$4,900,000 1 Emma Lane Ne, Atlanta GA 30342 MLS #: 6623781 North Buckhead

Listing Provided Courtesy Of: Palmerhouse Properties
  • 5 Beds
  • 6.5 Bath
  • 3,931 SqFt
  • $1,246.50 / SqFt
  • Estimated SqFt Source
  • HOA: N/a
REDUCED

Description of 1 Emma Lane Ne, Atlanta, GA, 30342 - North Buckhead

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.

Essential Information

  • MLS® #6623781
  • Price$4,900,000
  • Bedrooms5
  • Bathrooms6.50
  • Full Baths5
  • Half Baths3
  • Square Footage3,931
  • SqFt SourceEstimated
  • Acres6.00
  • Year Built1939
  • TypeResidential
  • Sub-TypeColonial
  • StatusActive
  • Days on Website250

Community Information

Parking

Driveway, Garage, Side/Rear Entry

Interior

High Ceilings 9 ft Main, Bookcases, Entrance Foyer

Exterior

Lot Description

Back Yard, Cul-De-Sac, Flood Plain, Front Yard, Lake/Pond On Lot, Sloped, Wooded

Water Amenities

  • Lake NameNone
  • DockNone

Amenities

  • AmenitiesLake
  • UtilitiesNone
  • Parking Spaces9
  • # of Garages2
  • ViewLake View
  • PoolNone

Interior

  • AppliancesRefrigerator, Other
  • HeatingForced Air, Natural Gas
  • CoolingOther
  • FireplaceYes
  • # of Fireplaces2
  • StoriesTwo
  • BasementFinished, Full

Fireplaces

Family Room, Great Room, Living Room, Masonry

Exterior Features

Gas Grill, Garden Area, Private Backyard, Walk out courtyard

School Information

  • ElementarySmith
  • MiddleSutton
  • HighNorth Atlanta

Listing Provided Courtesy Of: Palmerhouse Properties.

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Listing information last updated on June 3rd, 2020 at 6:00pm EDT.

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