Sandy Springs’ Huntcliff Gets a Movie-Makeover

As if Sandy Springs weren’t fabulous enough, now the city is going to be immortalized on the big screen. Earlier this month, Hollywood flocked to our vibrant north Atlanta city to film The Three Stooges. More specifically, they zeroed in on Huntcliff, one of Sandy Springs’ most popular neighborhoods.  They didn’t make any drastic changes to the community, just a few subtle differences like adding a sign to the clubhouse. So, in the upcoming movie, set to be released sometime in 2012, keep an extra close eye out for Huntcliff’s pool and clubhouse, as well as any other images that may have made it past the cutting room floor.

If being the set for an upcoming movie makes Huntcliff more appealing to you as a home shopper, then take a look at some of the properties currently for sale:

• 9135 Huntcliff Trace – $450,000: This beautiful home is situated directly on the Chattahoochee River and features six bedrooms with four and one-half baths. The two decks and screened-in porch help homeowners make the most of the beautiful views of the river and wildlife preserve. The interior features a recently updated mahogany kitchen and office. The owner’s suite is on the main level, as well as a banquet sized dining room and living room with fireplace. Providing even more space, the home has a fully finished terrace level with theater room, wet bar/kitchen and a teen suite.
• 8960 Huntcliff Trace – $599,000: Situated on the 15th fairway of the Cherokee Country Club, this home features five bedrooms and four and one-half baths. The inter was recently renovated to include new kitchen cabinets, granite countertops, stainless appliances, Tuscan tile floors in the kitchen, hardwood floors in the living room, private office and upstairs. You’ll find large rooms on main level, including a bedroom, formal living room and dining room, separate den with fireplace and a sunroom. To top it all off, the lower level features a home theater and french doors to patio with private hot tub. Read more

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Roberts Realty Investors, Inc. Sells 11 Acre Parcel of Land

It looks like Sandy Springs might be getting another multi-family community sometime in the future. Roberts Realty Investors, Inc. recently announced that it has signed a contract to sell its 11-acre parcel of land located off of GA 400 and Northridge Road in Sandy Springs. The piece of land was purchased for a total of $5,363,789 or $24,381 per apartment unit. The company expects to close the sale by October 31, 2011, subject to customary due diligence and closing conditions.

Mr. Charles R. Elliott, the company’s CFO, stated: “Although we had planned to, and would have preferred to, develop and construct a multifamily community on the Northridge land parcel ourselves, we have not been able to obtain the necessary equity and construction financing. We concluded that it is in the best interest of the company and our shareholders to sell the Northridge land parcel to strengthen the Company’s balance sheet and provide it with increased liquidity.”

It’s great to see land selling in the Sandy Springs real estate market, which ideally means we’ll also be seeing new construction. As we hear more about this deal, we’ll keep you updated with the status.

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Spacious, Riverfront Homes for Sale in River Chase

Nestled along the Chattahoochee River near the intersection of Heards Ferry Road and Powers Ferry Road, you’ll find one of Sandy Springs top selling communities in 2010, River Chase. River Chase has so much to offer homeowners it is difficult to know where to start. The homes were built in the early 1980′s and offer a bit of classic southern charm that so much new construction seems to lack. The style of home ranges from Victorian, to ranches, to Cape Cod, to French Provincial, basically it is a very eclectic subdivision. Just as varied as the style of homes are the size of the homesites, with some homes sitting on less than an acre and other homes being privy to multiple acres. This is a great neighborhood that is close to both I-285 and I-75 with none of the congestion or noise since it is nestled away in a back street. These prime pieces of Sandy Springs real estate range in price from the $500′s to over $1 million.

Interested home shoppers currently have their choice of two available homes for sale in River Chase. Luckily, one of them features riverfront property!

• 435 River Glen Trace – The four bedroom/four bath home is currently listed at $899,900. Homeowners can enjoy the beautiful natural views from the Chattahoochee river, as the home is situated directly on the river with approximately an acre of land. As for the home, a multitude of windows make for a light and airy atmosphere that make the most of the river views. You’ll find features like vaulted and cathedral ceilings, skylights, hardwood floors and more. The master bedroom in on the main floor and includes a double shower and spacious closet. Over the garage is a large bonus room or a possible fifth bedroom. This is a rare opportunity to purchase a riverfront home in a cul-de-sac.
• 6098 River Chase Circle – This authentic English Tudor home features five bedrooms with five full baths and two half baths. Currently listed at $1,495,000, the home is completely renovated and appointed with the finest details. In addition, there is plenty of living space including four kitchens, two master bedroom suites and a five-car garage. The home features a separate carriage house with its own bedroom, bath, living area, kitchen and walk up attic. The outdoor living terrace has slate floors, a full kitchen and bar. The home is beautifully landscaped with private gardens that even have a reflection pond. Needless to say, this house is a must-see.

