A nearly 100-year-old Atlanta home hit the market this week for $5.75 million.
The 6,825-square-foot residence dates to 1929, and was the first house in the city to get electricity, according to agent Sam Bayne of the Bayne Battleson Group at Sotheby’s International Realty.
“It was built by the first CEO of Georgia Power, a guy named Preston Arkwright,” Mr. Bayne said.
Many original elements have been preserved, including the leaded glass windows and the bespoke millwork, the agent added. Built on a hill facing away from the road, the stone home is also “super private,” he said.
The residence was expanded and fully renovated in 2004, with the new wing clad in a meticulously matched granite. Guests and residents are met by a stone motor court, and the home is surrounded by terraces and landscaped gardens.
On the main floor, the formal living and dining rooms lead to a stone garden room, according to the listing. There’s also a family room with a fireplace and a kitchen with a 60-inch La Cornue range and a butler’s pantry, and the patio adjacent to the kitchen has heated floors.
The primary bedroom suite offers two bathrooms and separate closets, and there’s a dressing room with a half bathroom. There’s also a third-floor guest suite and a one-bedroom carriage house with a kitchenette and a two-car garage.
Other amenities include a wine cellar, gym, an outdoor kitchen and a pool, according to the listing. It sits on close to 3 acres of land.
The home last traded for $5.85 million in 2013, according to records with PropertyShark. The owners were not available for comment.
The Atlanta market, along with others in the Southeast, has seen a “huge influx” of buyers from the Northeast and West Coast, Mr. Bayne said. The city’s international airport has helped attract new residents, as have lower taxes and a lower cost of living. Plus, buyers can get more space for less money.
“The value is hard to beat,” Mr. Bayne said.