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4 Beds
2 Baths
2,027 sqft

$389,000

500 Gaines School Road, Athens GA, 30605

Price per sqft$191.91
Built in1938
Property size2,027 sqft
Property typeResidential

Overview

Active

Listed Sep 11, 2026

Updated 3 weeks ago

Unique Opportunity: Commercially zoned, 1930s, 2028’, 4/2 Bungalow on .54 acre lot, with large storage barn, with a wide array of potential uses: an artful home, rental, potential Airbnb, Live/Work space, Commercial Office site in a high traffic corridor: ( Law, Accounting, Property Mgt/Real Estate, Massage Therapy, Medical…). The home is imbued with an abundance of historic character and artfulness. As one approaches the front door, there’s an antique brick front courtyard, a front porch with mural painted by a local artist, and a swing bed. Inside, the house has wood floors throughout, plaster walls, custom crown molding, 2 artfully tiled baths, a large master suite on left rear with wood walls and ceilings, excellent natural light, an antique slider door to a lovely bath, and an antique clawfoot tub open to bedroom. The long galley style kitchen opens to a sunroom and formal dining room, though it has a cute eat-in corner nook, as well as a stainless fridge and gas range, an antique farmhouse sink, pendent lighting, & ceiling fan. There are 2 other bedrooms on main floor, and the entirety of the attic is finished as a large 4th BR or flex room. The sunroom has W/D connections, and there’s a door in the floor that lifts to reveal stairs to a cellar that serves as a mechanical room, tornado/zombie apocalypse shelter, or storage. One can exit the Sunroom to the private rear courtyard, and behind the Courtyard there’s a large barn, which has been broken up into 5 storage rooms, 3 locked. There’s a wooded buffer behind and to the sides of the barn, which create a nice green privacy buffer. It’s possible one could add 1, or possibly more, ADUs with County permission. Ultimately, this property sits on a high traffic corridor, which is likely to continue to evolve, and finding a property at this price, with this zoning will become increasingly rare to find. Seller is a licensed realtor in Georgia.

$2,588/mo

Est. mortgage payment based on a $389,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
CL364378

Interior Features

Bedrooms
4
Bathrooms
2
Fireplace
Yes
Cooling
Yes
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.54 Acres

Other Property Details

Taxes
$2,620
Tax Frequency
Annually
View
Yes

Courtesy of Corcoran Classic Living with Michael Littleton,
Listing Contact: (706) 255-8600 

 

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Data last updated 4:34 AM UTC, 9/15/2026

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