FEATURES:

Here’s a textbook flip opportunity, a 3 bedroom, 2.5 bath ranch home built in 1996, with 1,550 square feet above grade plus a massive 1,000+ square foot basement that’s ready to be finished out and add serious value on the back end, whether that’s extra living space, a media room, or additional bedrooms. The home needs a full cosmetic renovation including interior and exterior paint, updated bathrooms, a kitchen remodel, and new flooring. Outside, the private backyard is another easy selling point for the eventual retail buyer.

The neighborhood itself works in your favor at resale too, it’s an established, low-inventory area where homes move fast once they hit the market, and the low $375/year HOA (which includes swim and tennis access) is an easy amenity to market to buyers without adding carrying costs. Add in the convenient access to Collins Hill Park, local shopping, and Sugarloaf Parkway/I-85, and you’ve got a property that should show well and sell quickly once the rehab is done.

COMPS: 

1425 Watercrest Cir Lawrenceville, GA 30043. Sold 02/2026 for $390k. 4/3 1668 sqft. Fully renovated.
—> 4/3 1668 sqft. Fully renovated. Investor purchased for $280k

1995 Watercrest Cir., Lawrenceville, GA 30043. Sold 06/2026 for $377k. 4/3 1864 sqft. Updated.
—> 4/3 1864 sqft. Updated. Pending in 12 days for over asking. No basement.

1835 Watercrest Cir. Lawrenceville, GA 30043. Sold 05/2026 for $395k. 3/3 2276 sqft. Updated.
—> 3/3 2276 sqft. Updated. Additional square footage from basement.