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Swanky Townhome Near Beltline Slashed By $45K

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Steps from the Eastside Trail's current terminus on Irwin Street sits this modernistic townhome with a selling problem. Listed at $419,900 about two months ago, the ask has been slashed down to $374,999 — in white-hot Old Fourth Ward no less, which the listing agent assures us is "Atlanta's trendiest neighborhood." So what gives? Could it be the original ask was too ambitious for 1,350 square feet, despite the location (the Krog Street Market, to cite one attraction, is a three-minute walk away). Touted as a "modern masterpiece," the home was built by the award-winners at Cablik, and it offers plenty of perks, including a gourmet kitchen, therapeutic steam-mist shower and a two-car garage. But the true chef d'oeuvre here is the rooftop terrace, with downtown views and enough privacy to lounge around in the buff.
· 621 Irwin St. Unit B [Redfin]