NOT LISTED FOR SALE

2945 Paces Lake Dr SE Atlanta, GA 30339

Estimated Value: $2,600,000 - $2,692,000

5 Beds
7 Baths
5,224 Sq Ft
$507/Sq Ft Est. Value

Last Sold February 25, 2025

Last sale price $2,675,000 $512 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $14,456/month

5 Days on Market

Highlights

  • 76 Feet of Waterfront
  • Wine Cellar
  • 0.6 Acre Lot
  • Teasley Elementary School Rated A
  • Lake View
  • Cape Cod Architecture

About This Home

As of February 2025

Truly a rare opportunity to be in Vinings on Paces Lake. This custom home was built in 1998 for the current and only owner of this high quality home that has unparalleled lake views from almost every room in the house. Cape Cod design with the primary suite on the main floor. Enjoy the low Cobb County taxes with easy proximity to all the private schools. Sited gracefully on this private lot, the view through the open front door offers a straight vista from front to the back of the home with the lake just beyond. The orientation of the home provides exceptional natural sunlight throughout the home all day long. Parking spaces abound in the front courtyard. A central hallway feeds effortlessly into a gracious dining room , the living room, the sunroom and the primary bedroom suite. As you walk through the home, each step takes you to an inviting room and sense of comfort. The gorgeous heart pine lined kitchen is a paradise for true chef who doesnCOt want to miss out on family gatherings. The kitchen, breakfast area and sitting area are adorned with a warm brick and mortar fireplace encouraging gatherings for all. Double oven and 8 burner stovetop by Thermador, 2 dishwashers, Sub -Zero Refrigerator/freezer and an icemaker provide everything one needs for the largest families or crowds. Step from the sunroom or sitting area onto a slate lined patio with an outdoor fireplace with an epic view overlooking Paces Lake. There is a side family and friends entrance off the driveway, opening to a gracious brick floored mudroom two steps away from the three car garage with a slate floor! From this family and friends entrance there is a sperate back stairway to a bedroom and office suite above the garage and steps to the kitchen and ground floor laundryroom with bathroom. Yet another large fireplace serves the separate, central living room for the house. Seating is plentiful for all large gatherings. The most fabulous rooms in Vinings await you with a large window lined sunroom overlooking the most gorgeous view of Paces Lake. Off this sunroom, a private doorway leads you to an primary suite like no other. Exterior wall is a solid wall of windows with views to the lake. What a way to start your day! Sperate his and her closets, a separate water closet with a bidet and urinal serves everyone well! A large shower, separate soaking tub and double vanities provide comfortable amenities for everyone. The second floor in the body of the home has two large bedrooms with ensuite bathrooms and huge closets. A finished storage/ play area is available if needed. A walk up set of stairs provides easy access to the unfinished attic area. The terrace level has a theater room, one gameroom overlooking the lake, another interior gameroom, a 2000 bottle wine cellar, a full bathroom and a gym that could easily be converted to another bedroom if needed. For a quiet moment, take the steps down to the private dock on the lake. Have a cup of coffee in the morning or take a quick paddle in the canoe around the lake. If you want your family and friends to be drawn to your home for comfort, this is the house

Last Agent to Sell the Property

Price Curtis

HOME Luxury Real Estate License #124030 Listed on: 01/22/2025

HOME Luxury Real Estate

Last Buyer's Agent

Glenda Broker

Non-Mls Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,527

Year Built

  • Built in 1998

Lot Details

  • 0.6 Acre Lot
  • 76 Feet of Waterfront
  • Lake Front
  • Back Yard Fenced

Home Design

  • Cape Cod Architecture
  • Wood Siding
  • Stone Siding
  • Stone

Interior Spaces

  • 3-Story Property
  • Wet Bar
  • Home Theater Equipment
  • High Ceiling
  • Ceiling Fan
  • Fireplace With Gas Starter
  • Double Pane Windows
  • Window Treatments
  • Entrance Foyer
  • Wine Cellar
  • Family Room with Fireplace
  • 4 Fireplaces
  • Living Room with Fireplace
  • Dining Room Seats More Than Twelve
  • Game Room
  • Sun or Florida Room
  • Home Gym
  • Keeping Room
  • Wood Flooring
  • Lake Views

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Walk-In Pantry
  • Double Oven
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Primary Bedroom on Main
  • Fireplace in Primary Bedroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Finished Basement Bathroom
  • Natural lighting in basement

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • Garage
  • Parking Pad
  • Parking Accessed On Kitchen Level
  • Garage Door Opener

