Report: ATL home prices ballooned nearly 60 percent since pandemic
Report: ATL home prices ballooned nearly 60 percent since pandemic
Report: ATL home prices ballooned nearly 60 percent since pandemic
Josh Green
Tue, 01/28/2025 – 08:43
An eye-popping report released this week by Georgia Multiple Listing Service could be either disconcerting or a cause for celebration, depending on which side of the homeownership divide metro Atlantans fall.
The year-end 2024 figures compiled by Georgia MLS contrast the state of home prices across (traditionally affordable) metro Atlanta and Georgia today versus five years ago—or the last full year before a global pandemic sent the housing market into a tizzy, especially in Sun Belt places such as Atlanta and its suburbs.
Perhaps the most compelling number is the change in median close prices—a jump of 59 percent—for homes across what Georgia MLS considers Atlanta’s “core counties” between 2019 and 2024. (Those 12 counties are: Cherokee, Clayton, Cobb, DeKalb, Douglas, Fayette, Forsyth, Fulton, Gwinnett, Henry, Paulding, and Rockdale.)
That means the median home sale five years ago around Atlanta was about $255,000. Today it’s $405,000, according to Georgia MLS’ tally for 2024.
That mark is still slightly less than the national sales median for 2024, when a dearth of supply led to a nearly 30-year low in total sales of previously occupied homes for the second year running—or what the Associated Press called the “latest evidence that homeownership is becoming increasingly less accessible to many Americans.”
Shutterstock
The phenomenon of dwindling supply has been felt locally, too.
More than 77,000 homes sold in metro Atlanta in 2019. But last year, that number had dipped by nearly 28 percent to just over 55,700, according to Georgia MLS tabulations.
If there’s any good news for buyers in the five-year roundup, it’s that homes stayed on the market longer in 2024 than at any point since the teens.
According to Georgia MLS, the median days-on-market for homes around Atlanta last year was 22 days. (Contrast that with the lunacy that was pandemic-era 2021, when the median DOM was a mere six days.)
Here’s a snapshot of Georgia MLS’ findings, both for Georgia at large and the dozen core counties around its capital city:
Georgia MLS
…
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• Atlanta scores spot on shortlist of ‘most visited cities’ (Urbanize Atlanta)
Shutterstock
Georgia MLS
Report: ATL home prices ballooned nearly 60 percent since pandemic
Josh Green
Tue, 01/28/2025 – 08:43
An eye-popping report released this week by Georgia Multiple Listing Service could be either disconcerting or a cause for celebration, depending on which side of the homeownership divide metro Atlantans fall.
The year-end 2024 figures compiled by Georgia MLS contrast the state of home prices across (traditionally affordable) metro Atlanta and Georgia today versus five years ago—or the last full year before a global pandemic sent the housing market into a tizzy, especially in Sun Belt places such as Atlanta and its suburbs.
Perhaps the most compelling number is the change in median close prices—a jump of 59 percent—for homes across what Georgia MLS considers Atlanta’s “core counties” between 2019 and 2024. (Those 12 counties are: Cherokee, Clayton, Cobb, DeKalb, Douglas, Fayette, Forsyth, Fulton, Gwinnett, Henry, Paulding, and Rockdale.)
That means the median home sale five years ago around Atlanta was about $255,000. Today it’s $405,000, according to Georgia MLS’ tally for 2024.
That mark is still slightly less than the national sales median for 2024, when a dearth of supply led to a nearly 30-year low in total sales of previously occupied homes for the second year running—or what the Associated Press called the “latest evidence that homeownership is becoming increasingly less accessible to many Americans.”
Shutterstock
The phenomenon of dwindling supply has been felt locally, too.
More than 77,000 homes sold in metro Atlanta in 2019. But last year, that number had dipped by nearly 28 percent to just over 55,700, according to Georgia MLS tabulations.
If there’s any good news for buyers in the five-year roundup, it’s that homes stayed on the market longer in 2024 than at any point since the teens.
According to Georgia MLS, the median days-on-market for homes around Atlanta last year was 22 days. (Contrast that with the lunacy that was pandemic-era 2021, when the median DOM was a mere six days.)
Here’s a snapshot of Georgia MLS’ findings, both for Georgia at large and the dozen core counties around its capital city:
Georgia MLS
…
Follow us on social media:
Twitter / Facebook/and now: Instagram
• Atlanta scores spot on shortlist of ‘most visited cities’ (Urbanize Atlanta)
Tags
Georgia MLS
Georgia Multiple Listing Service
Atlanta homes
Atlanta Homes for Sale
Atlanta Cost of Living
Atlanta home prices
Georgia Home Prices
COVID-19
Pandemic
Inflation
Images
Shutterstock
Georgia MLS
Subtitle
A cause for concern—or celebration?
Neighborhood
Citywide
Background Image
Image
Before/After Images
Sponsored Post
Off Read More
Report: ATL home prices ballooned nearly 60 percent since pandemic
Josh Green
Tue, 01/28/2025 – 08:43
An eye-popping report released this week by Georgia Multiple Listing Service could be either disconcerting or a cause for celebration, depending on which side of the homeownership divide metro Atlantans fall.
The year-end 2024 figures compiled by Georgia MLS contrast the state of home prices across (traditionally affordable) metro Atlanta and Georgia today versus five years ago—or the last full year before a global pandemic sent the housing market into a tizzy, especially in Sun Belt places such as Atlanta and its suburbs.
Perhaps the most compelling number is the change in median close prices—a jump of 59 percent—for homes across what Georgia MLS considers Atlanta’s “core counties” between 2019 and 2024. (Those 12 counties are: Cherokee, Clayton, Cobb, DeKalb, Douglas, Fayette, Forsyth, Fulton, Gwinnett, Henry, Paulding, and Rockdale.)
That means the median home sale five years ago around Atlanta was about $255,000. Today it’s $405,000, according to Georgia MLS’ tally for 2024.
