Active$550,000
3 bd4 ba2,230 SFTownhouse
1970 Devonwood Drive
Atlanta, GA 30329 · Carramore Landing · 239 days listed
FMLS #7727702 · Listing Provided By HomeSmart · 205-422-2254
Active103 days listed
4712 Ivy Ridge Drive, Atlanta, GA 30339
- 5bd
- 4ba
- 3,224SF
- 0.02ac lot
FMLS #7808949 · Listing Provided By Dwelli Inc. · 833-839-3554 · Listing agent Dipti Kalra
About this home
PRICE REDUCED! Welcome to 4712 Ivy Ridge Dr SE, a beautifully maintained and thoughtfully laid-out townhome in one of Vinings' most sought-after communities, Olde Ivy. Freshly painted with new carpet installed last year, this home is truly move-in ready. The lower level features a full-size guest bedroom with direct garage access, which is ideal for visitors or an in-law suite. The main level, with its own private entrance, opens into a bright living room, kitchen, and dining area with a new dishwasher, microwave, and oven, perfect for entertaining. The upper level includes a private owner's suite alongside a second guest bedroom, while the top floor offers a versatile loft with a wet bar and dedicated workspace room perfect for remote work or a quiet retreat. Throughout the home, you'll find ample storage space, plus a convenient 2-car garage. Just minutes away from the highway, with an easy 20-minute commute to both Downtown and Midtown Atlanta. Don't miss this incredible opportunity; schedule your private showing today before it's gone!
How this list price compares in Atlanta
- List price is 45% above the Atlanta median list price of $380,000 (5,381 homes).
- Compared with 871 townhouses in Atlanta: 20% above the median of $459,900.
- List price per square foot is 33% below the Atlanta median of $255/SF.
- 7 homes for sale in Olde Ivy at Vinings.
- All 5,381 homes for sale in Atlanta, GA.
- 3,541 homes for sale in Cobb County.
Figures are list prices from current FMLS IDX inventory (Active, Active Under Contract and Pending), not sales prices or appraisals.
Home facts
- Property type
- Townhouse
- Status
- Active
- Bedrooms
- 5
- Full baths
- 3
- Half baths
- 1
- Living area
- 3,224 SF
- Lot size
- 0.02 acres
- Year built
- 2000
- Levels
- Three Or More
- Main-level bedrooms
- 0
- Garage spaces
- 2
- Parking
- Attached, Drive Under Main Level, Electric Vehicle Charging Station(s), Garage, Garage Door Opener, Garage Faces Rear
- Basement
- Exterior Entry, Finished, Finished Bath, Walk-Out Access
- Style
- Townhouse
- Construction
- Brick, Brick 4 Sides
- Roof
- Composition
- Flooring
- Carpet, Ceramic Tile, Hardwood
- Heating
- Central, Forced Air, Natural Gas
- Cooling
- Ceiling Fan(s), Central Air, Electric
- Fireplaces
- 1
- Appliances
- Dishwasher, Disposal, Gas Cooktop, Microwave, Refrigerator, Self Cleaning Oven
- Lot
- Level
- Community
- Clubhouse, Fitness Center, Gated, Homeowners Assoc, Near Shopping, Pool, Sidewalks, Street Lights, Tennis Court(s)
- HOA
- $5,676 annually
- Annual tax
- $5,710 (2024)
- County
- Cobb
Assigned schools
As reported in the listing. Verify with the school district.
Payment estimate
Estimate the monthly payment
Prefilled with the list price of $549,999 and this week's average rate. Change anything to see your number.
Estimated monthly payment
$4,680/mo
- Principal and interest
- $3,400
- Property tax
- $476
- Home insurance
- $125
- Mortgage insurance
- $206
- HOA dues
- $473
- Loan amount
- $494,999
- Cash down
- $55,000
This is an estimate only. Not a lender, not a loan offer and not a rate quote. Rates: Freddie Mac PMMS weekly average for 2026-10-22: 30-yr 7.32%, 15-yr 6.68%. Tax uses the annual tax amount in the listing; insurance assumes $1,500 a year. Conventional adds 0.5% a year mortgage insurance under 20% down; FHA uses 3.5% minimum down, a 1.75% upfront premium financed and 0.55% a year MIP; VA adds a 2.15% funding fee financed under 5% down and no monthly MI. Talk to a licensed lender for a real quote.
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Beyond homes
Also exploring Georgia investment real estate?
Jeff Crowe is a local, full-service agent with CENTURY 21 The Avenues who also works with buyers and sellers of apartment buildings, churches, commercial property and land across Georgia. The pages below are other property types and investor research, separate from this home listing.
Other property types for sale
- Georgia apartment buildings for saleApartment buildings and complexes for sale across Georgia.
- multifamily investment properties in GeorgiaDuplexes to large complexes, with screening cap rates on each building.
- churches for sale in GeorgiaChurch buildings and sanctuaries for sale statewide.
- apartment complex for sale in AtlantaApartment buildings for sale inside the City of Atlanta.
- churches for sale in AtlantaChurch buildings for sale in Atlanta.
Investor research and tools
- Atlanta apartment cap ratesMedian screening cap rates on Georgia and Atlanta apartment asks, with sample sizes.
- net operating income explainedHow NOI is built on an apartment building, line by line, and where listing NOI goes wrong.
- DSCR loan guideDSCR loans for apartment buildings: the 1.25x test, what lenders size on, and Georgia asks.
- cash-on-cash return guideCash-on-cash return on apartment buildings: the formula, a worked deal, and Georgia asks at today's rates.
- cap rate calculatorBuild NOI from rents and expenses, then solve for cap rate, price, or value.
- multifamily deal analyzerRent roll, expenses and the loan in one model: NOI, DSCR, cash-on-cash, cash flow, PDF.
Thinking about a rental or a building instead? Send Jeff a message.
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