The Mansion on Peachtree’s duplex penthouse sold quietly for quite a bit less than the asking price. The property went under contract in May and sold on June 1st. The purchasers paid all cash. The sale was posted on FMLS (First Multiple Listing Service).
The property was originally listed at $10,164,960, then was reduced to $9,513,360 and finally sold for $4,000,000. That’s roughly 60% off the asking price. Regardless, this is a really great sale for the Atlanta condo market. It shows that important properties are being purchased and buyers are ready to take advantage of the market.
If you want to take a look at The Mansion, please contact me. The prices in the building have been reduced and it’s a terrific time to build out your dream home.
What’s for sale at The Mansion?