1860 Penelope Road Nw, Atlanta, GA 30314

Atlanta
Local realty services provided by:ERA Towne Square Realty, Inc.
1860 Penelope Road Nw,Atlanta, GA 30314
$475,000
Virtual Tour
  • 3 Beds
  • 3 Baths
  • 1,688 sq. ft.
  • Single family
  • Active
Listed by: grant waugh
Office: down home properties
MLS#:7737276
Source:FIRSTMLS

Price summary

  • Price:$475,000
  • Price per sq. ft.:$281.4

About this home

Set on 1.75 acres in the heart of Atlanta, this renovated home offers a rare opportunity to own your own urban oasis with the flexibility to live, host, and generate income all in one place. With cash flow becoming harder to find, this property offers a unique opportunity. Enjoy it as a private residence with incredible outdoor space, purchase it as a fully operating hostel business that has averaged approximately $150,000 per year in revenue over the past three years (see agent for details), or use it as the ultimate house hack. The true highlight of this property is the land and outdoor experience, with features throughout the designed for gathering, entertaining, and flexible use. The grounds have been improved with over $15,000 in plantings, mature pecan and black walnut trees, and expansive cleared space ideal for gardening or simply enjoying the outdoors. A looping gravel drive with two access points on Penelope Rd, a secured gated entrance, and a gravel parking lot for 6+...

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Home facts

  • Year built:1949
  • Listing ID #:7737276
  • Updated:May 14, 2026 at 01:25 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:3
  • Full bathrooms:2
  • Half bathrooms:1
  • Flooring:Hardwood
  • Dining Description:Open Concept, Separate Dining Room
  • Bathrooms Description:Tub/Shower Combo
  • Kitchen Description:Cabinets White, Dishwasher, Disposal, Gas Cooktop, Gas Range, Microwave, Refrigerator, Stone Counters
  • Bedroom Description:Master on Main
  • Basement Description:Exterior Entry, Interior Entry, Partial, Unfinished
  • Living area:1,688 sq. ft.

Heating and cooling

  • Cooling:Ceiling Fan(s), Central Air
  • Heating:Central
  • Central air:Yes

Structure and exterior

  • Roof:Shingle
  • Year built:1949
  • Building area:1,688 sq. ft.
  • Lot area:1.75 Acres
  • Lot Features:Back Yard, Farm, Front Yard, Level, Private
  • Architectural Style:Cape Cod, Traditional
  • Construction Materials:Stone
  • Exterior Features:Covered, Deck, Garden, Patio, Private Yard, Rain Gutters, Storage
  • Levels:2 Story

Schools

  • High school:Fulton - Other
  • Middle school:Fulton - Other
  • Elementary school:Fulton - Other

Utilities

  • Water:Public, Water Available
  • Sewer:Public Sewer, Sewer Available

Finances and disclosures

  • Price:$475,000
  • Price per sq. ft.:$281.4
  • Tax amount:$4,934 (2025)

Features and amenities

  • Laundry features:Dryer, In Basement, Washer
  • Amenities:ENERGY STAR Qualified Appliances, High Speed Internet, Low Flow Plumbing Fixtures, Smart Home

Parking

  • Total parking spaces:6
  • Parking description:Detached, Driveway, Garage, Level Driveway, RV Access/Parking
  • Garage spaces:2
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