Lancashire Court Ltd (Phase Ii) Real Estate

Welcome to Lancashire Court Ltd (Phase II), a hidden gem nestled in the heart of Stone Mountain, Georgia. This charming subdivision offers a perfect blend of suburban tranquility and urban convenience, making it an ideal choice for families, professionals, and retirees alike.

As you explore Lancashire Court, you’ll discover beautifully designed homes that reflect a variety of architectural styles, providing a warm and inviting atmosphere. The community is characterized by its meticulously maintained landscapes and friendly neighbors, fostering a sense of belonging and camaraderie. With spacious lots and modern amenities, residents enjoy the perfect setting for outdoor gatherings, peaceful evenings, and family fun.

Location is key, and Lancashire Court Ltd is strategically situated just minutes from the vibrant downtown Stone Mountain area. Enjoy easy access to a plethora of shopping, dining, and entertainment options, including the famous Stone Mountain Park, where you can hike, picnic, or take in breathtaking views from the summit. The area is also well-connected to major highways, making commutes to Atlanta and surrounding cities a breeze.

Families will appreciate the top-rated schools in the Dekalb County School District, ensuring quality education for children of all ages. Additionally, the neighborhood is surrounded by lush parks and recreational facilities, providing ample opportunities for outdoor activities and community events.

Discover the charm and convenience of Lancashire Court Ltd (Phase II) in Stone Mountain, where your dream home awaits amidst a vibrant community. Embrace a lifestyle that balances comfort, community, and connectivity—your new beginning starts here!

Newest Listings in Lancashire Court Ltd (Phase Ii)

$900,000

7799189 MLS

The site is approved for 48 grandfathered multifamily units, exceeding current density codes, and is positioned for ground-up development targeting LIHTC programs. By-right entitlement provides immediate development capability while avoiding lengthy rezonings and significant associated costs. Situated within a Qualified Opportunity Zone (QOZ), the property provides potential for substantial tax advantages, including capital gains deferral and a 10-year step-up to fair market value, with the OZ window open through December 31, 2028. At a competitive basis of $18,646 per door, the site pricing remains well below replacement costs and recent land transactions in the area. The property benefits from strong demand drivers: proximity to I-285 and downtown Decatur employment hubs, integration into DeKalb’s affordable housing corridor, and complementarity to recent large-scale LIHTC developments delivering within five miles. As institutional absorption continues in the submarket, this parcel is ideally suited for developers seeking scalable investment in an area familiar to DCA underwriters with a demonstrated record of program success.

1055 Lancashire Circle, Stone Mountain

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