Flaunting fourth-story hangouts with panoramic views from Midtown to Mercedes-Benz Stadium, a townhome project has started delivering near downtown that aims to set a new pricing benchmark for the area.

Called Walnut Hill Heights, the project is located at 585 Parsons St. in Atlanta University Center blocks just south of Vine City, between Clark Atlanta University’s campus to the west and Castleberry Hill to the east. It’s claiming what had been a vacant lot and older, multiunit housing structure.

Three modern-style townhomes constituting the first of two phases started coming to market this week, each priced at $700,000, plus monthly HOA fees of $275. 

That buys three bedrooms and three and ½ bathrooms across 2,254 square feet—for a breakdown of $310 per square foot.

How the first phase of Walnut Hill Heights meets the corner of Parsons and Walnut streets. Sellers note the fence is temporary and will soon be replaced with an automatic gate. Photos by James Hicks Photography, via Pro Realty

Photos by James Hicks Photography, via Pro Realty

The four-story townhomes mark the only housing options in the area immediately southwest of downtown with price tags of $700,000 or higher right now, though some lofts in nearby Castleberry Hill have traded for much more.

The Walnut Hill Heights residences are marketed as being “perfect for homebuyers or investors,” and listing agent Camille Gonzales of Pro Realty tells Urbanize Atlanta all units are available for use as short-term rentals through services such as Airbnb.

Beyond proximity to AUC, The Benz, and other downtown attractions, perks of the gated community are marketed as being large two-car garages, oversized “statement windows” for natural light, roommate floorplans, two laundry rooms, and low-maintenance landscaping.

Photos by James Hicks Photography, via Pro Realty

Photos by James Hicks Photography, via Pro Realty

According to Pro Realty, multiple financing and grant options are available for the right buyers.

In the gallery above, find more Walnut Hill Heights context and a quick property tour.


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