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131 Radium Street Nw
Marietta, GA 30060
$895,000
Conventional
Property
Bedroom
3
Bathroom
4
Property Type
Conventional
Square ft
4500
Property Description
One of a kind Historic Loft in Downtown Marietta within walking distance to the Marietta Square, Sessions Stand & Brasserie and Lewis Park which includes a dog park,children's playground, tennis & pickle ball courts and a ball field. This loft is located in the historic McClaren Mill that was originally built in the early 1900’s. The loft conversions began in 1997; there are only 12 residential units and these units are rarely offered for sale. The charm of the original 10 inch thick brick exterior walls has been kept throughout as well as the original maple hardwood floors and heart pine wood ceilings.This unit has modern finishes throughout and as you enter through the dual solid mahogany front doors you will be amazed by the vaulted 15ft ceilings of the main floor with original wood ceilings, exposed pipes and amazing light throughout the multiple sets of windows with each set measuring 7 feet in width and 9 feet in height. The two separate but open living spaces on the main floor are perfect for entertaining and they share a floor to ceiling stone fireplace. The wet bar is perfect for entertaining in the sitting area which opens to the dining space and kitchen. The kitchen and dining area has so much light and great cabinet and countertop space as well as a SUB-ZERO refrigerator and Viking cooktop and Bosch oven for the most discerning chef. The super cool open railing staircase with Blue Stone treads lead to the second floor where you again have lots of great light and a nice office space or reading area. The second bedroom with loft is so cool as you can access via ladder or the permanent stairs. The primary suite is a peaceful oasis with adjoining bath with jacuzzi tub, separate shower, dual vanities, and generous walk-in closet. What is currently being used on the second floor as a media room could make another nice bedroom or an additional office or family room. Don’t’ miss the walk-up steps to the loft area which has fantastic finished space for storage. The terrace level with a true in-law suite (includes a mini-fridge) can double as family room or bedroom/office with built-in desk and queen-sized Murphy bed and a walk-in cedar closet. Your guests will love the spa like bath with dual sinks, full sauna, and oversized shower. The huge walk-in closet in the hall is perfect for storage or would make a great wine cellar. Another great space on the terrace level is what is now being used as a shop/craft space with dual exterior doors. Two assigned parking spaces plus plenty of parking for guests. This quiet street is a gem that many do not know exists and coupled with this amazing space make this unit a rare find in Marietta.
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
1997
MLS Number
7367590
Location
Address
131 Radium Street NW
City
Marietta
State
GA
Zip Code
30060
County
COBB (SOUTHEAST)
Listing
Provider
Ansley Real Estate Christie's International, original listing
Name
Ansley Real Estate Christie's International
Phone
(404) 480-4663
Office Name
Ansley Real Estate| Christie's International
Office Phone
(404) 480-8805
Agent Name
Jaydee Austin Smith

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As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale. This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments. Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.