The landmark 1850s Greek-Revival mansion located at 2423 Prytania Street in the Garden District is re-emerging on the New Orleans luxury real estate scene. This historically significant property, owned by philanthropist Sarah Dunbar, is being presented as a “coming soon” listing with an asking price of $8.5 million. The listing agent, Eleanor Farnsworth of Latter & Blum | Compass, is handling the sale of this six-bedroom, five-and-a-half-bath home, which covers approximately 7,995 square feet on a 0.51-acre corner lot.
Having been in the Dunbar family since the 1970s, this home is anticipated to generate significant interest among high-net-worth buyers and investors keeping an eye on ultra-luxury properties in New Orleans. The house boasts extensive grounds featuring a pool, cabana, formal gardens, and two centuries-old live oaks, reflecting its rich history and appeal.
The property is expected to hit the market later this month, with full public marketing to follow. This listing is poised to influence the Garden District’s real estate dynamics by adding a rare piece of owner-occupied high-end inventory, potentially affecting comparable sales, demand, and pricing benchmarks in the area.
Preservation-minded buyers, institutional collectors, and potential developers may find this listing particularly attractive. The property’s size and historical significance offer unique opportunities for sensitive adaptive reuse or high-end residential repositioning.
As the listing becomes widely available, it is likely to provide key data points for brokers and lenders, especially important amid rising costs in construction and insurance. With its rich history and prime location, the mansion at 2423 Prytania Street remains a noteworthy offering in the New Orleans real estate market.
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