Sales comparison approach using 3 comparable sales within 0.5 miles sold in last 6 months. Adjusted for renovation quality, lot size, and bedroom count. Assessed value of $45,088 appears below market.
Renovated 3-Bed Ranch Steps from Lake Olmstead Park
What stands out first at 2052 Clark Street is how a classic midcentury ranch has been refreshed for today: a low-maintenance metal roof above a clean, single-story plan, and a modern galley kitchen finished with stainless appliances and granite countertops. I toured this 880-square-foot home with the updated floors and fresh paint still feeling new underfoot. The floorplan places three bedrooms and two bathrooms within an efficient layout that suits an owner-occupant or an investor seeking turnkey rental income.
The lot — roughly 0.17 acres (7,405 SF) with a 50-foot frontage on Clark Street — opens to a surprisingly generous backyard for the neighborhood. There’s room for a garden, a play area, or an accessory structure given R-2 zoning that allows two-family or accessory dwelling use (buyer to verify). A concrete parking pad at the front provides off-street parking for two cars; the level site simplifies landscaping or future improvements.
Location is a quiet strength here. Lake Olmstead Park sits just a few blocks away, offering walking paths and green space; Augusta University is a short drive, and downtown Augusta and the city’s major employers are easily reachable. The property’s recent renovations reduce near-term maintenance needs — updated HVAC, modern finishes, and a durable metal roof — so new owners can move in or list immediately.
From a value perspective, this listing aligns with recent nearby sales: comparable ranches on Clark Street have closed between $145,000 and $155,000 in the last six months, placing this home squarely within current market expectations. For investors, recent lease history in the block supports an estimated rent near $1,300/month (rent per SF ~ $1.48), translating to attractive gross yield potential for a property of this size and condition.
If you’re looking for a thoughtfully renovated, single-level home close to green space and city amenities, 2052 Clark Street is both practical and well-positioned. Agents and buyers should confirm renovation permits, lot dimensions, and zoning uses during due diligence, and I’m available to arrange a walkthrough and provide neighborhood comparables on request.
See the properties helping shape the valuation.
Comparable sales
- Same living area
- Similar lot size
- Same year built
- Same living area
- Similar lot size
- Same year built
- Same living area
- Similar lot size
- Same year built
A 1952 ranch on 0.17 acres.
Building
Site & utilities
Lake Olmstead
Researched nearby locations
Location
2052 Clark Street, Augusta, GA 30904
Lake Olmstead is a mature Augusta neighborhood defined by its lakeside park, tree-lined streets, and close-in access to downtown. Residents enjoy easy walks to Lake Olmstead Park, short drives to Augusta University and city amenities, and a community scale that balances quiet residential character with convenient access to restaurants and services. The neighborhood’s steady appreciation and proximity to major anchors make it attractive to both families and investors seeking a central, amenity-rich location.
Very good access to outdoor recreation with Lake Olmstead Park under a quarter mile away, Augusta National Golf Club within a few miles, and neighborhood walking paths for daily exercise.
A factual market snapshot around 2052 Clark Street.
The Lake Olmstead submarket is operating as a balanced market with slight seller advantage: inventory sits at about 2.5 months and average days on market are near 35. Median sale price in the area is roughly $145,000, and reported appreciation has been steady — roughly 5% year-over-year and about 15% over five years. Recent closed comps on Clark Street cluster between $145k–$155k, which supports the $149,000 list price for this renovated ranch (≈ $170/SF).
For single-family homes of this size and condition, demand is consistent from both owner-occupants and small-scale investors; proximity to Augusta University and downtown keeps rental interest healthy. Current lease comparables and prior rent history for this address indicate achievable monthly rent near $1,300, giving a rough gross rental yield above 10% before expenses. Given the ~2.5 months of inventory and relatively quick sale cadence in the corridor, buyers should expect a competitive but not frenetic market — good opportunities remain for buyers who move decisively, and sellers still see solid pricing when properties are well-prepared and priced in line with comps.
Two-Family Residential
Zoning
Research-indicated uses
- Single Family
- Two Family
- Accessory Dwelling Unit
Assessment data and recorded transactions.
Assessed value is kept visually separate from the CompCasa market-value estimate.
Tax assessment
Sale history
Rental references from the research record.
Context only—not an investment recommendation or guarantee of achievable rent.
Supporting lease references
- Same living area
- Same living area
What the research supports — and what is still worth verifying.
Key findings
- Property listed for sale on January 26, 2026, at $149,000
- Assessed value of $45,088, significantly below market value
- Zoned R-2, allowing for two-family dwellings or accessory units
- Comparable sales within 0.5 miles range from $140,000 to $160,000
- Average days on market in the area: 35 days
Still worth verifying
Routine buyer due diligence items; these are not known defects.
- Confirm lot dimensions and boundaries
- Verify renovation permits were properly pulled
- Confirm zoning restrictions and allowances
- Professional home inspection
- Assess local rental demand and rates
What stands out about this property.
Interior Features
- 3 bedrooms, 2 full bathrooms
- Updated flooring throughout
- Fresh interior paint
- Modern kitchen with stainless steel appliances
- Granite countertops
- Single-story ranch floorplan
- Central heating and central air conditioning
- 880 square feet of living space
Exterior & Lot
- 0.17-acre lot (7,405 SF) with 50' frontage
- Metal roof for longevity
- Level rear yard with ample outdoor space
- Concrete parking pad (est. 2 spaces)
- Wood-frame construction, built 1952
Location & Neighborhood
- Lake Olmstead Park — ~0.2 mile proximity
- Augusta University — ~1.5 miles
- Augusta National Golf Club — ~2.5 miles
- Downtown Augusta — ~2 miles
- Broad Street (primary corridor) approximately 0.3 miles away
- Zoned R-2 (Two-Family Residential / accessory unit potential)
Walkability & Recreation
- Walkability Rating: 60/100 — Some walkable amenities
- Nearby parks and green spaces: Lake Olmstead Park
- Hiking/biking and neighborhood walking paths adjacent to the lake
- Golf course access: Augusta National Golf Club (2.5 miles)
- Running/walking paths at local park
- Community recreation within a short drive
Sources & research confidence.
See where the property research came from and how confidence varies by field.