That mark is still slightly less than the national sales median for 2024, when a dearth of supply led to a nearly 30-year low in total sales of previously occupied homes for the second year running—or what the Associated Press called the “latest evidence that homeownership is becoming increasingly less accessible to many Americans.”
Shutterstock
The phenomenon of dwindling supply has been felt locally, too.
More than 77,000 homes sold in metro Atlanta in 2019. But last year, that number had dipped by nearly 28 percent to just over 55,700, according to Georgia MLS tabulations.
If there’s any good news for buyers in the five-year roundup, it’s that homes stayed on the market longer in 2024 than at any point since the teens.
According to Georgia MLS, the median days-on-market for homes around Atlanta last year was 22 days. (Contrast that with the lunacy that was pandemic-era 2021, when the median DOM was a mere six days.)
Here’s a snapshot of Georgia MLS’ findings, both for Georgia at large and the dozen core counties around its capital city:
Georgia MLS
…
Follow us on social media:
Twitter / Facebook/and now: Instagram
• Atlanta scores spot on shortlist of ‘most visited cities’ (Urbanize Atlanta)
Tags
Georgia MLS
Georgia Multiple Listing Service
Atlanta homes
Atlanta Homes for Sale
Atlanta Cost of Living
Atlanta home prices
Georgia Home Prices
COVID-19
Pandemic
Inflation
Images
Shutterstock
Georgia MLS
Subtitle
A cause for concern—or celebration?
Neighborhood
Citywide
Background Image
Image
Before/After Images
Sponsored Post
Off
Nightingale CEO Elie Schwartz Charged With Wire Fraud
Nightingale CEO Elie Schwartz Charged With Wire Fraud
Prosecutors charged embattled Nightingale Properties CEO Elie Schwartz with a single count of wire fraud at a federal courthouse in Atlanta Wednesday morning.
Prosecutors charged embattled Nightingale Properties CEO Elie Schwartz with a single count of wire fraud at a federal courthouse in Atlanta Wednesday morning. Read MoreBisnow News Feed
Prosecutors charged embattled Nightingale Properties CEO Elie Schwartz with a single count of wire fraud at a federal courthouse in Atlanta Wednesday morning.
This Week’s Atlanta Deal Sheet: Denver Developer Razing Former Kellogg’s Plant For New Warehouse
This Week’s Atlanta Deal Sheet: Denver Developer Razing Former Kellogg’s Plant For New Warehouse
A Denver-based real estate firm is getting into the rail-served warehouse game in Metro Atlanta.
A Denver-based real estate firm is getting into the rail-served warehouse game in Metro Atlanta. Read MoreBisnow News Feed
A Denver-based real estate firm is getting into the rail-served warehouse game in Metro Atlanta.
Veteran Warehouse Developer Turning To Data Centers With New Firm
Veteran Warehouse Developer Turning To Data Centers With New Firm
After years of developing warehouses across the Southeast, Stan Conway is shifting focus with a new company.
After years of developing warehouses across the Southeast, Stan Conway is shifting focus with a new company. Read MoreBisnow News Feed
After years of developing warehouses across the Southeast, Stan Conway is shifting focus with a new company.
Final house at Palm Springs-inspired project reaches market
Final house at Palm Springs-inspired project reaches market
Final house at Palm Springs-inspired project reaches market
Josh Green
Mon, 01/27/2025 – 15:21
As one might expect, a row of Joseph Eichler-inspired, eco-conscious houses in the industrial-heavy reaches of northwest Atlanta became a TikTok darling pretty much overnight. And now it’s gunning for sold-out status.
That’s according to Jarred Bone of Keller Knapp Realty, who listed the final available house at the unique 3 Palms infill project last week.
With its 1960s inspirations and net-zero-ready status, 3 Palms has been marketed as “revolutionary” and the “modern Atlanta dream home” since the first of its three dwellings came to market a year ago. The project fronts Abner Place in the Carver Hills neighborhood of Atlanta’s “Upper Westside,” neighboring places such as Blandtown, Bolton, and Scotts Crossing.
“It’s been overwhelming the amount of interest these homes have received from the public,” Bone noted via email this week. “Feedback from buyers and especially real estate agents on 3 Palms has been that these homes are so refreshing.”
The last available home counts three bedrooms and two bathrooms in 1,650 square feet for $575,000—for a breakdown of $348 per square foot.
Exterior of the corner unit for sale now, 2107 Abner Place. Photos by Will Dodgen; courtesy of Jarred Bone Real Estate Services
Photos by Will Dodgen; courtesy of Jarred Bone Real Estate Services
Bone said the house in question was finished and listed last year but pulled from the market as it became clear many buyers were on the fence and waiting to learn the outcome of the 2024 presidential election.
“It seems there is a lot of pent-up demand, with seven showings happening over the weekend,” he said. “So our decision to list in 2025 seems like the right move.”
The 3 Palms project was built by Atlanta-based Urban Oasis Development and designed by the Xmetrical architecture firm, which has active projects dotted across the city.
Each 3 Palms house (no actual palms included) was designed to blur the lines between inside and out by incorporating open courtyards, patios, and a multitude of windows in limited space.
Bold roof lines and ceilings up to 13 feet were also meant to evoke the easy-breezy, livable feel of Palm Springs.
“One of the first buyers at 3 Palms is installing a modern lap pool right now just outside the interior courtyard, and it really completes the midcentury modern vibe,” said Bone. “Maybe the next round [of homes] will all come with lap pools.”
How the trio of distinctive new homes claimed an empty corner lot in Carver Hills, west of Atlantic Station Photos by Will Dodgen; courtesy of Jarred Bone Real Estate Services
Photos by Will Dodgen; courtesy of Jarred Bone Real Estate Services
According to sellers, additional perks of 3 Palms units include built-in cabinetry, rainfall showerheads, and full-home dehumidification. The goal is to achieve low utility bills with features such as high-tech insulation, a hybrid hot water heater, low-flow plumbing, and pre-wiring for solar, a house battery, and an EV charging station.
