Real Estate News Pricey Condo 1

Published on July 21st, 2016 |

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Atlanta’s most expensive luxury condo hits the market in Buckhead for $7.3 million

A two-level penthouse at The Residences at Mandarin Oriental, Atlanta in Buckhead just gone on the market for $7.3 million — making it the most expensive luxury condo listed in the city, according to a report by the Atlanta Business Chronicle.

Part of the floor plan designs worked up by Harrison Designs for the penthouse condo that has 360-degree views of Atlanta.

Part of the floor plan designs worked up by Harrison Designs for the penthouse condo that has 360-degree views of Atlanta.

The fully customizable unfinished unit is nearly 10,000 square feet, also making it the largest high-rise condominium home currently offered for sale in Atlanta, according to New York-based iStar Inc. (NYSE: STAR) and Atlanta-based KORA Real Estate Group (KORA).

“The penthouse is offered as an unfinished space so the owner can create a custom home that meets their every desire,” the companies said.

Harrison Design’s Modern Studio, led by Robert Tretsch, was engaged to create a suggested floorplan featuring all the luxuries of a high-end home, including four bedrooms, a fitness room, music room, library, catering kitchen with state-of-the-art appliances and a spiral staircase.

“Located atop Mandarin Oriental, Atlanta, the penthouse boasts large open spaces and sweeping 360-degree views of the city,” according to the ABC article.

Luxury condo specialist Karen Rodriguez told the ABC the home also comes with the personal services associated with a high-end, five-star hotel brand, “making it a unique find in the Atlanta market.”

The homeowner has access to Mandarin Oriental’s amenities including 24-hour room service, personal drivers and shoppers, keyless fingerprint entry and private elevators and entrances separate from the hotel.

KORA generated more than $45 million in sales at the luxury high-rise, including some of the highest priced residential real estate closings in Atlanta last year according to the ABC story.

(To read the Business Chronicle story, click here.)

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