Top 10 Sales in Atlanta Residential Real Estate in 2009

Congratulations to the sales associates at Atlanta Fine Homes Sotheby’s International Realty for participating in seven out of the top sales sales in metro Atlanta in 2009! 

Sovereign sells most expensive penthouse in recent history

Sovereign, Buckhead’s iconic building has another feather to add to its cap of successes in 2009.  In December 2009, Sovereign sold a penthouse home for a record closing price $4.2 million…the most expensive condominium home sold in Atlanta’s recent recorded history (according to FMLS records).

This home is one of two true penthouses at Sovereign and, with its location on the 48^th floor, it has the best views in Atlanta. The home features fourteen foot ceilings, four bedrooms, four full and two half baths.  The Atlanta buyers have already begun to customize their floor plan 

Sovereign, located at 3344 Peachtree Street in Buckhead, has many resident amenities including a private resident’s entrance and security, casual and formal entertaining spaces, valet, wine lockers, an outdoor saline pool on the 28^th floor, and three fabulous restaurants in the building:  the Buckhead Club, Pano’s new Bistro Niko and Fresh 2 Order. Additionally, there is a world class art collection curated by Todd Murphy.

Homes at Sovereign are offered from $1 million and begin on the building’s 28th story affording penthouse-like views from all residences. Several decorated models are open daily for showings.

For more information about Sovereign, please Atlanta Fine Homes Sotheby’s International Realty sales associates Burma Weller or Kevin McBride in the onsite sales center at 404.266.3344 or visit sovereignbuckhead.com.

Sovereign has many successes in leasing commercial space

Regent Partners shared its excitement over Sovereign’s super-successful leasing achievements with the Rooster the other day. Regent has leased close to 90-percent of its commercial real estate space at its luxury high-rise in Buckhead, and the success comes at a time when Buckhead faces historically high class A office vacancy rates.

With more than 500,000 square feet and 50 stories, the mixed-used tower on Peachtree Road in Atlanta’s Buckhead district recently welcomed tenants Asset Preservation Advisors, Crescent Wealth Management and the Law Firm of Weinberg, Wheeler, Hudgins, Gunn, & Dial. Together, these tenants represent more than 80,000 square feet of new occupancy. This follows the very successful November opening of Bistro Niko, Buckhead Life Groups’ newest restaurant, located on Peachtree Road in the building’s retail area.

“We are extremely pleased that we are continuing to experience such strong success on both our commercial and residential sides,” said Regent Partners Principal, David Tennery. “When you look at the current realities of the overall Atlanta real estate market, we are truly blessed to be in the position we are in. We worked hard and took considerable risks in order to deliver a project that could make a long-term difference in the community and it would appear that the strategy, combined with significant determination have indeed been well received by the market.”

Sovereign is located at 3344 Peachtree Road in Atlanta’s prestigious Buckhead area. Homes are offered from $1 million and begin on the building’s 26th story affording penthouse-like views from all residences, and a sky terrace with private residential amenities. The exclusive condominium homes range in size from more than 1,700 square feet to more than 10,000 square feet. Several decorated models are open daily for showings.

For more information about Sovereign, please Atlanta Fine Homes Sotheby’s International Realty sales associates Burma Weller or Kevin McBride in the onsite sales center at 404-266-3344 or visit sovereignbuckhead.com.

New energy at Sovereign with opening of restaurants

If you haven’t been to Sovereign lately or if you have never visited, there are lots of new things to see and a whole new energy to experience. The recent opening of Bistro Niko, the Buckhead Life Restaurant Group’s newest addition, has added a new dimension to the ambiance at Sovereign.

Bistro Niko is an exciting new French Bistro offering a lighter modern Parisian version of classic French cuisine. The decor and finishes are spectacular and the menu is fresh and flavorful. Book your reservations for your next event at 404.261.6456 and visit www.buckheadrestaurants.com.

Buckhead Club Dining Room

Sovereign’s homeowners are excited about their newest dining addition to the building which joins The Buckhead Club, a ClubCorp private social and dining establishment www.clubcorp.com, located on the 26th floor of Sovereign.

Also,there is F2O which is open 7 days a week with 3 meals a day to enjoy in the covered outdoor dining patio. www.fresh2order.com.

In addition to the dining options Fifth Third Bank has opened at Sovereign and offers convenient banking for residents and neighbors www.53.com.

Sovereign truly offers the urban living experience with its walkable location and proximity to dining and shopping. If you are out this Holiday Season, stop in and see what you are missing if you haven’t had the opportunity.

Sovereign is located at 3344 Peachtree Road (Map) in Atlanta’s prestigious Buckhead area. Homes are offered from $1 million and begin on the building’s 28th story affording penthouse-like views from all residences, and a sky terrace with private residential amenities. Several decorated models are open daily for showings.

For more information about Sovereign, please contact Atlanta Fine Homes Sotheby’s International Realty sales associates Burma Weller or Kevin McBride in the onsite sales center at 404.266.3344 or visit sovereignbuckhead.com.

