Archive for category Famous People in Atlanta
Most Expensive Homes for Sale in Atlanta in 2013 – up to $28 Million
Posted by thunsicker in Buckhead, Famous People in Atlanta, State of Real Estate Market, Vinings on January 10, 2013
Yes, we do have a home available in Buckhead, in 30327, on Paces Ferry to be exact, for $28 Million.
Sitting high atop the Chattahoochee River on 10 acres…..the only thing I can imagine one would have to complain about is the Lovett School car pool lines. I remember when the current owner bought the land…it was $10M alone and I’m sure this house is being sold at a loss. This estate has every feature and amenity any executive or celebrity would want.
I have not personally been in the home, but it is a pocket listing of our firm “Atlanta Fine Homes Sothebys International Realty” and in searching our multiple listing service our company happens to represent all the listings over $15M in metro Atlanta!
But please don’t just call me up and ask to see these fabulous homes….as with most multi-million dollar properties, you’ll need proof of funds from a local bank and references that can be verified before we’ll show you.
I won’t mention the celebrity’s name who owns this home at the request of the agent, but those of you that live nearby will know the house. The next question is: Where is he going? I don’t know. But don’t worry, he’s not leaving Atlanta.
So below is a little bit about the top four most expensive homes for sale in metro Atlanta as we start looking at 2013.
Most expensive homes for sale in the Atlanta metro area in 2013
Every Amenity in this Compound in Buckhead – 30327 – $28 Million
An aerial shot of the most expensive home for sale in Atlanta in 2013. It’s on over 10 acres with an incredible view of the Chattahoochee River. This aerial photo has already been used to introduce the property to potential buyers. $28M Image: Google Earth.
Here’s another image from Google Earth of the front gates to this incredible compound in 30327.
A snapshot I took through the trees looking onto the back of the property that overlooks the Chattahoochee into Vinings. The estate is said to have every amenity, even it’s own multi-story parking garage (yes, I said GARAGE!).
The peninsula on Lake Hartwell can be yours for $17,500,000.
The Peninsula at Lake Hartwell is listed by Atlanta Fine Homes Sotheby’s International Realty, and is among the most expensive homes currently for sale in the Atlanta Metro area. List price: $17,500,000. Click here for more information and additional photos.
There two other homes over $15M available, one on Lake Lanier and the other on West Paces Ferry for $19,900,000.
This compound located in Flowery Branch, GA is just north of Atlanta and is on the shores of Lake Lanier. Offered at $19,900,000. Listed by Atlanta Fine Homes Sotheby’s International Realty. Click on the image for additional information and more photos.
An Atlanta icon, 490 West Paces Ferry is in the heart of Buckhead and is ultra-glamorous. Offered at $19,900,000, Listed by Atlanta Fine Homes Sotheby’s International Realty. Click on the image for additional information and more photos.
Click here to view a current list of all Buckhead homes for sale over $5 million.
Click here to view a current list of all homes in the state of Georgia over $5 million.
SOLD: Jane Fonda’s Atlanta Loft
Posted by thunsicker in Famous People in Atlanta, Under Contract and Sold Homes on December 7, 2012
Jane Fonda’s Intown Atlanta Loft recently sold on October 31st for $1.1 million.
I had it listed back in 2010 for $4.5 million, which is what Jane had in the property from a purchase and build out perspective. She originally purchased the loft after her divorce with Ted Turner in 2000 and if you look at the interior photos and look at what Jane was going through at that point in her life it all ties together. At the time, I had purchased her book “My Life So Far”. I was enjoying Spring Break in 2010, when I got the call to interview for the listing. When I returned to Atlanta the following week, I met with her Business Manager and Financial Manager.
Photos by Nathan Martin: http://www.nrmcreativemarketing.com
Within several weeks I listed the property at $4.5M to see what appetite the market had for this 5,000 sq ft loft. The media picked up on the story quickly and we received a lot of publicity and quite good showings, but with time the location proved to be an issue for this type of luxury/high end property. We looked at auctioning the property through Sotheby’s and felt we could get her $1.5M pretty easily, but with that large of a loss it seemed prudent to rent it out for a couple years.
By Fall 2010 we offered it for rent since it became apparent that Jane would be taking a large loss either direction and rented it shortly thereafter.
Photos by Nathan Martin: http://www.nrmcreativemarketing.com
The following Fall in 2011 her business manager chose another strategy by listing with a local agent that lived intown to market the property. The price steadily decreased until it sold for the $1.1M. For the amount of square footage and the spectacular skyline views, the final price was quite a deal. It was probably about 2 years to the date from the when it was rented which worked out great for her I’m sure.
I was fortunate to have met Jane when she was intown for events and fundraisers and I’m glad she’s been able to close that chapter of her life. It’s fun to follow her blog and see everything she’s gotten involved in since that time. She certainly is back in Prime Time!
Jane’s loft loft has the most amazing view of Atlanta’s skyline.
Photos by Nathan Martin: http://www.nrmcreativemarketing.com
Want to be a Reality TV Star!
Posted by thunsicker in Famous People in Atlanta on June 19, 2012
Partially kidding. We get requests all the time for home related TV shows. See below. If you’re interested send me a note and I’ll give you their email address to respond. Good Luck!
NOW CASTING in ATLANTA! Need more space? Want to knock down a wall? Currently CASTING outgoing and dynamic homeowners in ATLANTA who have outgrown their home and are in desperate need of a RENOVATION and makeover. If you love your neighborhood and don’t want to or can’t move, but you need more space, we want to help! Ideally, your home has some inactive space we can expand into; such as a porch, attic, yard or storage area! 1. Name of homeowners 2. Contact info (include cell) 3. Neighborhood you live in and street address 4. Photo of family 5. Photos of exterior of house (front & back) 6. Photos of problem room(s), tell us why 7. Tell us why you love your home & neighborhood but why you need a renovation
Arthur Blank’s Buckhead mansion sold
Posted by thunsicker in Buckhead, Famous People in Atlanta, State of Real Estate Market on September 20, 2011
The front elevation of 3639 Tuxedo Road, sold in September 2011, the former residence of Arthur Blank.
After over three years on the market, one of the most breathtaking lots in Buckhead has sold, the owner was Arthur Blank (one of the founders of Home Depot and owner of the Atlanta Falcons). This Buckhead mansion was originally listed at $10,900,000. The tax records state that the home is 7,352 sq ft.
Everyone will always remember the grounds of this property at 4.19 acres… it has the most beautiful gardens, lakes and paths in the heart of Buckhead I’ve ever seen.
This mansion on Tuxedo Road has been open to the public on many occasions. The home was upgraded and featured as the 2010 Atlanta Symphony Decorator Showhouse. The house itself isn’t the most special thing and I wonder if the Decorator Showhouse hadn’t updated many things if it wouldn’t have been torn down to make way for a new home with higher ceilings and larger rooms.
The gardens of the current home of Stephanie & Arthur Blank, located at 1080 West Paces Ferry Road. Photo by Thomas A. Wolfe.
In 2006, The Blanks purchased a home at 1080 West Paces Ferry Road in Buckhead. They apparently renovated the home over the course of two years and moved in during 2008, leaving the property at 3639 Tuxedo Road vacant since then. Their current home has over 15,000 square feet and was assessed by the City of Atlanta at $13,698,000.
Finally this in spring 2011, 3639 Tuxedo was reduced to under $5M and it just closed this past week for under $4M. I do believe the land alone is worth this price and I’m wondering if the new purchaser thinks the same thing and we’ll soon see a new structure there.
I’m sure there were some emotions involved in this sale; Stephanie and Arthur Blank’s divorce was announced on September 2nd of this year. The house was assessed by Fulton County at $4.8M and Arthur purchased it from Rex Fuqua in 1990 for $1.5M.
Here are some photos of the Arthur Blank’s Buckhead home that recently sold:
Among the most beautiful landscape in all of Buckhead, the previous home of Arthur Blank on Tuxedo Road has sold.
The elegant entry way at 3639 Tuxedo Road.
The updated kitchen featured at the 2010 Decorator's Showhouse at 3639 Tuxedo Road in Buckhead.
A memorable and glamorous dining room at 3639 Tuxedo Road, a home recently sold in Buckhead for under $4M.
The creative craft room at 3639 Tuxedo Road...Arthur Blank's home that was recently sold in Buckhead.
Most expensive home sold in Atlanta 2011 to the Al Hill III family
Posted by thunsicker in Buckhead, Famous People in Atlanta, State of Real Estate Market on September 15, 2011
I just happened to be looking at yahoo.com and the number #1 trending item was that Tyler Perry is now the highest paid man in the entertainment industry.
That got me thinking about all the famous people that live around metro Atlanta.
Of course Tyler is a neighbor and can be spotted at Canoe Restaurant regularly. I’ve been told that Janet Jackson stays at his home now versus her former residence on Mt. Paran that she had with Germaine Dupree.
As many of you know I’ve had Jane Fonda’s Atlanta residence listed and its currently leased but we’ll be putting it on the market again in the next few months. We’ve had the opportunity to show it to many famous people and their “front” people when they were filming here. Seems they all arrive with an entourage. Queen Latifah is one of the nicest that I’ve met.
We also have our share of professional athletes in the area with Hines Ward building his new house off of Riverside Drive and his ex-wife Simone and their son Jayden just purchased a townhouse at The Battery down behind Avignon and the Aberdeen in Vinings. I showed a house to Will Allen, a Safety with the Pittsburgh Steelers last week and he apparently has a contract on a home in Buckhead right now as well.
These instances of famous people and their recent real estate purchases in Buckhead made me take a look at how many homes over $4M traded in Atlanta this year….and the profile of the buyers and sellers. There have been only three homes sold over $4M in Atlanta in 2011 YTD:
One of the most expensive homes sold in Atlanta in 2011, 330 Argonne Drive in Buckhead is now home to author Emily Giffin Blaha.
330 Argonne Drive: This home was purchased by the author Emily Giffin (married name Blaha). Her previous home in Brookhaven is still for sale if you’re interested! She purchased her house for just under $5M in June of this year. Check out her most recent book, The Heart of the Matter.
1325 Monte Carlo in Buckhead was sold in 2011, in a property transfer/sale worth almost $7 million.
1325 Monte Carlo: This home was purchased via a swap with the owner’s previous home on Regency Court which is still on the market as well. The purchaser was a Darrell J. Mays and I can only find a Telecommunications Company which is foreign registration associated with him name on the internet. He paid almost $7M for the house including the trade value.
981 Davis Drive: This is the largest sale so far in 2011 at $9M. The previous owners of this home were Amanda and Walter Reames. Yahoo shows him as an investor and partner in Atlanta Capital Management.
The most expensive home sold in Atlanta year to date, 981 Davis Drive, former home to Walter Reames, now home to Texas oil family, Erin and Al Hill III. Click on the image for an interactive map of the property.
“Mr. Walter Fred Reames Jr. is a Managing Partner and Member of Executive Committee at Atlanta Capital Management Company, LLC. His responsibilities include oversight of the marketing and sales as well as the finance and technology functions. Before joining Atlanta Capital in 1978, Mr. Reames was a Vice President at the Citizens & Southern National Bank, serving as a Manager of its National Division East. He was responsible for the bank’s relationships with major corporate clients headquartered in 17 eastern states and Canada. Mr. Reames was also a Business Advisor at The White Oak Group, Inc. He has received his Bachelor’s degree from Yale University and completed the Graduate School of Credit and Financial Management program from the Harvard Business School.”
More interesting to me is the purchaser. My son had a new girl in his class at Westminster at the beginning of the year and she hadn’t been on the new student list that was published a couple of weeks before, so now in hindsight I think it was a last minute addition based on the closing of this property. Turns out the new little girl now lives in this house!
The new family in Buckhead is the Hill Family. Pictured here are the father, Al Hill Jr., left, a grandson of billionaire H. L. Hunt, and his son (current Atlanta resident), Al III, right, known in Dallas as “Al Three.” Photographs by Danny Turner.
At first I didn’t make the connection, but upon receiving an email a week or so ago it dawned on me who the family was: Erin Nance Hill and Al Hill III.
Many years ago in the 1980’s I worked for Mellon Bank in Pittsburgh and my territory was Dallas, TX, so I became aware of many things “Dallas” and when I lived in Washington, D.C. in the early 90’s I was friends with T. Boone Pickens’ daughter there and knew of many of the oil families in Texas.
The Hunt family in Texas is one of the wealthiest families in America .
Erin Nance Hill is from Calhoun, GA and has family here and was 1993 Miss Georgia, so it’s not a surprise that she wants to raise her children here as well. Atlanta is a great town for many reasons and we are thrilled to welcome The Hill Family to Atlanta and to Westminster! Erin was a well-known socialite in Dallas and was single-handedly responsible for raising almost $1 million for charity during her time there.
Additional photos of the Atlanta mansion at 981 Davis Drive purchased by the Hill family….it will take your breath away!
Kenny Rogers’ Buckhead (Atlanta) Home Sold
Posted by thunsicker in Buckhead, Famous People in Atlanta, State of Real Estate Market on September 13, 2011
I usually just email my close friends with these types of things, but I think this is newsworthy enough to post on my blog.
Kenny Rogers put his Buckhead estate located at 10 Valley Road, back on the market a few months ago. This time, he listed it at approximately half the price of his initial listing price from several years ago, and did not offer to include the furnishings. Listed at $3,999,000 this time his home sold in just a couple of weeks and closed in a month for very close to asking price. There is good news in this market for sellers that price their home to the current market.
Kenny Rogers' Buckhead Home Sold in September, 2011. A striking property from the street and throughout the entire interior and landscape. Dramatic entry foyer makes quite a statement & leads to rooms that are both elegant & comfortable including formal living and dining rooms, study, great room with 20' ceiling open to large kitchen. Click on the photo to see a virtual tour of the property.
Unfortunately for Kenny, he started with a high price several years ago and was chasing the market down, and then he took the house off the market for about a year. His twin boys were in kindergarten last year and were about to enter first grade here in Atlanta, and I think he just preferred to raise them in his Athens home where he raised his other children.
I’m happy for the agent that the price was right this time and it happened very quickly for all of them.
As we all know it can be challenging to have your house on the market….the good news is that a home priced correctly will still sell even now. It may be painful to get there but it’s where the market is. If you want to (or have to) participate in this market you need to heed the current value to get a sale; he did and had a successful outcome.
Congratulations to the listing agent, Heather Steiner with Atlanta Fine Homes Sotheby’s International Realty!
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