Local couple buys 12-acre lot on West Paces Ferry for nearly $9 million

Local couple Wes and Christy Rogers have recently purchased multiple parcels in the heart of Buckhead totaling approximately 12 acres with a plan to build a large estate home for themselves. The expansive piece of land occupies a prominent location that spans from West Paces Ferry Road all the way through to Northside Drive, just a few blocks East of Pace Academy.

The multi-parcel sale closed in August for a total of $8,968,954. The buyer’s purchasing entity was Westlake WPF Holding LLC and until now, the buyer and their intention for the property has remained a much-talked about mystery in Buckhead. According to Christy Rogers, the property fulfilled their desire for a large piece of land while maintaining their central Buckhead location: “It was a once in a lifetime opportunity to assemble that much acreage on West Paces Ferry.  We love our current home so much, but with our growing family we needed more space.  We have liked the idea of having a farm for the four boys to play, but now we get to do it in town instead!”

Wes Rogers is co-founder and CEO of Landmark Properties, a real estate investment and development firm. Christy Rogers is Director of National Sales for Fidelity National Title Group.

The seller was an entity controlled by local developer The Macallan Group that had been involved in discussions with the city for a subdivision of up to 15-20 homes on the site, a density that is permitted by the existing R3 zoning of the property. Atlanta city council member Mary Norwood had led a push to stop or change the developer’s plans after she and others claimed that the 1928 home previously located at 670 West Paces Ferry was an important historic structure that needed to be preserved. Others argued that the home was not an architectural gem, having been passed over by potential historically-minded buyers for more than six months before being purchased by Macallan. The purchase of the property by the Rogers is a surprise ending that neither side likely anticipated.

The earliest estates that lined West Paces Ferry were built over 100 years ago, mostly by families drawn to the idea of grand homes on large acreage. It appears this tradition will continue with another great estate set to line Buckhead’s most well-known thoroughfare.