Lancashire Court Ltd (Phase Ii) Land for Sale

Welcome to Lancashire Court Ltd (Phase II) – your gateway to a vibrant community nestled in the heart of Stone Mountain, Georgia! This charming subdivision offers an exceptional opportunity for those looking to invest in land and build their dream home amidst the natural beauty and rich history of Dekalb County.

Lancashire Court Ltd (Phase II) is designed with community in mind, featuring spacious lots that provide ample room for creativity and growth. Whether you envision a cozy family retreat, a modern masterpiece, or a serene garden oasis, the possibilities are endless. The subdivision is thoughtfully laid out, ensuring every resident enjoys privacy and tranquility while being part of a welcoming neighborhood.

Stone Mountain is renowned for its breathtaking landscapes, including the iconic Stone Mountain Park, where outdoor enthusiasts can explore hiking trails, picnic areas, and stunning views from the summit. The area is also rich in culture, with local shops, restaurants, and events that celebrate the unique heritage of Georgia. Families will appreciate the excellent schools and recreational facilities, making it an ideal place to raise children.

With land for sale in this desirable subdivision, now is the perfect time to invest in your future. Don’t miss out on the chance to become a part of this thriving community in one of Georgia's most picturesque settings. Contact us today to learn more about available lots in Lancashire Court Ltd (Phase II) and start your journey toward homeownership in Stone Mountain!

Newest Lancashire Court Ltd (Phase Ii) Land for Sale

$900,000

7799189 MLS

The site is approved for 48 grandfathered multifamily units, exceeding current density codes, and is positioned for ground-up development targeting LIHTC programs. By-right entitlement provides immediate development capability while avoiding lengthy rezonings and significant associated costs. Situated within a Qualified Opportunity Zone (QOZ), the property provides potential for substantial tax advantages, including capital gains deferral and a 10-year step-up to fair market value, with the OZ window open through December 31, 2028. At a competitive basis of $18,646 per door, the site pricing remains well below replacement costs and recent land transactions in the area. The property benefits from strong demand drivers: proximity to I-285 and downtown Decatur employment hubs, integration into DeKalb’s affordable housing corridor, and complementarity to recent large-scale LIHTC developments delivering within five miles. As institutional absorption continues in the submarket, this parcel is ideally suited for developers seeking scalable investment in an area familiar to DCA underwriters with a demonstrated record of program success.

1055 Lancashire Circle, Stone Mountain

Start Your Search

board logo Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work, please click here to review our DMCA policy and learn how to submit a takedown request. © 2026 FMLS. Last updated