The middle house at 3 Palms sold prior to completion, Bone previously said. Initial prices were $599,999, and all three homes are the same size.
Per the development team, the properties are the only net-zero-ready homes on the Atlanta market priced less than $1 million right now.
Photos by Will Dodgen; courtesy of Jarred Bone Real Estate Services
Developer Wole Oyenuga, co-principal of Urban Oasis and Sims Real Estate Group CEO, previously told Urbanize Atlanta the goal is to eventually scale up the 3 Palms concept and deliver thousands of similar homes, opening the door “to a new, elevated kind of living” in the vein of Joseph Eichler’s California philosophy.
“I get at least five phone calls a day on these homes,” Bone said, “mainly to tour, but we’ve had lots of requests for Urban Oasis to do a 3 Palms development in Alpharetta, Newnan, or even Florida.”
Find more 3 Palms context and interior photos in the gallery above. And here’s a 3D walkthrough of the final home for sale in the first round.
…
Follow us on social media:
Twitter / Facebook/and now: Instagram
• Bolton news, discussion (Urbanize Atlanta)
The 3 Palms project’s Abner Place location west of Midtown in the Carver Hills neighborhood. Google Maps
Attractions in the area include Westside Park, Proctor Creek Greenway, and the forthcoming Beltline Northwest Trail. 3 Palms/ Urban Oasis Development/Sims Real Estate Group; via Keller Knapp Realty; designs, Xmetrical
Exterior of the corner unit for sale now, 2107 Abner Place. Photos by Will Dodgen; courtesy of Jarred Bone Real Estate Services
Sample floorplan at 3 Palms. 3 Palms/ Urban Oasis Development/Sims Real Estate Group; via Keller Knapp Realty; designs, Xmetrical
Photos by Will Dodgen; courtesy of Jarred Bone Real Estate Services
Example of an interior courtyard. Photos by Will Dodgen; courtesy of Jarred Bone Real Estate Services
Photos by Will Dodgen; courtesy of Jarred Bone Real Estate Services
Photos by Will Dodgen; courtesy of Jarred Bone Real Estate Services
Photos by Will Dodgen; courtesy of Jarred Bone Real Estate Services
Photos by Will Dodgen; courtesy of Jarred Bone Real Estate Services
Photos by Will Dodgen; courtesy of Jarred Bone Real Estate Services
Photos by Will Dodgen; courtesy of Jarred Bone Real Estate Services
Photos by Will Dodgen; courtesy of Jarred Bone Real Estate Services
Photos by Will Dodgen; courtesy of Jarred Bone Real Estate Services
Photos by Will Dodgen; courtesy of Jarred Bone Real Estate Services
Photos by Will Dodgen; courtesy of Jarred Bone Real Estate Services
Photos by Will Dodgen; courtesy of Jarred Bone Real Estate Services
Photos by Will Dodgen; courtesy of Jarred Bone Real Estate Services
Photos by Will Dodgen; courtesy of Jarred Bone Real Estate Services
Photos by Will Dodgen; courtesy of Jarred Bone Real Estate Services
2107 Abner Place. Photos by Will Dodgen; courtesy of Jarred Bone Real Estate Services
Photos by Will Dodgen; courtesy of Jarred Bone Real Estate Services
How the trio of distinctive new homes claimed an empty corner lot in Carver Hills, west of Atlantic Station Photos by Will Dodgen; courtesy of Jarred Bone Real Estate Services
How the trio of throwback-modern dwellings front Abner Place. 3 Palms/ Urban Oasis Development/Sims Real Estate Group; via Keller Knapp Realty; designs, Xmetrical
The project’s branding in listings. 3 Palms/ Urban Oasis Development/Sims Real Estate Group; via Keller Knapp Realty; designs, Xmetrical
Final house at Palm Springs-inspired project reaches market
Josh Green
Mon, 01/27/2025 – 15:21
As one might expect, a row of Joseph Eichler-inspired, eco-conscious houses in the industrial-heavy reaches of northwest Atlanta became a TikTok darling pretty much overnight. And now it’s gunning for sold-out status.
That’s according to Jarred Bone of Keller Knapp Realty, who listed the final available house at the unique 3 Palms infill project last week.
With its 1960s inspirations and net-zero-ready status, 3 Palms has been marketed as “revolutionary” and the “modern Atlanta dream home” since the first of its three dwellings came to market a year ago. The project fronts Abner Place in the Carver Hills neighborhood of Atlanta’s “Upper Westside,” neighboring places such as Blandtown, Bolton, and Scotts Crossing.
“It’s been overwhelming the amount of interest these homes have received from the public,” Bone noted via email this week. “Feedback from buyers and especially real estate agents on 3 Palms has been that these homes are so refreshing.”
The last available home counts three bedrooms and two bathrooms in 1,650 square feet for $575,000—for a breakdown of $348 per square foot.
Exterior of the corner unit for sale now, 2107 Abner Place. Photos by Will Dodgen; courtesy of Jarred Bone Real Estate Services
Photos by Will Dodgen; courtesy of Jarred Bone Real Estate Services
Bone said the house in question was finished and listed last year but pulled from the market as it became clear many buyers were on the fence and waiting to learn the outcome of the 2024 presidential election.
“It seems there is a lot of pent-up demand, with seven showings happening over the weekend,” he said. “So our decision to list in 2025 seems like the right move.”
The 3 Palms project was built by Atlanta-based Urban Oasis Development and designed by the Xmetrical architecture firm, which has active projects dotted across the city.
Each 3 Palms house (no actual palms included) was designed to blur the lines between inside and out by incorporating open courtyards, patios, and a multitude of windows in limited space.
Bold roof lines and ceilings up to 13 feet were also meant to evoke the easy-breezy, livable feel of Palm Springs.
