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St. Regis Atlanta penthouse sets record for priciest condo ever sold in Georgia

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The high-rise residence tops the list of 2019 whale sales for Buckhead

Home office with floor-to-ceiling windows overlooking the city.
These Atlanta views carried a hefty price tag.
Atlanta Fine Homes Sotheby’s International Realty

When it was first listed for sale in November 2018, this unit atop The Residences at the St. Regis Atlanta caught the attention of many real estate watchers.

Not surprisingly, the 9,825-square-foot penthouse’s price tag was noteworthy.

At $15.9 million, it was the city’s most expensive condo twice over at the time, and now that it’s officially traded for $13.9 million, it’s become the priciest condo ever sold in Georgia history, industry sources tell Curbed Atlanta.

A look at Buckhead.com’s list of the 10 most expensive homes sold in Buckhead last year makes the condo’s purchase price even more impressive.

After all, the next closest sale was a 12,035-square-foot manse in Mount Paran/Northside for $11.3 million.

A second St. Regis Atlanta unit made the 2019 list, but closed for only $5.7 million. Currently, its neighboring condo, both located on the 18th floor, is also listed at $5.7 million.

Furnished living room with floor-to-ceiling windows.
Panoramic views hold court in the living room.

The penthouse sellers—Howard Halpern, former owner of The Buckhead Beef Co. and current owner of Halpern and Associates LLC, and his wife, Lynne—originally purchased the unit in 2009 as the property was under development.

The purchase price then? $6.65 million.

According to industry sources, the buyer is a certain local tech billionaire.

The question remains: What does this record-setting sale mean for the future of high-rise condo sales around Atlanta? Will prices receive a boost, or will this turn out to be a unicorn in the market?

View of hallway with piano leading into formal dining room with table and chairs.
Those eating in the dining room can enjoy live music courtesy of the piano.
The expansive kitchen is not short on storage or counter space.
A wine cellar filled with wine bottles.
Favorite vintages won’t be far away in the wine cellar.
A den furnished with chairs, tables and an area rug.
The den provides a more intimate space for relaxing.
A bedroom with king bed, chairs, seating area, desk and floor-to-ceiling windows.
The master bedroom comes with its fair share of scenic vistas.