870 Waddington CT, Atlanta, GA 30350
$850,000
Est. payment /mo
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6 Beds
5.5 Baths
7,936 SqFt
Active Under Contract

870 Waddington CT Atlanta, GA 30350

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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 7,936 sqft

Price per Sqft $107

Subdivision Spalding Mill

MLS Listing ID 10765950

Style Other

Bedrooms 6

Full Baths 5

Half Baths 1

HOA Y/N No

Year Built 1981

Annual Tax Amount $5,668

Tax Year 2025

Lot Size 0.898 Acres

Acres 0.898

Lot Dimensions 39116.88

Property Sub-Type Single Family Residence

Source Georgia MLS 2

Property Description

Rare opportunity to complete and customize what is poised to become a stunning luxury new construction residence. Originally purchased by an investor with plans for a full high-end transformation, circumstances have changed before completion, creating a unique chance for a builder, investor, or end user to step into a project with substantial groundwork already completed. This property has undergone extensive site preparation and redevelopment work with approximately $200,000 already invested into the project. The home has been fully taken down to the studs with all previous electrical, plumbing, and interior systems removed - offering a true blank slate ready for construction to begin. Significant grading work has already been completed, including the import of approximately 100 loads of dirt to properly prepare the lot and improve the site for future construction. Major exterior and structural preparation has also been completed, including extensive tree removal, installation of retaining walls, and additional groundwork designed to support the future vision of the property. Valuable materials currently onsite can convey with the sale, including boulders, cedar beams, lumber, and additional building materials. An architectural plan has already been professionally designed at a cost of approximately $20,000 and permits are already in place, allowing the next owner to potentially accelerate the building timeline significantly. The existing pool area also offers flexibility, and options may be available for completion or redesign. The vision for this property was to create a luxury residence that could ultimately compete with surrounding high-end new construction homes and potentially command well over $2 million upon completion depending on final design, finishes, and market conditions. This is not simply a renovation opportunity - it is a chance to take over a partially completed redevelopment project with major upfront costs, planning, demolition, grading, and infrastructure work already addressed. An exceptional opportunity for the right buyer to bring a luxury vision to life while benefiting from the substantial work already completed.

Location

State GA

County Fulton

Rooms

Bedroom Description No

Basement Bath/Stubbed, Unfinished

Interior

Interior Features Master On Main Level, Other

Heating None

Cooling None

Flooring Other

Fireplaces Number 1

Fireplace Yes

Appliance Other

Laundry None

Exterior

Parking Features Garage, Kitchen Level, Garage Door Opener, Side/Rear Entrance

Garage Spaces 2.0

Fence Back Yard

Community Features None

Utilities Available None

View Y/N No

Roof Type Composition

Total Parking Spaces 2

Garage Yes

Private Pool No

Building

Lot Description None

Faces please use GPS thank you!

Foundation Slab

Sewer Public Sewer

Water Public

Architectural Style Other

Structure Type Other

New Construction Yes

Schools

Elementary Schools Dunwoody Springs

Middle Schools Sandy Springs

High Schools North Springs

Others

HOA Fee Include None

Tax ID 06 035700050159

Special Listing Condition Under Construction


Georgia MLS - GAMLS

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Matthew Share

Matthew Share

Broker Associate | License ID: 280286

+1(678) 520-3113

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870 Waddington CT