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Monday, May 26, 2008

New on the market in Atlanta

An interesting home came on the market this week. It is the home of country singer Kenny Rogers, and is situated in the heart of Buckhead. Listing price: $7.95 million. Rogers bought the home less than two years ago, and has spent most of that time renovating. According to an article in the Atlanta Journal-Constitution, he is moving to a 150 acre estate in Nicholson, Georgia.







The style is not really typical of Buckhead; Rogers calls it 'high-end eclectic'. It will be interesting to see who puchases this home. There are many homes on the market priced above $5 million, and they are sitting on the market. In the past few years homes in the Buckhead area have been priced more and more aggressively, and I have noticed a definite trend in prices either dropping, or houses being priced more moderately. I have a feeling this estate will take a long time to find the right buyer, what do you think?

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