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23 Perry St, Newnan, GA, 30263

4beds
4baths
7,430sqft
$2,150,000
$289price/sqft
$16,950/moest. monthly cost
$678,000/yrincome needed

About This Home

A 100-year-old cigar factory reimagined in 2016 as a modern trophy residence, 23 Perry Street brings rare architectural scale, historic texture, and highly considered design to downtown Newnan. Steps from shops, dining, and year-round festivals, the home spans 6,000+ square feet across three levels, pairing preserved industrial character with a complete interior rebuild. The renovation honored the building’s presence while reconstructing its framework for modern living. New footings, a concrete basement floor, updated framing, insulation, electrical, plumbing, a new third floor, and a heat-reflecting roof were integrated. Commercial-grade windows fill the original arched openings, sliding glass walls were added to the dining room and owner’s suite, heart-pine beams were repurposed as interior cladding, and reclaimed brick was reused in the façade. Behind an industrial steel gate, a private front patio introduces the home with a fireplace, water feature, seating area, and frosted-glass screening. A four-panel sliding glass pocket door opens the patio directly to the kitchen and dining area, creating a seamless indoor-outdoor flow. A 12-foot custom steel front door opens to the great room, where the scale is immediate. A soaring 25-foot ceiling, gas fireplace, original brick wall with patina, rows of arched windows, recessed LED lighting, and surround sound create a dramatic living environment. A full bar supports entertaining, while the music room adds floor-to-ceiling cabinetry and space for a grand piano. The dining room is anchored by a 12-seat iridescent marble table and connects directly to the front patio. The chef’s kitchen features a large marble island, slab backsplash, custom cabinetry, designer lighting, Bosch appliances including convection oven, steam oven, warming drawer, built-in microwave, and built-in coffee station, plus a Sub-Zero refrigerator with pull-out freezer drawer. A full butler’s pantry adds a second sink, second dishwasher, and generous storage, while an informal dining area opens to the two-level rear deck. A new four-car garage adds everyday convenience. A three-story light well brings natural daylight through nearly all of the home and connects the living spaces. Upstairs, a mezzanine lounge overlooks the great room through custom glass railing. The 1,500 square foot owner’s suite functions as a private retreat, with a sliding glass wall opening to a private deck overlooking Newnan Square with seating and a fire feature. Automated blackout shades, a retractable projector screen, and projector TV add comfort. The wardrobe room features custom cabinetry, hidden hampers, integrated ironing storage, and full-height mirrors. The bath is finished in Marmara marble, with a curbless glass shower, twin rain heads, soaking tub, double vanity with heated mirrors, and heated floors. Additional spaces include a guest suite, laundry with Miele washer and dryer plus pet station, a coffee bar with built-in Bosch coffee station and under-counter refrigerator, a terrace-level bedroom with ensuite bath, office, full gym, humidity-controlled wine cellar (~750 bottles), light-well access, and two large storage rooms. Systems include Control4 automation, Alarm security, and a four-zone Bosch geothermal HVAC system with warranty. Zoned commercial with a residential exception, the property allows flexible use. Located approximately 40 minutes from Midtown Atlanta and 20 minutes from Hartsfield-Jackson International Airport, 23 Perry Street is a rare adaptive-reuse residence blending industrial provenance, modern infrastructure, and walkability.

Getting Around

79
WalkingVery Walkable
0
TransitVery Limited Transit
49
BikeSomewhat Bikeable

Schools

8/10
5/10
Evans Middle SchoolGrades 6-81.7 mi
6/10
Newnan High SchoolGrades 9-121.0 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1914

Materials

  • Foundation: See Remarks
  • Roof: Composition
  • Construction materials: Brick 4 Sides

Type & Style

  • Home type: Condo
  • Architectural style: Contemporary,Loft
  • Property subType: Single Family Residence,Residential

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Double Oven,Gas Cooktop,Refrigerator
  • Laundry features: Upper Level

