Stately Renovated Colonial | ITP Decatur | Space, Privacy & Flexibility — With Rare Development Upside Welcome home to one of Decatur's best-kept secrets — a beautifully renovated colonial tucked into a quiet, established neighborhood while keeping you firmly inside the perimeter with easy access to everything Atlanta has to offer. This home is being sold tenant-occupied, and the tenant has renewed their lease through June 2027 at $1,950/month (tenant pays all utilities) — making this a rare turnkey opportunity to step into reliable cash flow from day one, or secure your future home while an in-place tenant offsets your mortgage. The renewal gives investors immediate, predictable income with no vacancy gap and no leasing lift required. From the moment you step inside, the thoughtfully opened floor plan invites you in. The brand-new kitchen is a showstopper: double shaker soft-close cabinetry, a custom island, top-tier granite counters, stainless appliances, and a classic beveled white tile backsplash that gives it just the right touch of character. The primary suite delivers the retreat you deserve — a huge walk-in closet and a spa-inspired bath with modern tile work and all-new fixtures. The layout is genuinely versatile: two bedrooms on the main level (including the primary) and a third bedroom downstairs in the finished basement — ideal for guests, a home office, or a house-hacking setup. Step outside to a surprisingly large, fully fenced backyard with a courtyard-style patio perfect for entertaining or unwinding. Built in the 1970s with steel, brick, and high-quality wood, this home is as solid as they come — and the big-ticket items are done: new roof (2020), new HVAC (2016). Move in with confidence. The lot is where it gets really interesting. At over 22,000 sq ft in an R-75 zone, this parcel carries legitimate development optionality that most homes in this price range simply don't offer. The lot size meets DeKalb County's minimum threshold for a detached ADU (up to 900 sq ft) — a second structure you could build in the rear yard for rental income, multigenerational living, or a private home office. It also meets the area minimum for a potential two-lot subdivision, which could create a second independently titled and buildable parcel. Both paths are subject to site layout confirmation, owner-occupancy requirements, and county approvals — but the bones are there, and that's rare. Whether you're an owner-occupant looking to house-hack, an investor building long-term equity, or a developer scouting infill opportunity, this lot gives you options most listings don't. 3BR | 2BA | 1,758 sqft | Enclosed Sunroom | Finished Basement | Oversized 22,216 sqft Lot | R-75 Zoning | ADU & Subdivision Potential (Subject to County Approval) | Tenant-Occupied — Lease Renewed Through June 2027
Stately Renovated Colonial | ITP Decatur | Space, Privacy & Flexibility - With Rare Development Upside Welcome home to one of Decatur's best-kept secrets - a beautifully renovated colonial tucked into a quiet, established neighborhood while keeping you firmly inside the perimeter with easy access to everything Atlanta has to offer. This home is being sold tenant-occupied, and the tenant has renewed their lease through June 2027 at $1,950/month (tenant pays all utilities) - making this a rare turnkey opportunity to step into reliable cash flow from day one, or secure your future home while an in-place tenant offsets your mortgage. The renewal gives investors immediate, predictable income with no vacancy gap and no leasing lift required. From the moment you step inside, the thoughtfully opened floor plan invites you in. The brand-new kitchen is a showstopper: double shaker soft-close cabinetry, a custom island, top-tier granite counters, stainless appliances, and a classic beveled white tile backsplash that gives it just the right touch of character. The primary suite delivers the retreat you deserve - a huge walk-in closet and a spa-inspired bath with modern tile work and all-new fixtures. The layout is genuinely versatile: two bedrooms on the main level (including the primary) and a third bedroom downstairs in the finished basement - ideal for guests, a home office, or a house-hacking setup. Step outside to a surprisingly large, fully fenced backyard with a courtyard-style patio perfect for entertaining or unwinding. Built in the 1970s with steel, brick, and high-quality wood, this home is as solid as they come - and the big-ticket items are done: new roof (2020), new HVAC (2016). Move in with confidence. The lot is where it gets really interesting. At over 22,000 sq ft in an R-75 zone, this parcel carries legitimate development optionality that most homes in this price range simply don't offer. The lot size meets DeKalb County's minimum threshold for a detached ADU (up to 900 sq ft) - a second structure you could build in the rear yard for rental income, multigenerational living, or a private home office. It also meets the area minimum for a potential two-lot subdivision, which could create a second independently titled and buildable parcel. Both paths are subject to site layout confirmation, owner-occupancy requirements, and county approvals - but the bones are there, and that's rare. Whether you're an owner-occupant looking to house-hack, an investor building long-term equity, or a developer scouting infill opportunity, this lot gives you options most listings don't. 3BR | 2BA | 1,758 sqft | Enclosed Sunroom | Finished Basement | Oversized 22,216 sqft Lot | R-75 Zoning | ADU & Subdivision Potential (Subject to County Approval) | Tenant-Occupied - Lease Renewed Through June 2027
