Investor Alert: Historic 1899 Victorian on 2.02 Acres in the Heart of Douglasville
Opportunities like this do not come along often. Priced at $215,000 for immediate sale, this 1899 Victorian fixer-upper presents a rare chance to acquire a large historic home on an expansive 2.02-acre in-town lot in the City of Douglasville.
For investors, renovators, or developers seeking their next high-upside project, 8370 Chicago Avenue offers location, acreage, and architectural character that are increasingly difficult to find at this price point.
This is not a cosmetic update property—it is a true renovation project with substantial potential. Sold strictly as-is as part of an estate sale, the home is ideally suited for cash buyers or those utilizing conventional as-is financing.
For the right buyer with vision and resources, this property represents a compelling value-add opportunity in a growing West Georgia market.
A Prime In-Town Location
Location is one of the most important factors in real estate investing, and this property delivers. Situated just minutes from shopping, dining, and downtown amenities in Douglasville, the home offers the rare combination of privacy and accessibility. Large in-town lots of this size—2.02 acres—are increasingly uncommon, particularly within established city limits.
The surrounding area continues to experience steady demand due to its proximity to metro Atlanta while maintaining a more relaxed, small-town atmosphere. Buyers and renters alike are drawn to Douglasville for its convenience, charm, and community feel.
Properties with historic appeal in walkable or near-downtown settings often command strong resale interest once properly restored.
For developers, the acreage alone presents intriguing possibilities. Whether restoring the existing home to its former glory or exploring additional long-term redevelopment options (subject to zoning and city approvals), the lot size adds a layer of flexibility not typically found in comparable in-town listings.
Historic Character That Can’t Be Replicated
Built in 1899, this Victorian home showcases architectural details that are nearly impossible to recreate affordably in modern construction. Once restored, these features can significantly enhance resale value and buyer appeal.
Key historic elements include:
High ceilings that create an airy, spacious feel
Original trim and woodwork with timeless craftsmanship
Stained-glass windows that add distinctive charm
Four fireplaces, offering both visual impact and potential functional appeal
A deep front porch that anchors the home’s classic Victorian façade
Buyers in today’s market often pay a premium for authentic historic character. With thoughtful renovation, these original features can become the focal points of a beautifully revived showpiece property.
The large footprint—featuring five bedrooms and two full bathrooms—provides flexibility in design and layout. Whether repositioned as a spacious single-family residence, a potential historic showcase home, or another permitted use, the size and architectural presence offer a strong foundation for transformation.
Spacious Layout with Renovation Potential
The home includes:
5 bedrooms
2 full bathrooms
1 main-level bathroom
2 main-level bedrooms
The presence of two main-level bedrooms and a full bath on the primary floor is a valuable feature for modern buyers seeking convenience and accessibility. The remaining bedrooms offer flexibility for guest rooms, office space, or reimagined owner’s suites.
The high ceilings and generous room sizes provide a blank canvas for reconfiguration if desired. Investors may consider opening select areas to create a more contemporary flow while preserving original details that maintain historic authenticity.
With the right design plan, this home could be repositioned as a luxury historic renovation that blends 19th-century character with modern amenities—an increasingly popular combination in today’s resale market.
Additional Structures and Exterior Features
Beyond the main home, the property includes several existing exterior features:
Rear carport with two parking spaces
Kitchen-level parking access
Above-ground pool
Multiple storage buildings
These structures add functional utility and redevelopment potential. The carport provides covered parking, while the storage buildings may be repurposed, removed, or renovated depending on the buyer’s vision.
The above-ground pool could be restored or replaced as part of a broader backyard redesign. With 2.02 acres, there is ample room to create outdoor living areas, gardens, workshop space, or additional improvements—subject to local regulations.
The expansive lot also enhances privacy, a feature highly valued by buyers who want space without sacrificing proximity to downtown amenities.
Ideal for Experienced Renovators and Investors
It is important to note that this property is a true fixer-upper. It is being sold strictly as-is, with no repairs or seller concessions. This signals that buyers should be prepared for significant renovation work and conduct thorough due diligence.
However, this level of renovation often creates the greatest opportunity for equity growth. Investors who specialize in historic restorations or full-scale rehabs may find this property particularly appealing due to its:
Architectural character
Size and layout flexibility
Acreage within city limits
Attractive entry price
In many markets, historic homes on multi-acre lots command significantly higher resale values once fully restored. For buyers willing to take on the project, the upside potential may justify the scope of work required.
Estate Sale – Priced to Move
As an estate sale, the property is priced for immediate attention. The $215,000 list price reflects both the condition and the seller’s motivation for a straightforward transaction.
Cash buyers are strongly preferred, though conventional as-is loans may be considered. Investors prepared to move quickly and present clean terms may have a competitive advantage.
Opportunities like this—combining historic architecture, significant acreage, and in-town location—are becoming increasingly rare. Many similar properties have already been renovated or redeveloped, making untouched projects harder to find.
Vision Required, Reward Possible
8370 Chicago Avenue is not for the faint of heart. It requires vision, capital, and a clear renovation strategy. But for the right buyer, it offers something special: the chance to restore a piece of 19th-century history while building substantial equity.
Imagine the finished product—refinished hardwood floors, restored stained glass glowing in natural light, fireplaces serving as dramatic centerpieces, and a wraparound porch overlooking two private acres in the heart of Douglasville. With thoughtful planning and execution, this home could become a standout property in the local market.
FROM ZILLOW