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4645 Lake Forrest Drive
Atlanta, GA 30342
$6,495,000
Conventional
Property
Bedroom
7
Bathroom
11
Property Type
Conventional
Square ft
11925
Property Description
Immerse yourself in the unparalleled luxury of this newly constructed masterpiece by Cohan Custom Homes, a beacon of West Coast organic modern architecture fused with the highest standards of sustainable living. The estate, perched on a serene hilltop one-acre lot and enclosed within an automatic gate, offers the epitome of seclusion and privacy. As you step through the grand oversized pivot-style front door, you are immediately captivated by the breathtaking sightline, drawing your eye straight through the house to the stunning infinity-edge pool. This architectural marvel seamlessly blends indoor and outdoor living, creating a tranquil resort-quality oasis. The central living room, where a striking fireplace is enhanced by refined walnut accents, features innovative pocket sliding doors which vanish to reveal a breathtaking indoor/outdoor living experience. The adjacent large formal dining room offers an opulent setting for unforgettable dinner parties, while the designer kitchen, a marvel of modern aesthetics and functionality, flows seamlessly into a cozy fireside keeping room, creating an inviting ambiance for intimate gatherings. The impressive kitchen features ultra-compact, carbon-neutral Dekton countertops imported from Spain, while the professional appliance suite, including the coveted Fulgor Milano range, caters to both the aspiring and seasoned chef. Adjacent to the kitchen is a spacious scullery, outfitted with the same level of detail as the kitchen, providing additional room for meal preparation and storage. The main level’s primary bedroom is a sanctuary of luxury, complete with a fireplace, seating area, morning bar, and a spa-inspired bathroom that exudes tranquility with its dual vanities, make-up vanity, and a spectacular glass-enclosed shower with bookmatched slab walls. The main level also hosts an additional en-suite bedroom and a sophisticated home office, while the functional mudroom entry features a secondary laundry room and custom pet washing station. Take the striking custom floating staircase upstairs to find four gracious en-suite bedrooms, including a generous junior primary suite, laundry room, and an open-concept bonus room. Descend the three-stop elevator to the impeccably finished terrace level, a realm of entertainment and wellness, offering a spa-rivaled amenity package including a sauna, steam shower, and fitness studio. The custom-designed and fully equipped bar opens to the expansive entertaining space, complete with home theatre, en-suite guest bedroom, and dedicated pool bathroom. Outside, the property transforms into a luxurious resort, featuring an infinity-edge pool with integrated hot tub, a vast covered patio, custom fire pit, and multiple terraces designed for supreme relaxation and entertainment. The commitment to sustainability is evident in every aspect of this home, from the use of reclaimed and locally sourced materials, low-energy consumption appliances, to advanced window design and insulation for optimal energy efficiency. Crafted in collaboration with esteemed local, family-owned businesses, each dedicated to sustainable design and exceptional quality, this residence stands as a testament to luxurious, environmentally conscious living, promising an unrivaled lifestyle experience.
Property Information
Lot Size
1 acre(s) square ft
Property Type
Residential
Year Built
2023
MLS Number
7306607
Location
Address
4645 Lake Forrest Drive
City
Atlanta
State
GA
Zip Code
30342
County
FULTON (NORTH ATLANTA)
Listing
Provider
Atlanta Fine Homes Sotheby's International Realty, original listing
Name
Atlanta Fine Homes Sotheby's International Realty
Phone
(404) 835-9601
Office Name
Atlanta Fine Homes Sotheby's International
Office Phone
(404) 874-0300
Agent Name
Chase Mizell

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HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest. The two largest also being government owned and operated means that they have less time to wait to make money back on the home. The FHA is especially known for selling HUD homes for less than the average sales price in a given area. FHA foreclosures represent a fraction of HUD but they are still a significant number of homes and both should be considered. VA (Veterans Administration) and HUD (Housing and Urban Development) have different and unique opportunities for the buyer. Both are often forgiven for the local taxes normally associated with the purchase of a home (this is on a county by county basis). Be sure to ask the local title company or escrow company to look into it for you before closing as this is often missed due to their are not used to dealing with the 2 to 3 percent of the market that VA and HUD foreclosures represent.

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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.