Here in one of Atlanta’s most exclusive districts, the listing agent is forthright in saying what’s really going on with this grand old property: “This home is in need of renovating, but the ‘good bones’ are here.”
However, mentions of the property’s sprawling 4+ acres—roughly the size of Woodruff Park, sans fountains—could make an English Tudor preservationist sweat.
Around the corner from the Governor’s Mansion in tony Tuxedo Park, on what’s described as “the best part of Valley Road,” this 1934 house has plenty worth saving. Behind it, the pool-house and detached apartment are also crying out for renovations, per the agent. But from what’s shown, it all looks beyond livable right now.
Then again, for a cool $3 million in Atlanta, who’d settled for livable?
That helps explain why the four-bedroom residence and its glorious acreage has struggled to sell since initially listing in October 2016 for $4.3 million.
Beyond the land, winding private drive, and pool, perks include a dining room large enough for a banquet, the cozy library’s fireplace, and a detached four-car garage.
The latest price cut this week—$500,000—is a pretty clear signal that sellers aren’t messing around.
- 45 Valley Road [HARRY NORMAN REALTORS]