CRE 101 Blog

Chunk of East Atlanta Village-ish up for grabs

Josh Green

Fri, 11/08/2024 – 08:16

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Chunk of East Atlanta Village-ish up for grabs

Josh Green

Fri, 11/08/2024 – 08:16

As land near cultural and economic hubs like East Atlanta Village becomes more scarce, the question becomes, in some cases, how much are developers and then homebuyers willing to put up with? Like, for instance, an interstate in the backyard?

Such is the case for a single-family home development proposal in a section of the city divided by Interstate 20 a couple of generations ago.

Marketed as being in the heart of East Atlanta Village and walkable to all that entails (prepare to trek uphill), the 513 Maynard Ave. property came to market recently with Keller Williams Realty North Atlanta, asking $1.7 million.

That buys what’s essentially 1.7 acres of woods in a residential section of East Atlanta, about .7 miles from, let’s say, Argosy. It’s billed as being a rare new-construction opportunity for the area.

The 1.7-acre site’s proximity to EAV and I-20. Google Maps

Example of housing proposed in current listings for 513 Maynard Ave. Keller Williams Realty North Atlanta/FMLS

Plans included with the purchase call for eight single-family dwellings tucked off existing streets. “Near immediate access” to I-20—westbound, at least—is called a highlight of the location. Ditto for proximity to everywhere from Summerhill to Cabbagetown.

According to listings, architectural plans, a land disturbance permit, and City of Atlanta tree recompose (essentially a fine for removing healthy trees, with funding used to plant and maintain other trees) would be included with the land sale.  

Keller Williams Realty North Atlanta/FMLS

Of the location’s algorithm-generated Walk Score ratings, the “somewhat walkable” Walk Score of 53 fares best, followed by the so-so 41 Transit Score and 36 Bike Score.

Another metric called the Sound Score—calculated by the HowLoud platform—reflects the nearby interstate, coming in at a “loud” 66.

For what that’s worth.

Keller Williams Realty North Atlanta/FMLS/Alpha Land Services

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Tags

513 Maynard Avenue
EAV
EAV project
East Atlanta development
Interstate 20
Walk Score
Atlanta Housing
Single-Family Homes
single-family lots
Alpha Land Services
Keller Williams Realty
Keller Williams Realty North Atlanta

Images

The 1.7-acre site’s proximity to EAV and I-20. Google Maps

Keller Williams Realty North Atlanta/FMLS

Example of housing proposed in current listings for 513 Maynard Ave. Keller Williams Realty North Atlanta/FMLS

Keller Williams Realty North Atlanta/FMLS/Alpha Land Services

Subtitle
Row of eight tucked-away, infill homes proposed near village attractions, interstate

Neighborhood
East Atlanta

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