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$4,500,000

1 Emma Lane NE
Atlanta, GA 30342

For Sale|Single Family Home|Active
5 Beds
8 Baths
3,931 SqFt
Built in 1939
141 Days Online
$1,145/SqFt
Subdivision:
North Buckhead
County:
Fulton

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1 Emma Lane NE1 Emma Lane NE1 Emma Lane NE1 Emma Lane NE
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Grand 1939 "As Is" Mansion on Six Acre Site Ideal For Development. Current R-3 zoning, TEN BUILDING LOTS could be developed. Within walking distance of Sarah Smith Elementary School, the property is less than two miles from Lenox Square and Phipps Plaza. The essence of tranquility, yet so near the vibrancy of Buckhead's Financial District. Many of the proposed lots would be adjacent to the 30 acre Blue Heron Nature Preserve. Emma Lane was once the driveway to the existing 1939 mansion. The once-grand home would require total renovation. New homes developed will either touch Nature Preserve or have easy access. To understand the value of this property, please visit the Nature Preserve at the end of Emma Lane. Cross the bridge and take the path to the left. There is a 3-mile trail and the supporters have built bridges and wonderful paths along the stream. This is the most significant undeveloped land in North Buckhead and homes in the Sarah Smith Elementary district sell for a premium. Recent sales have been in the $2,000,000 range. The property has a rich history! The original owner, Wiley M. Moore had 200 acres and this property was the centerpiece. Current land use is for one house on the lot. The city of Atlanta has reviewed the site plan for the proposed 10 lots and any subdivision would be the responsibility of the buyer. Offers requiring zoning changes will not be considered.

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Listing Snapshot
Price
$4,500,000
Days Online
141 Days
Bedrooms
5
Inside Area (SqFt)
3,931 sqft
Total Baths
8
Partial Baths
3
Lot Size
6 Acres
Year Built
1939
MLS Number
6623781
Status
Active
Property Tax
N/A
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Public Records
Friends & Family
Recent Activity
12 hours agoListing updated with changes from the MLS
3 weeks agoPrice changed to $4,500,000
4 months agoPrice changed to $4,900,000
5 months agoListing first seen online
General Features
Basement
FinishedFull
Construction
Brick 4 Sides
Lot
Back YardCul-De-SacFlood PlainFront YardLake/Pond On LotSlopedWooded
Style
Colonial
Parking
DrivewayGarageGarage Faces Rear
Sewer
Public Sewer
Special Circumstances
Agent Related to SellerSold As/Is
HOA Rental Restrictions
0
Owner Financing
No
Property Condition
Resale
View
Lake
Interior Features
Appliances
RefrigeratorOther
Bedroom
Other
Cooling
Other
Fireplace
Family RoomGreat RoomLiving RoomMasonry
Flooring
Hardwood
Heating
Forced AirNatural Gas
Interior
High Ceilings 9 ft MainBookcasesEntrance Foyer
Kitchen
Breakfast RoomCabinets Other
Master Bath
None
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Exterior Features
Construction
Brick 4 Sides
Exterior
Gas GrillGardenPrivate YardCourtyard
Fencing
None
Pool
None
Roof
Composition
View
Lake
Community Features
Dock
None
Lake Name
None
Community Amenities
Lake
Accessibility Features
None
Security Features
None
Schools
School District
Unknown
Elementary School
Smith
Middle School
Sutton
High School
North Atlanta
Listing Provided Courtesy Of: Marc Nicholson of PalmerHouse Properties

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Neighborhood & Commute
Source: Walkscore
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