UPDATE :: THIS PROPERTY HAS RECENTLY BEEN REDUCED BY OVER 9% TO $634,000.00

The Peters Company has one of the premier foreclosure properties in all of Buckhead value priced at $700,000.  Park Place on Peachtree is known for luxury and has been a part of the Buckhead landscape for over twenty years.  This immaculate bank owned condo delivers in every sense of the word luxury.  The home is located on the 27th floor with views looking south on Peachtree Road and encompassing the beautiful and historic Stone Mountain and the downtown Atlanta skyline.  Many in Atlanta know this area of Peachtree Road as “Church Row” with Second-Ponce de Leon Baptist Church, Christ the King Catholic Church, and St. Philip’s Cathedral next door or across the street.  These three beautiful churches are well established beacons of Buckhead. 

Click here for the first page of the flyer, and click here for the second page of the flyer.

You really have to see the condition of this classic Buckhead beauty to appreciate the value.  The rich parquet floors and columned foyer await you and give way to the freshly carpeted main living room complete with upgraded track lighting, built-ins, wet bar and wide panning views.  Step out on your wraparound balcony and marvel at the most scenic views of the city you have ever seen.  The separate dining room gives you more than enough room for a large dinner party.  The kitchen has been upgraded to include granite countertops and backsplash as well as custom cabinets, custom paneled Sub Zero refrigerator and dishwasher, and stainless oven.  You will also enjoy the two pantries and the breakfast area in the kitchen, giving you another brilliant view of Downtown Atlanta.  Wake up to the Atlanta skyline!  The Master suite is an expansive private retreat with it’s own balcony, draped by custom window treatments.  The Master bath has room for two with granite topped double vanities, separate jetted tub with granite surround and paired with a tiled shower.  You will have more than enough room for two wardrobes and storage in this oversized Master closet.  The secondary bedroom boasts the same unforgettable skyline view and includes balcony access and two closets.  The secondary bathroom is far from typical with granite topped double vanities and tiled tub/shower combination.

The building amenities include a fitness center with steam room, sauna, and heated swimming pool.  The temperature controlled wine cellar makes for a welcomed collection or casual convenience.  In addition, your visitors can enjoy a private guest suite, and even your vehicle is pampered thanks to three levels of underground parking.

Andy and Lesley Peters with The Peters Company at Keller Williams Realty Peachtree Road are well versed in luxury Buckhead Atlanta real estate.  We represent both buyers and sellers, and we are intimately familiar with the Buckhead Atlanta foreclosure and short sale market.  For more information about The Peters Company, visit our website at www.thepeterscompany.com.  You’ll also find us on Kudzu.com where we have received well over 40 5-star reviews and are ranked as one of Atlanta’s highest rated real estate teams.  We look forward to working with you and helping you take advantage of today’s market!

What a pleasure it is to represent Atlanta luxury properties such as this, a once in a year type value in the highly desirable Park Place on Peachtree building in the heart of Buckhead.  We put this Buckhead luxury condo home on the market on Thursday of last week, and the activity is enormous.  The condo is being sold fully furnished with contemporary home furnishings and top of the line electronics, and it’s priced below market value for easy sale.  Seriously, don’t let this one pass you by if you are in the market for a beautiful Buckhead condominium home!  Call Andy for an easy showing at 770-634-2782 or email me at andy@thepeterscompany.com.

 Built in 1987, Park Place on Peachtree is forty stories of Buckhead living at its finest.  The building is built for opulence and exemplary service.  You will appreciate the valet and concierge greeting you upon your arrival.  Take the elevator to the 27^th floor, and step into your fully furnished luxury home.  All existing furnishings, fixtures, appliances, electronics, window treatments, and wall decor remain with the home.  The rich parquet floors and columned foyer await you and give way to the freshly carpeted main living room complete with upgraded track lighting, built-ins, wet bar and wide panning views from Stone Mountain to Downtown.  Step out on your wraparound balcony and marvel at the most beautiful views of the city you have ever seen.  The separate dining room gives you more than enough room for a large dinner party.  The kitchen has been upgraded to include granite countertops and backsplash as well as custom cabinets, custom paneled Sub Zero refrigerator and dishwasher, and stainless oven.  You will also enjoy the two pantries and the breakfast area in the kitchen, giving you another brilliant view of Downtown Atlanta.  Wake up to the Atlanta skyline!  The Master suite is an expansive private retreat with it’s own balcony, draped by custom window treatments.  The Master bath has room for two with granite topped double vanities, separate jetted tub with granite surround and paired with a tiled shower.  You will have more than enough room for two wardrobes and storage in this oversized Master closet.  The secondary bedroom boasts the same unforgettable skyline view and includes balcony access and two closets.  The secondary bathroom is far from typical with granite topped double vanities and tiled tub/shower combination.

