2 months on rocket

5271 Lake Forrest Dr, Atlanta, GA, 30342

$5,999,000

6 Bedrooms
6 Full Baths, 1 Partial
8,609 SqFt
$697/SqFt
House

Location

Image provided by Mapbox

Property Highlights

Home TypeSingle Family Residence
ParkingDetached, Garage, Garage Door Opener
Garage3 spaces
Year BuiltNew Const., 2024
HeatingElectric, Forced Air, Heat Pump, Zoned
CoolingCeiling Fan(s), Central Air, Electric, Electric Air Filter, Zoned
BasementYes
WaterfrontNone
FireplaceFamily Room, Gas Starter, Great Room, Living Room, Master Bedroom
ViewOther
MLS #7447582
Lot Size3.03 Acres
StatusActive

About 5271 Lake Forrest Dr

Extrodinary quality and craftsmanship by award winning builder, Loudermilk Custom Homes. Custom French Transitional design on a wooded 3+ acre lot and featuring the finest designer selections by Loudermilk Designs, "smart" home technology and located in highly sought-after Chastain Park. Souring three-story staircase and 12-foot ceilings on the main floor elevate the overall ambiance of this home. Additional features include 20-foot glass pocket doors, multiple interior linear fireplaces, multi car garage and walk out covered veranda. The state-of-the-art kitchen features Wolf and Sub-Zero appliances plus a prep kitchen housing additional appliances and storage. Primary bedroom on main with private access to the laundry and two spacious closets. Secondary bedroom upstairs with en-suite bathrooms and large flex room for future home amenities. The unfinished basement can accommodate an additional guest suite, home gym/sauna, wine cellar/bar, media room and can accommodate a future elevator to access all levels. This home is perfect for entertaining with a custom luxury pool on a private walk-out first-floor lot. This luxury home is located within minutes of parks, schools, restaurants, and high-end shopping. Loudermilk Homes can build this home or another custom home on your lot!

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary, French Provincial, Modern
  • Year Built: 2024
  • Living Area: 8,609 SqFt

Listing Office:

  • Office Name: Keller Williams Buckhead
  • Office Phone: (404) 604-3800
  • Listing Agent: The Loudermilk Group

Interior Features

Interior Information:

  • Appliances: Dishwasher, Gas Cooktop, Gas Range, Microwave, Range Hood, Refrigerator
  • Basement: Yes
  • Flooring Type: Carpet, Ceramic Tile, Hardwood
  • Interior: Double Vanity, Entrance Foyer, High Ceilings 10 ft Main, His and Hers Closets, Permanent Attic Stairs, Smart Home, Tray Ceiling(s), Walk-In Closet(s), Wet Bar
  • Fireplace: Family Room, Gas Starter, Great Room, Living Room, Master Bedroom

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 6
  • Total Bedroom Count: 6

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: None
  • View: Other
  • Exterior: Private Entrance, Private Yard

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: No
  • Parking: Detached, Garage, Garage Door Opener

Lot Features

Lot Information:

  • Lot: Private, Other
  • Lot Size: 3.03 Acres

Utilities

Utilities Information:

  • Heating: Electric, Forced Air, Heat Pump, Zoned
  • Cooling: Ceiling Fan(s), Central Air, Electric, Electric Air Filter, Zoned

Other

Directions Information:

  • Directions: From the intersection of Mount Paran Road NE and Lake Forrest Drive, travel North on Lake Forrest Drive, 5271 Lake Forrest Drive will be on your right. From Chastain Park- Turn left on to Lake Forest Drive, Turn right onto Mount Paran Rd, Turn left onto Powers Ferry Rd, Take a slight right turn onto Powers Ferry Rd, Arrive

Price Information

Listing Price Info

Price Summary:

  • List Price: $5,999,000
  • Price Per SqFt: $697/SqFt

Tax Information:

  • Annual Amount: $6,984
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Atlanta, GA.

Med. Sold Price

$421.4K

Med. Price/SqFt

$253

Avg. Days On Market

49

# of Sold Homes

1106

5271 Lake Forrest Dr vs Atlanta

79 DAYS ON ROCKET

+30 Days

$5,999,000

+$5.5M More

$697/SqFt

+$444 More

KEY TAKEAWAY

This property is $5.5M more than the Median Sold Price and $444/SqFt more than other homes in Atlanta, GA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: First Multiple Listing Service
  • MLS Number: #7447582

Listing Office:

  • Office Name: Keller Williams Buckhead
  • Office Phone: (404) 604-3800
  • Listing Agent: The Loudermilk Group

IDX Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed.

