500 Gaines School Rd, Athens, GA 30605

$389,000
4
BD
2
BA
2,027
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$389,000
Status
ACTIVE
MLS#
CL364378
Days on Market
5
Year Built
1938
Bedrooms
4
Bathrooms
2
Full-baths
2
Living Area
2,027
Acres
0.54

Property Description

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.

Additional Information

Appliances
Some Gas Appliances, Dryer, Electric Water Heater, Oven, Range, Refrigerator, Washer
Interior Features
Breakfast Area, Bathtub, Ceiling Fans, Galley Kitchen, Primary Downstairs, Primary Suite, Other, Separate Shower
Cooling
Central Air, Electric
Heating
Central, Natural Gas
Foundation
Block
Roof
Asphalt
Exterior Features
Courtyard
Lot Information
Back Yard, City Lot, Garden, Level, Private, Wooded
Utilities
Cable Available, Underground Utilities
Water
None

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Corcoran Classic Living.

Copyright 2026 NCRMLS. All rights reserved. North Carolina Regional Multiple Listing Service, (NCRMLS), provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS.