1 Emma Ln

Estimated Monthly Payment: $30,003/mo 1 Emma Ln, Atlanta, GA 30342 MLS# 8668162 Land Lot Listing Status: Active

REMARKS:

7.02 ACRES in the SARAH SMITH ELEMENTARY SCHOOL DISTRICT in NORTH BUCKHEAD borders the BLUE HERON NATURE PRESERVE. The Blue Heron's 30 acres host walking trails that discover streams, waterfalls, and bridges and is two miles from Lenox Square. One Emma Lane is an authentic Georgia mansion with a rich history and prime location. Ten homes can be built under the current R-3 zoning. If rezoned, we have surveys showing up to 16 homes could be developed. Better yet renovate the mansion with fewer houses. There are many ways to create and profit from this unique property. New homes developed will either touch Nature Preserve or have easy access. To understand the value of this property, you should visit Nature Preserve at the end of Emma Lane. Cross the bridge and take the path to the left. The most significant undeveloped land in North Buckhead and homes in Sarah Smith Elementry sell for a premium. The property has a rich history! SEE ATTACHMENTS FOR PLATS and Historical information. "In the 1930s, Wiley Moore (Lakemoore Drive) acquired 200 acres in North Buckhead" and built three houses for his family on his private Lake now the Nature Preserve. Emma Lane, named after Mrs. Moore, was the private driveway leading to his mansion on the hill. The house has five bedrooms and eight baths. Home needs TOTAL RENOVATION AND IS "AS IS" Shown only be appointment this and is an actual Georgia Mansion. A treasure of Atlanta History.

OVERVIEW:

Land Lot
Active
ATN1
North Buckhead
7.02
Electricity, Natural Gas, Sewer Available

FEATURES:

Lake
Other (See Remarks)

SCHOOLS:

Smith Primary/Elementary
Sutton
North Atlanta

FINANCIAL:

$6,200,000
$20,754
2018

 

Listing Provided Courtesy Of: PalmerHouse Properties

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