The building amenities include a fitness center with steam room, sauna, and heated swimming pool.  The temperature controlled wine cellar makes for a welcomed collection or casual convenience.  In addition, your visitors can enjoy a private guest suite, and even your vehicle is pampered thanks to three levels of underground parking.

This is truly a must see home, and it will be an effortless move for you.

Are you looking for value in one of Atlanta’s finest Buckhead neighborhoods?  How about a larger home in Buckhead you can live in for a long time that doesn’t need work?  Look no further.  With the Atlanta real estate market in a valley at the moment, it’s deals like this that are going to make you glad you bought when you did.  This home is beautifully renovated and move in ready.  You will not find a better home for your dollar in Atlanta’s Haynes Manor, one of Buckhead’s most beloved neighborhoods.  This home is located directly across the street from Bobby Jones Golf Course.  You must see the inside because the 5-bedroom space is deceiving from the road.  All the systems are less than five years old, and there are too many upgrades to mention.  If you aren’t familiar with Haynes Manor, we would love to tell you more about this beautiful and historic Atlanta neighborhood.  Contact Andy at 770-634-2782 or andy@thepeterscompany.com for easy appointment to show.  You’ll be glad you did!

We are blessed to intimately know many diverse areas of Atlanta, including inside the perimeter from Downtown north and the outer arc of DeKalb, North Fulton, and Gwinnett Counties. There is perhaps no market we know better than the Buckhead/Brookhaven market. Lesley and I have been fortunate to help buyers and sellers here for years. We have fortunately seen the rise, and unfortunately we have seen the fall. Isn’t that the case everywhere, and won’t it always be the case? The answer is certainly yes, and while the popularity of intown Atlanta’s Brookhaven sustained and sheltered property values for an extended amount of time, it has, like all the other areas, given way to the market. Having shown property in Brookhaven quite a bit recently, there are areas which were historically high flyers that are now prime for the picking for the first time homebuyer again. Ashford Park, the babydoll on the eastside of Brookhaven, has some unbelievable deals right now. As of today, there are 100 active listings in Ashford Park, and I don’t think I’m going out on a limb here by saying that you can get what you want for the price you want. New construction infill became “the way” of the neighborhood several years ago, and now that the market has softened there are some amazing new homes available at a mere fraction of their original list prices. Drew Valley, which is the across the street neighbor to Ashford Park, has even better values. For years Brookhaven home values grew in double digits to the point that prices really grew out of the first time homebuyer’s wheelhouse price range. With values being down 10% or more over last year, the first time homebuyer is coming back to the area! Personally, I think that’s a great thing. The first time homebuyer brings a lot of energy into the community. They renovate houses. They spend money. They make the area better. What goes up must come down, and that has been the case with the real estate market time and time again, but buying real estate in desirable areas like Brookhaven never goes out of style.

First time homebuyers, you already know this, but I would be remiss if I didn’t mention it time and time again. The goverment is giving away $8,000 in tax credit through December 1st of this year. There are special stipulations so contact us for details. In addition, these are the lowest interst rates on record in over 30 years, and a glut of inventory gives you the pick of the litter. Smart buying decisions right now will translate into money in your pocket in the future. For more information on the Buckhead/Brookhaven area or if we can help you in any of the other areas of Atlanta, please contact us via email at andy@thepeterscompany.com or via the “contact us” page on our website. We would love to help you maximize your opportunity in this market.

photo courtesy of BrookhavenGardens.com

Brookhaven Gardens is a small residential neighborhood in the incredibly popular and fast growing Brookhaven community of DeKalb County in intown Atlanta.  The neighborhood, originally constructed in the late 1990’s, is home to a variety of floorplans and size homes.  You will find the small neighborhood tucked away within the larger Brookhaven Fields community and adjacent to the even larger Drew Valley community. 

Highlights of the neighborhood include an active Homeowners Association, which acts indepently and also participates within the larger Brookhaven Fields Civic Association.  Each year in the fall, Brookhaven Gardens organizes a block party filled with great food courtesy of the neighbors, karaoke machines, pony rides, visits from the local police and fire departments giving tours of police cars and fire engines, football on TV, and other surprises.  In addition, Brookhaven Gardens participates in the annual Brookhaven Fields Yard Sale, an event that grows every year and one that you should give serious consideration to attending if you have never seen it.  It’s the largest organized yard sale I’ve ever seen in Atlanta.

