Home for Sale at 895 W Paces Ferry Road NW, Atlanta, GA 30327

895 W Paces Ferry Road Nw
Atlanta, GA 30327

« Prev

Property Details

List Price:	$7,950,000
Beds:	8
Baths:	11
Status:	Active
SqFt:	13484
Agency:	Espy Real Estate & Development Company,

Map Details Show Map | Show StreetView

Description/Comments

Lot Size:	1 acre(s)
Property Type:	Residential
Year Built:	2007
Notes:	HUGE PRICE REDUCTION!!!! A wonderful opportunity to purchase & own one of the most stunning homes on West Paces Ferry Road has become available. 895 W Paces Ferry Rd is a Steve West classic w/ William Harrison modifications. Although resembling Old World Class this home is very comfortable w/ all the modern conveniences. Built to impress & known for its elegance, the home sits on the highest elevation on an acre of land overlooking W Paces Ferry & Pace Academy. As you ascend the gated drive up to your home, notice the slight variation in stone color. Constructed w/ darker stone at the base so not to allow staining & lighter stone as the view reaches the gabled roofs is just one architectural detail. The front motor court allows for at least six parking spaces. Follow the curved drive thru the Port-A-Cache into the second motor court w/ a 4-car garage w/ a 2 face 2 garage design w/ 2 more spaces for outdoor parking. As you enter the foyer w/ 22a ceilings (throughout main level) you will see to the left a formal dining room that seats 10+. Directly across from the dining room, is a stately judge's paneled parlor w/ coffered ceilings. The focal point of this room is the beautifully h& carved 400-year-old French mantel from a French Chateau. The flooring of the house consists of beautiful N. Carolina Ash hardwoods & imported solid French limestone tiles pillowed w/ fossils engrained in the stone. Asian scene silk wallpaper adorns the formal living room; includes an exquisite carved stone fireplace. Adjoining the living room is a covered porch extending the length of the house. Featured on the main level is the MB which includes a bay window overlooking pool & backyard. The double-sided Carrere marble fireplace transcends you from the bedroom to the bathroom. The bathroom has a separate water closet, double vanity, soaking tub, separate double headed shower & heated floors. The walk-in closet has W/D connections; ample storage space. A private entrance from the MB leads onto the porch. 2 powder rooms w/ custom furniture vanities & cabinetry are also on the main floor. The grand staircase takes you to the second floor. All handrails are hand made by a master blacksmith out of Canton, Georgia. There is a second floor sitting room w/ a stone fireplace that can double as a music room. This area is large enough to hold a 12-piece orchestra. Place your musicians in the space to entertain your guests as they enter your home for parties. Upstairs - 5 bedroom suites, each w/ a private bathroom. 1 bedroom has a Juliette balcony overlooking the great/family room. Bedroom 2 has a private outside patio that is currently being used as a study. There is an In-Law Suite w/ kitchenette. From this area a second staircase takes you down to the kitchen area. The kitchen has 3 serving/preparing countertops, a hidden walk-in pantry, a butler's pantry, & full beverage center. All cabinetry & woodwork were constructed by Karpaty. Notice the solid hand carved spirals at the end of countertops. The kitchen is equipped w/ top-of-the-line appliances. Beautiful mosaic artwork lies behind the Wolf stove & oven. The breakfast area w/ a solid carved concrete dome ceiling seats 8 & opens into a sunken family room. The great/family room has a fireplace w/ cathedral ceilings & flying buttresses. It opens onto a covered porch w/ another cathedral ceiling to compliment the great/family room. This outdoor area has a stacked stone fireplace. The covered porch has 3 seating areas all overlooking the pool. The spa seats 6 & descends into a catch pool before cascading into a babbling brook & waterfall into the salt water pool. The large backyard is great for entertaining w/ multiple gated points of entry. There is a fire pit off the porch for those cool evenings. The pool deck connects to a terrace level loggia w/ grilling kitchen & pool storage room. The terrace level includes 2 bedroom suites; continued in private remarks.
MlsNumber:	10178557

Listing Provided By:	Espy Real Estate & Development Company,, original listing
Name:	Espy Real Estate & Development Company,
Phone:	(404) 643-8470
Office Name:	Espy R/E & Development Company
Office Phone:	(404) 643-8470
Agent Name:	Bob Espy
Disclaimer:	Copyright Â© 2024 Georgia Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

HUD Foreclosures

HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest.

The two largest also being government owned and operated means that they have less time to wait to make money back on the home. The FHA is especially known for selling HUD homes for less than the average sales price in a given area. FHA foreclosures represent a fraction of HUD but they are still a significant number of homes and both should be considered.

VA (Veterans Administration) and HUD (Housing and Urban Development) have different and unique opportunities for the buyer. Both are often forgiven for the local taxes normally associated with the purchase of a home (this is on a county by county basis). Be sure to ask the local title company or escrow company to look into it for you before closing as this is often missed due to their are not used to dealing with the 2 to 3 percent of the market that VA and HUD foreclosures represent.

Free Foreclosure Listings

USHUD.com is a website that simplifies the process of finding foreclosures and HUD properties. Everyone thinks they are a real estate web surfing pro until they search for foreclosure homes and stumble upon a numerous sites that want to charge a fee to see their listings. With USHUD.com that’s not the case. When searching for HUD properties or a home finding website for foreclosure it is important to know what you are looking for. It is important to use a niche company that specializes in foreclosures like USHUD.com. We have put together 2 tools that have made the real estate search process of our website much easier to navigate. The Homesearch online tool is filled with foreclosure lists and free listings of hud homes for sale. Most of our users start with a broad search with the homesearch online tool to see the most HUD properties and foreclosure lists in your area and narrow their search down with the Homefinder online tool. The homefinder online tool is a custom filter system that we breakdown the area based upon filters such as convention and foreclosure listings. This give you the option to filter out conventional listings and focus on just the foreclosures in the market. We thank you for making us Americas top home finding website for foreclosure and Hud properties. Free listings of hud homes for sale are hard to come by but should always be free and that’s the way things are going to stay on our website.

Foreclosure Listings Increasing

As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale.

This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments.

Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.

USHUD.com is a private company not affiliated or associated with or endorsed, authorized, approved, sponsored
or licensed by the US Department of Housing and Urban Development

USHUD.com is an Equal Housing Opportunity

- Pat. 7,813,958 - Pat. 7,958,007 - Pat. 8,046,258 - Pat. 8,073,737 - Pat. 8,190,476 - Pat. 8,195,514
- Pat. 8,306,856 - Pat. 8,412,576 - Pat. 8,510,165 - Pat. 8,825,527 -