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Recent O4W Sale Portends More Homes to Come

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Word on the street is that the Old Fourth Ward housing market is red-hot, as evidenced by the recent sale of this modern prairie home at 317 Fortune St. and pending construction on numerous other lots. This three-story home with skyline views from its highest balcony is a custom presale that closed recently for $396,000, Kevin Morrow of Marketing Relevance tells Curbed Atlanta. Like other modernistic new-builds across the O4W, this home stresses an open floor plan and clean exterior lines. It's quite a U-turn from the neighborhood's more modest bungalows of yesteryear.

At 416 Glen Iris Drive (above), plans are being finalized for a modern-style home on this vacant lot. The property is an easy walk to Historic Fourth Ward Park and, soon, the Beltline.

This charming four-bedroom, two-bathroom home at 582 Morgan Street (right) will be redeveloped, pending plans from the architect, according to Marketing Relevance. The 1,152 square-foot abode last sold in 2006 for $146,000.

Other lots dotted throughout the Old Fourth Ward have been slated for large modern homes, too. (See the below example at 522 Highland Ave.) We ponder: In a decade, could this be the aesthetic for which the burgeoning neighborhood is known?

Further reading:

· Old Fourth Ward home sells, more on the way [Atlanta Real Estate Forum]

· 317 Fortune St. [Epic Development]