Over the past year, the sale of condos and townhomes have skyrocketed as suburban, single-family homes in cities around Atlanta have hit record-high prices, and record-low supply. Many younger generations of homebuyers that prefer proximity to the bustling city life are setting their sights on in-town living and diving into homeownership by purchasing condos in prime locations across Metro Atlanta. Along with this, the Baby Boomer population is beginning to downsize and are moving into homes that require less maintenance and that are more conveniently located than their houses in the exurbs.
Beyond the proximity to the vibrant downtown areas that Atlanta has to offer, buying a condo in the city has countless benefits. One of the biggest perks that comes with condo living is having less maintenance and the added associated costs that come with owning a single-family home. Cutting the grass, dealing with leaky roofs, and having to replace the siding of your home are just a few of added, and sometimes unexpected, expenses that can be challenging for those that travel often, have busy work schedules, or live with medical conditions. The comfort of neighbors, an experienced staff to take care of major repairs, and on-site lifestyle amenities like a pool and gym are game changers for those who value investing time and energy into the people, places, and interests they love.
Added security is another major benefit that comes with living in a condo. Many of the intown condominiums that we see today offer entries that are locked off from the public, along with security guards manning the door to keep unwelcome individuals out. To top it off, living in a building that houses hundreds of others gives you plenty of people to turn to for companionship, support, and security.
Lastly, affordability and appreciation are two of the key benefits that come with purchasing a condo. Often, the parcel of land that your home is situated on is often a major factor in the price of residential properties, and with condos sharing this space with hundreds of others, the asking price for condos with similar luxuries can often be dramatically lower than single-family homes. In addition, in years past condos usually appreciated slower than their suburban counterparts, however with the current housing market, this is changing rapidly. As home sales rebounded in early 2021, condo sales across the country doubled their sales from 2020, far out-pacing homes in the suburbs.
If you find that these benefits call out to you and compliment your lifestyle, there’s no better time than now to make the move to in-town condo living. Luxury residences like this 3-bedroom, 3-bath condo in the highly sought-after Spire high-rise deep in the heart of Midtown make for the ideal location to live while boasting all the mentioned benefits and more. This spacious, sun-flooded unit, which was previously two separate units that were combined into one, sets itself apart from the rest with its floor to ceiling windows in nearly every room and two balconies to enjoy the breathtaking skyline view of the city.
Though intown living provides you the options of hundreds of restaurants to choose from within walking distance, the recently renovated gourmet chef’s kitchen will give you a reason not to do so. Flaunting stainless steel appliances, a large island with waterfall countertops and custom backsplash coupled with the home’s open floorplan, the kitchen alone makes for a great place to entertain at home.
The luxurious owner’s suite is equally appealing, boasting a large shower, dual vanities, and a full, custom-built closet system. Both of the two additional bedrooms have their own bathrooms and spectacular views of midtown, with the owner’s suite and one of the bedrooms even having direct balcony access
Beyond the condo itself, the amenities provided, and the location of this luxurious 28-story high-rise are some of its biggest selling points. A short walk gives access to all of what Midtown has to offer, with Piedmont Park and the Beltline nearby, along with dozens of shopping and dining options just downstairs. Enjoy a day off poolside surrounded by gardens hundreds of feet up above the city noise before experiencing Atlanta’s finest nightlife below. This luxury condo truly embodies the best of in-town living.
Listed by Christiane Zeh-Schendowich with Harry Norman, REALTORS®, the property is located at 860 Peachtree Street, #1301, Atlanta, GA 30308.
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