Much has been written lately about the pandemic’s impact on metro Atlanta housing and how even bastions of relative affordability like Sandy Springs and Southwest Atlanta are in danger of losing that status, potentially forcing out younger buyers—and the employers who covet them.
Like its neighbor to the north, Doraville, Chamblee has long been a MARTA-connected, ITP refuge for homebuyers priced out of places like Buckhead, Brookhaven, and even Midtown. But could that be changing, too?
Let’s be clear that fun, distinctive, roomy condos can still be found in the historic core of Chamblee in the $200,000s—homes that would cost almost double that in some more centrally located Atlanta places.
But since early 2020, the City of Chamblee has also seen a half-dozen houses sell for more than a million dollars, listing records show.
While not quite that high, one recent deal has blipped the radar in particular: a downtown Chamblee townhome that traded for $853,000. That’s the priciest townhome to sell within Chamblee city limits in recent years—and likely ever.
It’s located at a Cablik Enterprises project called The Bristol, which has risen on a shark-fin-shaped site along Peachtree Road, between the city’s eponymous MARTA station and local attractions such as Moonbird Coffee and Southbound restaurant.
The corner where Peachtree Road meets American Industrial Way. Cablik Enterprises; designs, TSW
High ceilings on the main living level. Atlanta Fine Homes Sotheby's International Realty
Designed by TSW architects, the 17-unit project has 11 different floorplans starting at 1,800 square feet. The record sale in April was, not surprisingly, a rather massive unit of 3,362 square feet with four bedrooms. (Smaller townhomes around 2,000 square feet have sold in the mid-$530,000s.)
The two units listed now without contracts are asking $619,900 for three bedrooms and three and ½ bathrooms in 2,264 square feet. Each option has a full rooftop, and many have fenced yards. Elevator upgrades are optional.
The Bristol's facades today on Peachtree Road in downtown Chamblee. Atlanta Fine Homes Sotheby's International Realty
According to its Atlanta Fine Homes Sotheby's International Realty sales team, the project brings “modern architecture to the nostalgic and historic town.”
It also brings more proof that much of ITP Atlanta is becoming the land of half-million-dollar housing as a starting point.
• The Bristol (Atlanta Fine Homes Sotheby's)
• TV company to remake former GM plant into Georgia's largest 'Studio City' (Urbanize Atlanta)
