Real estate professionals aligned with Condo.com continue to see a remarkable surge in new condominium and townhome developments in big cities across the U.S. From Florida to Hawaii, more and more buyers want the convenience of 24/7 living that urban areas can offer. That’s exactly why developers are building more new condos and townhomes in Atlanta, one of America’s most vibrant and international cities in the south.
Now that the economy is overcoming years of recessionary stagnation in terms of real estate, many people are once again on the move. As you will see below, the Atlanta condos for sale market is on the rise with a flurry of activity, perhaps to the point of where it was before the housing meltdown.
New Luxury Condos in Atlanta
If you’re excited about Southern hospitality, a city with a rich history, and a place that offers extraordinary dining and shopping venues, take a look at one of the Southeast’s most visited and celebrated cities: Atlanta. For the ultimate in luxury, check out The Residences at Mandarin Oriental, Atlanta, an exclusive haven of high-rise condos set within the popular and energizing Buckhead area of the city.
This architecturally rich building is as stunning on the outside as it is on the inside, where full-floor and half-floor residences start at about $2.2 million and climb upwards of $10 million.
High-style Luxury Living Paired With Hotel Amenities
Located at 3376 Peachtree Road, the 600,000-plus square foot building was originally called The Mansion on Peachtree, then re-branded as The Residences at Mandarin Oriental, Atlanta, in 2012. While there are 127 hotel rooms on the lower floors, the top levels are where you’ll find the 35 residences, designed to give sweeping views from north to south.
- Nearly every room boasts floor-to-ceiling windows, allowing natural light to drench the spacious and open interior floor plans.
- Each residence is lavishly appointed with top brands, state-of-the-art features, 11-foot ceilings and exquisite color palettes.
- Since the building operates as a hotel as well, 24/7 room-service, concierge services and resort amenities are never far away.
- The available residences are not re-sales, but newly constructed condos.
If you’re feeling lucky, you have a chance to own one of The Residences’ 37th floor condo by entering the HGTV Urban Oasis 2014 Giveaway at http://www.hgtv.com/urban-oasis. You’ll be within walking distance of some of the finest shopping locations at Phipps Plaza and Lenox Square Mall, as well as the world-class Atlanta Botanical Gardens and High Museum of Art, among other attractions.
Atlanta’s ‘Seventh Midtown’ Condos
Other luxurious condos and townhomes in Atlanta include the new Seventh Midtown, a condominium building at 867 Peachtree Road that is expected to break ground for construction in the next few weeks. The Atlanta INtown publication recently reported that condos are priced from the $700,000s, with about one third of the 20 condos already sold and closings set for next fall. Modern design, sleek finishes, top designer brands and cutting-edge appointments are all part of the contemporary lifestyle here. Plus, the latest in smart-home technologies, including a home-automation amenity.
- Seventh Midtown’s floors two through five have three condos and three floor plans ranging from 1,805 to 2,340 square feet with two or three bedrooms.
- Floors six through nine, with the top floor being penthouse suites, each have two residences — two- and three-bedroom plans with 2,710 or 2,874 square feet.
- And like other condos in this area, residents will have walking access to places such as The Beltline, Fox Theatre, Piedmont Park, High Museum of Art , plenty of shopping and dining.
Ansley Green Atlanta Condos
Being right across the street for the popular Piedmont Park is one of the main drivers of sales at the new Ansley Green condominium community, a smaller building of just six residences. We mention Piedmont’s prominence because so many Atlantans enjoy the park’s outdoor activity areas. From jogging and walking paths, to a swimming pool, tennis courts, playgrounds and picnic areas, there’s a lot to do. Piedmont Park is also well known for the events staged there every year, including the Atlanta Jazz Festival, the Atlanta Dogwood Festival and the Gay Pride Festival. Also nearby are a variety of restaurants, pubs and cafes, again all within a brief walk’s distance.
- Ansley Green’s first residents are expected to move in next spring. INtown also points out that Ansley Green’s demographic includes people who want a bit more exclusivity and serenity.
- These buyers are shying away from larger condos in Georgia, lush amenities and the higher homeowner fees typically associated with these types of properties.
- Still, they are likely to be empty-nesters or others with professional careers who expect quality, and this development answers that call.
- They can also personalize their condo with high-end materials throughout the spacious open floor plans that will also bring in an abundance of natural light.
- Residents can also enjoy the city’s vistas from the rooftop terrace complete with bar and lounge.
New Townhomes in Atlanta
As for new townhomes in Atlanta, take a peek at these two new developments:
- Linden Place: 26 townhomes on Lavista Road with asking prices on the high side of the $300,000s to the mid $400,000s. Sales have just begun for the three-story townhomes that offer 2,000 to 2,400 square feet in several floor plans. The exterior architecture offers a beautiful design that incorporates a craftsmen/traditional style with stone, brick and siding
- The Water Tower Stacks: With groundbreaking expected to begin this month, this community of two detached and eight attached luxury townhomes is expected to have its first residents by next spring or early summer. Floor plans will offer from 2,000 to 3,400 square feet priced from the $500,000s to the $700,000s. Units have not been released for sale yet as the project is in its pre-development marketing phase. The Water Tower Stacks is located in Atlanta’s Historic Old Fourth Ward, right off Inman Park near more than 30 restaurants and other destinations.
While condos and townhomes in Atlanta were not exactly best sellers during the down econmy, it is apparent that developers have noted the demand for urban-style living in one of the country’s most bustling midtown area. There are more condo and townhome projects planned and underway in Atlanta, and www.condo.com has several thousand listings to begin your search.
Midtown Atlanta Skyline Photo by ‘Atlantacitizen’ via Wikimedia Commons