“One of the first buyers at 3 Palms is installing a modern lap pool right now just outside the interior courtyard, and it really completes the midcentury modern vibe,” said Bone. “Maybe the next round [of homes] will all come with lap pools.”
How the trio of distinctive new homes claimed an empty corner lot in Carver Hills, west of Atlantic Station Photos by Will Dodgen; courtesy of Jarred Bone Real Estate Services
Photos by Will Dodgen; courtesy of Jarred Bone Real Estate Services
According to sellers, additional perks of 3 Palms units include built-in cabinetry, rainfall showerheads, and full-home dehumidification. The goal is to achieve low utility bills with features such as high-tech insulation, a hybrid hot water heater, low-flow plumbing, and pre-wiring for solar, a house battery, and an EV charging station.
The middle house at 3 Palms sold prior to completion, Bone previously said. Initial prices were $599,999, and all three homes are the same size.
Per the development team, the properties are the only net-zero-ready homes on the Atlanta market priced less than $1 million right now.
Photos by Will Dodgen; courtesy of Jarred Bone Real Estate Services
Developer Wole Oyenuga, co-principal of Urban Oasis and Sims Real Estate Group CEO, previously told Urbanize Atlanta the goal is to eventually scale up the 3 Palms concept and deliver thousands of similar homes, opening the door “to a new, elevated kind of living” in the vein of Joseph Eichler’s California philosophy.
“I get at least five phone calls a day on these homes,” Bone said, “mainly to tour, but we’ve had lots of requests for Urban Oasis to do a 3 Palms development in Alpharetta, Newnan, or even Florida.”
Find more 3 Palms context and interior photos in the gallery above. And here’s a 3D walkthrough of the final home for sale in the first round.
…
Follow us on social media:
Twitter / Facebook/and now: Instagram
• Bolton news, discussion (Urbanize Atlanta)
Tags
Carver Hills
2115 Abner Place NW
3 Palms
Urban Oasis Development
Sims Real Estate Group
Blandtown
Bolton
Scotts Crossing
Upper Westside
Joseph Eichler
Keller Knapp Realty
Midcentury
Midcentury Modern
Midcentury design
Interior Design
Atlanta homes
Atlanta Home Design
Atlanta Homes for Sale
Xmetrical
Will Dodgen
MCM
exterior design
Throwback Design
Junior Media
TikTok
Images
The 3 Palms project’s Abner Place location west of Midtown in the Carver Hills neighborhood. Google Maps
Attractions in the area include Westside Park, Proctor Creek Greenway, and the forthcoming Beltline Northwest Trail. 3 Palms/ Urban Oasis Development/Sims Real Estate Group; via Keller Knapp Realty; designs, Xmetrical
Exterior of the corner unit for sale now, 2107 Abner Place. Photos by Will Dodgen; courtesy of Jarred Bone Real Estate Services
Sample floorplan at 3 Palms. 3 Palms/ Urban Oasis Development/Sims Real Estate Group; via Keller Knapp Realty; designs, Xmetrical
Photos by Will Dodgen; courtesy of Jarred Bone Real Estate Services
Example of an interior courtyard. Photos by Will Dodgen; courtesy of Jarred Bone Real Estate Services
Photos by Will Dodgen; courtesy of Jarred Bone Real Estate Services
Photos by Will Dodgen; courtesy of Jarred Bone Real Estate Services
Photos by Will Dodgen; courtesy of Jarred Bone Real Estate Services
Photos by Will Dodgen; courtesy of Jarred Bone Real Estate Services
Photos by Will Dodgen; courtesy of Jarred Bone Real Estate Services
Photos by Will Dodgen; courtesy of Jarred Bone Real Estate Services
Photos by Will Dodgen; courtesy of Jarred Bone Real Estate Services
Photos by Will Dodgen; courtesy of Jarred Bone Real Estate Services
Photos by Will Dodgen; courtesy of Jarred Bone Real Estate Services
Photos by Will Dodgen; courtesy of Jarred Bone Real Estate Services
Photos by Will Dodgen; courtesy of Jarred Bone Real Estate Services
Photos by Will Dodgen; courtesy of Jarred Bone Real Estate Services
Photos by Will Dodgen; courtesy of Jarred Bone Real Estate Services
Photos by Will Dodgen; courtesy of Jarred Bone Real Estate Services
2107 Abner Place. Photos by Will Dodgen; courtesy of Jarred Bone Real Estate Services
Photos by Will Dodgen; courtesy of Jarred Bone Real Estate Services
How the trio of distinctive new homes claimed an empty corner lot in Carver Hills, west of Atlantic Station Photos by Will Dodgen; courtesy of Jarred Bone Real Estate Services
How the trio of throwback-modern dwellings front Abner Place. 3 Palms/ Urban Oasis Development/Sims Real Estate Group; via Keller Knapp Realty; designs, Xmetrical
The project’s branding in listings. 3 Palms/ Urban Oasis Development/Sims Real Estate Group; via Keller Knapp Realty; designs, Xmetrical
Subtitle
Nodding to midcentury style, 3 Palms called “revolutionary” approach to intown homebuilding
Background Image
Image
Associated Project
3 Palms
Before/After Images
Sponsored Post
Off
Photographer
Will Dodgen/Junior Media
Photographer Link
https://www.junioratl.com/ Read More
Final house at Palm Springs-inspired project reaches market
Josh Green
Mon, 01/27/2025 – 15:21
As one might expect, a row of Joseph Eichler-inspired, eco-conscious houses in the industrial-heavy reaches of northwest Atlanta became a TikTok darling pretty much overnight. And now it’s gunning for sold-out status.
That’s according to Jarred Bone of Keller Knapp Realty, who listed the final available house at the unique 3 Palms infill project last week.
