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Reynoldstown duplex project undergoes major price slices (atlanta.urbanize.city)

submitted 21 hours ago by UrbanizeAtlNewsBot@yall.theatl.social to c/atlantanews@yall.theatl.social

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Reynoldstown duplex project undergoes major price slices Josh Green Mon, 10/21/2024 - 12:48 A duplex project that, in several ways, is emblematic of Reynoldstown's infill residential trends in recent years is renewing its long quest to land homebuyers, following significant price adjustments.

Once marketed as the “epitome of luxury living in Reynoldstown,” the duplexes make a three-story statement where Reynoldstown meets Edgewood. They initially came to market in the spring, priced at $1.32 million, which would have set the neighborhood record for private home sales.

Both units were re-listed Friday for $221,000 less at $1.09 million—an 18 percent asking price decrease.

The corner in question is the northwest quadrant of the intersection where Moreland Avenue meets Boulevard Drive and Hosea Williams Boulevard, a few blocks south of Little Five Points.

The area’s been flush with new modern-style townhomes and duplexes for more than a decade, but with their trendy black-meets-stained-wood aesthetic and sprawling rooftop hangouts, the three-level A and B options at 10 Moreland Ave. do stand out. (Larger duplex units on nearby Cleveland Street have listed for a little more than the initial prices on Moreland Avenue—$1.35 million—with one of them under contract.)

The corner's previous state in 2021 as two neighboring 1920s bungalows came to market. Both have since been replaced with large, modern-style duplexes. Josh Green/Urbanize Atlanta

How the two three-level, semi-detached units replaced a vacant bungalow where Boulevard Drive meets Moreland Avenue. Photos by 3CL Photography; courtesy of Coldwell Banker Realty

Designed by Rawlings Design architects and built by Kimball Homes, each unit includes five bedrooms and four and ½ bathrooms in 2,713 square feet, with two-car garages.

Both offerings are flush with outdoor hangout spaces, counting four patios and balconies, including a screened porch and kitchen on the roof. Other perks include a chef’s kitchen with quartz countertops and Brighton tech, five-inch wood flooring throughout, programmable Lutron dimmers, and a flex-space bedroom on the base level, per listings.

Previously, two 1920s bungalows had stood at the corner; by 2021, when both properties came to market, those houses had been shuttered and graffiti-strewn for a couple of years.

The location carries a strong 88 Walk Score, while the Bike Score (65) and Transit Score (60) could be called surprisingly low, given the area’s alternate transportation options and Beltline proximity.

According to listings, the open floorplan "seamlessly blends contemporary design with timeless charm." Photos by 3CL Photography; courtesy of Coldwell Banker Realty

Photos by 3CL Photography; courtesy of Coldwell Banker Realty

Directly across the street is One Moreland, a restored commercial building that’s home to Whoopsie’s restaurant (formerly Hodgepodge Coffeehouse), Feminine Funk, Cutters Lounge, and Project: Body ATL.

The section of the Beltline's Eastside Trail that includes Breaker Breaker restaurant is about a half-dozen blocks to the west.

Swing up to the gallery for a closer look.

Location of the duplex project where Moreland Avenue meets Boulevard Drive. Google Maps