6531 Reinhardt College Pkwy, Waleska, GA, 30183
About This Home
Positioned along Reinhardt College Parkway, this 1.25-acre property offers investors the rare combination of immediate rental income and long-term development potential in one of Cherokee County's most unique growth corridors. The existing home provides the opportunity for immediate cash flow while future plans are explored. Situated just minutes from Reinhardt University, this location benefits from the consistent demand created by the university community and surrounding residential growth. Properties along this corridor are increasingly attractive to investors, small developers, and business owners seeking strategic frontage along one of Waleska's primary access routes. Currently zoned agricultural, the property offers potential for future commercial or mixed-use possibilities through the variance or rezoning process, making it an appealing hold for buyers looking to capture long-term upside as the area continues to evolve. With approximately 1.25 acres of land and frontage along Reinhardt College Parkway, this property provides flexibility for investors looking to renovate, rent, redevelop, or land bank in a location positioned between the university and expanding residential communities. Whether you're seeking immediate rental income, a renovation project, or a long-term investment along a future growth corridor, this property offers a unique opportunity in the heart of Waleska.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Resale
- Year built: 1951
Materials
- Foundation: Slab
- Roof: Metal
- Construction materials: Wood Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Bungalow/Cottage
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Electric Water Heater,Refrigerator,Washer
- Laundry features: In Hall
Basement
- Basement: Crawl Space
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 2
Features
- Master On Main Level,Walk-In Closet(s)
- Window features: Double Pane Windows
- Flooring: Other
- Number of fireplaces: 1
- Fireplace: Yes
- Attic: Pull Down Stairs
- Finished area below ground: 0
- Finished area above ground: 884
- Common walls with other units/homes: No Common Walls
Heating & Cooling
- Heating features: Central,Electric,Forced Air,Propane
- Cooling features: Ceiling Fan(s),Central Air,Electric
Interior Area
- Total structure area: 884
- Total interior livable area: 884 sqft
Kitchen
- Features: Breakfast Area,Pantry
Property
Accessibility
- Accessibility features: Accessible Doors,Accessible Entrance
Details
- Parcel number: 14N08 033
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck,Patio,Porch
- Waterfront features: No Dock Or Boathouse
- Waterbody name: None
- Residential vegetation: Grassed,Partially Wooded,Wooded
Lot
- Lot size: 1.25 Acres
- Features: Level,Private
Parking
- Parking features: Attached,Carport,Kitchen Level
- Carport: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Lightning
- Tornado
How This Home’s Risks Compare
FEMA Declared Disasters Across Georgia Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,781 | $33,372 |
| Home Insurance * | $214 | $2,568 |
| Property Taxes | $209 | $2,508 |
| Electricity | $219 | $2,637 |
| Total | $3,423 | $41,076 |
Income You'd Need if You Spent...
Georgia FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-03-05 | Listed for sale | $550,000 |
| 2014-08-01 | Listing removed | $86,400 |
| 2014-07-30 | Pending sale | $86,400 |
| 2014-07-30 | Listed for sale | $86,400 |
| 2014-07-29 | Sold | $88,000 |
| 2014-05-22 | Listed for sale | $86,400 |
| 2014-05-03 | Pending sale | $86,400 |
| 2014-04-24 | Listed for sale | $86,400 |
| 2013-07-02 | Sold | $90,369 |
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