INVESTOR SPECIAL Rare 1+ Acre Value-Add with Brand-New Roof in High-Growth SW Atlanta Corridor Vacant | Sold As-Is | High-Yield Flip, BRRRR, or Redevelopment Play A rare combination of land, location, and built-in sweat equity. Situated on an expansive 1.17-acre lot inside Fulton County, this property offers multiple high-margin exit strategies in an active revitalization corridor surrounded by recent renovations and ground-up builds. Major CapEx Already Covered with Brand-new roof installed, eliminating significant upfront capital expense and protecting framing during build-out, floor plan is larger than records show, closer to 1,500 Sq Ft. Existing layout and previous additions provide the ideal canvas for an immediate value-add conversion from a 3/1 to a high-ARV 3/2 or 4/2 primary suite configuration. Massive Land Upside (1+ Acre) with Ample acreage for an ADU (Accessory Dwelling Unit), secondary structure, workshop, or potential lot subdivision/redevelopment (subject to zoning/survey). The property is minutes to I-285, I-20, MARTA, Downtown Atlanta, and Hartsfield-Jackson Airport—strong fundamentals for future resale or high-demand rental cash flow. 100% Vacant. Property Snapshot: Current Layout: 3 Beds | 1 Bath (High conversion potential to 3/2 or 4/2) Living Area: ~1,500 Sq Ft Lot Size: 1+ Acre (Expansive, wooded parcel) Roof: Brand-New (2026) Terms: Cash, Hard Money, or Private Lending | As-Is Sale | Clean Title Maximize your margins through a strategic flip, execute a full-equity cash-out refi via BRRRR, or unlock long-term upside through land development.
Wilson Mill Meadows, located between I-285 and the Chattahoochee River, is a residential and suburban Atlanta neighborhood with wooded streetscapes and a low-key, cul-de-sac rhythm. The neighborhood’s character concentrates around the Roswell Road (GA-9) and Abernathy Road corridor, where coffee counters, chef-driven dining rooms, and small storefront services keep the sidewalks active. Nearby, the Sandy Springs Performing Arts Center at City Springs, The Select, and Pontoon Brewing serve as recognizable local pillars for nights out and weekend routines. Homes lean toward late-20th-century builds with generous setbacks and mature tree cover. Daily life orbits around parks, river trails, and the Sandy Springs civic core. The geography reads as a green buffer between Buckhead’s commercial energy and the river’s recreation belt.
Provided by Walk Score and Local Logic
Offer insights
244 Dollar Mill Rd SW · $125,000
$126K and above
75% chance or better to win
Why $126K+ is a strong offer
DAYS ON MARKET
17 days
The average home goes pending in 46 days.
SALE-TO-LIST
97.8%
Most homes are selling 2% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Interior features
9-foot ceilings on main level
No common walls
Crawl space basement
Bedrooms
4 bedrooms on the main level
Primary suite on main level
Bathrooms
1 full bathroom on the main level
Kitchen
Eat-in kitchen with cabinets and laminate counters
Second kitchen
Kitchen opens to family room / offers view to family room
Microwave
Refrigerator
Laundry & utility
Main level laundry room
Electric dryer hookup
Washer
Dryer
Gas water heater
Tankless water heater
Heating & cooling
Central heating
Central air
Exterior features
Rain gutters
Front yard wood fencing
Shed(s)
Workshop
Home design
One level
Wood siding construction
Shingle roof
Property listed as fixer
Parking
Covered carport with 2 carport spaces
Construction
Block foundation
Utilities
Public water available
Septic tank sewer
Electricity (110V and 220V)
Natural gas available
Sewer available
Water available
Electricity and solar
View estimated energy costs and solar savings for this home
Prime Investor Opportunity on Over 1 Acre - New Roof - High-Growth Area Welcome to 244 Dollar Mill Road SW, a vacant 3-bedroom, 1-bath home offering exceptional upside in one of Atlanta's most rapidly developing and sought-after areas. Sitting on over 1 acre of land, this property presents a rare opportunity for investors, renovators, or builders seeking space, flexibility, and long-term value. With approximately 1,500+ square feet including added living space, the home offers a generous footprint ready for renovation or reconfiguration. Multiple additions have already been made, providing the opportunity to modernize, expand, or redesign to maximize value. A brand-new roof is already in place-eliminating a major capital expense and allowing you to focus on interior improvements. The location is a standout feature. Centrally located near MARTA, major expressways, and key transit corridors, the property offers quick access to Midtown, downtown, shopping, dining, and employment centers. The surrounding neighborhood is booming with renovations and new construction, further enhancing the investment potential. Highlights include: *3 Bedrooms / 1 Bath *Approx. 1,500+ Sq Ft (with additions) *Over 1 Acre of Land *Brand-New Roof *Vacant and Ready for Renovation *Prime Location Near Transit & Expressways *Surrounded by Renovated Homes and New Builds Whether you're planning a renovation, expansion, or redevelopment, this property offers size, location, and upside that are increasingly hard to find in Atlanta. Sold As-Is. Ideal for Investors, Builders, or Cash Buyers. Bring your vision and capitalize on the growth happening all around you.
