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Prominent Atlanta developer discounts his ‘Buckhead masterpiece’ to $3.3M

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This sprawling 1980s manse, loaded with design surprises, has been listed since January

A photo of a large yellow home with red roof in Buckhead with a massive clear pool.
The setting behind 1765 Garraux Place, in northeast Atlanta.
Atlanta Fine Homes Sothebys International

Betting on a boomtown like Atlanta can pay dividends—like a nearly 10,000-square-foot place to lay your head. And hang your art.

Available on the market through most of 2019 has been the custom 1987 showplace of Steve Selig, the president and chairman of Selig Enterprises who’s been a player in Atlanta development since well before Hammerin’ Hank broke the record.

The seller of this “Buckhead masterpiece” is the current patriarch of Selig, an active developer that holds an empire of commercial property throughout the Southeast, the majority of it in Atlanta. The company’s splashiest ongoing project at the moment is the multi-tower 1105 West Peachtree, which is transforming a Midtown block.

As for the listing, this six-bedroom “entertainer’s dream home” can be found on three and a half acres off Paces Ferry Road, just west of Interstate 75.

It was initially listed in January just shy of $4 million, and a second price adjustment this week has brought it to $3,250,000, via Atlanta Fine Homes Sotheby’s International.

With its somewhat understated Mediterranean leanings and whimsical touches, it’s anything but a typical Buckhead palace. The walls are loaded with pop iconography and a gallery’s worth of originals.

The garage fits four cars—a reminder that the WalkScore of measly 1 is all but irrelevant.

Interior designs by Stan Topol skew toward contemporary without being too cold, and colors are largely neutral. Accessible by virtually the entire main floor, the sparkling pool is a certified highlight.

The property joins about eight non-pending houses around Buckhead priced in the $3.2 to $3.3-million range at the moment.

A white room with white chairs and very expensive looking paintings on the walls.
The emphasis on artwork begins in a sitting room off the entry.
A black room with a dining table in the middle and paintings on the walls.
A main-floor dining space in glossy black.
A photo of a living room with white chairs and many windows.
A more formal living room with pool access.
A photo of a massive kitchen and bank of windows.
The updated kitchen with informal dining. And skylights.
A photo of a living room with a big couch and so many windows.
Clerestories over a more relaxed, step-down living room.
A photo of a master bedroom with an actress on the wall.
Master bedroom.
A photo of a master bathroom with massive showing and tub spaces.
Separate showering and tub vestibules in the huge master.
A bedroom with marilyn monroe on the wall, in a massive photo.
Ancillary bedroom.
A big white attic bedroom space with a green ceiling fan.
The top level brings the whimsy, as with this bedroom.
A play area with colorfully painted walls.
And this playful area.
A photo of a large room with a pool table.
The downstairs rec center.
A photo of a big house with a tiled roof and yellow facade.
The tiled roof and lightly Mediterranean facade.