Date
Details
Price
Change
Source
3/18/2026
Listed
$475,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$475,000 Just Listed
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Property Description
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+ vehicles or RVs provide both functionality and flexibility. The outdoor setup includes an outdoor shower, fire pit lounge area, elevated mulched terrace, pavilion-style seating and grilling area, multiple storage structures, a striking mural-covered shipping container, and additional structures including a yurt and glamping-style accommodations. The home was renovated in 2020 and features bright, updated interiors, including hardwood floors throughout, tiled bathrooms, and a renovated kitchen with white cabinetry and granite countertops. The layout offers flexibility for a variety of living arrangements, including a primary suite on the main level. An unfinished basement with interior and exterior entry, newer major systems including roof, HVAC, and water heater (all approximately 5 years old), and a detached two-car garage add functionality and long-term value. The property also offers ample space to add an ADU or convert the detached two-car garage into an ADU, creating an additional income stream. There may also be potential to subdivide the property into multiple parcels; Buyer should confirm feasibility with the appropriate authorities. A truly unique opportunity to own a property with rare acreage, character, and income potential in the heart of Atlanta.
Full Property Details
Full Property Details for 1860 Penelope Rd NW
General
- Price: $475,000
- Taxes: $4,934 (2025)
- Status: Active
- Type: Single Family
- Source: FMLS_Atlanta
- MLS ID: 7737276
- Updated: 3/19/2026
- Added to Site: 5 day(s) ago
Interior
- Interior Features: High Speed Internet, Low Flow Plumbing Fixtures, Recessed Lighting, Smart Home
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Living Room
- Appliances: Dishwasher, Disposal, Dryer, ENERGY STAR Qualified Appliances, Gas Cooktop, Gas Range, Microwave, Refrigerator, Washer
- Flooring: Hardwood, Wood
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- Half Bathrooms: 1
- Main Floor Baths: 1
- Primary Bathroom: Tub/Shower Combination
Bedrooms
- Total Bedrooms: 3
- Bedrooms Main: 1
- Bedroom Features: Master on Main
Other Rooms
- Kitchen: White Cabinets, Stone Counters
- Dining Room: Open Concept, Separate Dining Room
- Laundry: Electric Dryer Hookup, Gas Dryer Hookup, In Basement
Additional Information
- Amenities: None
- Security/Safety: Secured Garage/Parking, Security Gate, Security Lights, Security System Owned, Smoke Detector(s)
- Equipment: None
Exterior
- Exterior Features: Garden, Private Entrance, Private Yard, Rain Gutters, Storage
- Porch/Patio/Deck: Covered, Deck, Patio
Parking
- Garage Spaces: 2
- Total Spaces: 6
- Parking Features: Detached, Driveway, Garage, Level Driveway, RV Access/Parking, See Remarks
Location
- County: Fulton
- Subdivision: Penelope Neighbors
- Driving Directions: No sign in yard. Once on Anderson Ave, turn left on to Penelope Rd NW Home is on the left just past the speed hump.
School Information
- Elementary School: Fulton - Other
- Middle School: Fulton - Other
- High School: Fulton - Other
Heating & Cooling
- Cooling Type: Ceiling Fan(s), Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
Structural Information
- Architectural Style: Cape Cod, Traditional
- Detached/Attached: Detached
- Exterior Const.: Brick, Stone
- Basement: Yes
- Basement Desc.: Exterior Entry, Interior Entry, Partial, Unfinished, Walk-Out Access
- Roof: Shingle
- Common Walls: No Common Walls
- Windows: Insulated Windows
- Stories/Levels: Two
- Square Feet: 1,688
- Sq. Ft. Source: Appraiser
- Year Built: 1949
- Property Condition: Resale
Additional Structures
- Other Structures: Garage(s), Outbuilding, Shed(s), Storage, Workshop
Lot Features
- Property View: Neighborhood, Rural, Trees/Woods
- Lot Size (Acres): 1.7477
- Lot Size Source: Public Records
- Lot Dimensions: x
- Frontage: City Street
- Street/Road Desc.: Asphalt, Gravel, Paved
- Lot Features: Back Yard, Cleared, Farm, Front Yard, Level, Private
- Fencing (Description): None
Water Features
- Docks: None
Financial Considerations
- Tax Amount: $4,934
- Tax Year: 2025
Disclosures and Reports
- Property ID: 14 017300090243
Listed by Down Home Properties
Listings identified with the FMLS IDX logo come from FMLS, are held by brokerage firms other than the owner of this website and the listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work, please click here to review our DMCA policy and learn how to submit a takedown request. © 2026 First Multiple Listing Service, Inc. Last Updated Mar 21 2026 11:47AM
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Listing agent
— 1860 Penelope Rd NW —
Down Home Properties
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 1860 Penelope Rd NW
School District:Atlanta City School District
| Name | Grades | Distance |
|---|---|---|
Woodson Park Academy 1605 Donald Lee Hollowell Parkway Northwest, Atlanta, GA 30318 | K-8 | 1.4 mi |
Douglass High School 225 Hamilton E Holmes Drive Northwest, Atlanta, GA 30318 | 9-12 | 1.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1860 Penelope Rd NW
Tax History
Tax History for 1860 Penelope Rd NW
Year
Property Taxes
Change
Tax Assessment
Change
2023
$7,169
26%
$173,160
26%
2022
$5,692
19%
$137,480
30%
2021
$4,782
—
$106,000
104%
2021
$4,782
461%
$51,840
150%
2019
$853
5%
$20,760
5%
2018
$816
37%
$19,720
43%
2017
$596
2880%
$13,800
—
2015
$20
18%
$13,800
—
2014
$17
13%
$13,800
12%
2012
$15
—
$12,360
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1860 Penelope Rd NW
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- Single Family
- Active
- Updated 2 days ago
- 4Beds
- 2Total Baths
- Single Family
- Active
- Updated 3 days ago
- 3Beds
- 2Total Baths
Listed by Liscinsky Realty Group (678) 336-6614
- Land Residential
- Active
- Updated 3 days ago
- 0.21Acres
Listed by The Destiny Realty Group (770) 653-5671
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- Land Residential
- Active
- Updated 13 minutes ago
- 0.21Acres
Listed by The Destiny Realty Group
Listings identified with the FMLS IDX logo come from FMLS, are held by brokerage firms other than the owner of this website and the listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work, please click here to review our DMCA policy and learn how to submit a takedown request. © 2026 First Multiple Listing Service, Inc. Last Updated Mar 21 2026 11:47AM
1860 Penelope Road NW, Atlanta, GA 30314 (MLS# 7737276) is a Single Family property with 3 bedrooms, 2 full bathrooms and 1 partial bathroom. 1860 Penelope Road NW is currently listed for $475,000 and was received on March 18, 2026. Want to learn more about 1860 Penelope Road NW? Do you have questions about finding other Single Family real estate for sale in Atlanta? You can browse all Atlanta real estate or contact a Coldwell Banker agent to request more information.