tomo logo

$2,150,000

Beds
5
Baths
7.5
sq ft
9,000

306 Timberview Trl, Alpharetta, GA 30004

306 Timberview Trl

Alpharetta, GA 30004

  • 87 days on market
    • Price drop $550,000↓
With only finishing touches remaining for completion, this gorgeous new construction Milton-style board and batten home is being offered below current appraisal - providing a good opportunity to potentially gain up to $100k of equity upon purchase. Buyer may engage builder to finish the home after closing on a cost plus basis, or Buyer may choose their own builder to complete the finishing touches. A beautiful design plan has been created which is included in the listing documents. This Milton-style home is reminiscent of a mountain retreat, as the stunning woodland views take center stage. Located on a corner lot in the graceful Chatham section of Milton's Blue Valley, this exclusive gated section of Blue Valley offers private luxury; yet, it's just minutes to Alpharetta's lively areas of restaurants and shopping. As you proceed through the security gate, you are greeted with gas lantern-lined boulevards and beautiful greenery. You'll enter the home via the expansive front veranda, through double front doors, or via the breezy porte' cochere, opening into the custom mudroom and kitchen area. The main level features a generous foyer, flanked by an office/library to the left, with cedar coffered ceiling and handsome wood shelving. A lovely open staircase is to the foyer right. The open main floor offer expansive views to the terrace level saltwater pool, spa, and wooded backyard. The plan to finish includes an oversized waterfall island and unexpected entrance to a sizable pantry (with a planned beverage chiller, microwave and ice maker), along with stainless appliances and a six burner gas range. The left wing contains the primary bedroom suite with vaulted ceiling and cedar cross beams, large primary bath (tile installed), custom his and her closets and oversized laundry room (cabinetry installed), and has walk-out access to the back veranda. A large private guest suite is tucked adjacent to the kitchen in the right wing, near the breezeway leading to the three-car garage. Adjacent to the finished mudroom is a large storage closet, designed for a future elevator. The upper level features three sizeable bedroom suites with private full baths (tile and vanities installed) and finished custom closets. A second laundry room serves the upper floor (cabinetry installed). A media room and an enormous bonus room could each serve as a nanny/in-law suite or flex room, as both are accessible to a fourth hallway bath. A refreshment center is planned in the central landing area. The terrace level includes a future home theater, (wiring installed), gym, wine room, and a safe room that could double as a sports practice room. A large full bathroom with generous walk-in shower and locker room/pool changing area is next to the gym. The terrace level opens to a saltwater pool (almost finished), with planned waterfalls on the side wall, as well as a spa spillover. Other features of note include 50-year architectural shingles, space for a future elevator, spray foam insulation (think low utility costs), and wiring for speakers inside and outside. The Blue Valley community offers a well appointed clubhouse, pool, walking trail, stocked lake, and tennis. This Chatham enclave offers the bonus of lower Cherokee taxes, as it is "just across the street" from Fulton County. Access to nearby first class golf courses is available via a Club Corp membership. We'd love to walk you through you this beautifully designed, almost-finished home.

Details

Property type

Single Family Residence

Est. home value

$159,791

Property condition

New Construction

Lot size

1.00 acres

Price per sq ft

$239

Year built

2024

Annual property taxes

$6,757

Monthly HOA fee

$132.92

Price History

06/07/2024
FMLS

FMLS #7364598

Price change
$2,150,000
-20.37%
05/26/2024
FMLS

FMLS #7364598

Price change
$2,700,000
-1.82%
05/09/2024
FMLS

FMLS #7364598

Price change
$2,750,000
-1.79%

Schools & Community

Elementary school: 

Avery

Middle school: 

Creekland - Cherokee

High school: 

Creekview

Community features: 

Clubhouse, Fishing, Gated, Playground, Pool, Sidewalks, Street Lights, 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

Ftf Lending

Loan start date

April 2023

Original loan amount

$1,846,000

Est. remaining balance

Not provided

Interest rate

6.65%

Loan type

New Conventional

Seller

R & R Development Group Llc

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: 07/02/2024 at 2:00 PM

Listing updated: 06/13/2024 at 1:06 PM

Listed by: Joy Mobley, NorthGroup Real Estate Phone #: (404) 383-6616

MLS: FMLS #7364598

FMLS logo

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