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$7,950,000

Beds
8
Baths
9.5
sq ft
13,484

895 W Paces Ferry Rd NW, Atlanta, GA 30327

895 W Paces Ferry Rd NW

Atlanta, GA 30327

  • 441 days on market
    • Price drop $800,000↓
HUGE PRICE REDUCTION!!!! Owner Financing Available. Ask Me Details. A wonderful opportunity to purchase & own one of the most stunning homes on West Paces Ferry Road has become available. 895 W Paces Ferry Rd is a Steve West classic w/ William Harrison modifications. Although resembling Old World Class this home is very comfortable w/ all the modern conveniences. Built to impress & known for its elegance, the home sits on the highest elevation on an acre of land overlooking W Paces Ferry & Pace Academy. As you ascend the gated drive up to your home, notice the slight variation in stone color. Constructed w/ darker stone at the base so not to allow staining & lighter stone as the view reaches the gabled roofs is just one architectural detail. The front motor court allows for at least six parking spaces. Follow the curved drive thru the Port-A-Cache into the second motor court w/ a 4-car garage w/ a 2 face 2 garage design w/ 2 more spaces for outdoor parking. As you enter the foyer w/ 22a ceilings (throughout main level) you will see to the left a formal dining room that seats 10+. Directly across from the dining room, is a stately judge's paneled parlor w/ coffered ceilings. The focal point of this room is the beautifully h& carved 400-year-old French mantel from a French Chateau. The flooring of the house consists of beautiful N. Carolina Ash hardwoods & imported solid French limestone tiles pillowed w/ fossils engrained in the stone. Asian scene silk wallpaper adorns the formal living room; includes an exquisite carved stone fireplace. Adjoining the living room is a covered porch extending the length of the house. Featured on the main level is the MB which includes a bay window overlooking pool & backyard. The double-sided Carrere marble fireplace transcends you from the bedroom to the bathroom. The bathroom has a separate water closet, double vanity, soaking tub, separate double headed shower & heated floors. The walk-in closet has W/D connections; ample storage space. A private entrance from the MB leads onto the porch. 2 powder rooms w/ custom furniture vanities & cabinetry are also on the main floor. The grand staircase takes you to the second floor. All handrails are hand made by a master blacksmith out of Canton, Georgia. There is a second floor sitting room w/ a stone fireplace that can double as a music room. This area is large enough to hold a 12-piece orchestra. Place your musicians in the space to entertain your guests as they enter your home for parties. Upstairs - 5 bedroom suites, each w/ a private bathroom. 1 bedroom has a Juliette balcony overlooking the great/family room. Bedroom 2 has a private outside patio that is currently being used as a study. There is an In-Law Suite w/ kitchenette. From this area a second staircase takes you down to the kitchen area. The kitchen has 3 serving/preparing countertops, a hidden walk-in pantry, a butler's pantry, & full beverage center. All cabinetry & woodwork were constructed by Karpaty. Notice the solid hand carved spirals at the end of countertops. The kitchen is equipped w/ top-of-the-line appliances. Beautiful mosaic artwork lies behind the Wolf stove & oven. The breakfast area w/ a solid carved concrete dome ceiling seats 8 & opens into a sunken family room. The great/family room has a fireplace w/ cathedral ceilings & flying buttresses. It opens onto a covered porch w/ another cathedral ceiling to compliment the great/family room. This outdoor area has a stacked stone fireplace. The covered porch has 3 seating areas all overlooking the pool. The spa seats 6 & descends into a catch pool before cascading into a babbling brook & waterfall into the salt water pool. The large backyard is great for entertaining w/ multiple gated points of entry. There is a fire pit off the porch for those cool evenings. The pool deck connects to a terrace level loggia w/ grilling kitchen & pool storage room. The terrace level includes 2 BR suites; continued in private remarks

Details

Property type

Single Family Residence

Est. home value

$8,018,375

Lot size

1.08 acres

Price per sq ft

$590

Year built

2007

Annual property taxes

$95,000

Price History

09/01/2024
GeorgiaMLS

GeorgiaMLS #10178557

Removed
$7,950,000
08/30/2024
GeorgiaMLS

GeorgiaMLS #10178557

Removed
$7,950,000
08/26/2024
GeorgiaMLS

GeorgiaMLS #10178557

Listed
$7,950,000

Schools & Community

Neighborhood: 

Kingswood

Elementary school: 

Jackson

Middle school: 

Sutton

High school: 

North Atlanta

Community features: 

Gated, Park, Sidewalks, 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

Suntrust Mortgage Inc

Loan start date

January 2009

Original loan amount

$5,600,000

Est. remaining balance

Not provided

Interest rate

2.75%

Loan type

Stand Alone Second, 30 year

Seller

Joseph C Allegra and Marilyn D Allegra

Lender

Suntrust Mtg Inc

Loan start date

January 2008

Original loan amount

$5,600,000

Est. remaining balance

Not provided

Interest rate

6.25%

Loan type

New Conventional, 30 year

Seller

Joseph C Allegra and Marilyn D Allegra

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: 09/20/2024 at 12:25 AM

Listing updated: 09/01/2024 at 10:44 PM

Listed by: Bob Espy, Espy R/E & Development Company

MLS: GeorgiaMLS #10178557

GeorgiaMLS logo

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