Sovereign hosts Neiman Marcus Fall Fashion

 

Sovereign Sales Associates Burma Weller and Kevin McBride are surrounded by Sovereign homeowners, Allen and Kay Salikof

In October, Sovereign hosted Neiman Marcus’ fall fashion.  The evening event of glamour was enjoyed on the amenity levels of the residential section of the building on the 28th and 29th floors. 

 

Neiman Marcus Models at Sovereign

Informal modeling and “light bites” were enjoyed by guests of Neiman Marcus and by the residents of Sovereign.   Cockails were provided by White Birch Vodka.  

Sovereign is located at 3344 Peachtree Road in Atlanta’s prestigious Buckhead area. Homes are offered from $1 million and begin on the building’s 26th story affording penthouse-like views from all residences, and a sky terrace with private residential amenities. The exclusive condominium homes range in size from more than 1,700 square feet to more than 10,000 square feet. Several decorated models are open daily for showings.

For more information about Sovereign, please Atlanta Fine Homes Sotheby’s International Realty sales associates Burma Weller or Kevin McBride in the onsite sales center at 404-266-3344 or visit sovereignbuckhead.com.

3344 Peachtree high-rise, Sovereign, snags top ULI award

Sovereign

With luxury condominiums and top-notch office space, the 50-story high-rise at 3344 Peachtree Road has become a landmark in Buckhead since it opened in May of last year.

The 3344 Peachtree/Sovereign project includes 470,000 square feet of class A office space, 21,000 square feet of retail space, and 82 residential condominiums — ranging in price from $1 million to $7 million.

The mixed-use development, with its curved features, is “iconic architecture and brings a new level of sophistication to the city,” said David Allman, Regent Partners LLC chairman and managing member and president of 3344 Peachtree LLC.

Developed by 3344 Peachtree LLC, the project is this year’s recipient of the Urban Land Institute Atlanta District Council’s Project of the Year.

For more information about Sovereign, please call 404-266-3344 or visit www.sovereignbuckhead.com

Please click here for the Atlanta Business Chronicle article on Sovereign being named the top ULI Award for 2009.

Sovereign offers the best Atlanta panoramic skyline views of the North Georgia mountains, Perimeter, Sandy Springs, Kennesaw Mountain, Vinings, Downtown and Stone Mountain.

Visit our decorated models and on-site sales center at Sovereign at 3344 Peachtree Street in Buckhead. Call Atlanta Fine Homes Sotheby’s International Realty sales associates Kevin McBride or Burma Weller for a tour at 404.266.3344 or visit our web site www.sovereignbuckhead.com to learn more.

Significant Sales in 2009 – Condos/Lofts/Townhomes

In a new blog category called “Significant Sales”, we will celebrate the important transactions in Atlanta residential real estate.

Homes featured in this section will be single family homes sold for more than $3 million or condo/loft/townhomes that have sold over $1 million. These sales will cover the entire Atlanta market, including those sold by agents who are not with our company.

In an effort to “catch up”, we are listing the condos in Atlanta that have sold for more than $1 million since the first of the year. Homes are listed below in descending order by sales price. The information is collected from FMLS.

Click here to see our related post on single family homes that have sold in 2009 over $3 million.

The Mansion on Peachtree

The Mansion on Peachtree in Buckhead sold its penthouse residence in June 2009, with an original list price of over $10 million. Representing the seller is Atlanta Fine Homes Sotheby’s Realty SkyRise Group and Paul Donahue and Suzanne Dils. Representing the buyer was Bridget Rigdon of Coldwell Banker. This sale is believed to be the most expensive sale in the past four or five years.

Luxe in Atlanta's Midtown

Luxe in Midtown sold its penthouse unit in July 2009, with an original list price of $ 1,549,900. Representing the seller is The Marketing Directors and Dan Dought and Michelle Wing. Representing the buyer was Adam Ellis of Harry Norman, REALTORS.

The Astoria in the Peachtree Battle area of Buckhead

The Astoria in the Peachtree Battle area of Buckhead sold a three bedroom residence in March 2009, with an original list price of $ 1,299,900. Representing the buyer was Debbie Sonenshine of Coldwell Banker. Representing the buyer were Robin Tiechert and Jane Thompson of Harry Norman, REALTORS.

Above the Four Seasons in Atlanta's Midtown

On Fourteenth Street in Midtown, a home above the Four Seasons Hotel sold in April, 2009 with an original list price of $1,295,000. Representing the seller was Joanne Mathis of ReMax. The buyer was represented by Dale Arnold of Metro Brokers/GMAC. On this list, this is the only residence that was a resale; the others were new construction. The Mansion on Peachtree was sold as a shell.

 

Although not posted to FMLS, Sovereign in Buckhead has also sold two homes over $1 million in 2009.  Atlanta Fine Homes Sotheby’s International Realty represents Sovereign with Kevin McBride and Burma Weller on site.

New Barbara Westbrook Model at Sovereign in Buckhead

Barbara Westbrook Model ~ Dining Room

Sovereign recently unveiled its newest model home designed by award winning designer Barbara Westbrook of Westbrook Interiors. The furnished home is priced to sell at $3,231,000.

