620 Ravenwood Drive
Woodstock, GA, 30188 $ 450,000
Baths0.0 Monthly Estimate*
$ 2,841
Studio for $450,000. This home was built in 1973 on a lot size of 0.446.
Investor Alert - Prime Downtown Woodstock Redevelopment Opportunity! Rare chance to acquire a 1/2-acre property just a 10-minute walk to Downtown Woodstock, one of the fastest-growing and most desirable destinations in Cherokee County. Positioned within walking distance of restaurants, retail, entertainment, festivals, parks, and schools, this property offers multiple exit strategies for investors, builders, and developers. Whether you're seeking a rental property, renovation project, fix-and-flip opportunity, land hold, or redevelopment play, the location supports strong long-term value. Surrounded by continued growth and located adjacent to the attractive Haddonstone community, this property sits in the path of ongoing demand and revitalization. The existing 4-sided brick split-level ranch offers approximately 2,000 finished square feet, featuring 3 bedrooms, 2 bathrooms, multiple living areas, and an unfinished basement with additional storage and expansion potential. A previously screened porch has been enclosed into conditioned living space, adding flexibility for tenants or future renovation plans. The true value lies in the oversized half-acre lot, a rarity this close to Downtown Woodstock. The generous lot size presents opportunities for redevelopment, custom construction, expansion of the existing home, or a long-term hold in a highly desirable walkable location. Investors may also wish to explore the potential for rezoning or higher-density residential use, including possible multifamily, townhome, or cottage-style development opportunities, subject to City of Woodstock approval and all applicable zoning requirements. With strong buyer demand, limited land availability near downtown, and increasing property values throughout the area, this is an opportunity to secure a well-located asset with significant upside potential. Properties offering this combination of walkability, lot size, existing improvements, and future development potential are increasingly difficult to find. Secure your position in one of North Georgia's most sought-after growth corridors and capitalize on the continued evolution of Downtown Woodstock. Buyer is responsible for independently verifying zoning, land use, density allowances, and redevelopment opportunities with the City of Woodstock.
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FeaturesGeneralSewer Public Sewer
Heating Forced Air
Cooling Ceiling Fan(s) Central Air
Utilities Sewer Connected
HOA Fee 0
Association Fee Includes None
Construction Materials Brick
Year Built 1973
Levels Multi/Split
Property Subtype Multi Family
Tax Year 2025
Gross Income 0
Community Features Walk To Schools Near Shopping
County Cherokee
New Construction false
Property Type Residential Income
HOA false
Attached Garage false
MaintenanceExpense 0
Subdivision Name Cardinal Woods
Garage Y/N true
Status New
Directions Use GPS
High School Woodstock
City Woodstock
Body of Water None
Number Of Units Total 0
Lot Size Units Square Feet
Lot Size Square Feet 19427.76
Carport Y/N false
Elementary School Woodstock
Tax Annual Amount 3605
Electric Expense 0
Fuel Expense 0
Middle/Junior High School Woodstock
Property Condition Resale
Structure Type House
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
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InteriorBasement Exterior Entry Interior Entry Partial Unfinished
Total Fireplaces 1
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N true
Below Grade Finished Area Unit Type Square Feet
Above Grade Finished Area Unit Type Square Feet
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ExteriorParking Features Garage
Water Source Public
Total Parking 3
Lot Size Area 19427.76
Lot Size Acres 0.446
Lot Size Source Public Records
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* Excluded FeaturesAffordability Calculator
- Monthly Principal & Interest
- $2,841
- Monthly Property Taxes
- $300
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Woodstock, GA
Average List Price $699,967
Percent of Sale Price 56%
About Woodstock, GA 30,013 Population
124% Since 2002
$ 69,220 Median Income
37.19 Median Age
39% Households with Children
Trends Information provided by ATTOM Data Solutions.
4135366 Elementary School
4134169 Middle School
Woodstock High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 6/18/2026 | $450,000 | | Listed Price |