If you believe any FMLS listing contains material that infringes your copyrighted work please Click Here to review our DMCA and learn how to submit a takedown request. Information is deemed reliable but is not guaranteed. © 2024 First Multiple Listing Service, Inc.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/22/2024, 11:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 09, 2021Home Sold
$830,000
Mar 01, 2021Home Sold
$830,000

Tax History

YEARPROP. TAXASSESSMENT
2020$6,984$247,440
2019$7,134$243,080
2017$7,124$222,480

History based on county public records data.

Payment Calculator

$30K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$18K

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-602262
5
/10
  • High Point Elementary School

  • 520 Greenland Rd

  • 0.93 miles

  • Public District Grades PK-5

school-card-donut-602263
3
/10
  • Lake Forest Elementary School

  • 5920 Sandy Springs Cir

  • 1.25 miles

  • Public District Grades PK-5

school-card-donut-602264
9
/10
  • Heards Ferry Elementary School

  • 6151 Powers Ferry Rd

  • 2.43 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $58,067. Typical income of Atlanta, GA residents is between $35k-100k annually. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Living In Atlanta, GA

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

Types of housing in Atlanta, GA.

Atlanta's housing market is diverse, offering a mix of high-rise apartments, traditional single-family homes, and contemporary townhouses. The city's skyline is dotted with modern condominiums, while historic neighborhoods preserve Victorian and Craftsman bungalows. The housing landscape is predominantly composed of single-family homes, which make up a significant portion of the market. Apartments and townhouses are also available, particularly in more urbanized districts, catering to a range of preferences and lifestyles.

What is it like to live in Atlanta, GA?

Atlanta is celebrated for its vibrant culture and rich history, priding itself on being a hub of arts, entertainment, and innovation. The community's character is shaped by its numerous festivals, including the famous Atlanta Dogwood Festival and the Atlanta Jazz Festival, which reflect the city's diverse cultural tapestry and creative spirit. The area's green spaces, like Piedmont Park, contribute to the city's lively yet relaxed atmosphere.

Is it easy to get around Atlanta, GA without a car?

The community benefits from a robust educational system, with numerous public and private schools, higher education institutions, and specialized training centers. Healthcare services are comprehensive, with several major hospitals and clinics offering a range of medical care. The city's public library system is extensive, providing residents with access to a wealth of resources. Retail and dining experiences are abundant, showcasing everything from high-end boutiques to local eateries that offer a taste of the region's culinary diversity.

Transportation in Atlanta, GA.

Atlanta's transport infrastructure includes a network of highways, such as the I-285 perimeter and the I-75/I-85 connector, which facilitate commuting and regional travel. Public transit options are available, with a metro system and bus services providing connectivity across the city. The area's walkability varies, with pedestrian-friendly neighborhoods offering sidewalks and bike lanes. Recent initiatives aim to enhance transport efficiency and accessibility, reflecting the city's commitment to improving mobility for all residents.

Frequently Asked Questions About 5271 Lake Forrest Dr

What is the listing price of this property?

The listing price of 5271 Lake Forrest Dr property is $5,999,000.

What type of property is this?

The property 5271 Lake Forrest Dr is a house located in Atlanta, Georgia, 30342.

Is this property for sale now?

Active Listing: 5271 Lake Forrest Dr is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $6,984 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on June 9, 2021 for $830,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5271 Lake Forrest Dr has 6 bedrooms and 6 full and 1 half bathrooms.

What is the square footage of this property?

The property 5271 Lake Forrest Dr is 8,609 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5271 Lake Forrest Dr is 2024.
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Rocket Homes›Georgia›Fulton County›Atlanta›30342›5271 Lake Forrest Dr

This home is located at 5271 Lake Forrest Dr in Atlanta, GA and zip code 30342. This 8,609 square foot home, which was built in 2024, sits on a 3.03 acre lot. Features: 6 bedrooms, 7 bathrooms. It has been listed on Rocket Homes since September 03, 2024 and is currently priced at $5,999,000.

In October 2024 more than 184 listings in Atlanta, GA were sold above the asking price. During the same period more than 249 listings were sold at asking price, while more than 591 were sold below. The inventory of homes for sale in Atlanta, GA between September 2024 and October 2024 increased by 15.6%. Listings spent 49 days on the market in October 2024, and had a median list price of $421,449 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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