With its 1960s inspirations and net-zero-ready status, 3 Palms has been marketed as “revolutionary” and the “modern Atlanta dream home” since the first of its three dwellings came to market a year ago. The project fronts Abner Place in the Carver Hills neighborhood of Atlanta’s “Upper Westside,” neighboring places such as Blandtown, Bolton, and Scotts Crossing.
“It’s been overwhelming the amount of interest these homes have received from the public,” Bone noted via email this week. “Feedback from buyers and especially real estate agents on 3 Palms has been that these homes are so refreshing.”
The last available home counts three bedrooms and two bathrooms in 1,650 square feet for $575,000—for a breakdown of $348 per square foot.
Exterior of the corner unit for sale now, 2107 Abner Place. Photos by Will Dodgen; courtesy of Jarred Bone Real Estate Services
Photos by Will Dodgen; courtesy of Jarred Bone Real Estate Services
Bone said the house in question was finished and listed last year but pulled from the market as it became clear many buyers were on the fence and waiting to learn the outcome of the 2024 presidential election.
“It seems there is a lot of pent-up demand, with seven showings happening over the weekend,” he said. “So our decision to list in 2025 seems like the right move.”
The 3 Palms project was built by Atlanta-based Urban Oasis Development and designed by the Xmetrical architecture firm, which has active projects dotted across the city.
Each 3 Palms house (no actual palms included) was designed to blur the lines between inside and out by incorporating open courtyards, patios, and a multitude of windows in limited space.
Bold roof lines and ceilings up to 13 feet were also meant to evoke the easy-breezy, livable feel of Palm Springs.
“One of the first buyers at 3 Palms is installing a modern lap pool right now just outside the interior courtyard, and it really completes the midcentury modern vibe,” said Bone. “Maybe the next round [of homes] will all come with lap pools.”
How the trio of distinctive new homes claimed an empty corner lot in Carver Hills, west of Atlantic Station Photos by Will Dodgen; courtesy of Jarred Bone Real Estate Services
Photos by Will Dodgen; courtesy of Jarred Bone Real Estate Services
According to sellers, additional perks of 3 Palms units include built-in cabinetry, rainfall showerheads, and full-home dehumidification. The goal is to achieve low utility bills with features such as high-tech insulation, a hybrid hot water heater, low-flow plumbing, and pre-wiring for solar, a house battery, and an EV charging station.
The middle house at 3 Palms sold prior to completion, Bone previously said. Initial prices were $599,999, and all three homes are the same size.
Per the development team, the properties are the only net-zero-ready homes on the Atlanta market priced less than $1 million right now.
Photos by Will Dodgen; courtesy of Jarred Bone Real Estate Services
Developer Wole Oyenuga, co-principal of Urban Oasis and Sims Real Estate Group CEO, previously told Urbanize Atlanta the goal is to eventually scale up the 3 Palms concept and deliver thousands of similar homes, opening the door “to a new, elevated kind of living” in the vein of Joseph Eichler’s California philosophy.
“I get at least five phone calls a day on these homes,” Bone said, “mainly to tour, but we’ve had lots of requests for Urban Oasis to do a 3 Palms development in Alpharetta, Newnan, or even Florida.”
Find more 3 Palms context and interior photos in the gallery above. And here’s a 3D walkthrough of the final home for sale in the first round.
…
Follow us on social media:
Twitter / Facebook/and now: Instagram
• Bolton news, discussion (Urbanize Atlanta)
Tags
Carver Hills
2115 Abner Place NW
3 Palms
Urban Oasis Development
Sims Real Estate Group
Blandtown
Bolton
Scotts Crossing
Upper Westside
Joseph Eichler
Keller Knapp Realty
Midcentury
Midcentury Modern
Midcentury design
Interior Design
Atlanta homes
Atlanta Home Design
Atlanta Homes for Sale
Xmetrical
Will Dodgen
MCM
exterior design
Throwback Design
Junior Media
TikTok
Images
The 3 Palms project’s Abner Place location west of Midtown in the Carver Hills neighborhood. Google Maps
Attractions in the area include Westside Park, Proctor Creek Greenway, and the forthcoming Beltline Northwest Trail. 3 Palms/ Urban Oasis Development/Sims Real Estate Group; via Keller Knapp Realty; designs, Xmetrical
Exterior of the corner unit for sale now, 2107 Abner Place. Photos by Will Dodgen; courtesy of Jarred Bone Real Estate Services
Sample floorplan at 3 Palms. 3 Palms/ Urban Oasis Development/Sims Real Estate Group; via Keller Knapp Realty; designs, Xmetrical
Photos by Will Dodgen; courtesy of Jarred Bone Real Estate Services
Example of an interior courtyard. Photos by Will Dodgen; courtesy of Jarred Bone Real Estate Services
Photos by Will Dodgen; courtesy of Jarred Bone Real Estate Services
Photos by Will Dodgen; courtesy of Jarred Bone Real Estate Services
Photos by Will Dodgen; courtesy of Jarred Bone Real Estate Services
Photos by Will Dodgen; courtesy of Jarred Bone Real Estate Services
Photos by Will Dodgen; courtesy of Jarred Bone Real Estate Services
Photos by Will Dodgen; courtesy of Jarred Bone Real Estate Services
Photos by Will Dodgen; courtesy of Jarred Bone Real Estate Services
Photos by Will Dodgen; courtesy of Jarred Bone Real Estate Services
Photos by Will Dodgen; courtesy of Jarred Bone Real Estate Services
Photos by Will Dodgen; courtesy of Jarred Bone Real Estate Services
Photos by Will Dodgen; courtesy of Jarred Bone Real Estate Services
Photos by Will Dodgen; courtesy of Jarred Bone Real Estate Services
Photos by Will Dodgen; courtesy of Jarred Bone Real Estate Services
Photos by Will Dodgen; courtesy of Jarred Bone Real Estate Services
2107 Abner Place. Photos by Will Dodgen; courtesy of Jarred Bone Real Estate Services
Photos by Will Dodgen; courtesy of Jarred Bone Real Estate Services
How the trio of distinctive new homes claimed an empty corner lot in Carver Hills, west of Atlantic Station Photos by Will Dodgen; courtesy of Jarred Bone Real Estate Services
How the trio of throwback-modern dwellings front Abner Place. 3 Palms/ Urban Oasis Development/Sims Real Estate Group; via Keller Knapp Realty; designs, Xmetrical
The project’s branding in listings. 3 Palms/ Urban Oasis Development/Sims Real Estate Group; via Keller Knapp Realty; designs, Xmetrical
Subtitle
Nodding to midcentury style, 3 Palms called “revolutionary” approach to intown homebuilding
Background Image
Image
Associated Project
3 Palms
Before/After Images
Sponsored Post
Off
Photographer
Will Dodgen/Junior Media
Photographer Link
https://www.junioratl.com/
The National Observer: How federal real estate decisions could affect CRE sector
The National Observer: How federal real estate decisions could affect CRE sector
We’re looking at the waning fortunes of Florida’s burgeoning status as a startup hub, an insurance group laying off hundreds and the three states in which a major bank is looking to grow. But first, we examine how decisions in the federal government could affect the commercial real estate sector.
