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About This Home

This 0-bedroom, 0-bathroom residential multi family at 620 Ravenwood Drive in Woodstock, GA is listed for $450,000. Built in 1973, on a 0.45 acres lot.

Agent Description

Investor Alert - Prime Downtown Woodstock Redevelopment Opportunity! Rare chance to acquire a 1/2-acre property just a 10-minute walk to Downtown Woodstock, one of the fastest-growing and most desirable destinations in Cherokee County. Positioned within walking distance of restaurants, retail, entertainment, festivals, parks, and schools, this property offers multiple exit strategies for investors, builders, and developers.

Whether you're seeking a rental property, renovation project, fix-and-flip opportunity, land hold, or redevelopment play, the location supports strong long-term value. Surrounded by continued growth and located adjacent to the attractive Haddonstone community, this property sits in the path of ongoing demand and revitalization.

The existing 4-sided brick split-level ranch offers approximately 2,000 finished square feet, featuring 3 bedrooms, 2 bathrooms, multiple living areas, and an unfinished basement with additional storage and expansion potential. A previously screened porch has been enclosed into conditioned living space, adding flexibility for tenants or future renovation plans.

The true value lies in the oversized half-acre lot, a rarity this close to Downtown Woodstock. The generous lot size presents opportunities for redevelopment, custom construction, expansion of the existing home, or a long-term hold in a highly desirable walkable location.

Investors may also wish to explore the potential for rezoning or higher-density residential use, including possible multifamily, townhome, or cottage-style development opportunities, subject to City of Woodstock approval and all applicable zoning requirements.

With strong buyer demand, limited land availability near downtown, and increasing property values throughout the area, this is an opportunity to secure a well-located asset with significant upside potential. Properties offering this combination of walkability, lot size, existing improvements, and future development potential are increasingly difficult to find.

Secure your position in one of North Georgia's most sought-after growth corridors and capitalize on the continued evolution of Downtown Woodstock. Buyer is responsible for independently verifying zoning, land use, density allowances, and redevelopment opportunities with the City of Woodstock.

Key Features

  • Built in 1973
  • 0.45 acre lot
  • 2 stories
  • 3 parking spaces

Property Details

2 stories
3 spaces
1973

Amenities

A/C

Monthly Cost Estimate

$2,407/mo

20% down · 6.5% · 30 years

Principal$325
Interest$1,950
Insurance$131

Estimates only. Actual payments may vary.

Location

620 Ravenwood Drive

Woodstock, GA 30188

Cardinal Woods

Property Details

Construction

Brick

Parking

Garage

Heating

Forced Air

Cooling

Central AirCeiling Fan(s)

Questions & Answers

This 0-bedroom, 0-bathroom residential multi family at 620 Ravenwood Drive is listed at $450,000. The estimated monthly payment is $1,950 based on 20% down at 6.5% interest.

Key features include: Built in 1973, 0.45 acre lot, 2 stories, 3 parking spaces.

This property is listed by REdefined Atlanta Realty Group and can be reached at (770) 874-6200 or info@redefinedatl.com.

RG

REdefined Atlanta Realty Group

Agent at Keller Williams Realty Cityside

(770) 874-6200

Listed by Keller Williams Realty Cityside · View on Broker Site

MLS# 7790688· Source: listhub· Updated 3 days ago

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620 Ravenwood Drive, Woodstock, GA 30188

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