The landmark estate of the late Charlie Loudermilk, located at 825 Davis Drive, sold last week for the first time since the 15,000 square foot home was constructed in 1999. The $8.6 million sale price makes the estate the most expensive property sold in the Buckhead area so far this year.
This iconic property is recognized by most as the home with the life size statue of a buck gracing the corner of Davis Drive and Northside Drive. The home was designed by William T. Baker for Loudermilk with significant influence from Thomas Jefferson’s Monticello in Virginia, at twice the scale.
The estate includes the 15,000 square foot home and is sited on 14.1 acres. Other amenities on the property include a fishing pond, waterfall, greenhouse, an old log cabin that was once a hunting lodge, and a barn. The property was listed for sale for just over $9 million in November of last year and received several offers before a deal was struck, closing 77 days after being listed.
Buckhead real estate broker, Ben Hirsh, Broker/Owner of Hirsh Real Estate – Buckhead.com, represented the Loudermilk family in the sale of the estate. “I had the privilege of knowing Charlie and spending time with him here at his home. He loved this place dearly and it was a significant moment in my career to handle the sale for his family,” said Hirsh. The sale of the Loudermilk estate further reinforces Hirsh’s 18-year track record in the Buckhead market; in 2021 and 2022, he brokered more of the top 10 home sales in Buckhead than any other Realtor.
Meet the new owners
The new owners are Rajiv (Raj) and Nita Sardana, longtime residents of Duluth, Georgia. Raj grew up in New Delhi, India in an average middle class family and came to the US in 1982 to attend Georgia Tech. “I’m not even clear exactly how I managed to get here, but I scraped together what I needed for a plane ticket and ended up washing dishes in the cafeteria while I earned my masters degree in mechanical engineering.”
Raj and Nita met and married in Chicago, where she had been raised, and then settled in metro Atlanta which they have called home ever since. Raj Sardana is the Chief Executive Officer of Innova Solutions, which he and Nita founded in 1998. The company is a B2B provider of technology solutions with annual revenue approaching $3 billion and more than 50,000 employees deployed across 25 different countries worldwide. The couple has remained committed to giving back to the communities in which the company does business. Nita Sardana is Vice President of Community Outreach and Corporate Giving and has led Innova Solutions to support local U.S.-based non- profit organizations such as the YWCA’s Teen Girls in Technology Program, Women in Technology, and the Atlanta Food Bank. “Our family looks forward to enjoying this beautiful property and the Buckhead community while making it our own.” the couple said. Read more about the Sardana family here.
Charlie Loudermilk’s son, Robin, said it well when reached for comment: “Our father loved his property on Davis Drive and the home he built there. We are very happy for the new owners and thankful for a smooth transaction. While his former home may be in new hands, his memory lives on in the legacy he left behind for our family, the Buckhead community, and the entire city of Atlanta.”