1860 Penelope Road Nw, Atlanta, GA 30314

Local realty services provided by:CENTURY 21 Adams-Harvey & Associates
1860 Penelope Road Nw,Atlanta, GA 30314
$475,000
  • 3 Beds
  • 3 Baths
  • - sq. ft.
  • Single family
  • Coming Soon
Listed by: grant waughgrant@livedownhome.com
Office: down home properties
MLS#:10712961
Source:METROMLS

Price summary

  • Price:$475,000

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 #:10712961
  • Updated:March 19, 2026 at 12:30 AM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:3
  • Full bathrooms:2
  • Half bathrooms:1
  • Flooring:Hardwood
  • Dining Description:Separate Room
  • Bathrooms Description:Tile Bath
  • Kitchen Description:Dishwasher, Disposal, Microwave, Refrigerator, Solid Surface Counters
  • Bedroom Description:Master On Main Level, Roommate Plan, Walk-In Closet(s)
  • Basement Description:Exterior Entry, Interior Entry, Partial

Heating and cooling

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

Structure and exterior

  • Year built:1949
  • Lot Features:City Lot, Level, Open Lot, Pasture, Private
  • Architectural Style:Cape Cod, Traditional
  • Construction Materials:Brick, Stone
  • Exterior Features:Deck, Deck/Patio, Garden
  • Foundation Description:Block
  • Levels:2 Story

Schools

  • High school:Other
  • Middle school:Other
  • Elementary school:Other

Utilities

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

Finances and disclosures

  • Price:$475,000
  • Tax amount:$4,934 (2025)

Features and amenities

  • Appliances:Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
  • Laundry features:Dryer, In Basement, Washer
  • Amenities:Double Pane Windows, In-Law Floorplan, Security System, Smoke Detector(s)

Parking

  • Total parking spaces:8
  • Parking description:1+ Parking Space/Unit, Detached Parking, Garage, RV / Boat Parking, Storage
  • Garage:Yes
MLS Logo2026 Georgia MLS. All rights reserved. Information Deem Reliable But Not Guaranteed March 19, 2026