tomo logo

$6,299,900

Beds
6
Baths
6.5
sq ft
271

5271 Lake Forrest Dr, Atlanta, GA 30342

5271 Lake Forrest Dr

Atlanta, GA 30342

  • 65 days on market
    • Price drop $200,000↓
Extrodinary quality and craftsmanship by award winning builder, Loudermilk Custom Homes. Custom French Transitional design on a wooded 3+ acre lot and featuring the finest designer selections by Loudermilk Designs, "smart" home technology and located in highly sought-after Chastain Park. Souring three-story staircase and 12-foot ceilings on the main floor elevate the overall ambiance of this home. Additional features include 20-foot glass pocket doors, multiple interior linear fireplaces, multi car garage and walk out covered veranda. The state-of-the-art kitchen features Wolf and Sub-Zero appliances plus a prep kitchen housing additional appliances and storage. Primary bedroom on main with private access to the laundry and two spacious closets. Secondary bedroom upstairs with en-suite bathrooms and large flex room for future home amenities. The unfinished basement can accommodate an additional guest suite, home gym/sauna, wine cellar/bar, media room and can accommodate a future elevator to access all levels. This home is perfect for entertaining with a custom luxury pool on a private walk-out first-floor lot. This luxury home is located within minutes of parks, schools, restaurants, and high-end shopping. Loudermilk Homes can build this home or another custom home on your lot!

Details

Property type

Single Family Residence

Est. home value

$1,640,153

Property condition

New Construction

Lot size

3.03 acres

Price per sq ft

$23,247

Year built

2024

Annual property taxes

$10,266

HOA

Yes

Price History

10/07/2024
FMLS

FMLS #7447582

Price change
$6,299,900
-3.08%
08/30/2024
FMLS

FMLS #7447582

Listed
$6,499,900
-3.71%
05/17/2024
FMLS

FMLS #7361251

Removed
$6,750,000

Schools & Community

Elementary school: 

Heards Ferry

Middle school: 

Ridgeview Charter

High school: 

Riverwood International Charter

Community features: 

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

Lima One Capital

Loan start date

October 2023

Original loan amount

$3,383,690

Est. remaining balance

$0

Interest rate

7.12%

Loan type

New Conventional, 1 year

Seller

Jc Blvd Property 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?

Similar Homes Nearby

Price drop
FMLS
$6,100,000
7 bd
|
8.5 ba
|
House

5501 Long Island Dr NW, Atlanta, GA 30327

Price drop
FMLS
$5,500,000
7 bd
|
9.5 ba
|
House

4660 Jett Rd, Atlanta, GA 30327

Sold
FMLS
$989,000
4 bd
|
3.5 ba
|
2,043 sq ft
|
House

5211 Powers Ferry Rd, Atlanta, GA 30327

Status: Active

Tomo last checked: 11/03/2024 at 8:00 AM

Listing updated: 10/22/2024 at 2:35 PM

Listed by: The Loudermilk Group, Keller Williams Buckhead Phone #: (404) 604-3800

MLS: FMLS #7447582

FMLS logo