Active$720,000
5 bd4 ba3,565 SFSingle-family home
1629 Phillips Road
Lithonia, GA 30058 · 600 days listed
FMLS #7536008 · Listing Provided By Atlanta Communities · 757-739-9172
Active310 days listed
FMLS #7694856 · Listing Provided By East Metro Brokers, LLC. · 706-689-3992 · Listing agent Edwina Clanton

Here’s a polished investor-focused property description you can use for MLS, a flyer, or direct outreach to builders and developers: ? Investor’s Special | Subdivision Development Opportunity 5165 Thompson Mill presents a rare 7.31-acre development opportunity ideal for builders and investors seeking their next residential project. This expansive parcel offers the potential to develop approximately 18–20 single-family homes, making it well-suited for a small to mid-size subdivision. Located in an area experiencing continued growth and demand, the property provides ample space for thoughtful site planning, road layout, and modern home designs. With its generous acreage, this tract supports a cohesive community concept while maximizing yield. This is a prime opportunity for a developer looking to capitalize on new construction in an established market. Bring your vision and unlock the potential of this sizable tract. Sold as an investment property. Due diligence required. Excellent opportunity for builders and investors. This 7.31-acre tract offers the potential to develop approximately 18–20 homes (subject to zoning and approvals). Ideal for residential subdivision development in a growing area. Property provides ample acreage for thoughtful site planning and modern home designs. Convenient location with nearby residential communities and access to major roads. Sold as-is. Buyer responsible for all due diligence regarding zoning, utilities, density, and development feasibility.
Figures are list prices from current FMLS IDX inventory (Active, Active Under Contract and Pending), not sales prices or appraisals.
As reported in the listing. Verify with the school district.
Payment estimate
Prefilled with the list price of $920,000 and this week's average rate. Change anything to see your number.
$6,588/mo
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.
Active$720,000
5 bd4 ba3,565 SFSingle-family home
Lithonia, GA 30058 · 600 days listed
FMLS #7536008 · Listing Provided By Atlanta Communities · 757-739-9172
Active$715,000
4 bd4 ba4,742 SFSingle-family home
Lithonia, GA 30058 · Hunt Valley · 168 days listed
FMLS #7769156 · Listing Provided By Virtual Properties Realty.Net, LLC. · 770-480-0603
Active$680,000
6 bd5 ba5,206 SFSingle-family home
Lithonia, GA 30038 · Dogwood Manor Estates · 116 days listed
FMLS #7799128 · Listing Provided By Atlanta Communities · 404-368-7194
Active$595,000
5 bd5 ba3,145 SFSingle-family home
Lithonia, GA 30038 · Meadow Vista Drive · 14 days listed
FMLS #7853452 · Listing Provided By Dix Properties · 404-401-9767
Active$550,000
6 bd4 ba3,245 SFSingle-family home
Lithonia, GA 30038 · Eagles Ridge · 3 days listed
FMLS #7858380 · Listing Provided By Mark Spain Real Estate · 770-886-9000
Active$499,000
8 bd4 ba4,538 SFSingle-family home
Lithonia, GA 30038 · Brown Mill Estates · 8 days listed
FMLS #7856268 · Listing Provided By Real Broker, LLC. · 770-696-6278
Use the "Ask about this home" form on this page and include the days and times that work for you. Jeff Crowe will follow up to set up a showing.
Send your question through the form on this page. Listing details come from FMLS and are provided by East Metro Brokers, LLC., so confirm them before making an offer.
This page shows the status reported in FMLS (Active) as of the last update. Status can change quickly, so ask through the form to confirm before you tour.
It uses the list price, an average mortgage rate, the tax amount in the listing (or an estimated tax rate when none is given), estimated insurance and any HOA dues in the listing. It is an estimate only, not a loan offer. Talk to a licensed lender for a real quote.
See the similar homes section on this page, or browse all homes for sale in Lithonia, GA.
Beyond homes
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.
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