Community spotlight: The Reserve at City Park
The homeowner: The Reserve at City Park puts buyers like Derek Dobson near recreational amenities, restaurants and shopping in trendy Buckhead. The new three- and four-story townhomes are just off Peachtree Street, right before Buckhead becomes Midtown. Dobson and his girlfriend, Jana Wolf, can walk out of their townhome and onto trails on the Beltline, a planned 22-mile trail around Atlanta's urban core. "It's pretty awesome," said Dobson, 27, who works for Ernst & Young in downtown Atlanta. "My commute to work is pretty short. I go right out to Peachtree and shoot out Spring Street and I'm at work in seven, 10 minutes." Peachtree Street restaurants such as Mellow Mushroom and El Azteca Mexican Restaurant also are within walking distance. Single-family homes, townhomes and condos on 26th Street near The Reserve create more of a neighborhood feel than communities situated on busy roadways such as Peachtree Street or Buford Highway, Dobson said. After searching for townhomes and condos in Buckhead and Brookhaven, Dobson was relieved to find lower homeowners association fees, which were $170 a month, compared with condos where fees ranged from $300 to $400 a month. Dobson purchased a $318,000 townhome with granite countertops in the kitchen and bathrooms, and 10-foot ceilings. "I thought The Reserve at City Park was the best value in terms of location," he said.
The Reserve at City Park
County: Fulton
Information: 404-788-3565, www.acadiahomes.us
Price range: $270,000s-$300,000s
Taxes: About $4,800 a year
Homes: 49
Style: Old-world-style townhomes with brick and stone exteriors
Square footage range: 1,806-1,866
Standard features: One- and two-car garages, granite countertops in the kitchen and bath, hardwood floors
Homeowners fees: $170 per month ($500 initiation fee)
Developer/builder: Acadia Homes
Schools: E. Rivers Elementary, Sutton Middle, North Atlanta High
More on schools: schools.ajchomefinder.com
Getting there
Take Peachtree Street from downtown Atlanta to 26th Street. Turn left on 26th Street. Continue to The Reserve at City Park.
For sale right now
$350,000: 305 Goodson Lane, Atlanta 30309. A new two-bedroom, two-and-a-half-bath end unit townhome with KitchenAid appliances and a glass backsplash in the kitchen.
$294,900: 309 Goodson Lane, Atlanta 30309. A new three-bedroom, two-and-a-half-bath townhome with room for an office or additional closet in the master suite.
Housing trends in ZIP code 30309
Sales of new homes: 112, up 87 percent
Sales of existing homes: 355, down 11 percent
Median price of new homes: $329,950, down 6 percent
Median price of existing homes: $207,000, down 10 percent
Source: AJC’s Metro Home Sales Report, 2009 data
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