Old Fourth Ward remodel near Ponce City Market is gunning for record $1.2M

Somewhat hidden in plain sight, the Old Fourth Ward’s Kennesaw Avenue has seen its share of tantalizing and dramatic home renovations—and subsequent price inflations—over the past several years.

But now, from a hilltop between Boulevard and Ponce City Market, a recent bungalow-expansion project is aiming for a whole new plateau.

Listed last week for $1.2 million, this five-bathroom residence is a sizable blend of classic (see: brick fireplace and welcoming front porch), contemporary (the entire backside elevation), and hot trends (shiplap, barn doors) that could, collectively, find a sweet spot for monied buyers needing big space in O4W. It counts an even 3,100 square feet.

But still—is the ask reasonable?

Records indicate the only other O4W home to nip the $1-million mark was a four-bedroom modern (400 square feet smaller) that traded in August. Unlike this to-the-studs remodel on Kennesaw Avenue, it was new from the ground up and closer to the Beltline.

Given proximity to PCM and Ponce, the Kennesaw Avenue location, not surprisingly, carries a “Walker’s Paradise” 90 WalkScore. Nonetheless, the lack of a garage, carport, or even artful tarp could be a hindrance; instead, the alley-entry parking pad is made of slate chips.

Perks include views out the back of the house alternately described as “spectacular,” “panoramic,” “million dollar,” and “breathtaking” in the listing. They’re especially impressive from the soaring master-bedroom complex.

The front door opens directly into a rather vast living and dining section, which showcases the aforementioned fireplace, a 15-foot kitchen island of marble, Bertazzoni appliance packages, and what’s described as “bespoke cabinetry by [a] master craftsman.” Similarly, the landscaping is the handiwork of “renowned architect.”

In any case, it’s an ambitious project described as a “one-of-a-kind Arts & Crafts masterpiece”—with masterpiece pricing.

Google Maps

• 636 Kennesaw Ave. [eXp Realty Associates]