Discounted, 'incredible' slice of Buckhead on table near Chastain Park

Plans are coming into clearer focus for a relatively dense housing proposal on one of Buckhead’s most well-known residential streets, a location near nature, retail, and city-operated greenspaces. 

All that’s missing is someone willing to actually build it. Still. 

Spanning between 314 and 324 W. Wieuca Road, a mile east of Chastain Park, the 4.8-acre assemblage of residential properties recently came back to market at a discounted (but not fire-sale) asking price of $2.5 million. 

Permitted plans call for replacing a trio of relatively modest houses with 10 luxury dwellings, with access to next-door trails and greenspace a selling point. Site plans help paint the picture of how that infill development could be arranged, should a homebuilder choose to use current drawings.  

According to sellers, the property has been granted a land development permit that’s ready to be assigned to a developer, with demolition expected in March. The “shovel-ready” land in question is fully entitled and zoned PDH, a classification that allows for Planned Development Housing. 

Today it’s home to three vacant houses with 220 feet of frontage along West Wieuca Road. Behind that is land set for a future park as part of Atlanta’s masterplan for creating more greenspaces and pocket parks throughout the city.  

The same Buckhead acreage came to market with a different brokerage firm asking significantly more—$3.1 million—late last year. 

Ansley Real Estate and Christie's International Real Estate hold the listing now. 

Overall, the offering is marketed as an “incredible” and “RARE, ready-to-go opportunity in Atlanta's affluent Buckhead neighborhood,” with a mix of shopping and restaurants plus Publix, Trader Joe's, and Fresh Market nearby. 

Another potential selling point: The site is districted for Sara Rawson Smith Elementary, Willis A. Sutton Middle, and North Atlanta high schools. 

Swing up to the gallery for more visuals and context. 

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