We’re looking at the waning fortunes of Florida’s burgeoning status as a startup hub, an insurance group laying off hundreds and the three states in which a major bank is looking to grow. But first, we examine how decisions in the federal government could affect the commercial real estate sector. Read MoreBizjournals.com Feed (2022-04-02 21:43:57)
We’re looking at the waning fortunes of Florida’s burgeoning status as a startup hub, an insurance group laying off hundreds and the three states in which a major bank is looking to grow. But first, we examine how decisions in the federal government could affect the commercial real estate sector.
The National Observer: How federal real estate decisions could affect CRE sector
The National Observer: How federal real estate decisions could affect CRE sector
We’re looking at the waning fortunes of Florida’s burgeoning status as a startup hub, an insurance group laying off hundreds and the three states in which a major bank is looking to grow. But first, we examine how decisions in the federal government could affect the commercial real estate sector.
We’re looking at the waning fortunes of Florida’s burgeoning status as a startup hub, an insurance group laying off hundreds and the three states in which a major bank is looking to grow. But first, we examine how decisions in the federal government could affect the commercial real estate sector. Read MoreBizjournals.com Feed (2019-09-06 17:16:48)
We’re looking at the waning fortunes of Florida’s burgeoning status as a startup hub, an insurance group laying off hundreds and the three states in which a major bank is looking to grow. But first, we examine how decisions in the federal government could affect the commercial real estate sector.
At doorstep of Atlanta’s airport, 7-building project officially a go
At doorstep of Atlanta’s airport, 7-building project officially a go
At doorstep of Atlanta’s airport, 7-building project officially a go
Josh Green
Mon, 01/27/2025 – 13:03
Just a few blocks from parked jets at the world’s busiest airport, a mixed-use project developers hope will continue downtown Hapeville’s revitalization is officially underway.
Charlotte-based developer Terwilliger Pappas Multifamily Partners has broken ground on a sizable apartment community with retail called Solis Hapeville, according to construction company Fortune-Johnson, the project’s general contractor.
Solis Hapeville’s seven residential buildings will rise on an assemblage of parcels along Porsche Avenue, between Hapeville’s artsy commercial core, Porsche’s expanded North American Headquarters, and Hartsfield-Jackson Atlanta International Airport.
The finalized apartment count will be 305 market-rate units spread across the 9.1-acre site, according to Fortune-Johnson.
As shown in 2022, the Solis Hapeville site’s proximity to Porsche’s expanded campus, longer Porsche Experience Center Atlanta track, and the airport. Google Maps
Plans for the Solis Hapeville project’s Porsche Avenue facade.Terwilliger Pappas; designs, Dynamik Design
The seven wood-framed, garden-style buildings at 3558 Elm St. will each stand three or four stories, per plans submitted to Hapeville city officials last year.
The main structure at Solis Hapeville will include about 8,500 square feet of retail spaces fronting Porsche Avenue, plus a clubroom. Another will be crowned with a sky lounge.
The Solis project, as drawn up by Dynamik Design, will also include two ancillary buildings used as standalone parking garages.
Across the property, plans call for 470 parking spaces overall—or 139 more than what Hapeville requires, according to earlier project filings.
Overview of the planned seven-building community. Terwilliger Pappas; designs, Dynamik Design
The Solis Hapeville site plan, with the main building shown at right, and six ancillary residential buildings placed near it. Terwilliger Pappas; designs, Dynamik Design
According to Terwilliger Pappas, the Hapeville project is scheduled to be finished in spring 2026.
Previously, Mill Creek Residential appeared ready to close and break ground on the same property for a 300-unit venture called Modera Hapeville that had earned unanimous approval from the Hapeville Planning Commission. But last year, Mill Creek officials opted to back away, citing constrained capital markets and “unforeseen delays in the acquisition of a key city-owned land parcel” at the site’s corner.
Elsewhere in the metro, Terwilliger Pappas is behind another Solis-branded project in downtown Gainesville, and the residential component of the Parkside on Dresden development (named Solis Dresden Drive) that recently opened in Brookhaven.
The company’s Hapeville endeavor is hardly the only residential project of significant scale in the area.
Other residential developments recently delivered, or in the pipeline, near downtown Hapeville include a 285-unit multifamily project called SCP Hapeville, 68 rental townhomes along main-drag North Central Avenue, and a relatively dense single-family enclave called the Stillwood.
Meanwhile, Texas-based D.R. Horton, the country’s largest homebuilder, is planning to build more than 100 townhomes on another 8.3 acres immediately west of the Solis project.
Also nearby, Porsche completed its $50-million track expansion in 2023; next door to that project, Atlanta Postal Credit Union and Center Parc Credit Union are constructing a new 135,000-square-foot, Class A office headquarters.
