Historic Adair Park’s largest restored house is gunning for $550K

Living “only 800 steps to the Beltline” carries a new kind of premium for this spacious 1920s offering

By Josh Green@JoshGreen1234 Aug 2, 2018, 11:41am EDT

A delusional house that thinks it’s worth more than a half-million bucks in Adair Park. — The Elbert Street standard-bearer to be?

Just a few years ago, a prescient local scribe—not posing as a real estate advisor or nuclear physicist, but merely stating the obvious—opined that a handful of livable, sub-$200,000 bungalows in neighborhoods such as West End and Adair Park might make for prudent homebuyer investments.

As a new listing in Adair Park is essentially asking last year’s ceiling-busting West End sale of $425,000 to hold its beer, those yesteryear, pre-Beltline deals seem more and more like mirages of the relatively affordable past.

Especially for Atlanta buyers in the market for truly roomy renovations southwest of downtown.

Large, beautified houses from the early 1900s have recently scored north of $400,000 in Adair Park, but records indicate this property could be gunning to set the new benchmark by more than $100,000.

It listed this week for $550,000, which would buy 3,300 square feet—the neighborhood’s largest reno, per the listing agent—of simplified, unfussy elegance “on one of the best blocks in Historic Adair Park.”

Maybe a tight supply of unclaimed renovated houses (less than a half-dozen) in the neighborhood could be the motivation.

Flaunting four bedrooms, tall coffered ceilings, and built-ins appropriate for its 1920s vintage, the house is nestled a couple of blocks from the Beltline’s Westside Trail (only 800 steps away, per the listing!), equidistant to the neighborhood’s eponymous main parks (Adair Park I and II), on a street of proud bungalows off Metropolitan Parkway.

High points include original windows and an upstairs master suite that counts 1,000 square feet on its own. The rail-free deck, basically serving as an extension of the parking pad near the single-car garage, is by all means pleasant.

The roomy kitchen echoes the white-appliances trend spotted elsewhere in the city, most recently at Old Fourth Ward’s “most important” house of 2018. But the bathroom count—two and half—could be a sticking point for any place asking a half-million bucks.

As marketers put it, “You’ll love being a neighbor in this incredible community.”

But these days, clearly, it’ll cost you.