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750 Park Avenue, Estate of the Day


You might think that the most expensive listing in Atlanta was some sprawling estate but today's glamourous apartment costs over twice as much as many large estates in the area. The two-bedroom penthouse has floor-to-ceiling windows which offer long views in all directions. The home is decorated with modern flair. Three private elevators open to long picture-lined marble galleries, silk-upholstered walls and a grand salon which has doors to the terrace and music room. The expansive dining room can entertain 30 guests and a state-of-the-art Siematic kitchen with gleaming stainless steel appliances. The home includes a wine room, billiard room, media room, fitness room, library and terraces with jaw-dropping views. It is listed at $17 million.

Arthur Blank In Atlanta, Estate of the Day

Filed under: Estates, Sports

Atlanta Falcons owner Arthur Blank isn't planning to leave the city his team plays for but he is trying to sell his Atlanta home so he can move to another one. The co-founder of Home Depot has had his Buckhead area home on the market for a year with no sale and the Wall Street Journal's Private Properties reports that Blank has now cut the price by 18 percent to $8.9 million. Blank bought the home in 1993 for $3.38 million so he will still make a tidy profit on the deal. The home was built in the early 1950s and is located in the Tuxedo Park neighborhood. The seven-bedroom home is on four acres with a three-car garage and a pool.

This home is located near another mansion which has had a price cut. Windcrofte, the former mansion of the former head of Coca-Cola, Robert Woodruff. It was listed at $13.9 million last year and is now listed at $10.9 million.

Also in the area, the Atlanta Journal-Constitution reports that Rossdhu, the 91-year-old mansion we covered as an estate of the day last December has had a price cut. It was $14.5 million and is now listed at $11.75 million.

Experience more lush living in luxury homes and mansions or see the stars living large with celebrity homes galleries at AOL Real Estate.

Kenny Rogers in Atlanta, Estate of the Day

Filed under: Estates, Celebrity Shopping


Country star Kenny Rogers considers himself quite the house fixer-upper. The Wall Street Journal reports that the house he recently put on the market in Atlanta is the 10th property he has fixed up and resold. Last summer we told you about his work with designer Jim Weinberg on an Atlanta show house. Rogers house is a different kind of show house. The six-bedroom home has 9,000 square feet of space. Rogers bought in 2006 for $2.8 million and reportedly spent another $3 million on the renovation. I could definitely think of better ways to spend $3 million. It's not that it's terrible in any way that I can put my finger on, it's just got that overblown and bland look that seems to pop up in the South a lot. The home has an African-themed guest room, which as Rogers says in the Atlanta Journal-Constitution is something he likes to have in each of his homes Rogers seems pretty proud of the home and the design work saying that everything in the house is different from when he bought the house two years ago and that he "touched every inch" of the house.

The 1.5 acre estate includes a pool and spa and a three-car garage. It is listed at $7.95 million which includes all that furniture. But look out , Kenny, AOL Real Estate's home valuation tool puts it as being worth just over $2 million.

Rogers and his wife are also selling a nearby five acre lot for $2.9 million. The couple bought the land in 2007 for $2 million so their twin boys would have a place to play. The couple is moving to a 150-acre estate in Nicholson, Georgia.


The Mansion at Peachtree Set To Open

Filed under: Real Estate Developments


The Mansion on Peachtree joins the ranks of Atlanta, Georgia condo projects in the Buckhead area (check out our growing list of Atlanta condo projects in the gallery below). It is A Rosewood Hotel and Residence located in the heart of Atlanta. The hotel is set to open next month and has 96 rooms and 31 suites as well as 45 residences. Hotel amenities include a personal butler to assist guests during their stay, a chauffer service, a GPS pocket navigator and professional in-house auto detailing. The hotel also has Atlanta's first complete Technogym Fitness Suite, a15,000 sq. ft. a 29 Spa and an expansive lap and leisure pool. The guest rooms range in size from 480 to 600 square feet and the suites are 680 to 2,350 square feet. Rooms have lush carpeting, generous draperies and furniture finished in dramatic high-gloss macassar ebony with polished chrome detailing. The bathrooms have marble top vanities, dual wash basins, walk-in shower and a deep-soak tub with wall-mounted LCD television. There will be two restaurants, . NEO, a contemporary Italian restaurant and the fourth location of Craft from restaurateur Tom Colicchio. Craft Atlanta will front Peachtree Road and be separate from the main tower. Units start at $2.6 million and go up towards $12 million to buy the penthouse.

