2972 Lookout Pl NE - Office/Residential FOR SALE


Atlanta, GA 30305- Garden Hills
$5,300,000 USD
770-565-2044
2972 Lookout Pl NE, Atlanta, GA for Sale
$5,300,000 USD
Office/Residential - FOR SALE
1/141
null | Request Cap Rate

2972 Lookout Pl NE
Atlanta, GA 30305
Garden Hills


HIGHLIGHTS

  • 3 Kitchens, 5 Ovens, Wine Room, beautiful finishes, Elevator, Steam room, Great for Catering, Event Space Possibility multi family live works

OVERVIEW

One of Atlanta’s most sought-after vacation rental properties, this luxurious home offers exceptional income potential. Three separate and income-producing areas of this home makes this building one of the most lucrative investments in Atlanta. Indulge in the ideal combination of living, working, and earning in one of Atlanta’s esteemed neighborhoods, Garden Hills. The property is zoned for both residential and commercial use, providing endless possibilities. Whether you desire to utilize the entire space as vacation or rental income, your personal residence, rent portions for income generation, or combine the two, the decision is entirely yours. Each entrance is distinct, offering privacy and flexibility for multi-purpose use. Imagine living above your business or renting out prime space while enjoying unparalleled luxury! This custom-built 8-bedroom, 9,500 sq. ft. home presents a unique opportunity to live, work, or rent in the prestigious Garden Hills neighborhood, conveniently located within walking distance to top restaurants, the Streets of Buckhead, parks, and local businesses. Key Features: 8 Bedrooms | 9,500 sq. ft. of Living Space 8 full baths and 3 half bathrooms. Additional 2,400 sq. ft. of Storage + 3-Car Garage Separate Entrances for Privacy Residential/Commercial Zoning for Versatile Usage Walkable to Restaurants, Parks, and Local Businesses Convenient Access to I-75, I-85, GA 400 Ideal for: In-town living with luxurious amenities Multiple income sources Live, lease, and work here Multi-generational living with separate spaces: Bed & Breakfast, Event Space, or Wedding Venue Chef’s Kitchen with Wine Tastings or Private Dining Events Home Office with Private Client Meeting Space The Office: The Ultimate Professional Space Four elegantly appointed offices, two of which feature full bathrooms, are available. The reception area includes a handicapped-accessible bath. A break room and conference room are provided for meetings. A separate entrance leads to a gourmet kitchen, two full bathrooms, and exclusive meeting space. Access to the upper floors is facilitated by a private elevator, ensuring a seamless experience. The second level opens to an exceptional chef’s/caterers kitchen equipped with premium Wolf/SubZero appliances, four sinks, two dishwashers, coffee service, wine room and a butler’s pantry. Energy-efficient systems, including Nest utilities, tankless water heaters, and spray-in insulation, enhance comfort. A 600-bottle wine room caters to connoisseurs, while four luxurious bedrooms with en-suite bathrooms and walk-in closets provide ample space. The master suite features a steam room in the shower for ultimate relaxation. A spacious and elegant dining area is available for entertaining. The Carriage House: Versatile and Flexible Access is provided via elevator or a separate entrance. The ground floor offers ample space for multi-purpose use. The second floor comprises two bedrooms with en-suite bathrooms, an open-plan living area, and a chef’s kitchen—ideal for long-term rentals, extended family accommodations, or guest quarters. This versatile property, situated in Buckhead, offers both residential and commercial zoning, making it an unmatched investment opportunity. Its flexible layout allows for maximizing three different parts of the homestead to rental yields or adapting the space to meet specific needs. Located near the Atlanta International School and highly regarded public and private schools, this presents an exceptional opportunity to own a piece of Buckhead’s charm and sophistication. The property is owned by a licensed real estate broker.

FOR SALE DETAILS

PRICE

$5,300,000 USD

PRICE/SF

$358 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Building 1 & 2

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

2017

SPRINKLERS

-

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,019 SF

ZONING

RLC

APN/PARCEL ID

17-0060-0001-037-2,17-0060-0001-038-0

ASK ABOUT THIS PROPERTY

Glenn DrakeDrake Realty, Inc.More Info
770-565-2044

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Glenn DrakeDrake Realty, Inc.More Info
770-565-2044

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.