Feel free to contact us if you have any detailed questions about the River Chase homes or any of the surrounding Sandy Springs neighborhoods.

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Increase in Sandy Springs Home Sales

The first quarter numbers are in for metro Atlanta residential real estate, and things are looking good. While overall Atlanta sales improved 2% from the first quarter in 2010, Sandy Springs experienced a 28% increase in home sales over last year!

It’s so refreshing to have some positive real estate news to share, and these statistics are hopefully a sign that we are on the upswing of recovery. Remember that these numbers from the first quarter cannot be attributed to a home buyer tax credit or other federal incentives, and with no external influencing factors, it seems likely we will continue to see an increase in home sales. As for home buyers, it does mean we are at the beginning of the end of the buyer’s market.

Those looking to relocate to Sandy Springs, need to go ahead and take advantage of the fantastic deals available now before the prices begin to rise. Here is one example of the amazing opportunities currently available: Read more

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City of Sandy Springs is Purchasing Flood Damaged Homes

Using state and federal funds, the City of Sandy Springs plans to purchase six houses that were damaged in the 2009 flood. In fact, the city recently closed on the first one. Not only will these efforts help the current homeowners, but they will positively affect the Sandy Springs real estate market in general by eliminating unsellable lots.

After purchasing the homes, the city will demolish them and then level the lots. The six homes in question all have substantial damage from multiple floods. The city received $2.7 million to complete the project, but as part of the program, the homeowners must agree to pay 15% of the demolition costs.

The first property is located on Pine Forest Road and was purchased for $400,000. The second home, located on Hitching Post Trail, should be closing soon and was sold to the City for $385,000. The remaining four homes are also located in the same area. It is expected to take up to a year to complete work on all homes. Read more

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Final Opportunity at The Promenade at NorthPlace

It’s time to act if you have had your eye on owning one of the luxury Sandy Springs condos at The Promenade at NorthPlace. The community is dangerously close to selling out, with only one home remaining, and it just happens to be the model home for the community. Featuring the Ormond home plan with two bedrooms and two and one-half baths, the spacious home also includes a dining room, family room, kitchen with breakfast area and private deck. Being the model home, you’ll find a myriad of upgraded interior finished throughout, including hardwood floors, 42″ cabinets, stainless steel appliances, built-ins, tile backsplash and much more. The model home is a desirable end unit location and is priced at $189,900.

The Promenade at NorthPlace is a popular community conveniently located just 1/2 mile from GA 400. It provides easy access to I-285, I-85 and a variety of shopping and dining. In addition, the community offers a wonderful amenity package with a neighborhood pool, outdoor fireplace, maintenance free lifestyle and beautifully landscaped park like settings.

The model home is open by appointment only, so contact your real estate agent to schedule a VIP tour.

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Record Sales at Sandy Springs’ Serrano Condos

Remember how we were just telling you about the FHA approved condos at Serrano? Well, they recently made headlines for experiencing record sales in the past five months. Since August 2010, these luxury Sandy Springs condos have sold 51% of the available units. Selling over half of the inventory in only five months is considered a success in any economy, but given the current circumstances of the housing market, this feat is truly remarkable and speaks volumes about the product.

In the Sandy Springs real estate market, you will be hard pressed to find another community that offers such affordable pricing in such a prime location, and it is probably these characteristics that have made Serrano recession-proof. In the past five months, the average price of homes sold was $142,605, but the community does have units as low as the $120′s. However, the low price does not mean that you have to sacrifice on the quality or elegance of your home since stainless steel appliances, granite countertops, crown molding, glass enclosed showers, hardwood floors and balconies are just a few of the included features.

We already discussed why these condos were such a fantastic opportunity for first time home buyers, but it seems as though home shoppers are figuring that out all on their own. Read more

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Park Towers II Sells for Nearly $40 Million

Park Towers II is probably the most luxurious apartment community in Sandy Springs. Residents are given first class service with amenities like 24-hour concierge service and on-site dry cleaning service in addition to tennis courts, fitness center, swimming pool, jacuzzi, club room with billiards and more. The luxury high-rise is one of the tallest buildings outside of the Perimeter and features floorplans ranging from one bedroom/one bath to three bedrooms/three and one-half baths, many of which offer breathtaking city views. With such a prestigious reputation in the area, it may come as a shock that the building recently sold for $39.9 million.

Park Towers II development purchased the luxury tower from Julian LeCraw & Co. Inc. in what is now Atlanta’s latest high-profile multifamily transaction. Park Towers II is an affiliate of Crescent Heights, a condo and apartment developer. Read more

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Sandy Springs is One of America’s Most Stable Housing Markets

Forbes.com recently released a new list depicting the 20 most stable housing markets in America, and Sandy Springs is the only city in Georgia to make the list. Sandy Springs  made the cut due to the fact that home values have increased 2.5% in the last year, an achievement not many cities can claim. There is no denying that it is an amazing feat to be considered a stable housing market in such economic times.

