'Executive Brownstone' is Old Fourth Ward's Priciest House

Atlanta's hardly known as a brownstone town, but for buyers who covet East Coast or Chicago-style layouts in a setting with markedly more trees and post-October warmth, this high-stacked Old Fourth Ward sprawler could do the trick. Marketed as an "all brick executive townhome," this place has a 2006 vintage and a price that went down $80,000 this past weekend from the original list, landing at $895,000 — still the most expensive home in the Old Fourth Ward right now. So what's that big number buy? For starters, a huge amount of space (4,500 square feet) across three levels, a wood-paneled elevator and a primo location up the hill from Historic Fourth Ward Park and Ponce City Market. There's a rare floating wet bar in here, and a true chef's kitchen (Thermador, Sub-Zero brands) with flourishes that might smack as tacky. Inexplicably, despite the overall space, the home offers just three bedrooms (and almost twice as many bathrooms). On the bright side, the media room looks cozy enough to sleep in.

· 542 Rankin St. NE # A [Zillow]