At $1.5M, 1920s Peachtree Heights house offers classic restraint, park setting, discounts

The listing for this 1920s renovation in tony Peachtree Heights is certainly enthusiastic enough, spouting, “Live in a park!”, “Think charm!” and, “Most romantic setting ever!”

With five bedrooms and an obviously expanded floorplan (Zillow pegs the square footage at 3,300), it has the enviable positioning of overlooking Buckhead’s celebrated Duck Pond.

But buyers haven’t exactly gone quacky for it.

Tucked between Peachtree Road and Lindbergh, the property hasn’t traded since George W.’s first term. It was listed in May for as high as $1.75 million.

Two subsequent price-chops have brought the new ask this week to $1.55 million. Which begs the question: What’s going on (or not going on) here?

The front porch, for starters, is described as “delightful” and looks the part, opening to a fireside living room, den, and on to a level patio.

Elsewhere is an elegant but understated dining-living room combo with no shortage of windows to the backyard, which isn’t huge but probably doesn’t have to be with a park next door.

The updated, granite-filled kitchen, while large, might not be open-concept enough for Atlanta buyers in this stratosphere. The “flowing” floorplan does indeed flow, but few rooms beyond the master bedroom seem impressively large.

One highlight, literally, is the window-rimmed cupola above the stairwell, which floods that section of the house in natural light. In Atlanta, that’s a rare touch.

So it might not be Buckhead’s most romantic or charming residence, but six months on the market—even at north of a million and ¹⁄₂ bucks—smacks as a surprise.

• 23 Demorest Ave. [Harry Norman Realtors]