In addition to the increase in home values, Sandy Springs is home to three major corporations: UPS, Newell Rubbermaid and Spectrum Brands. These three corporations, as well as the multiple other businesses that call Sandy Springs home, make the metro Atlanta city full of job opportunities, which also adds to the stability of the housing market. Read more

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August Sandy Springs Homes Sales Update

We hear a lot of questions about the Sandy Springs real estate market on a daily basis. So we thought we should give you an update on the market. For some good news, there were 37 Sandy Springs homes sold in August, this is up about 10% from July. There are an additional 10 currently under contract, which bodes well for the market. However, not all of those homes will close and some Sandy Springs short sales may take awhile to close. So you’ll just have to tune in next month to get the latest update.

The average sales price was $624,000 for Sandy Springs homes sold in August, which was down 5% from the average sales price in July. The average time on market to sell a Sandy Springs home was 91 days for August. The most expensive house sold for $1.6 million and the lowest price home sold for $187,500.

Rather than just inundate you with statistics, here’s a list of the Sandy Springs homes sold in August.

• 5240  Long Island  Drive , Sandy Springs  Georgia  30327 
• 125  Pine Lake  Drive , Atlanta  Georgia  30327  located in Chastain 
• 4815  High Point  Road , Atlanta  Georgia  30342 
• 4962  Long Island  Drive , Atlanta  Georgia  30327  located in Chastain 
• 440  Brookfield  Drive , Atlanta  Georgia  30342  located in Meadowbrook 
• 150  Franklin  Place , Atlanta  Georgia  30342  located in Franklin Place 
• 220  Powers  Cove , Atlanta  Georgia  30327  located in Powers Cove 
• 535  Rivercrest  Court , Atlanta  Georgia  30328  located in River Chase 
• 235  Helmsley  Drive , Atlanta  Georgia  30327  located in Helmsley Place
• 4956  Powers Ferry Road , Atlanta  Georgia  30327  located in Chastain Park 
• 225  Windsor Gate  Cove , Atlanta  Georgia  30342  located in Windsor at Peachtree 
• 275  Cameron Ridge  Drive , Sandy Springs  Georgia  30328  located in Cameron Glen 
• 5895  Mitchell  Road , Sandy Springs  Georgia  30328  located in Manchester Estates 
• 685  Fair Oaks  Manor , Atlanta  Georgia  30327 
• 540  Woodmoore  Court , Atlanta  Georgia  30342  located in Woodmoore 
• 305  Ivy Brooke  Court , Atlanta  Georgia  30342  located in Forest Brooks 
• 30  Chevaux Court , Sandy Springs  Georgia  30342  located in Paddocks North
• 560  Glen Manor  Court , Atlanta  Georgia  30328  located in Glenridge Estates 
• 54  Belle Isle  Road , Atlanta  Georgia  30342  located in Chastain Park 
• 515  Clipper  Trail , Atlanta  Georgia  30328  located in North Harbor 
• 65  Forrest Lake  Drive , Atlanta  Georgia  30327  located in Chastain 
• 225  Woodchase Close  , Sandy Springs  Georgia  30319 located in Woodchase 
• 150  Savannah Estates  Drive , Atlanta  Georgia  30350  located in Savannah On Spalding 
• 815  Glenairy  Drive , Atlanta  Georgia  30328  located in Aberdeen Forest 
• 195  Grosvenor Place , Atlanta  Georgia  30328  located in The Grosvenor
• 6995  Riverside  Drive , Atlanta  Georgia  30328  located in Breakwater 
• 8045  Innsbruck  Drive , Sandy Springs  Georgia  30350 located in Four Seasons 
• 6360  Glen Oaks  Lane , Sandy Springs  Georgia  30328  located in Glenview
• 5800  Garber  Drive , Atlanta  Georgia  30328  located in Hammond Hills 
• 6345  Glen Oaks  Lane , Sandy Springs  Georgia  30328  located in Glenview 
• 230  Abington Drive , Sandy Springs  Georgia  30328  located in North Springs Devonwood
• 6498  Cherry Tree Ln , Atlanta  Georgia  30328  located in Mount Vernon Woods 
• 225  Spalding Gates  Drive , Atlanta  Georgia  30328  located in Wyngate at Spalding 
• 207  Devonwood Drive , Atlanta  Georgia  30328  located in North Springs 
• 495  Carriage  Drive , Atlanta  Georgia  30328  located in Mount Vernon Woods 
• 145  Osner  Drive , Atlanta  Georgia  30342  located in Osner H D 
• 8271  Ison  Road , Atlanta  Georgia  30350

That is your Sandy Springs homes sales activity recap for August. Hope that was helpful and don’t hesitate to contact us if we can help you sell your Roswell home or find your new Roswell home.

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