Lake Michele is this pretty little lake off of Rockbridge Road in Stone Mountain – the neighborhood has a few, classic brick ranches that are within walking distance of a tranquil fishing lake. It’s pretty – and my friend Kris listed an REO there for just $37,620.00. He received 3 offers in the first 24 hours after listing and one of them was from my client. My client didn’t get it. But somebody did, probably for under $50,000.00. A well built 3 bedroom, 2 bath on an ACRE of land. If you are looking for a ranch – a traditional or a mid-century modern - and if you are looking for properties with some land mass to them, and if you do not care about public school performance, and if you like the Eastside of metro Atlanta, and if you want a fixer-upper, and if you like lakes, and Stone Mountain, by God…you should be looking in and around the 30088. I’m not talking about an investor flip – I’m talking about smart primary residence buyers buying these type of … [Read more...]