At Cabbagetown’s Stacks lofts, an O.G. in Atlanta’s repertoire of adaptive-reuse success stories, we find a towering condo on the market this week where the “one-of-kind” listing description most certainly applies.
Nicknamed The Tower, this top-floor unit is distinguished by ceilings in the living room that soar to an unheard-of 71 feet, showcasing massive timber beams and brick still blackened in places by a fire long ago.
Located in a building at the former Fulton Bag and Cotton Mills that dates to 1885 (the oldest on site), Unit H523 has been popular as a rental with Hollywood pros in Atlanta for TV and movie productions, and the vertical proportions certainly impress. The tower's walls create a main living space 25-by-25 feet wide, with huge arched windows perched about 40 above.
It’s asking $789,000, or about $450 per square foot. Jared Sapp, an agent with Atlanta Fine Homes Sotheby's International Realty, holds the listing.
As is, that price buys just one bedroom and a single bathroom in 1,750 square feet. And according to listing services, no other condo in Cabbagetown has fetched more than $600,000 in recent years.
Beyond the beautifully decayed brick and arched portals, the loft counts a sleek galley kitchen that was gutted and redone by Joel Kelly Design, with a nine-foot-tall pantry space. The general sturdiness continues in the “spa-inspired” bathroom, where the concrete sink is paired with travertine tile and an array of showerheads around the soaking tub.
The property’s dynamite 88 Walk Score is a plus, while the one assigned parking space could be a hindrance for a couple, small family, or intown socialites. Another number to consider: HOA fees listed as $415 monthly.
The last time this particular unit came to market (for $4,000 less, a few months into the COVID-19 pandemic) owner Brandon Sutton told Atlanta magazine that plans have suggested building up into the brick tower could increase the condo’s footprint by about 1,200 square feet, adding a bedroom, bathroom, and penthouse-like observatory for spying Atlanta in all directions.
To all you interior design and architecture pros out there: Any ballpark on what building out a tower like this might cost, on top of the purchase price?
For a better guess, see more property highlights in the gallery above.
• 170 Boulevard SE, Unit H523 (Atlanta Fine Homes Sotheby's)