Barbara Westbrook Model ~ Living Room

Inspired by French interior designer, Jean Michael Frank and renowned Belgian collector and antiques dealer, Axel Vervoodt, Westbrook’s model combines cleaned lined upholstery with casual antiques. In addition to the spectacular views, the extensive modern artwork collection provides great focal points throughout the space. The Master bedroom is particularly dramatic with a wall to wall low slung headboard covered in a hot new snake skin fabric mixed with vintage leather pieces. 

A large low sectional fills the study/guest bedroom while the remaining long wall is covered with bookshelves.

Barbara Westbrook Model ~ Master Bedroom

The 4,000 square foot home is located on the building’s 43rd story and includes floor to ceiling windows, 12-foot ceilings, hardwood floors, custom cabinetry and natural stone countertops. The home is fitted with 3 spacious bedrooms with 3 spa-style bathrooms, as well as a den and half bath. It also includes a large living room, formal dining room, and a European-style gourmet kitchen.

Barbara Westbrook Model ~ Kitchen

Westbrook, a native of Virginia, has an extensive background in traditional, transitional and contemporary design that yields interiors that range from casual American to formal English and French modern. She has been featured in numerous publications including House Beautiful, Metropolitan Home, Southern Accents and Atlanta Homes and Lifestyles.

Sovereign

Sovereign is located at 3344 Peachtree Road in Atlanta’s prestigious Buckhead area. Homes are offered from $1 million and begin on the building’s 26th story affording penthouse-like views from all residences, and a sky terrace with private residential amenities.

The exclusive condominium homes range in size from more than 1,700 square feet to more than 10,000 square feet. Several decorated models are open daily for showings.

For more information about Sovereign, please Atlanta Fine Homes Sotheby’s International Realty sales associates Burma Weller or Kevin McBride in the onsite sales center at 404-266-3344 or visit sovereignbuckhead.com.

Buckhead Boutique Designs Sovereign’s Newest Model Home

Living Area in the PIECES model at Sovereign

 Sovereign, the luxury high-rise condominium located at 3344 Peachtree Road/Sovereign in Buckhead, is joining forces with upscale Buckhead boutique, Pieces, to design its newest model home.

Pieces owner Lee Kleinhelter describes the shop’s style as sophisticated yet youthful, stylish and unexpected. Lee’s ability to put eclectic pieces together into a beautiful composition has landed her and Pieces in several national and local press outlets including Elle Décor, House Beautiful, InStyle, Lucky and Architectural Digest.

Kitchen in the PIECES model at Sovereign

The home she has designed is a 2,500 square foot, 2 bedroom, 2 ½ bath condo located on Sovereign’s 33rd floor. Lee says she is excited to bring unexpected items into this luxury high-rise setting. The home has floor to ceiling windows, 11-foot ceilings, hardwood floors, custom cabinetry and natural stone countertops. The space includes a den, large living room, formal dining room and a European-style gourmet kitchen.

Lee commented on the amazing amenities and staff at Sovereign and plans to bring the exceptional lifestyle residents lead into her design.

Sovereign is located at 3344 Peachtree Road in Atlanta’s prestigious Buckhead area. Homes are offered from $1 million and begin on the building’s 26th story affording penthouse-like views from all residences, and a sky terrace with private residential amenities. The exclusive condominium homes range in size from more than 1,700 square feet to more than 10,000 square feet. Three decorated models are open daily for showings.

Living Area in the Pieces Model at Sovereign

For more information about Sovereign, please Atlanta Fine Homes Sotheby’s International Realty sales associates Burma Weller or Kevin McBride in the onsite sales center at 404-266-3344 or visit sovereignbuckhead.com.

Sneak Peek photos of the PIECES model at Sovereign

Kitchen in the PIECES model at Sovereign

Sovereign is pleased to announce the opening of the new model by Pieces.  Here are sneak peak preveiw shots of the model.

Living Area in the PIECES model at SovereignKitchen in the PIECES model at SovereignLiving Area in the Pieces Model at Sovereign

Living Area in the Pieces Model at Sovereign

Pieces, located in the Buckhead district of Atlanta is sophisticated and youthful with a bit of Southern Califnornia or Hamptons style. The space is created to inspire people to see furniture in a different way. It is available not only to interior designers and stylists, but the consumer as well and caters to those all over the country. Pieces is a source for furnishings that are clean lined with a twist, mostly vintage items brought back to life.

Sovereign

Sovereign is located at 3344 Peachtree Road in Atlanta’s prestigious Buckhead area. Homes are offered from $1 million and begin on the building’s 26th story affording penthouse-like views from all residences, and a sky terrace with private residential amenities. The exclusive condominium homes range in size from more than 1,700 square feet to more than 10,000 square feet.  Three decorated models are open daily for showings.

For more information about Sovereign, please Atlanta Fine Homes Sotheby’s International Realty sales associates Burma Weller or Kevin McBride in the onsite sales center at 404-266-3344 or visit sovereignbuckhead.com.