TENANTTURNER2 #1
Jun 1, 2025
Rental Removed
$1,950
$1/sq ft
May 8, 2025
Listed for Rent
$1,950
$1/sq ft
GAMLS #8931541
Apr 13, 2021
Sold
$287,500
$164/sq ft
Mar 2, 2021
Pending
—
Mar 1, 2021
Price Changed
$289,900
$165/sq ft
Feb 22, 2021
Listed
$299,900
$171/sq ft
FMLS #6839751
Apr 15, 2021
Sold
$287,900
$164/sq ft
Mar 2, 2021
Contingent
—
Mar 1, 2021
Price Changed
$289,900
$165/sq ft
Feb 12, 2021
Listed
$299,900
$171/sq ft
Stately Renovated Colonial style Home ready to move in to! This neighborhood is peaceful and quiet but still ITP Decatur living with all that the city has to offer. The all new kitchen boasts double shaker soft close cabinetry, a custom island, new top tier granite counters, stainless appliances, a classic white tile backsplash with beveled edges for some flair. The floor plan has been opened up, a huge walk-in closet added to the Master, all new master bath with unique modern tile work, new fixtures, finished basement, NEW ROOF. This home is rock solid, built in the 70's with steel and high quality brick and wood. The cosmetics have been all updated, fresh paint, new lights & plumbing fixtures. The floor plan is great for a wide variety of households with 2 bedrooms on the main, including the master, and the third bedroom on the lower level. The back yard is fully fenced, surprisingly large, and private with a courtyard style patio.
Public Records
Aug 4, 2020
Sold
$140,000
$80/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$6,077
$38,472 + $89,768
$128,240
2024
$6,077 (+14.1%)
$38,472 + $89,768
$128,240
2023
$5,326 (+6.2%)
$38,240 + $90,000
$128,240
2022
$5,017 (+18.3%)
$16,000 + $90,000
$106,000
2021
$4,241 (+76.9%)
$16,000 + $72,320
$88,320
2020
$2,398 (+46.8%)
$16,000 + $72,320
$88,320
2019
$1,633 (−12.2%)
$16,000 + $30,320
$46,320
2018
$1,860 (−0.2%)
$6,120 + $27,880
$34,000
2017
$1,864 (+15.1%)
$6,120 + $27,880
$34,000
2016
$1,619 (+62.7%)
$6,120 + $22,280
$28,400
2014
$995
$6,120 + $21,200
$27,320
2013
$996 (−6.8%)
$6,480 + $7,440
$13,920
2012
$1,068 (+8.7%)
$6,480 + $11,760
$18,240
2011
$983 (−51.5%)
$4,120 + $9,800
$13,920
2010
$2,026 (−27.7%)
$11,385 + $37,375
$48,760
2008
$2,802
Public record
Public record
Zoning
Beds
3
Baths
2
Stories
1
Lot width
—
Lot depth
—
Lot size
0.51 Acres
Year renovated
2012
Finished Sq. Ft.
1,878
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,878
Year built
1966
Style
Single Family Residential
County
DeKalb County
APN
15 197 17 005
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jun 22, 2026.
R-75
Residential Medium Lot-75 District
The purpose and intent of the board of commissioners in establishing the R-75 (Residential Medium Lot-75) District is as follows: To provide for the protection of neighborhoods within the county where lots have a minimum area of ten thousand square feet; To provide for compatible infill development in neighborhoods; To provide protections for existing development as new subdivisions are created; To provide flexibility in design on the interior of new development while protecting surrounding development; To assure that the uses and structures authorized in the R-75 (Residential Medium Lot-75) District are those uses and structures designed to serve the housing, recreational, educational, religious, and social needs of the neighborhood; To provide for appropriately sized accessible and useable open space in new developments for health, recreational and social opportunities for county residents; To implement the future development map of the county's most current comprehensive plan.
Permitted uses
Include but are not limited to:
Equestrian facility
Livestock production
Garden center
Housing-Single unit
Public service
Golf related
Communications tower
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
7 days above 104° expected this year, 17 days in 30 years
5/10 Wind Factor
26% chance of strong winds in next 30 years
6/10 Air Factor
8 unhealthy days expected this year, 11 days in 30 years
Provided by First Street
Historical weather
Decatur, GA • 30032
Average low and high temperatures (°F)
51
33
61
40
71
48
78
56
79
62
86
69
91
74
88
70
83
66
75
55
67
48
57
38
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
96/ 100
Exceptional sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.9 hrs
7.1 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 1400 Cornwall Rd
$283,654
$1,346 under list price of $285K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $210K to $394K.