Idylwilde Home with Designer
540 Homestead Park Place, Canton, GA 30115
Single-Family Home, Craftsman|Farmhouse - Canton, GA
Type:Farm
Property size:
2,991 SFLot size:
0.12 Acres- Added:
- Apr 6, 2026
- Days on Market:
- 41
- Last Refresh:
- May 16 at 1:06 pm
Property Features for 540 Homestead Park Place
General Information
- Property type
- Other
- Property subtype
- Farm
- Bedrooms
- 4
- Bathrooms
- 4
- Rooms
- Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
- Parking
- 2
- Interior features
- Bookcases, Disappearing Attic Stairs, Double Vanity, High Ceilings 10 Ft Main, High Speed Internet, His And Hers Closets, Recessed Lighting, Walk-in Closet(s), High Ceilings 9 Ft Upper, Crown Molding
- Exterior features
- Private Entrance, Rain Gutters, Courtyard, Other
- Appliances
- Cooktop, Dishwasher, Garbage Disposer, Microwave, Range, Refrigerator
- Standard status
- Pending
- Size
- 2,991 SF
- Lot size
- 0.12 Acres
Utilities
- Heating system
- Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 2022
- Flooring type
- Carpet, Hardwood, Tile, Wood
- Roof type
- Composition, Metal, Shingle
- Architectural style
- Craftsman
Listing agent Andrea Hanley (404) 457-9338
Listing office Alpharetta / North Fulton Office 33 South Main Street, Suite 201, Alpharetta, GA (770) 475-0505
Listing date Apr 6, 2026
MLS# 7725297
Listing URL
Copyright © 2026 Berkshire Hathaway HomeServices Georgia Properties. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Gated community offering a pool, clubhouse, pickleball courts, garden, trails, and green space.
- Enjoy the main‑level primary suite featuring two oversized closets and a zero‑entry shower with rain and dual shower heads.
- Open floor plan with 10‑foot ceilings, hardwood floors, and plantation shutters on the main level.
- Gourmet kitchen boasts double‑stacked white cabinetry, quartz countertops, and a navy‑blue island.
- Fenced yard with covered patio and front porch with green space views.
- Upstairs features 3 bedrooms, a loft, 2 bathrooms, and walk‑in attic storage.
Overview
This beautifully appointed home is located in the gated Idylwilde community and designed for main-level living. The open floor plan features 10-foot ceilings and hardwood floors throughout the main level, complemented by 3-inch plantation shutters in every room. The great room includes a shiplap fireplace framed by floating shelves. The kitchen features double-stacked white cabinetry, quartz countertops, and a navy-blue island. The primary suite on the main level includes two oversized closets and a bath with a zero-entry shower with a rain head and dual shower heads. A half bath, laundry room with sink, and mud room with built-in cabinets add practicality. Upstairs, there are three bedrooms, a loft, two bathrooms, and a walk-in attic/storage room. Outdoor features include a fenced yard and covered patio. The front porch offers views of the neighborhood green space. The community provides a pool, clubhouse, pickleball courts, community garden, walking trails, and green space. The property has convenient access to major highways, shops, restaurants, and parks. The lot size is 0.12 acres, and the property size is 2991 square feet.
Financial Insights
Value Estimation Calculated for Apartment 5plus
Conservative
$446.5K
NOI $40,181 @ 9.00% cap · cautious / downside scenario
Moderate
$574.0K
NOI $40,181 @ 7.00% cap · market / base-case scenario
Aggressive
$803.6K
NOI $40,181 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
Calculated for Apartment 5plus
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $77.9k | $26.04 |
| − Vacancy | −$4.8k | −$1.61 |
| EGI | $73.1k | $24.43 |
| − OpEx | −$32.9k | −$10.99 |
| NOI | $40.2k | $13.43 |
2,991 SF · lease $26.04/SF/yr · vacancy 6.20% · expense 45.00%
Alternative Use Scenarios
Best Use
Apartment 5plus
$574.0K
$502.3K – $669.7K
NOI $40,181 @ 7.0% cap · market cap 5.91%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$839.9K
$734.9K – $979.9K
NOI $58,791 @ 7.0% cap · market cap 8.65%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Single family properties
Map
- City
- Canton
- County
- Cherokee
- State
- Georgia
- Longitude
- -84.4682
- Latitude
- 34.1774
Nearby Similar for Sale
FAQs
What type of property is this?
Single family property - Gated community home with main-level living and designer upgrades.
Where is this single family property located?
The property is located at 540 Homestead Park Place Canton, GA.
What is the asking price?
The asking price for this property is $679,900.
What are key features of this property?
This property features: Gated community offering a pool, clubhouse, pickleball courts, garden, trails, and green space.; Enjoy the main‑level primary suite featuring two oversized closets and a zero‑entry shower with rain and dual shower heads.; Open floor plan with 10‑foot ceilings, hardwood floors, and plantation shutters on the main level.
