1 Emma Lane Ne, Atlanta

$4,900,000

5 Beds
6½ Baths
6 Acres
0 Garages

Current R3 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 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 and is being sold “as-is,” “Single-family residence.” New homes developed will either touch Nature Preserve or have easy access. To understand the value of this property please visit 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. The most significant undeveloped land in North Buckhead and homes in Sarah Smith Elementry sell for a premium in general. Recent sales have been in the $2,000,000 range The property has a rich history! The house has five bedrooms and eight baths. Home needs TOTAL RENOVATION AND IS "AS IS" 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® #6623973
Price$4,900,000
Bedrooms5
Bathrooms6.50
Full Baths5
Half Baths3
Acres6.00
Year Built1939
TypeLand
Sub-TypeSingle Fam Res
StyleColonial, Traditional
StatusActive
Community Information
Address1 Emma Lane Ne
Area21 - Atlanta North
SubdivisionNorth Buckhead
CityAtlanta
CountyFulton
StateGA
Zip Code30342
Amenities
ViewLake View, Other
Utilities

Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available

Interior
StoriesThree Or More
Lot Description

Cul-De-Sac, Flood Plain, Steep Slope, Street Lights, Creek On Lot, Fill Needed, Wetlands, Recreational, Residential, Vacant

School Information
ElementarySmith
MiddleSutton
HighNorth Atlanta
Additional Information
ZoningR-3
Listing Details
Listed By:PalmerHouse Properties
Property History
Price Increased from $490,000 to $4,900,000
Price Reduced from $5,100,000 to $490,000
Status Changed from Active Under Contract to Active
Price Increased from $4,750,000 to $5,100,000
Status Changed from Pending to Active Under Contract
Show All History (9)
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Listing information last updated on April 1st, 2020 at 10:45pm EDT.