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$6,195,000

For Sale - Active
1191 W Conway Dr NW, Atlanta, GA 30327
7 Beds
0 Baths
11,139 Square Feet
0.00 Acres Lot
Built in 2017
For Sale - Active
1 Units
Checked: 10 hours ago
Updated: Jun 12, 2025 at 03:49AM

Investment Summary


Monthly Cash Flow
-$34,409
Cap Rate
-0.5%
Cash-on-Cash Return
-29.0%
Debt Coverage Ratio
-0.08
Internal Rate of Return (5 years)
-23.9%

Property Description


0.00 Acres Lot
Built in 2017
For Sale - Active
1 Units

Tucked behind private gates on an expansive 2.1-acre estate in the prestigious Buckhead neighborhood, this exquisite residence is a stunning example of timeless design and refined living. Every element of the home has been thoughtfully curated to blend classical architecture with modern luxury. A dramatic two-story foyer greets you with a sweeping curved staircase and floods of natural light, setting the tone for the sophistication within. To one side, a richly appointed study showcases bespoke floor-to-ceiling millwork and a striking view of the private front landscape. On the other, the formal dining room impresses with detailed trim work, soaring ceilings, and elegant proportions ideal for both intimate gatherings and large-scale entertaining. The main living room offers a harmonious balance of grandeur and comfort, featuring a tray ceiling, a bold stone fireplace, and a wall of windows that seamlessly merge indoor and outdoor living. Adjacent is the chef's kitchen, a true centerpiece of the home, anchored by a stunning marble waterfall island and outfitted with top-tier appliances concealed within custom cabinetry. A burnished brass pot filler, sleek vent hood, and wine refrigerator complete this space designed for both form and function. Flowing naturally from the kitchen, the light-filled family room is a haven for relaxed living, with vaulted ceilings and expansive windows that frame views of the beautifully landscaped walk out turf backyard and open gracefully to an outdoor veranda with automated screens. The main-level primary suite is a serene retreat with a vaulted ceiling and wooded vistas. Its en-suite bath evokes a boutique spa experience, featuring a sculptural stone soaking tub, a dramatic glass-enclosed marble shower, dual vanities with ambient lighting, and his-and-hers dressing rooms finished in rich custom cabinetry. Upstairs, five well-appointed bedrooms each feature private en-suite baths. A separate guest suite includes its own living space and bathroom, offering a versatile area perfect for extended stays, children's activities, or a private lounge. The home also includes an elevator that serves all levels, leading to an impressive terrace level designed for indulgence and leisure. Highlights include a glass-front, climate-controlled wine cellar, a professional-grade home theater, a full fitness suite with a mirrored studio for dance, barre, or yoga, and an additional living area complete with a full kitchen and guest accommodations. Outdoors, this estate continues to elevate the lifestyle with a resort-style saltwater pool and tanning shelf, expansive flat lawn, and dual covered pavilions featuring a wood-burning fireplace and vaulted wood ceilings ideal for alfresco dining and year-round enjoyment. A gated area offers the perfect space for pets or play. This is a rare opportunity to own a truly bespoke residence in one of Atlanta's most sought-after addresses an estate that defines elegance, privacy, and timeless sophistication.

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Location


Property Details


Parking

  • Description: Garage, Kitchen Level
  • Details: Attached, Garage, Garage Door Opener, Kitchen Level, Parking Pad
  • Garage Spaces: 6
  • Spaces Total: 6

Bedroom Information

  • # of Bedrooms: 7

Bathroom Information

  • # of Baths (Full): 8
  • # of Baths (Total): 0.0

Interior Features

  • # of Rooms: 19
  • # of Stories: 2
  • Basement: Yes
  • Basement Description: Daylight, Exterior Entry, Finished, Full, Interior Entry
  • Fireplace: Yes

Exterior Features

  • Exterior Walls Materials: Rock, Stone
  • Roof Material: Composition
  • Pool: Yes

Land Information

  • Land Use: Residential
  • Land Use Subtype: Single Family Residential

Lot Information

  • Parcel ID: 17017900010107
  • Lot Size: 0 sqft

Property Information

  • Property Type: Single Family Residence
  • Style: Brick 4 Side, Traditional
  • Year Built: 2017

Tax Information

  • Annual Tax: $97,517

Utilities

  • Water & Sewer: Public
  • Heating: Central, Electric, Natural Gas, Zoned
  • Cooling: Ceiling Fan(s), Central Air, Electric, Zoned

Location

  • County: Fulton

Listing Details


Listed by:
Leigh Schiff
Ansley RE | Christie's Int'l RE
(404) 480-4663

Source:
Georgia MLS
MLS#: 10523353
Georgia MLS

Investment Summary


Monthly Cash Flow
-$34,409
Cap Rate
-0.5%
Cash-on-Cash Return
-29.0%
Debt Coverage Ratio
-0.08
Internal Rate of Return (5 years)
-23.9%

Purchase Details

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Purchase price:
$6,195,000
Amount financed:
-$4,956,000
Down payment:
$1,239,000
Closing costs:
$185,850
Rehab costs:
$0
Initial cash invested:
$1,424,850
Square feet:
11,139
Cost per square foot:
$556
Monthly rent per square foot:
$0.71

Financing Details

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Loan amount:
$4,956,000
Loan to value ratio:
80.0%
Loan type:
Amortizing
Term:
30 years
Interest rate:
6.625%
Principal & interest:
$31,734
Property tax:
$8,126
Insurance:
$553
Private mortgage insurance (PMI):
$0
Monthly payment:
$40,413

Operating Income

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% Rent Monthly Yearly
Gross rent:
$7,900 $94,800
Vacancy loss: (6%)
6% -$474 -$5,688
Operating income:
$7,426 $89,112

Operating Expenses


% Rent Monthly Yearly
Property taxes: (103%)
103%-$8,126-$97,517
Insurance: (7%)
7%-$553-$6,636
Property management: (8%)
8%-$632-$7,584
Repairs & maintenance: (5%)
5%-$395-$4,740
Capital expenditures: (5%)
5%-$395-$4,740
HOA fees: (n/a)
n/an/an/a
Total operating expenses: (128%)
128%-$10,101-$121,217

Cash Flow


Monthly Yearly
Net operating income:
-$2,675 -$32,100
Mortgage payments:
-$31,734 -$380,808
Cash flow:
$34,409 $412,908