The Pink Palace, Estate of the Day

Filed under: Estates


The Pink Palace isn't pink any more but the mansion in Atlanta's Buckhead area retains the name from the time when it was pink. The mansion was built in 1926 for the Rhodes Furniture family and is a six-bedroom stucco Italian Baroque-style home on four acres at the corner of West Paces Ferry and Tuxedo roads. The home was designed by Atlanta architects Neel Reid and Philip Schutze and has huge public rooms designed for grand entertaining. The murals are absolutely dazzling. What makes this one even more interesting is the renovation. it has been remodeled so that it runs on geothermal energy (turning a $6500 a month energy bill into an apartment-sized $150). They removed 18 layers of lead paint from the doors, windows and walls and all doors and door frames were removed, made square, and put back in. The attic on top of the sun room and family room was changed turning the ceilings/roofs into floors. The servants quarters were transformed into larger living space. It's an odd mix, you have rooms that are typically old South, grand and ornate, but you also have light-filled modern spaces with clean lines. The graceful renovation made the home modern and sustainable but managed to maintain its original style in the original rooms. At $20 million it's the most expensive listing in Atlanta.

1 Hotels Announced For Streets of Buckhead Project

Filed under: Estates, Journeys, Green


We covered the first 1 Hotel and Residences project in Seattle, now a second 1 has been announced, for the Buckhead area of Atlanta. Barry Hotel Partners and Starwood Capital Group Global LLC will be developing the 1 Hotel & Residences which will be part of The Streets of Buckhead, Ben Carter Properties's plans to turn eight acres of Buckhead Village into a luxury mixed-use district. The 1 hotel will be two towers with a spa in the middle and will be going for an LEED green certification. One tower will hold 175 hotel rooms and 48 condos and the other will have 50 condos. The Streets of Buckhead will also feature over 500,000 square feet of retail and restaurant space, additional hotels and office space all arranged in a walkable cityscape area. The entire project is set to open in Fall 2009.


The Gallery Condominiums

Filed under: Estates


Today's condominium watch has us in the Buckhead area of Atlanta checking out the Gallery. The Gallery is a 203-unit, 27-story building that is home to one-, two- and three-bedroom luxury condominium homes at 2795 Peachtree. The design is meant to marry classic and modern architecture by combining glass walls with an almost castle-like crenelation. It has floor-to-ceiling glass, large balconies, 10-foot ceilings, kitchens with granite and Viking and Sub-Zero stainless steel appliances. Community amenities will include a large pool deck with outdoor fireplace and grilling areas, traditional and "virtual" art galleries, fitness center with aerobic and weight areas, two club rooms with high-definition plasma TVs, guest suites and a tennis court. Prices range from the low $400,000's to over $1 million.

[via the Atlanta Journal-Constitution]


Regents Park at Peachtree Battle

Filed under: Estates

The Buckhead area of Atlanta has always been an area for pricey real estate but a new development of townhouses is even more expensive than usual. Regents Park at Peachtree Battle is a collection of 23 flats and townhouses that will cost up to $4 million a unit. The flats range from 4,200 to 4,600 square feet and the townhouses are 5,000 to almost 7,000 of space. The units have garages and private elevators and there will be a 24-hour security guard and some concierge services. The complex is yet another in a line of luxury complexes we have seen meant to offer empty nesters a fancy home without the worries of the upkeep of an estate. Eight of the units have already been sold and construction has just begun.


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