1 Emma Lane Ne

$4,900,000, 5 Beds 6½ Baths 6 Acres

About This Property

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". 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 Sarah Smith Elementary 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. 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
TypeLot / Land
Sub-TypeSingle Fam Res
StyleColonial, Traditional
StatusActive
DockNone

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

Exterior

Lot Description

Recreational, Residential, Vacant

School Information

ElementarySmith
MiddleSutton
HighNorth Atlanta

Additional Information

Days on Market163
ZoningR-3

Listing Details

Listed By:PalmerHouse Properties

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1 Emma Lane Ne, Atlanta (MLS® #6623973) 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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For issues regarding this website (and/or listing search engine, as applicable) please contact Real Estate Webmasters - 250-753-9893

Listing information last updated on May 27th, 2020 at 5:00am EDT.

First Multiple Listing Service Inc Logo Listings identified with the FMLS IDX logo come from FMLS, are held by brokerage firms other than the owner of this website and the listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work, please click here to review our DMCA policy and learn how to submit a takedown request. © 2020 First Multiple Listing Service, Inc.

For issues regarding this website (and/or listing search engine, as applicable) please contact Real Estate Webmasters - 250-753-9893

Listing information last updated on May 27th, 2020 at 4:47am EDT.

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