(864) 362-2375
500 Gaines School Road
$389,000

500 Gaines School Road, Athens, GA 30605

4Beds
2Baths
2,027SQFT
0.54Acres
1938YearYear Built

About This Home

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.

Location

Key Facts

Status: Active
Type: Residential
Annual Taxes: $2,620
HOA Fees: $0
MLS: Hive
MLS #: CL364378

Features

Single Family Residence
Dryer
Electric Water Heater
Oven
Range
Refrigerator
Washer

Mortgage Calculator

$1,967Estimated monthly payment

Principal & interest only. Estimate for informational purposes — excludes taxes, insurance, and HOA dues.

History

Current list price: $389,000
Status: Active — For Sale
Days on market: 3
Last updated: Sep 14, 2026

Schools

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Listing courtesy of Corcoran Classic Living
Source MLS #: CL364378
Last updated: Sep 14, 2026
Listing data is provided for consumers' personal, non-commercial use and may not reflect all real-estate activity in the market. Information is deemed reliable but is not guaranteed.