Perhaps one of Brookhaven Gardens’ best features is also the area’s best kept secret, a small fountain filled pond, home to at least 10 beautiful and friendly ducks.  Neighbors sometimes pause for a humorous duck crossing in the street, and many are found feeding the neighborhood “pets” from their waterside decks.  The community is built around the pond, and a waterfront gazebo is a welcoming spot for visitors to feed the ducks or enjoy the sounds of the fountain.

The quiet community is a refreshing suburban setting within 1 mile of the hustle and bustle of Buckhead.  The homes within Brookhaven Gardens are still considered an exceptional value given their size.  When compared to new construction in the area, an objective buyer will quickly see that these spacious homes, priced in the $500,000+ range, are undervalued.  My wife and I lived within half of a mile of this neighborhood in Ashford Park for many years, and we never even knew Brookhaven Gardens existed until we began looking for larger affordable housing in the area.  We love Brookhaven, and we were willing to sacrifice space in order to stay in the area.  Thanks to this neighborhood, we didn’t have to do that.  We moved into Brookhaven Gardens almost 2 years ago, and our home is much bigger than we thought we would find.  We have thoroughly enjoyed our time here, and the location is to die for.  Nowadays, I’m surprised the word is not out about this great neighborhood.  Of course, the homeowners of Brookhaven Gardens would just assume you not know about their little secret.  That’s what makes it special.

Congratulations to Jennifer! Jennifer is a first-time homebuyer that was tired of renting and looking for a good deal. With a vast amount of condo inventory, interest rates to die for, and an EXCELLENT price – Jennifer didn’t just find a deal but a STEAL! She bought a beautiful condo in the heart of Buckhead that is her VERY OWN. If you are looking to take advantage of low interest rates and rock bottom pricing – give us a call today. It’s an excellent market for first-timers. We may not see rates and prices this low again. Join Jennifer in saying “bye-bye” to rent and “hello” to equity!!!

Lesley and I had the pleasure of working with Ravi and Satya as they sought a new home in the Sarah Smith school district in Buckhead after relocating from Chicago earlier in the year.  We closed earlier today.  Ravi and Satya were referrals from past clients, Eric and Joyce, and we loved working with them. 

We were able to find Ravi and Satya a beautiful home in the Wieuca Trace neighborhood at a great price, and I think Lesley and I are just as excited as they are about the find.  Thank you again to Ravi and Satya for giving us an opportunity to help!  We are looking forward to the house warming party!

Streets of Buckhead soon to include new hotel, office building, retail space

By Kevin Duffy, The Atlanta Journal-Constitution McClatchy-Tribune Regional News Sep. 26–The Streets of Buckhead project is expanding across Peachtree Road to include the site of the old Three Dollar Cafe and adjoining land. Ben Carter Properties and Barry Hotel Partners announced Tuesday plans to build a Hotel Monaco, a Class A office building and 55,000 square feet of retail and restaurant space on 2 acres at the Pharr Road intersection. Ben Carter said the hotel will cater to business people and families, and it won’t be exceedingly trendy or expensive. Construction is expected to begin next year and wrap up in 2010. The bulk of the Streets of Buckhead project is on the other side of Peachtree Road , where demolition has been under way for a while. The additional land means the development has grown to nine blocks. A few years ago, the development site was the city’s No. 1 party scene. But after outbreaks of violence, the city cracked down, making arrests and forcing bars to close earlier. Businesses suffered and became ripe for purchase. Hotel Monaco is Streets of Buckhead’s second confirmed hotel.  Barry Hotel also is developing 1 Hotel and Residences, which will include 48 condos. A third hotel, an “ultra-luxury” international brand with about 100 rooms and 42 condos, will be announced soon, Ben Carter said. Plans for a Paces Plaza Hotel and Residences have been scrapped. Hotel Monaco is part of the San Francisco-based Kimpton Hotels & Restaurants. Ben Carter is under contract to buy the additional land for the project from Brad Bradshaw and plans to sell the hotel portion to Barry. Carter said acquisition and development of the additional acreage will cost roughly $250 million. Investment in the entire Streets of Buckhead development is expected to top $1 billion. That includes construction of about 350 luxury apartments by Wood Partners.

Streets of Buckhead plans also call for 80 high-end retailers. A new one was announced Tuesday — Loro Piana, which sells clothing and accessories.