The little one-block alcove formed by Fortune place and street in Old Fourth Ward has probably changed as much as any intown mirco section since the Great Recession fizzled in Atlanta, emblematic of shifting architectural tastes and a radically heating residential market.
Drilling down further, this four-bedroom contemporary on Fortune Place—last spotted as a new build two years ago—signifies with its $1,150,000 asking price just how molten Old Fourth Ward has become.
At present, more than a dozen houses and townhomes are on the market in O4W for north of a million bucks—and as much as $1.52 million. A slightly larger remodel near Ponce City Market bagged $1,085,000 in February.
With a hair over 3,000 square feet, the Fortune Place property in question is highlighted by outdoor spaces coined “amazing” by the listing. The elevated patios especially—front and back—look more inviting all gussied up with plants, lighting, and furniture.
From porch railings to oversized windows and the back door, the house is loaded with clean lines that intermingle with more traditional touches: shiplap, brassy fixtures, and at least one barn door.
Beyond the outdoor hangs, perks include marble countertops, a two-car garage, and a dynamite 87 WalkScore afforded by a location around the corner from Historic Fourth Ward Park.
Whether that’s enough for buyers to part with about $3.82 per square foot remains to be seen.
Records show the house traded for $819,000 in October 2016.
- 620 Fortune Place [PalmerHouse Properties]