North of Atlanta, Chamblee is an unsung bastion of relatively affordable condos

$199K for two bedrooms with MARTA across the street—say what?!?

By Josh Green@JoshGreen1234 Apr 26, 2017, 1:32pm EDT

The Peachtree Malone Lofts in Chamblee. — Peachtree Malone Lofts.

Atlanta condo hunters frustrated by bidding frenzies, scant supply, and ballooning prices might not want to sleep on Chamblee, that urbanizing, transit-connected ITP city about 15 minutes north of Midtown.

Listing pools show nearly a dozen condos for sale in Chamblee right now—each within walking distance of restaurants and transit—for less than $300,000. Prices dip as low as $145,000 for a one-bedroom unit.

Granted, Piedmont Park and the Beltline aren’t exactly outside the backdoor, but much of what makes intown life enriching is. For a fraction of more centrally located condo prices.

One hotbed for such relatively affordable Chamblee listings is the Peachtree Malone Lofts, described as “a community of 134 Industrial Bauhaus style homes surrounding a lushly landscaped courtyard,” a Breeze card’s toss from the Chamblee MARTA station.

In general, perks here include “soaring ceilings, open spaces, luxurious baths and kitchens, huge balconies and patios, fitness center, covered parking, and [a] gated entrance,” per building management.

A screenshot of six sub-$300,000 lofts for sale at the Peachtree Malone building.

Among the newer offerings is unit 3319, a spartan pad with airy ceilings and an open concept that listed last week at $200,000.

Perks include its third-floor, corner-unit status, walls of windows, and a fairly gigantic balcony. The $200 monthly HOA fees seems downright paltry compared to condos in Buckhead and Midtown especially.

It counts a not-huge 900 square feet but manages to offer two bedrooms and two bathrooms (where updating could be in order, but probably isn’t mandatory). The “amazing views” mentioned in the listing include treetops and parking lots, but anyway the balcony is massive.