tomo logo

$1,400,000

Beds
5
Baths
6.5
sq ft
5,000

1240 Spalding Dr, Atlanta, GA 30350

1240 Spalding Dr

Sandy Springs, GA 30350

  • Pending
Welcome to a sanctuary of modern elegance in Sandy Springs, GA. This magnificent 5,000 sq. ft., 5-bedroom, 6-bathroom estate rests on 1.13 private acres, offering luxury living with every amenity for relaxation and entertainment. Step through the grand foyer into an open-concept layout where exquisite hardwood floors extend throughout. The gourmet kitchen, a chef's dream, features top-of-the-line luxury appliances, quartz countertops, and a spacious walk-in pantry. The kitchen seamlessly overlooks a sunlit family room, creating a perfect setting for gatherings. A custom wine storage area adds a sophisticated touch, and 15-foot sliding glass doors lead to a sprawling 1,000+ sq. ft. rear deck, blending indoor and outdoor living with panoramic views. The main-level primary suite is a tranquil escape with a private 9-foot sliding patio door leading to serene outdoor views. The en-suite bathroom exudes spa-like luxury, featuring a glass-enclosed soaking tub and a separate rainfall shower. The upper level boasts four additional bedrooms, each with its own en-suite bathroom, alongside a versatile loft and dedicated media room. For ultimate entertainment, descend to the finished basement with a state-of-the-art theater room, perfect for movie nights and hosting. This exceptional property epitomizes sophistication, combining contemporary design and luxury finishes in a coveted Sandy Springs location.

Details

Property type

Single Family Residence

Est. home value

$534,951

Property condition

New Construction

Lot size

1.30 acres

Price per sq ft

$280

Year built

2024

Annual property taxes

$1,605

HOA

No

Price History

11/15/2024
FMLS

FMLS #7485333

Pending
$1,400,000
11/12/2024
FMLS

FMLS #7485333

Listed
$1,400,000
+115.38%
09/22/2023
FMLS

FMLS #7252032

Sold
$650,000

Schools & Community

Elementary school: 

Woodland - Fulton

Middle school: 

Sandy Springs

High school: 

North Springs

Community features: 

Park, Playground, Street Lights

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Groundfloor Credit 1

Loan start date

September 2023

Original loan amount

$695,830

Est. remaining balance

$0

Interest rate

6.9%

Loan type

New Conventional, 0 year

Seller

Nfinite Solutions Consulting & Developme

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Pending/Under Contract

Tomo last checked: 11/22/2024 at 6:05 AM

Listing updated: 11/15/2024 at 9:15 AM

Listed by: Meko Fountain, Compass Phone #: (404) 668-6621

MLS: FMLS #7485333

FMLS logo

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