Here’s proof that standalone new houses priced squarely in the $200,000s haven’t gone totally extinct in ITP Atlanta.

Situated due west of Midtown and Georgia Tech, residential infill project Cottages of Carey Park has come to marked in recent weeks with new homes priced from the low $200,000s to low $400,000s. 

Designed by Kronberg U+A architects and built by Fortas Homes, the community’s broader goal is to offer relatively attainable, low-maintenance, for-sale housing options for everyone from young professionals to budding families and retirees—no strings attached, according to listing agent Taryn Bell of Bell Liberty Group.  

The Cottages are offering $40,000 in down payment assistance from City of Atlanta coffers, $7,000 in closing costs, and 100 percent financing for qualified buyers. Perks of the location are listed as Westside Park (two miles), Westside Motor Lounge/Guardian Works (five miles), along with quick access to mixed-use offerings such as Chattahoochee Food Works and Westside Paper. 

Example of Cottages of Carey Park facades. Cottages of Carey Park/Curb Appeal Photography; courtesy of Bell Liberty Group

Cottages of Carey Park

But what’s the catch? None, says Bell. (Unless the $50 HOA fee per year is a sticking point.) 

“The development is not investor-friendly and is for owner-occupancy only,” Bell tells Urbanize Atlanta. “We did this in order to protect the integrity of the development and the community. The flip side is that because we are not selling to investors, sales have been slow.” 

Each house (plus one duplex) at the moment is built with Hardie Plank siding, porches, and interior perks such as granite countertops. Of 10 homes built in the initial phase, Bell says two have closed to date. All are move-in ready. 

Those range from a $215,000 offering at 1088 Wedgewood Drive with one bedroom and one bathroom in 640 square feet, up to the largest option: Three bedrooms and two and ½ bathrooms in 1,550 square feet, which was priced at $405,000 but has sold. 

Exterior of the least expensive Cottages option listed to date ($215,000). Cottages of Carey Park/Curb Appeal Photography; courtesy of Bell Liberty Group

Site plan for delivered units at Cottages of Carey Park to date. Cottages of Carey Park

Overall the project is described as a “forward-thinking, fee-simple residential development bringing high-quality, energy-efficient homes to the heart of Atlanta.”

Head up to the gallery for more images and context. 

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