As Atlanta’s urban sprawl continues its radial expansion into surrounding areas “outside of the perimeter” — the eight-lane concrete ring that is I-285 — neighboring cities have flourished as homebuyers seek less densely populated areas to inhabit.
One area that has seen major financial benefits from Atlanta’s continued metropolitan growth is Cobb County. Home to major suburban cities like Smyrna, Marietta, Kennesaw, and Acworth, Cobb County has been slowly expanding over the past 50 years but has experienced growth like no other since the completion of the Braves’ home stadium, Truist Park (formerly Suntrust Park), and it’s encompassing multi-use retail and commercial development, The Battery.
While the average sale price of homes in Cobb County has jumped roughly 21% in the past year, some homes in cities like Marietta have seen eye-popping home valuation increases as high as 60%. Though some of these immense increases may simply be outliers, homes near downtown areas or those with highly sought-after features are seeing similar increases in the range of 30% to 49%.
Marietta homes like this custom-built brick & stone estate in East Cobb’s River Park neighborhood are a glaring example of on-the-market properties that have seen massive increases in home equity since the onset of the pandemic.
This authentic French Country style home, perched among the trees and situated on 1.7 lush acres backing up to the Chattahoochee National Forest, is quintessential to what today’s luxury homebuyers are looking for: beautiful outdoor spaces, entertainment woven into the homes features and flow, along with modern amenities and conveniences.
The planning and rich detail put into the construction of this home is evident through its limestone and maple flooring, rough hewn beams on vaulted ceilings, 5 fireplaces, custom wall finishes and many other accents which combine to make this home truly extravagant. The 5-bedroom Marietta home has it all – a bar, wine gallery, billiard room, in-home gym, media room, multiple fireside living areas, and much more.
Beyond the home’s interior, the architecturally designed outdoor living areas surpass the highest expectations with a gorgeous saltwater pool & spa, along with an adjacent rustic lodge style covered pavilion that has an oversized fireside sitting and dining area as well as a complete outdoor kitchen.
Conveniently located near everything from shopping to dining to excellent recreational parks and activities on the river, this home’s prime location makes this luxurious Cobb estate that much more alluring.
Listed by Julie Altenbach with Harry Norman, REALTORS®, this home is located at 524 Gramercy Drive, Marietta, GA 30068.
