Atlanta’s Affluent Community
Buckhead has a long history of being one of the most affluent communities in Atlanta and the country. Buckhead luxury homes and real estate come at a premium price and include everything from modern high-rise condos to sprawling estates. Buckhead also boasts convenient proximity to some of Atlanta’s best shopping and dining.
Buckhead luxury homes and real estate represent some of the most high-end properties in the Atlanta metro. Buckhead real estate is expensive, although there is some variance in the prices depending on where you’re at. Many of the homes are historic and have been impeccably maintained. Buckhead has not only some of the South’s most stunning homes but also shopping and dining. It’s a favorite among tourists and residents alike in Atlanta, and these offerings mean real estate does tend to come at a premium here.
Buckhead luxury homes and real estate is the prime reason people are drawn to this area of Atlanta, but there’s more to it than this. Buckhead is located in uptown Atlanta, and it’s a major area of commerce and a key financial center in the Southeast region. It’s the third primary business district in Atlanta, and there are urban areas of Buckhead along Peachtree Road. Then, surrounding the urban center, there are the sprawling residential neighborhoods with single-family homes, wooded areas, and hills.
Buckhead has long been a place of affluence and mansions. Before the stock market crash of 1929, it was known as a place where wealthy people built southern estates. In 1930 one of the biggest homes on Peachtree Road was constructed. Individual neighborhoods that are part of Buckhead include Buckhead Village, Collier Hills, North Buckhead, and Paces. The western zip code of Buckhead has been named as one of the wealthiest in the south, although some parts of Buckhead are less expensive than others. Buckhead is frequently named by media outlets like the Robb Report as being one of the best communities in the country for its shopping, restaurants, and mansions, and it’s sometimes referred to as the Beverly Hills of the south.
Some of the best shopping in Buckhead can be found at Phipps Plaza or Lenox Square, but there are smaller boutiques and more intimate retail options as well. Attractions in Buckhead include the Atlanta History Center and the family-friendly LEGOLAND Discovery Center. Buckhead is home to the Chastain Memorial Park, which is the largest city park in Atlanta. Chastain also features an amphitheater where national touring shows come each summer. Some of the many highly-regarded Buckhead restaurants include King + Duke, Chops Lobster Bar, Bones Restaurant and Pricci. Buckhead is often where chefs come to open new restaurants in Atlanta, so there are plentiful options.
There are year-round events in Buckhead, many of which are family-friendly. For example, Buckhead Restaurant Week is a local favorite as is the Buckhead Springs Arts & Craft Festival on Park Drive. The Chastain Park Arts Festival features more than 150 artists with their work on display, and there’s the Buckhead Beer and Wine Festival. Holiday events in Buckhead include the 4th of July at Lenox Square and the Lighting of the Great Tree at Macy’s on Thanksgiving Night. The Governor’s Mansion also hosts a Tree Lighting Ceremony.
Buckhead Luxury Homes and Real Estate Pricing
Real estate in Buckhead vary in their price and their size. There are Buckhead single-family homes that start in the $300,000s, but the larger homes and properties that run along West Paces Ferry Road closest to the Governor’s Mansion are often in the millions or tens of millions. Even during real estate declines, the homes in Buckhead tend to retain their value and sell well. The demand remains high in most Buckhead communities, even when it may dip in other parts of Atlanta.
The new construction options are pretty limited, which you’ll see as you look for homes in Buckhead. The primary new options are condo developments, although some builders are tearing down older properties and replacing them with new homes. The price of new homes in Buckhead usually begins in the $800,000s. The median sales price for a home in Buckhead is around $622,000, significantly higher than the rest of Atlanta. The median rental price for luxury homes in Buckhead is more than $4,600 a month.