This monumental 4,100-square-foot historic Victorian manor, constructed in 1900, is located at 216 Stonewall St SE in the heart of downtown Dawson, Georgia (Zip Code 39842). Presenting a spectacular entry-level restoration opportunity priced at just $99,900, this sprawling two-story estate features six bedrooms, two bathrooms, and an exceptional volume of intact Gilded Age craftsmanship. Situated on a level, half-acre corner lot, this landmark property serves as an ideal “blank canvas” project for preservation enthusiasts, historic investors, or hospitality entrepreneurs looking to capture authentic turn-of-the-century Southern charm.
The residence establishes a commanding street presence via its classic, deep wraparound covered front veranda and prominent architectural silhouette. Inside, the massive 4,100-square-foot floor plan delivers the grand room proportions, towering vertical ceiling clearances, and deep structural framing native to grand pre-war estates. The interior preserves its rich historic integrity, highlighted by original wood millwork, authentic baseboards, classic entryway casing lines, and original transom window glass headers positioned above interior doorways to optimize natural airflow.
The home’s extensive layout features multiple formal gathering spaces, including an expansive living parlor, a banquet-sized formal dining room, and charming independent sitting rooms. Serving as elegant focal points throughout the estate, several principal rooms retain their original, highly ornate fireplace mantels—some of which still house authentic historic gas fireplace inserts that offer a rare glimpse into the property’s rich design history.
🏡 Versatile Multi-Level Layout & Adaptation Potential
The expansive floor plan offers excellent spatial separation and flexibility, easily adapting to a grand private residence, a boutique destination Bed & Breakfast, an intimate event venue, or a high-yield short-term rental destination (subject to local Dawson municipal zoning codes):
Main Level: Hosts two large, light-filled bedroom chambers and one full central bathroom, providing highly desirable single-level living accessibility. This level anchors the primary formal reception halls and kitchen core.
Upper Level: Accommodates four additional oversized bedrooms, ensuring fantastic privacy for a large household or guests. This level features a charming exterior balcony platform that overlooks the deep lawn grounds.
The Equity Runway: Tucked into the second-story layout is a substantial unfinished bathroom space, providing an immediate, pre-framed footprint to easily add a third luxury washroom and instantly drive market equity.
The estate occupies a generous 0.5-acre (21,780-square-foot) town lot, offering a sprawling backyard canvas for formal gardens, outbuildings, or secure off-street vehicle handling. True to its status as a total rehabilitation project, the property requires repairs, cosmetic updates, and mechanical modernizations. It is being sold strictly in its current as-is condition, with the seller making no warranties. Because of its active renovation status, the home is not eligible for FHA or VA government loan products and is restricted strictly to cash offers or specialized conventional renovation financing panels.
📋 Property Specifications
💰 Price: $99,900
📍 Address: 216 Stonewall St SE, Dawson, GA 39842
📐 Interior Size: 4,100 sqft (Two-story traditional layout)
🌳 Lot Size: 0.50 Acres (21,780 sqft / Deep downtown parcel)
🛏️ Bedrooms: 6 (2 positioned on the main floor, 4 located upstairs)
🛁 Bathrooms: 2 Full (Plus 1 additional unfinished upper bathroom shell)
🔥 Historic Elements: Multiple original fireplace mantels, historic gas inserts, and original door transoms
🏗️ Year Built: 1900
🛠️ Condition: Full Fixer-Upper / Equity Restoration Project / Sold Strictly As-Is
💵 Financing Terms: Restricted to Cash or Conventional Renovation Loans only (No FHA/VA)
🔍 Key Features & Investment Potential Explained
🏛️ Rare Dollar-to-Square-Foot Ratio: Finding an authentic 1900 Victorian estate spanning over 4,100 square feet for under $100k is an exceptional rarity in the current market. The exceptionally low acquisition cost protects an investor’s overall capital buffer when underwriting core mechanical and cosmetic updates.
🔧 Unfinished Bathroom Equity Multiplier: Sourcing a historic property that already includes an extra, pre-framed rough plumbing shell for a third bathroom eliminates the complex, high-cost structural demolition standardly required to insert extra facilities into an old layout.
🪵 Irreplaceable Period Masterwork: The presence of untouched, high-clearance timber framing, classic Southern transoms, and hand-crafted fireplace mantels provides a historical baseline that would be financially impossible to reproduce using modern building processes.
🚪 Indoor-Outdoor Architectural Retreats: The combination of the sweeping, deep wraparound ground veranda and the private second-story balcony deck adds incredible living value, creating highly sought-after fresh-air lounge zones for future guests or residents.
🌱 Expansive Half-Acre Town Footprint: Spanning a full half-acre in the heart of town, the parcel offers ample open acreage to install secure parameter privacy fencing, establish large cultivated gardens, or construct a detached carriage house or multi-car garage workshop.
📍 Strategic Terrell County Proximity: Positioned on Stonewall Street SE, the property offers a highly connected downtown lifestyle. Residents and hospitality guests enjoy a peaceful, historic small-town atmosphere while staying within a quick 25-minute commuter driving radius of the major commercial centers, healthcare networks, and regional airports in nearby Albany, Georgia.
Zillow link https://www.zillow.com/homedetails/216-Stonewall-St-SE-Dawson-GA-39842/230978266_zpid/?