Top 5 Most Expensive Buckhead Home Sales of 2018

One year ago when I published the top Buckhead home sales of 2017, I noted that much of the stale listing inventory above $5 million had been sold and cleared from the market. As predicted, sales momentum in this exclusive market continued throughout 2018.

While segments of the market remain somewhat uncertain, we have sustained strong demand for either new or extensively renovated homes at  $4 million and above. I am expecting 2019 to be another strong year for the Buckhead real estate market with 12-18 sales above $4 million.

The top five home sales of 2018 in Buckhead represent some truly spectacular properties. Some interesting trends to note:

  • 3 of the 5 homes are located in Buckhead’s Paces Neighborhood where buyers are attracted to the convenient location and large acreage lots that offer natural beauty and privacy.
  • 2 of the homes never hit the open market, but instead were “quietly” marketed among Buckhead’s top brokers without being listed in the MLS.
AddressSale PriceClosing DateAcresSquare Feet – ApproxDays On MarketAsking Price
2000 Garraux Rd Nw$8,925,00003/26/20184.29,955236$9,500,000
1690 W Paces Ferry Rd $7,500,00011/13/20184.714,2041123$12,900,000
3576 Tuxedo Park Nw$6,000,00009/06/20182.06,927Unlisted$7,000,000
2167 Mount Paran Road$5,880,00012/11/20185.511,54247$5,950,000
2515 Rivers Road Nw$5,800,00003/28/20182.06500Unlisted$5,800,000

By order of sale price, below are the top 5 Buckhead Home Sales Of 2018

2000 Garraux Road in the Paces Neighborhood is not only the top sale in Buckhead for 2018, it was also one of the top sales of 2015 when it sold for $6 million. This time around it sold for $8,925,000 thanks to further refinements that had been completed on an already-beautiful estate.
1690 West Paces Ferry sits on nearly 5 acres at the corner of West Paces and Nancy Creek in the Paces Neighborhood. After several years on the market, it finally landed a buyer at $7.5 million.
3576 Tuxedo Park was a spectacular renovation of a 1970’s contemporary home on a culdesac lot in Tuxedo Park. The sale included the home for $6 million and furnishings for an additional $1 million. The seller received multiple offers after the home was quietly shopped around to potential buyers last spring. More photos and info on that sale here.
2167 Mount Paran Road is a home on 5.5 acres that I sold at the end of 2018 for $5.88 million after just 47 days on the market. This equestrian estate features a classic style with modern European touches, also located in the Paces Neighborhood. More photos and info on that sale here.
2515 Rivers Road is a very elegant “cottage estate” that included a guest house and pool. The property last sold in 2010 for $1.7 million. It managed to resell for $5.8 million in 2018 after extensive improvements.