Sawtoothed Va-Hi townhomes coming to market cheaper—gasp!—than expected

But don’t expect a fire sale, as Ponce-adjacent project will still begin (barely) in the $800Ks

By Josh Green@JoshGreen1234 Nov 1, 2018, 11:37am EDT

The sawtooth units at left, and urban villas duplex at right.

A distinctive townhome row in Virginia-Highland is coming to market now as the latest example of Atlanta developers keeping prices at what they were promised to be—if not a little less, even.

Predicted earlier this year to start at roughly $950,000, the smaller townhome options at The Milo on Ponce project have instead listed in recent days at $895,000.

Granted, that’s no BlueLight Special, but it marks a change over instances of developers gradually—if not drastically—marking up townhome prices throughout planning and construction phases, sometimes by hundreds of thousands of dollars.

The work of Decatur-based Office of Design and Hudson Development, The Milo is rising at 910 Ponce de Leon Avenue, near John Lewis Freedom Parkway, where a two-story brick apartment building that formerly housed Open Door Shelter was razed.

Demolition of the site’s predecessor, early 20th century apartments.

A mix of six luxury units beneath a sawtoothed roof and two conjoined “urban villas” with a butterfly roof, The Milo is marketed as the “opportunity of a generation” to live “an elevated lifestyle” on “one of the few remaining undeveloped parcels in Virginia-Highland.”

The community will be gated, and each four-level offering will have two-car garages that appear to be a little tight in renderings. As in, vehicle entry à la the Dukes of Hazzard might be required.

The under-construction project’s relationship to Ponce, as seen recently.

The first of the urban villas listed (four bedrooms, three bathrooms, 2,371 square feet) is asking $895,000, while the larger sawtooth units (four bedrooms, three and a half bathrooms, 3,057 square feet) aim to fetch $925,000, per listings.

Amenities include a couple of guest parking spots and what appears to be a communal lawn with fire pit. Rooftop “sky lounges” with skyline views, wet bars, half-bathrooms, and fireplaces come standard.

Have a look a fresh interior renderings below.