Midtown condo near High Museum is gunning for a record $4.2M

No Atlanta condo has cracked the $4 million mark in the past couple of years, but don’t tell that to a sprawling, unfinished flat where Midtown meets Ansley Park.

Listed today, a unit spanning 4,840 square feet at One Museum Place—described as prolific homebuilder John Wieland’s “legacy community”—is asking $4.2 million.

In Atlanta’s volcanic real estate market of recent years, staggeringly high home prices can seem old hat. But this one begs for some context.

Residence 4L, as it’s called, would smash the previous Atlanta condo sales record for anywhere outside of Buckhead. That distinction currently goes to a 12,000-square-foot penthouse at Above The Four Seasons Atlanta, purchased by Cabbage Patch Kids founder Xavier Roberts for $3.4 million way back in 1995, industry experts have previously told Curbed Atlanta.

And it’d be the city’s priciest condo purchase in general since October 2015, when a raw shell space at the St. Regis Residences bagged $4 million. (It should be noted that 2017’s biggest condo catch was a $3.99 million, 5,200-square-foot beauty above Buckhead’s Mandarin Oriental).

So what would $4.2 million—plus $3,198 in monthly HOA fees—score a buyer at this community of 44 condos across the street from the High Museum of Art?

Beyond the cavernous volume and a private three-car garage within the parking garage, expect not one but two outdoor lanai areas (with wet bar and gas grill), Gaggenau appliances, and elevator service directly to the condo.

Strangely, per the listing, the unit serves just three bedrooms despite the square footage. And a nudge for buyers to “Make Final Design Selections Now!” suggests it’s not finished yet.

That would help explain the photos and renderings that don’t appear unique to this property but nonetheless give an idea of the OMP aesthetic.

Of course, the promised $12 million whoppers atop the No2 Opus Place proposal would make all of these prices relative chickenfeed, should they come to fruition—and sell.

• 1301 Peachtree Street NE Unit 4L [Estately]