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17 Grove Park Place

Atlanta, GA 30318

The Rains Team
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404-620-4571
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Smart Mortgage Options
Dalton Carter
Lender
Lic. 1566538
Office:
Direct: 678-425-4140
AP Mortgage
340 Jesse Jewell Parkway
Suite 500A
Gainesville, GA 30501
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For Sale
MLS Number 10722343
3 Bedrooms
2 Bathrooms
3 Half Baths
12,000 Square Feet *estimated
Summary of 17 Grove Park Place
Joint Venture Development Opportunity - The Grove Collection Atlanta We are seeking an experienced joint venture development partner for The Grove Collection Atlanta, an exclusive luxury townhome community. Project Overview * 16 luxury townhomes * Three-story residences * Approximately 1,800 square feet per home * Parcel consolidation into one development site * Land is owned free and clear (no debt) Financial Highlights * Land basis: $100,000 per unit * Estimated construction cost: $300,000 per unit * Total development cost: Approximately $400,000 per residence (excluding financing, soft costs, and contingencies) * Target sales price: $750,000 per residence * Projected sellout value (ARV): Approximately $12,000,000 We are looking for a strategic joint venture partner with experience in luxury residential development who can provide development expertise, construction management, capital, or a combination of these resources to bring this project to completion.
Located on 17 Grove Park Place in Atlanta, this 3-BR, 2-BA home is not part of a subdivision and comes without mandatory HOA fees. Thoughtfully planned, the interior provides 12,000 square feet of finished living space with an open, livable feel from room to room. A bright, open kitchen offers generous workspace, storage, and a direct view into the main gathering spaces. The main living areas are filled with natural light and provide an easy flow for hosting friends or enjoying quiet evenings at home. Step outside to approximately 1.67 acres, creating a comfortable setting for outdoor living and weekend gatherings. The property includes parking available, offering convenience for residents and guests. Located in Atlanta but outside a traditional subdivision, this home combines neighborhood convenience with a non HOA setting. Currently listed for about 112 days, this property combines space, style, and value. With an asking price of $1,400,000, this property represents an appealing opportunity in the current market.
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17 Grove Park Place - Map & Directions
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Facts & features
School District Information
High School
Middle School
Elementary School
Additional Information about
None
Association
No
Additional Information about
17 Grove Park Place
County
Neighborhood
Year Built
1951
Appliances
Other
Architectural Style
Brick 4 Side
Foundation
Slab
Construction Materials
Aluminum Siding
Heating
Forced Air
Home Warranty
No
Laundry Features
None
Levels
One
Financing Available
Cash
Conventional
FHA
VA Loan
Selling Status
Fixer
Roof
Composition
Rooms
Bonus Room
Sewer Type
Public Sewer
Total Finished Area
12,000
Utilities
Cable Available
Water Source
Public
Land Information
Lot Size
1 to 2 Acres
Lot Size Estimated
1.67
Garages and Parking Information
Tax Information
Taxes
$3,825
Tax Year
24
Tax ID Number
14 014500100161
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listed by real estate agent albert e collier and trelora realty, inc.