Windy City star's Atlanta project is back—with $225K discount

Could the third time (at least) be a charm in Cabbagetown?

Studded with antique touches and upscale modern finishes, this overhauled two-story dwelling at Cabbagetown’s Fulton Cotton Mill Lofts—aka, The Stacks—is the work of renovation pro Alison Victoria, star of certain TV shows we’re not allowed to name.

If it looks familiar, Unit E412 has graced the cover of House Beautiful, been featured in People magazine, and is no stranger to national television, according to Compass agent Sherry Ajluni, who reps the current listing. 

It’s also much less expensive than it used to be, asking $725,000, as posted six days ago. 

After closing on the two-bedroom, two-bathroom loft in question, Victoria hired a team of local vendors and contractors for this, 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, per earlier sales teams. (The current listing, however, shows the initial square footage.) 

The original asking price in May 2022 was $899,000—but that soon ticked up to $949,999. 

An agent reached out a year and ½ later to say the home was under contract and ready to set an unspecified Cabbagetown record, but by all indications that sale failed to materialize. (Records indicate the property last traded in December 2020 for $490,000.)  

In any case, the loft underwent a full personality switch, beginning with the walls and ceiling being painted bright white to make the space feel airer. (Of hundreds of Stacks listings to blip the radar over the years, there’s frankly never been one quite like this.) 

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, oversize shower, and freestanding tub punctuated by aesthetically appropriate brass fixtures. Other design highlights upstairs include French oak barn doors for privacy that are nearly 200 years old, per Compass. 

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

A pioneering adaptive-reuse project, the 500-unit landmark building 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, proving again they don’t build ’em like this anymore.

Victoria specializes in transforming long-in-the-tooth historical properties into a striking blend of sexy, restrained modernism and vintage glamour. She 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. 

The current listing describes the offering as an “extraordinary opportunity to live in exquisite luxury in an unforgettable home” in one of Atlanta most distinctively historic buildings. Will a buyer bite this time? Only time will tell. 

Find a quick tour of this dramatic Stacks redo in the gallery above.  

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