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Off market
  • $1,063,700

    317 Nelms Ave NE, Atlanta, GA 30307

    10beds
    5,000sqft
    SingleFamily
    Built in 2009
    0.9 Acres Lot
    $1,063,700 Zestimate®
    $213/sqft
    $6,479 Estimated rent

    What's special

    Want amazing years full of wonder? Perhaps you seek the magic your inner child yearns for. Either way, you can have it all in this centrally located paradise perfect for family gatherings or hosting friends. Expansive gardens and farm animals create a dynamic outdoor learning environment. Multiple terraces and overflow parking means your guest list can be as long as your imagination. This is a package deal for 3 properties. Price includes 2 homes totaling more than 5000 square feet. 10 bedrooms and 5.5 bathrooms total. Plus 3rd approved home lot you can build a 3000sf home on! Will consider selling individual properties as well as owner financing. This isn't just a home, it's a lifestyle! Possibly the largest estate in Candler park/lake Claire. There's no other experience like it intown! So much space, yet right in the middle of everything you want to be a part of. Just under a full acre. Gross rental income well over $10,000 a month. Pays for itself! Borders the Lake Claire Community Land Trust garden on 2 sides (a garden with over an acre of greenspace and a large pond). Easy walking distance to the new Pullman Yard project/attraction, Flying Biscuit Cafe, Candler Park, Marta train. You can bicycle to the beltline through the freedom park trail which starts only a few blocks away. Almost 30 total rooms in both properties. Only some of the rooms are shown in the photos...adding more soon. Large parking lot with plenty of space for cars. Space for overflow parking up to 35 cars off-street during events! The HOA can possibly be dissolved as there is only one other member and they want to dissolve it. The newer home has central air and a master suite, is wired for high speed ethernet in each room. The older home is very well built but could use a master bathroom and central air if you don't wish to keep it as a rental. I will consider reducing price or paying closing costs for these upgrades. Other homes for this price may have nicer bathrooms but you can never upgrade them to an estate sized property! Zestimate shows value for 317 Nelms (worth at least $575,000). However the price includes 315 Nelms (worth $500,000) and another lot worth about $200,000. 4th adjoining lot may be available that a neighbor is selling. TO DEVELOPERS: current PDH zoning and a conservation easement will prevent the property from being developed and/or adding additional homes past the existing 3 home lots. CHECK OUT THESE AMAZING FEATURES: -Master penthouse suite on top floor with vaulted ceiling and rooftop deck. - Feel like you're in a mountain retreat with almost no close neighbors. - Very quiet as the homes are over 100 feet from the street to top of driveway (3 times as far as most homes in the area). - Plenty of parking - Tons of sunny garden space and next to huge community garden. - Awesome spot for Airbnb business - Rental income will pay the mortgage Owner financing may be considered with at least 300K down. Buyer's agents paid 2%. Amazing property in the perfect location! Note: some photos are not recent. Licensed agent GA# 370305

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 10
    • Bathrooms: 6
    • Full bathrooms: 5
    • 1/4 bathrooms: 1
    Heating
    • Heat pump, Other, Electric, Gas
    Cooling
    • Central, Other
    Appliances
    • Included: Dishwasher, Dryer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Washer
    Features
    • Flooring: Tile, Other, Concrete, Hardwood
    • Basement: Finished
    Interior area
    • Total interior livable area: 5,000 sqft

    Property

    Parking
    • Total spaces: 7
    • Parking features: Off-street
    Features
    • Exterior features: Cement / Concrete
    • Has view: Yes
    • View description: Park
    Lot
    • Size: 0.90 Acres
    Details
    • Parcel number: 1521001042

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • Frame
    • Roof: Metal
    Condition
    • Year built: 2009

    Community & neighborhood

    Location
    • Region: Atlanta

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $35 monthly
    Services availability
    Get a cash offer in 3 minutes

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    Estimated market value

    $1,063,700

    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $1,063,700