Buckhead condo affords ‘stunning’ views over Peachtree for a scant $112K

It might sound antithetical to Atlanta’s bigger-is-better ethos, but condos of less than 500 square feet are available all across the city right now, from downtown’s Marietta Street to Candler Park and points across Buckhead.

But none have views so primo as this studio at Buckhead’s Park Lane tower, which also happens to be the cheapest buying option in the city’s core intown neighborhoods at the moment.

The asking price? That’d be $112,000, as listed this week with Chapman Hall Realtors.

The 1967 building—an early example of high-rise residential in Buckhead, standing where Peachtree Road meets Lindbergh Drive—is known as a haven for first-time buyers. Many condos here, as the listing notes, could also operate as a pied-à-terre or downsizing option.

Similar units in the same building have traded recently in the $90,000s. Larger two-bedrooms have been moving in the low $200Ks. Few are as eye-catching as the bold, stylish studio spotted in the same building in late 2018, but that was slightly larger and cost more than today’s example.

Speaking of which, the $112,000 option includes just (gulp) 436 square feet but is certainly move-in ready, with a walk-in closet and one deeded parking space. Described as “stunning,” the south-facing views, following Peachtree toward central Midtown and Atlantic Station, appear to be safe for the time being.

There is no balcony or outdoor space, however, as Atlanta condo-hunters are accustomed to having.

Shopping, schools, bus lines, and even the MARTA Lindbergh Station are within reasonable hoofing distance. The HOA fees are $334.

That monthly outlay, it should be noted, covers all water, electric, and gas utilities, while affording access to a 24-hour concierge, saltwater pool, gym, billiards room, and onsite dog park.