Find more context and imagery for Solis Hapeville in the gallery above.
…
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Twitter / Facebook/and now: Instagram
• Hapeville news, discussion (Urbanize Atlanta)
As shown in 2022, the Solis Hapeville site’s proximity to Porsche’s expanded campus, longer Porsche Experience Center Atlanta track, and the airport. Google Maps
Plans for the Solis Hapeville project’s Porsche Avenue facade.Terwilliger Pappas; designs, Dynamik Design
Overview of the planned seven-building community. Terwilliger Pappas; designs, Dynamik Design
The Solis Hapeville site plan, with the main building shown at right, and six ancillary residential buildings placed near it. Terwilliger Pappas; designs, Dynamik Design
How street retail (at bottom) is expected to be worked into plans. Terwilliger Pappas; designs, Dynamik Design
Plans for the small, standalone garages on site. Terwilliger Pappas; designs, Dynamik Design
At doorstep of Atlanta’s airport, 7-building project officially a go
Josh Green
Mon, 01/27/2025 – 13:03
Just a few blocks from parked jets at the world’s busiest airport, a mixed-use project developers hope will continue downtown Hapeville’s revitalization is officially underway.
Charlotte-based developer Terwilliger Pappas Multifamily Partners has broken ground on a sizable apartment community with retail called Solis Hapeville, according to construction company Fortune-Johnson, the project’s general contractor.
Solis Hapeville’s seven residential buildings will rise on an assemblage of parcels along Porsche Avenue, between Hapeville’s artsy commercial core, Porsche’s expanded North American Headquarters, and Hartsfield-Jackson Atlanta International Airport.
The finalized apartment count will be 305 market-rate units spread across the 9.1-acre site, according to Fortune-Johnson.
As shown in 2022, the Solis Hapeville site’s proximity to Porsche’s expanded campus, longer Porsche Experience Center Atlanta track, and the airport. Google Maps
Plans for the Solis Hapeville project’s Porsche Avenue facade.Terwilliger Pappas; designs, Dynamik Design
The seven wood-framed, garden-style buildings at 3558 Elm St. will each stand three or four stories, per plans submitted to Hapeville city officials last year.
The main structure at Solis Hapeville will include about 8,500 square feet of retail spaces fronting Porsche Avenue, plus a clubroom. Another will be crowned with a sky lounge.
The Solis project, as drawn up by Dynamik Design, will also include two ancillary buildings used as standalone parking garages.
Across the property, plans call for 470 parking spaces overall—or 139 more than what Hapeville requires, according to earlier project filings.
Overview of the planned seven-building community. Terwilliger Pappas; designs, Dynamik Design
The Solis Hapeville site plan, with the main building shown at right, and six ancillary residential buildings placed near it. Terwilliger Pappas; designs, Dynamik Design
According to Terwilliger Pappas, the Hapeville project is scheduled to be finished in spring 2026.
Previously, Mill Creek Residential appeared ready to close and break ground on the same property for a 300-unit venture called Modera Hapeville that had earned unanimous approval from the Hapeville Planning Commission. But last year, Mill Creek officials opted to back away, citing constrained capital markets and “unforeseen delays in the acquisition of a key city-owned land parcel” at the site’s corner.
Elsewhere in the metro, Terwilliger Pappas is behind another Solis-branded project in downtown Gainesville, and the residential component of the Parkside on Dresden development (named Solis Dresden Drive) that recently opened in Brookhaven.
The company’s Hapeville endeavor is hardly the only residential project of significant scale in the area.
Other residential developments recently delivered, or in the pipeline, near downtown Hapeville include a 285-unit multifamily project called SCP Hapeville, 68 rental townhomes along main-drag North Central Avenue, and a relatively dense single-family enclave called the Stillwood.
Meanwhile, Texas-based D.R. Horton, the country’s largest homebuilder, is planning to build more than 100 townhomes on another 8.3 acres immediately west of the Solis project.
Also nearby, Porsche completed its $50-million track expansion in 2023; next door to that project, Atlanta Postal Credit Union and Center Parc Credit Union are constructing a new 135,000-square-foot, Class A office headquarters.
Find more context and imagery for Solis Hapeville in the gallery above.
…
Follow us on social media:
Twitter / Facebook/and now: Instagram
• Hapeville news, discussion (Urbanize Atlanta)
Tags
3558 Elm Street
Solis Hapeville
Terwilliger Pappas
Porsche Avenue and Elm Street
Dynamik Design
Kimley Horn
Kimley-Horn & Associates
Atlanta Development
Atlanta Construction
Porsche Experience Center Atlanta
Atlanta apartments
Kimley-Horn
Solis
Coro Realty Advisors
Major & Arroll
D.R. Horton
Terwilliger Pappas Multifamily Partners
Fortune Johnson
Images
As shown in 2022, the Solis Hapeville site’s proximity to Porsche’s expanded campus, longer Porsche Experience Center Atlanta track, and the airport. Google Maps
Plans for the Solis Hapeville project’s Porsche Avenue facade.Terwilliger Pappas; designs, Dynamik Design
Overview of the planned seven-building community. Terwilliger Pappas; designs, Dynamik Design
The Solis Hapeville site plan, with the main building shown at right, and six ancillary residential buildings placed near it. Terwilliger Pappas; designs, Dynamik Design
How street retail (at bottom) is expected to be worked into plans. Terwilliger Pappas; designs, Dynamik Design
Plans for the small, standalone garages on site. Terwilliger Pappas; designs, Dynamik Design
Subtitle
Solis-branded development continues residential influx in downtown Hapeville
Neighborhood
Hapeville
Background Image
Image
Associated Project
Solis Hapeville
Before/After Images
Sponsored Post
Off Read More
At doorstep of Atlanta’s airport, 7-building project officially a go
Josh Green
Mon, 01/27/2025 – 13:03
Just a few blocks from parked jets at the world’s busiest airport, a mixed-use project developers hope will continue downtown Hapeville’s revitalization is officially underway.
