tomo logo

$2,999,900

Beds
7
Baths
8.5
sq ft
10,253

240 Traditions Dr, Alpharetta, GA 30004

240 Traditions Dr

Alpharetta, GA 30004

  • 41 days on market
Welcome to 240 Traditions Drive! Discover your oasis in this custom home perched on Lot 8 in the beautiful Echelon community of Alpharetta. Set on a private 2.3-acre lot surrounded by hardwoods and a serene creek, this property offers tranquility while remaining conveniently close to local amenities. When completed, with over 10,000 sq ft of living space across three levels, this residence will masterfully blend elegance, functionality, and modern design. The main level welcomes you with soaring 12' ceilings that invite natural light into the expansive open-concept layout. Enjoy cooking in a chef’s paradise featuring quartz countertops, a large island, custom solid maple cabinetry, and top-tier stainless steel appliances. The kitchen seamlessly connects to the breakfast area, dining, and living spaces. Effortlessly entertain or relax as you transition outdoors to the covered veranda, perfect for enjoying fall evenings. A fully appointed second scullery kitchen is discreetly tucked away, ideal for catering or additional meal prep. The main level includes a study desk, a Butler's pantry with a beverage fridge, guest en suite along with a spacious laundry room and full "pool" bath conveniently accessible from your future pool, should you opt for one. Ascend the elegant open-riser staircase to the upper level, where you'll find a generous Owner's suite equipped with its own laundry, a luxurious soaking tub, an oversized shower, and fully soundproofed walls for uninterrupted relaxation. Additionally, there are 4 other well-appointed secondary en suites for family and guests. The finished terrace level is designed for leisure and entertainment, offering ample space for an office, gym, game room, and more gatherings to host at the full wet bar. Get ready to enjoy movie nights as the pre-wired unfinished home theater room is ready for your personal touches. Additional Features include an elevator shaft for future convenience, 4” solid hardwood floors on the main and upper levels, quartz countertops throughout, impressive 10" ceilings on the upper and terrace levels, and pre-wired for 3 EV chargers in the garage. *Lot grading in process.* Echelon is renowned for its stunning golf course, rated the 11th best in Georgia by Golf Magazine. Designed by acclaimed architect Rees Jones, the semi-private course spans 600 acres of rolling hills with breathtaking views and a 32-acre practice facility. Located within a short drive to Avalon, Halcyon, Vickery, Crabapple, and Downtown Roswell, Hwy 9, GA 400, shopping, dining, and entertainment. Welcome to a life of luxury at 240 Traditions Drive!

Details

Property type

Single Family Residence

Property condition

Under Construction

Lot size

2.35 acres

Price per sq ft

$293

Year built

2024

Annual property taxes

$2,911

Monthly HOA fee

$112.5

Price History

09/24/2024
FMLS

FMLS #7454727

Listed
$2,999,900

Schools & Community

Elementary school: 

Macedonia

Middle school: 

Creekland - Cherokee

High school: 

Creekview

Community features: 

Clubhouse, Gated, Golf, Pool, Tennis Court(s)

Negotiation Insights

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

Seller could get up to

$1,814,068
Asking price
$2,999,900
Closing costs (~8% of asking)
-$239,992
Est. remaining loan balance
-$945,840
Cash to seller
$1,814,068

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Crescent Mortgage

Loan start date

May 2022

Original loan amount

$984,000

Est. remaining balance

$945,840

Interest rate

4.72%

Loan type

New Conventional, 30 year

Seller

Pavan Battula and Harika Vidyam

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: Active

Tomo last checked: 11/04/2024 at 5:20 PM

Listing updated: 10/22/2024 at 7:45 PM

Listed by: Jill Heineck, Keller Williams Realty Peachtree Rd. Phone #: (404) 419-3500

MLS: FMLS #7454727

FMLS logo

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