tomo logo

$4,195,000

Beds
4
Baths
5.0
sq ft
4,215

170 Cherry Laurel Way, Richmond Hill, GA 31324

170 Cherry Laurel Way

Richmond Hill, GA 31324

  • 321 days on market
    • Price drop $300,000↓
Cherry Hill House: where history meets modern elegance. Originating in 1734 with the Sterling Brothers purchase of the land and flourishing under Henry and Clara Ford, this circa 1870 estate embodies timeless prestige. With 4,215 sf of interiors and 2,022 sf of porches, it blends past charm with today's luxuries, as it is currently undergoing a very thoughtful and meticulous renovation. Views showcase lush greens overlooking Lake Clara and the pristine Ford Field and River Club golf course. Inside, discover four suites, a luminous office, a gourmet kitchen with premium finishes, a scullery, and a separate owner’s entrance. The upper porch transforms into a starry sanctuary, with breathtaking views, complemented by a bespoke beverage nook. While new, the 1,184 sf 4-bay conditioned dogtrot garage is a blend of heritage and function. Construction completed February 15, 2024. Owning the Cherry Hill House is embracing an American Legacy.

Details

Property type

Single Family Residence

Est. home value

$1,166,961

Lot size

0.9 acres

Price per sq ft

$996

Year built

1870

Monthly HOA fee

$3,116.67

Price History

05/31/2024
SavannahMLS

SavannahMLS #298920

Price change
$4,195,000
-6.67%
04/08/2024
SavannahMLS

SavannahMLS #298920

Pending
$4,495,000
11/03/2023
SavannahMLS

SavannahMLS #298920

Listed
$4,495,000
+321.67%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, Clubhouse, Fitness Center, Golf, Stable(s), Playground, Tennis Court(s)

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

Great Oaks Bank

Loan start date

June 2023

Original loan amount

$1,800,000

Est. remaining balance

Not provided

Interest rate

6.27%

Loan type

Commercial, 1 year

Seller

Trip Clayton Addison and Ashley Nicole Addison

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?

Similar Homes Nearby

SavannahMLS
$4,433,000
4 bd
|
5.5 ba
|
6,567 sq ft
|
House

16 Lost Cypress Way, Richmond Hill, GA 31324

SavannahMLS
$4,650,000
4 bd
|
4.5 ba
|
5,152 sq ft
|
House

1654 Dublin Dr, Richmond Hill, GA 31324

SavannahMLS
$4,800,000
5 bd
|
6.5 ba
|
6,749 sq ft
|
House

399 McAllister Lndg, Richmond Hill, GA 31324

Status: Active

Tomo last checked: 09/18/2024 at 1:25 AM

Listing updated: 07/25/2024 at 3:59 PM

Listed by: Kacey Howard, Seabolt Real Estate Phone #: (912) 233-6609

MLS: SavannahMLS #298920

SavannahMLS logo

Recently listed in Richmond Hill