6531 Reinhardt College Parkway, Waleska, GA 30183
NA · Cherokee County
Key Facts
Description
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.
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Style
Bungalow
Year Built
1951
Stories
1
Living Area
884 sq ft
Lot Size
1.25 acres
Lot Dimensions
0
Ownership
Fee Simple
Days on Market
127
MLS® Listing#
7729907
Property Features
Interior
Exterior
Appliances
Cooling
Heating
Flooring
Fireplace
Basement
Pool
Parking
Laundry
Patio
Fencing
Lot Features
Construction
Foundation
Roof
Windows
Security
Other Structures
Community
Utilities
Sewer
Water Source
Schools
- Elementary:
- R. M. Moore
- Middle:
- Teasley
- High:
- Cherokee
Financial Details
HOA
None
Annual Taxes
$1,006
Tax year 2025
Parcel Number
14N08 033
Directions
Please use GPS for directions.
Affordability Calculator
$110,000
Estimated monthly payment
$2,927/mo
Principal $440,000 · Est. interest $613,839 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Waleska, GA
- $566,265
- Median Listing Price
- 62
- Median Days on Market
- 2,399
- Median Sq Ft
- $251
- Median Price / Sq Ft
- 202
- Active Listings
- This home’s price is 3% below the area median.
- Its price per sq ft is 148% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Waleska, GA.
Location
Points of Interest in Waleska, GA
Showing the Waleska area map.
Nearby Schools
Clayton Elementary School
Elementary · 3.5 mi away
Chattahoochee Technical College - Canton Campus
School · 4.9 mi away
Ralph Bunche Center
School · 4.9 mi away
Teasley Middle School
Secondary · 5.0 mi away
Cherokee County School District
Elementary · 5.1 mi away
Cherokee High School
Secondary · 5.7 mi away
Joseph Knox Elementary School
Elementary · 5.7 mi away
Crossroads Christian Academy
School · 5.9 mi away
Cherokee High School
Secondary · 6.0 mi away
Cherokee County
School · 6.1 mi away
William G. Hasty- Sr. Elementary School
Elementary · 6.6 mi away
Ace Academy
School · 6.8 mi away
River Green Academy
School · 6.9 mi away
Community Christian School
School · 7.9 mi away
Freedom Middle School
Secondary · 8.3 mi away
Liberty Elementary School
Elementary · 8.4 mi away
Goddard School
School · 8.7 mi away
River Ridge High School
Secondary · 8.9 mi away
Buffington Elementary School
Elementary · 9.0 mi away
Indian Knoll Elementary School
Elementary · 9.2 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 137 NARROWS LOOP, Waleska, GA | $385,000 | 2 | — | — |
| 137 NARROWS Loop, Waleska, GA | $385,000 | 2 | 2 | 1,152 |
| 121 White Antelope Street, Waleska, GA | $389,000 | 3 | 2 | 1,405 |
| 121 White Antelope ST, Waleska, GA | $389,000 | 3 | — | 1,405 |
| 137 Blue Fox Loop, Waleska, GA | $395,000 | 3 | 2 | 1,662 |
| 137 Blue Fox LOOP, Waleska, GA | $395,000 | 3 | — | 1,662 |
Moving Cost Estimate
EXIT Agents in Waleska
Listing Courtesy: Method Real Estate Advisors - 404-476-8171
Last Updated: 2026-03-05