of HomeSmart Broker: 404-913-6289 Prefer Ph#:transactions@realestateislitt.com

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Neighborhood & Commute
Source: Walkscore
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