GAMLS #8401586
Aug 17, 2018
Sold
$85,000
$57/sq ft
Aug 16, 2018
Pending
—
Jun 19, 2018
Listed
$87,500
$58/sq ft
Investor's dream! Spacious 3 bedroom 1 bath in Atlanta sought after area, with long term tenant. Updated kitchen and bathroom. Tenant has been in place for 8 years and is happy to continue. PLEASE DO NOT DISTURB TENANT, APPOINTMENT WITH AGENT ONLY.
GAMLS #7031331
Nov 7, 2013
Price Changed
$46,000
$31/sq ft
Feb 14, 2013
Pending
—
Feb 14, 2013
Sold
$46,000
$31/sq ft
Feb 14, 2013
Price Changed
$50,000
$33/sq ft
Dec 28, 2012
Listed
$50,000
$33/sq ft
Public Records
Feb 28, 2013
Sold
$46,000
$31/sq ft
GAMLS #3286013
Dec 1, 2012
Listing Removed
—
Sep 19, 2012
Listed
$50,000
$33/sq ft
FMLS #3992709
Oct 15, 2010
Listing Removed
—
Oct 14, 2010
Sold
$8,000
$5/sq ft
Public Records
Jan 13, 2004
Sold
$155,000
$103/sq ft
Public Records
Apr 3, 2003
Sold
$55,000
$37/sq ft
Public Records
Dec 1, 1988
Sold
$49,000
$33/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$1,833 (−3.7%)
$21,680 + $23,120
$44,800
2024
$1,903
$21,360 + $25,120
$46,480
2023
$1,903 (+1.2%)
$21,360 + $25,120
$46,480
2022
$1,881 (+39.4%)
$21,360 + $25,120
$46,480
2021
$1,350 (+59.0%)
$13,200 + $20,120
$33,320
2020
$849 (+1.7%)
$6,440 + $14,280
$20,720
2019
$835 (+68.1%)
$6,320 + $14,000
$20,320
2018
$497 (+73.2%)
$6,320 + $14,000
$20,320
2017
$287 (−0.3%)
$4,560 + $7,440
$12,000
2016
$288 (−0.2%)
$2,000 + $4,640
$6,640
2015
$288 (−4.3%)
$2,000 + $4,640
$6,640
2014
$301 (+22.7%)
$2,000 + $4,640
$6,640
2012
$245 (+72.5%)
$1,680 + $3,840
$5,520
2011
$142 (−87.1%)
$1,680 + $3,840
$5,520
2010
$1,106
$8,120 + $16,920
$25,040
2009
$1,106
$8,120 + $16,920
$25,040
2008
$1,106
$8,120 + $16,920
$25,040
Public record
Public record
Zoning
Beds
3
Baths
1
Stories
1
Lot width
—
Lot depth
—
Lot size
1.17 Acres
Year renovated
—
Finished Sq. Ft.
1,032
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,032
Year built
1950
Style
Single Family Residential
County
Fulton County
APN
14F0050 LL0401
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 11, 2026.
R-4
Single-Family Residential District
The intent of this chapter in establishing the R-4 Single-Family Residential District is as follows: To provide for the protection of existing single-family communities and the development of new communities on lots of medium size at a density of not more than 1 dwelling unit per 9,000 sq ft.; To provide for the development of recreational, educational and religious facilities as basic elements of a balanced community.
Permitted uses
Include but are not limited to:
Housing-Single unit
Educational / school
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
5/10 Heat Factor
5 days above 103° expected this year, 11 days in 30 years
6/10 Wind Factor
27% chance of strong winds in next 30 years
3/10 Air Factor
3 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Atlanta, GA • 30331
Average low and high temperatures (°F)
51
33
62
40
72
48
79
56
80
62
87
69
91
74
84
69
84
67
76
55
67
47
57
38
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
71/ 100
Good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
7.4 hrs
4.2 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 244 Dollar Mill Rd SW
$118,977
$6,023 under list price of $125K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $110K to $225K.