Basement

  • Has basement: Yes
  • Basement: Daylight,Driveway Access,Finished,Full

Bedroom

  • Features: In-Law Floorplan, Oversized Master, Sitting Room

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4
  • Full bathrooms: 3
  • 1/2 bathrooms: 1

Dining Room

  • Features: Open Concept, Seats 12+

Features

  • Bookcases,Double Vanity,Entrance Foyer 2 Story,Walk-In Closet(s),Wet Bar
  • Window features: Insulated Windows
  • Flooring: Hardwood
  • Number of fireplaces: 2
  • Fireplace features: Family Room,Great Room,Outside
  • Fireplace: Yes
  • Finished area below ground: 1,850
  • Finished area above ground: 5,580
  • Common walls with other units/homes: No Common Walls

Heating & Cooling

  • Heating features: Other
  • Cooling features: Other

Interior Area

  • Total structure area: 7,430
  • Total interior livable area: 7,430 sqft

Kitchen

  • Features: Breakfast Bar, Breakfast Room, Cabinets White, Kitchen Island, Pantry, Stone Counters

Master Bathroom

  • Features: Double Vanity, Separate Tub/Shower

Master Bedroom

  • Features: In-Law Floorplan, Oversized Master, Sitting Room
  • Level: In-Law Floorplan, Oversized Master, Sitting Room

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: N04 0010 002
  • Other equipment: None
  • Horse amenities: None

Features

  • Levels: Multi/Split
  • Pool features: None
  • Patio & porch: Deck,Enclosed,Front Porch,Patio,Rear Porch
  • Exterior features: Balcony,Courtyard,Gas Grill
  • Spa features: None
  • Fencing: None
  • Has view: Yes
  • View description: City
  • Waterfront features: None
  • Waterbody name: None

Lot

  • Features: Zero Lot Line
  • Lot size dimensions: 0x0

Parking

  • Total spaces: 6
  • Parking features: Carport,Garage
  • Has garage: Yes
  • Attached garage spaces: 4
  • Covered spaces: 6
  • Carport: Yes
  • Carport spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveModerate
  • Hail
    HailModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Cold Wave
Hail
Ice Storm
Lightning
Strong Wind
Tornado

FEMA Declared Disasters Across Georgia Counties

Flood
Hurricane
Severe Storm
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $10,871$130,452
Home Insurance *$1,217$14,604
Property Taxes $4,141$49,692
Electricity $721$8,662
Total$16,950$203,400
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$581,142/yr
40% on housing$508,500/yr
45% on housing$452,000/yr

Georgia FAIR Plan Programs

Georgia Underwriting Association

Covered
WildfireWildfire
Add-on available
WindWind
Visit Website →

Georgia Underwriting Association - Coastal

Covered
HailHail
WindWind
Visit Website →
Current Policies
Residential: 8,778Commercial: 638
Total Premiums$16.25M
Total Exposure$2.20B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.4%
7.4%
0%30.0%
Electricity Growth Rate10-year average: 5.5%
5.5%
0%15.0%
Property Taxes Growth Rate2-year average: 2.6%
2.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$289This listing

vs Other Active Listings

Avg $/sqft

ZIP 30263$153
Coweta County$171

vs Homes Sold Last Month

Median $/sqft

ZIP 30263$184
Coweta County$184

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-07Listed for sale$2,150,000
2022-08-18Sold$1,550,000
2022-07-21Contingent$1,625,000
2022-04-21Listed for sale$1,625,000
2022-04-04Listing removed$1,625,000
2022-02-03Listed for sale$1,625,000
2021-12-13Listing removed$1,650,000
2021-10-29Listed for sale$1,650,000
2021-10-14Listing removed$1,650,000
2021-06-24Listed for sale$1,650,000
2015-02-27Sold$150,000

For Sale by Agent

AgentMatthew Doyle
BrokerageCompass

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