4958 Presidents Way

About this home

RARE 6.09-ACRE RESIDENTIAL DEVELOPMENT ASSEMBLAGE IN TUCKER. Offered together as one cohesive development opportunity, 4958, 4963 and 4973 Presidents Way comprise three contiguous parcels totaling approximately 6.09 acres at the end of a quiet cul-de-sac. Zoned RSM (Small Lot Residential Mix), the property offers a compelling opportunity for quality new residential construction in an established Tucker community where City planning staff has acknowledged demand for higher-quality new housing. The assemblage combines privacy, accessibility and development potential just minutes from Highway 78, I-285 and I-85, with convenient access to Downtown Tucker, Stone Mountain, shopping, dining and major employment centers. All utilities are available at the site, including public water and sewer, electricity and natural gas. A natural water element traverses a portion of the property and presents an opportunity to thoughtfully incorporate non-buildable space into the character of the future community. Imagine a landscaped water feature, pedestrian bridge, fire pit, splash pad, playground, gathering area or other shared outdoor amenity creating a distinctive focal point for future residents. Recent discussions with the City of Tucker have provided additional clarity regarding current development standards, including a 24-foot minimum width for attached residential units within the RSM district. Potential reconfiguration of the existing cul-de-sac into a hammerhead-style turnaround has also been discussed as a way to potentially improve site efficiency, subject to engineering review and all required City approvals. Because the assemblage encompasses the parcels surrounding the end of Presidents Way, there may also be an opportunity to pursue conversion of the roadway to private control and create a private, gated residential enclave, subject to the City's separate review and approval process. Previous engineering, environmental studies, boundary survey and other property-related due diligence materials are available for buyer review upon request. Seller makes no representations or warranties regarding the feasibility, approval, density, yield, buildable acreage or suitability of the property for any particular development or use. Any conceptual uses or development opportunities referenced herein are for illustrative purposes only and are subject to independent verification and all applicable governmental approvals. Buyer is responsible for conducting its own due diligence regarding zoning, utilities, environmental conditions, development requirements and intended use. Seller is motivated to facilitate a streamlined transaction and welcomes cash offers. Seller will consider price and terms that provide for a shortened due diligence period and expedited closing.

Details

Home type

Single Family Residence

County

Dekalb County

Lot size (acres)

6.09

Association fee

$0

Annual tax

$4,139

Tax year

2024

Elementary school

Smoke Rise

Middle school

Tucker

High school

Tucker

Community

None

Days on market

20

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