Rare opportunity in the City of Decatur, where renovated and newly built homes regularly command seven-figure prices! Situated on an expansive 1/2-acre private lot, 424 E Pharr Road offers exceptional potential for renovation, expansion or new construction in the Dearborn Park neighborhood. This solid, well-maintained original home is ready for its next chapter and features 3 bedrooms, 2 full bathrooms, one of which is a tub and shower combination, and traditional living spaces filled with possibility. The separate living room is anchored by a fireplace, creating an inviting gathering space with timeless character ready to be reimagined. One of the property's standout features is the full unfinished walkout basement with both interior and exterior access. Currently housing the laundry area, this versatile space offers tremendous potential for future finished living space, additional bedrooms, recreation areas, home office, guest suite or expanded storage. The generous and expansive lot presents a compelling opportunity for homeowners, investors or builders seeking a prime homesite in the City of Decatur school district. Buyers should verify zoning, setbacks and development possibilities to determine suitability for renovation, expansion or new construction. Enjoy an unbeatable location just minutes from Downtown Decatur, Agnes Scott College, Emory University, CDC, parks, restaurants, shopping and major interstates. Opportunities with this much land, location and potential are increasingly rare. No sign. Please do not disturb occupants. Estate owned, sold AS IS and shown by appointment only.