Agent: 1.5 years later, dramatic condo to set Cabbagetown record

Fans of inimitable Atlanta buildings and interior design have seen one notable loft after another blip the listings radar at Cabbagetown’s Fulton Cotton Mill Lofts—aka, The Stacks—over the years.

But as first profiled on these pages in May 2022, it's doubtful anyone has seen a Stacks unit quite like this. 

Following seismographic price adjustments, Unit E412 is set to close Dec. 15 for a whopping [CENSORED], marking the highest sale ever at the Cabbagetown adaptive-reuse landmark, according to listing agent Hayden Kelly of Atlanta Fine Homes Sotheby’s International Realty. [UPDATE: 8:24 a.m., Nov. 17: Following publication of this story, the seller asked that the home's specific sales price, as provided by the sales team this week, be withheld until the property closes in mid-December.]

Naturally, that price would mark the most expensive Cabbagetown condo sold in general in recent years—and likely ever—according to Zillow records.

In fact, only a handful of standalone homes have fetched north of $850,000 in the neighborhood, topped by an “enchanting” circa-1920 property with seven total bedrooms that went for $1.25 million just last month.

The overhauled two-story dwelling is the work of renovation pro Alison Victoria, star of certain TV shows we’re not allowed to name. Victoria specializes in transforming long-in-the-tooth historical properties in a certain blustery city where she’s from, and the results are often a striking blend of sexy, restrained modernism and vintage glamour.

Unit E412 at The Stacks is no exception—and it’s clear at a glance that few details weren’t attentively chosen.

Victoria was drawn to Atlanta by friends who live at The Stacks and encouraged her to give the Big Peach a try a few years ago—after which she was sold on the city and the building, according the condo's previous sales reps. 

A pioneering adaptive-reuse project, the 500-unit landmark just east of downtown had originally functioned as a 19th century cotton mill. Transformed into lofts in the 1990s, it withstood a wicked fire in 1999 and a tornado in 2008.

After closing on the two-bedroom, two-bathroom loft in question, Victoria hired a team of local vendors and contractors for her first Atlanta flip. The palette was an 1,856-square-foot unit on the fourth floor—the top level, with views of the complex’s courtyard and iconic water tower—until an extension of the mezzanine brought the space closer to 1,950 square feet.  

The loft underwent a full personality switch, beginning with the walls and ceiling being painted bright white to make the airy space feel even more vast. The original asking price was $899,000 last year—but that soon ticked up to $949,999. 

The iron staircase—a common motif in the building—was reconfigured for more kitchen space, with a blown-glass finial rolled in 24-karat gold leaf added for drama. The kitchen now includes a built-in, peek-a-boo espresso machine and artistic, focal-point range hood.

Victoria took a cramped closet and bathroom in the upstairs primary suite and added a custom, walk-through storage system, oversized shower, and freestanding tub punctuated by aesthetically appropriate brass fixtures.

Back downstairs, a custom banquette flanked by a beefy built-in shelving system adds functionality and flair. Ditto for the towering industrial windows.

“This is a one-of-a-kind home in a one-of-a-kind community full of history, uniqueness, and character, designed by a top designer,” the original sales team told Urbanize Atlanta last year. “She took a loft that was full of potential and made it into a home that's elevated and luxurious, blending it seamlessly with the essence and architectural characteristics of The Stacks."

Find a thorough tour in the gallery above.  

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