Outdoor Features

  • Patio
  • Outdoor Fireplace
  • Outdoor Gas Grill

Schools

  • Teasley Primary/Elementary School
  • Campbell Middle School
  • Campbell High School

Utilities

  • Forced Air Heating and Cooling System
  • Underground Utilities
  • Gas Water Heater
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Vinings Subdivision
  • Community Lake

Listing and Financial Details

  • Legal Lot and Block 906 / C

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,527

Year Built

Built in 1998

Lot Details

0.6 Acres

Listing Details

  • Property Type: Residential
  • Section: 2
  • Year Built: 1998
  • ArchitecturalStyle: Cape Cod
  • Main Level Half Bathrooms: 2
  • Financing Type: Cash
  • Levels: Three Or More
  • Lot Size Acres: .60
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Double Oven, Dryer, Gas Water Heater, Microwave, Refrigerator, Washer
  • Bedrooms: 5
  • Dining Room Features: Seats 12+
  • Basement: Bath Finished, Daylight, Exterior Entry, Finished, Full
  • Interior Amenities: High Ceilings, Master On Main Level, Wet Bar, Wine Cellar
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Fireplace Features: Family Room, Gas Starter, Living Room, Master Bedroom, Outside
  • Flooring: Hardwood, Other
  • Kitchen Features: Breakfast Area, Breakfast Bar, Kitchen Island, Walk-in Pantry
  • Other Equipment: Home Theater
  • Window Features: Double Pane Windows, Window Treatments

Beds/Baths

  • Lower Level Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 3
  • Bedroom Lower Level: 1
  • Bedroom Main Level: 1

Exterior Features

  • Waterfront Frontage: 76
  • Common Walls: No Common Walls
  • Construction Materials: Stone, Wood Siding
  • ExteriorFeatures: Gas Grill
  • Fencing: Back Yard
  • Lot Features: Other
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Other
  • View: Lake
  • Waterfront Features: No Dock Or Boathouse

Garage/Parking

  • Parking Features: Garage, Garage Door Opener, Kitchen Level, Parking Pad

Utilities

  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Heating: Central, Forced Air
  • Laundry Features: Other
  • Security Features: Security System, Smoke Detector(s)
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Underground Utilities, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Lake

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Teasley Primary/Elementary
  • High School: Campbell
  • Middle School: Campbell

Lot Info

  • Land Lot: 906

Multi Family

  • Total Fireplaces: 4

Tax Info

  • Year: 2023
  • Tax Annual Amount: 7527

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2025
Closed on
Feb 25, 2025
Sold by
Wallace Elizabeth B
Bought by
Stone Mary Elizabeth and Stone Meade G
Seller's Agent
Price Curtis
HOME Luxury Real Estate
Buyer's Agent
Glenda Broker
Non-Mls Company
List Price
$2,795,000
Sold Price
$2,675,000
Premium/Discount to List
-$120,000
-4.29%
Views
37
Current Estimated Value
$2,648,076

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$26,924
Avg. Annual Appreciation
-0.96%

Purchase Details

Closed on
May 12, 2004
Sold by
Wallace James C
Bought by
Wallace Elizabeth B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 5, 2004
Sold by
Wallace Elizabeth B
Bought by
Wallace James C and Wallace Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.89%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Stone Mary Elizabeth $2,675,000 None Listed On Document
Stone Mary Elizabeth $2,675,000 None Listed On Document
Wallace Elizabeth B -- --
Wallace James C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wallace Elizabeth B $500,000
Previous Owner Wallace James C $325,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/25/2025 02/25/25 Sold $2,675,000 -4.3% $512 / Sq Ft
01/22/2025 01/22/25 For Sale $2,795,000 -- $535 / Sq Ft
Source: Georgia MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $8,134 $958,696 $240,000 $718,696
2024 $8,153 $958,696 $240,000 $718,696
2023 $7,527 $818,476 $210,000 $608,476
2022 $7,733 $818,476 $210,000 $608,476
2021 $7,749 $823,796 $210,000 $613,796
2020 $7,393 $704,739 $189,000 $515,739
2019 $7,422 $714,196 $210,000 $504,196
2018 $7,422 $714,196 $210,000 $504,196
2017 $19,740 $714,196 $210,000 $504,196
2016 $19,749 $714,196 $210,000 $504,196
2015 $17,691 $609,340 $200,000 $409,340
2014 $16,801 $574,320 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 10447084

Georgia MLS

APN: 17-0906-0-005-0

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