1550 Somerset Vale CT new

Lawrenceville,GA 30044

$ 250000

4 Beds

2.5 Baths

2430 SqFt


Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,430 sqft

Price per Sqft $102

Subdivision Somerset Place

MLS Listing ID 7630858

Style Traditional

Bedrooms 4

Full Baths 2

Half Baths 1

Construction Status Resale

HOA Y/N Yes

Year Built 1996

Annual Tax Amount $5,559

Tax Year 2024

Lot Size 0.280 Acres

Acres 0.28

Property Sub-Type Single Family Residence

Source First Multiple Listing Service

Property Description

Located in the desirable Somerset Hills community of Lawrenceville, this 4-bedroom, 2.5-bath home presents a rare investment opportunity with exceptional upside potential. Priced at just $210,000, this property is ideal for seasoned investors or cash buyers seeking their next renovation project. Situated on a quiet street, the home offers a spacious floor plan, ample natural light, and a prime location near shopping, dining, and top Gwinnett County schools. While the property requires updates, offering a substantial return on investment.
Whether flipped for resale or renovated as a long-term rental, this home provides a strong foundation in one of Lawrenceville's most sought-after neighborhoods. Opportunities with this level of equity potential are increasingly rare—secure it before it's gone!
Seller lives there and needs 48hrs temporary occupancy after closing. Please Do Not walk the property without prior approval. Showings will be confined to 11am-7pm with appointment only as to not disturb occupant. Property MUST close prior to 8/29/25.
There is an HOA for this community - initiation fees and monthly amount will be disclosed once confirmed with HOA. Estate Sale scheduled for 8/22 and 8/23. Property will be delivered vacant.
*ALL OFFERS DUE BY 3:00pm SUNDAY 8/17/25* Yes, we have multiple offers over the listing price in hand. Please send offer with your BEST NET NUMBER.

Location

State GA

County Gwinnett

Area Somerset Place

Lake Name None

Rooms

Bedroom Description Roommate Floor Plan

Other Rooms None

Basement None

Dining Room Separate Dining Room

Kitchen Cabinets White

Interior

Interior Features Entrance Foyer

Heating Other

Cooling Ceiling Fan(s),Central Air

Flooring Carpet,Ceramic Tile,Hardwood

Fireplaces Number 1

Fireplaces Type Living Room

Equipment None

Window Features None

Appliance Dishwasher,Gas Oven

Laundry Laundry Room,Upper Level

Exterior

Exterior Feature Private Yard

Parking Features Garage,Level Driveway

Garage Spaces 2.0

Fence Back Yard

Pool None

Community Features None

Utilities Available Electricity Available,Natural Gas Available,Sewer Available,Water Available

Waterfront Description None

View Y/N Yes

View Other

Roof Type Shingle

Street Surface Paved

Accessibility None

Handicap Access None

Porch Patio

Private Pool false

Building

Lot Description Back Yard,Cleared

Story Two

Foundation Slab

Sewer Public Sewer

Water Public

Architectural Style Traditional

Level or Stories Two

Structure Type Brick Front,Vinyl Siding

Construction Status Resale

Schools

Elementary Schools Cedar Hill

Middle Schools J.E. Richards

High Schools Discovery

Others

Senior Community no

Restrictions false

Tax ID R5076 387

Special Listing Condition Probate Listing

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