Charlotte-based developer Terwilliger Pappas Multifamily Partners has broken ground on a sizable apartment community with retail called Solis Hapeville, according to construction company Fortune-Johnson, the project’s general contractor.
Solis Hapeville’s seven residential buildings will rise on an assemblage of parcels along Porsche Avenue, between Hapeville’s artsy commercial core, Porsche’s expanded North American Headquarters, and Hartsfield-Jackson Atlanta International Airport.
The finalized apartment count will be 305 market-rate units spread across the 9.1-acre site, according to Fortune-Johnson.
As shown in 2022, the Solis Hapeville site’s proximity to Porsche’s expanded campus, longer Porsche Experience Center Atlanta track, and the airport. Google Maps
Plans for the Solis Hapeville project’s Porsche Avenue facade.Terwilliger Pappas; designs, Dynamik Design
The seven wood-framed, garden-style buildings at 3558 Elm St. will each stand three or four stories, per plans submitted to Hapeville city officials last year.
The main structure at Solis Hapeville will include about 8,500 square feet of retail spaces fronting Porsche Avenue, plus a clubroom. Another will be crowned with a sky lounge.
The Solis project, as drawn up by Dynamik Design, will also include two ancillary buildings used as standalone parking garages.
Across the property, plans call for 470 parking spaces overall—or 139 more than what Hapeville requires, according to earlier project filings.
Overview of the planned seven-building community. Terwilliger Pappas; designs, Dynamik Design
The Solis Hapeville site plan, with the main building shown at right, and six ancillary residential buildings placed near it. Terwilliger Pappas; designs, Dynamik Design
According to Terwilliger Pappas, the Hapeville project is scheduled to be finished in spring 2026.
Previously, Mill Creek Residential appeared ready to close and break ground on the same property for a 300-unit venture called Modera Hapeville that had earned unanimous approval from the Hapeville Planning Commission. But last year, Mill Creek officials opted to back away, citing constrained capital markets and “unforeseen delays in the acquisition of a key city-owned land parcel” at the site’s corner.
Elsewhere in the metro, Terwilliger Pappas is behind another Solis-branded project in downtown Gainesville, and the residential component of the Parkside on Dresden development (named Solis Dresden Drive) that recently opened in Brookhaven.
The company’s Hapeville endeavor is hardly the only residential project of significant scale in the area.
Other residential developments recently delivered, or in the pipeline, near downtown Hapeville include a 285-unit multifamily project called SCP Hapeville, 68 rental townhomes along main-drag North Central Avenue, and a relatively dense single-family enclave called the Stillwood.
Meanwhile, Texas-based D.R. Horton, the country’s largest homebuilder, is planning to build more than 100 townhomes on another 8.3 acres immediately west of the Solis project.
Also nearby, Porsche completed its $50-million track expansion in 2023; next door to that project, Atlanta Postal Credit Union and Center Parc Credit Union are constructing a new 135,000-square-foot, Class A office headquarters.
Find more context and imagery for Solis Hapeville in the gallery above.
…
Follow us on social media:
Twitter / Facebook/and now: Instagram
• Hapeville news, discussion (Urbanize Atlanta)
Tags
3558 Elm Street
Solis Hapeville
Terwilliger Pappas
Porsche Avenue and Elm Street
Dynamik Design
Kimley Horn
Kimley-Horn & Associates
Atlanta Development
Atlanta Construction
Porsche Experience Center Atlanta
Atlanta apartments
Kimley-Horn
Solis
Coro Realty Advisors
Major & Arroll
D.R. Horton
Terwilliger Pappas Multifamily Partners
Fortune Johnson
Images
As shown in 2022, the Solis Hapeville site’s proximity to Porsche’s expanded campus, longer Porsche Experience Center Atlanta track, and the airport. Google Maps
Plans for the Solis Hapeville project’s Porsche Avenue facade.Terwilliger Pappas; designs, Dynamik Design
Overview of the planned seven-building community. Terwilliger Pappas; designs, Dynamik Design
The Solis Hapeville site plan, with the main building shown at right, and six ancillary residential buildings placed near it. Terwilliger Pappas; designs, Dynamik Design
How street retail (at bottom) is expected to be worked into plans. Terwilliger Pappas; designs, Dynamik Design
Plans for the small, standalone garages on site. Terwilliger Pappas; designs, Dynamik Design
Subtitle
Solis-branded development continues residential influx in downtown Hapeville
Neighborhood
Hapeville
Background Image
Image
Associated Project
Solis Hapeville
Before/After Images
Sponsored Post
Off
CRE loan modifications create a looming ‘maturity wall’
CRE loan modifications create a looming ‘maturity wall’
Loan modifications and short-term loan extensions have been popular tactics among borrowers and lenders on loans backing properties facing vacancy and value declines since the pandemic.
Loan modifications and short-term loan extensions have been popular tactics among borrowers and lenders on loans backing properties facing vacancy and value declines since the pandemic. Read MoreBizjournals.com Feed (2022-04-02 21:43:57)
Loan modifications and short-term loan extensions have been popular tactics among borrowers and lenders on loans backing properties facing vacancy and value declines since the pandemic.
CRE loan modifications create a looming ‘maturity wall’
CRE loan modifications create a looming ‘maturity wall’
Loan modifications and short-term loan extensions have been popular tactics among borrowers and lenders on loans backing properties facing vacancy and value declines since the pandemic.
Loan modifications and short-term loan extensions have been popular tactics among borrowers and lenders on loans backing properties facing vacancy and value declines since the pandemic. Read MoreBizjournals.com Feed (2019-09-06 17:16:48)
Loan modifications and short-term loan extensions have been popular tactics among borrowers and lenders on loans backing properties facing vacancy and value declines since the pandemic.