Active

2972 Lookout Place NE

Atlanta GA, 30305

$4,500,000


$461.07 per sqft

Active

8 Beds

11 Baths

9,760 sqft

Residential

Built in 2016

INCOME, INCOME, INCOME-Live/Work/Rent in the heart of Buckhead in a custom built 8-bedroom 9500 sq. ft. home with an additional 2400 sq. ft of storage, and a 3-car garage. Unique property zoned residential/commercial. Use the entire space yourself or utilize the opportunity for either full or partial lucrative income producing aspects the property offers. Detached and separate entrances in every access point of this property. Located in Garden Hills walkable to all area restaurants, the Streets of Buckhead, parks, and area businesses. Close to both I-75, I-85, and GA 400 with easy ways to quickly access your destination.

Use your entrepreneurial imagination on the best use and utilization of this property. Perfect for in town living, multigenerational living, a Bed and Breakfast, Chef inspired meals with Wine Tastings, Wedding Venue, with an office area on the bottom floor to privately meet clients. The office is the Ultimate Professional Space** - Four beautifully appointed individual offices, two with full baths - A reception area for your clients, including a handicapped-accessible bath - A break room - A conference room - A separate entrance featuring its own gourmet kitchen, two full baths, and exclusive meeting space. Take the elevator from your office to the additional levels of the home which you can arrange with your vision in mind. The elevator will take you to the 2nd floor which opens to A chef's and caterer's kitchen equipped with premium Wolf/Subzero appliances, four sinks, two dishwashers, and a butler's pantry -Nest Utilities tankless water heaters, AC units with ERV ventilation, Spray in insulation for energy control and efficiency - A 600 Bottle wine room that is temperature-controlled for the connoisseur - Four bedrooms, each with a private en suite bathroom and walk-in closets - Steam room/shower in master shower - A spacious and elegant dining area, perfect for casual or lavish entertaining.

The two-story carriage house can be accessed via the elevator, or by simply walking to the separate entrance. The carriage house has a spacious open area on the bottom floor for multi-purpose use. The 2nd level of the Carriage House has 2 bedrooms with en suite bathrooms, an open floor plan, and a chef's kitchen. Perfect structure for a long-term rental, to house extended family members, VRBO, or utilize to entertain guest or business associates.

A Rare Buckhead find offering an opportunity to own a property with both commercial and residential zoning. This versatile property not only promises high rental yields but also provides the flexibility to adapt the property to your vision.

The property is within walking distance of the Atlanta International School, and close to many of the area's top public and private schools. The home is priced below the appraised value.

7506435

MLSⓇ ID

January 8, 2025

Listed

February 20, 2025

Updated

Interior Features

Total Stories

3


Bedrooms

8


Total Bathrooms

11


Full Bathrooms

8


Half Bathrooms

3


Interior Features

Bookcases


Appliances

Dishwasher, Double Oven


Laundry Description

Electric Dryer Hookup, In Hall, Laundry Closet, Laundry Room


Floor Description

Hardwood


Fireplace

Yes


Fireplace Description

Gas Log


Cooling

Yes


Cooling Description

Ceiling Fan(s), Central Air, ENERGY STAR Qualified Equipment


Heating

Yes


Heating Description

Natural Gas

Exterior/Building Features

Lot Size

0.23 Acres


Exterior Features

Balcony, Private Yard


Lot Features

Other


Architectural Style

Craftsman


Roof

Metal


Sewer

Public Sewer


Patio And Porch

Breezeway, Covered, Deck, Patio


Security

Carbon Monoxide Detector(s), Closed Circuit Camera(s), Fire Alarm, Fire Sprinkler System


Window

Double Pane Windows, ENERGY STAR Qualified Windows

School Information

High School

North Atlanta


Elementary School

Garden Hills

Other Property Details

Taxes

$13,116


Tax Frequency

Annually


Days on Market

41


Accessibility

Accessible Elevator Installed


Garage

Yes


Garage Spaces

3


Parking

Attached, Driveway, Garage, Garage Door Opener, Parking Pad


Parking Total

4


View

Yes


View Description

City


County

Fulton - GA


Water Source

Public


Pool

No


Pool Features

None


Waterfront Features

None


Utilities

Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available

Green Building Features

Green Features

None

Listed by Mary Gasparini with Drake Realty, Inc 770-565-2044

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