The Residences at The St. Regis Atlanta in Buckhead is now coming into the home stretch with only 7 units remaining for sale. Since opening in 2009, 43 units have closed at ultra-high prices – the highest per square foot in the city. I’m certain these are some of the most fabulous units in the market, the likes of which we will probably never see. (However, if you do some digging around, you might be able to find some photos of a penthouse, residence 1510 and the 2009 Symphony Show House.) The vast majority of the units sold have been raw space, so buyers are spending even more dollars to build and customize their space, then decorate them on top of that. We are talking some serious cash here.
Total sales in the building since it opened are a whopping $166,749,836 with an average price per square foot of $968. That’s the highest psf for any condo building in town. The Residences also holds the record for four of the highest-priced condo sales in Atlanta, as well as the highest price-per-square foot records.
On August 6th, 2015 Tavistock Group announced they would be raising prices on their final ten homes. That certainly hasn’t stopped buyers from plunking down gobs of cash to get these last remaining units. Lets face it, there isn’t really much left in the way of new construction in Buckhead – or any raw space unless you want to do a major gut job somewhere. This remains true for the near future until we get some new high-end condo projects in Buckhead.
Recently Closed Sales
Residence 2230 | 3,807 square feet, unfinished – listed at $3,102,705, closed at $3,102,705
Residence 2310 | 5,336 square feet, unfinished – listed at $4,348,840, closed at $4,225,000
Residence 1940 | 4,994 square feet, unfinished – listed at $4,070,110, closed at $4,000,000
The seven remaining units are a mixture of finished and unfinished residences, which are $1,065/sf and $815/sf respectively. I have listed those units below, along with floor plans and links to the actual sales listings (for photos and other great information).
Residence 1210 | 4,132 square feet, unfinished – offered at $3,367,580
Residence 1220 | 3,583 square feet, finished – offered at $3,815,895
Residence 1410 | 3,583 square feet, finished – offered at $3,815,895
Residence 1610 | 3,583 square feet, finished – offered at $3,815,895 (This recently completed residence was designed by Stan Topol.)
Residence 1710 | 4,132 square feet, unfinished – offered at $3,367,580
Residence 2010 | 4,132 square feet, finished – offered at $4,400,580 (This recently completed residence was designed by Stan Topol.)
Residence 2140 | 3,807 square feet, unfinished – offered at $3,102,705
The St. Regis Atlanta is a 151-room hotel (with each room featuring custom-designed furniture and five-fixture marble bathrooms), as well as 53 truly special condominium homes encompassing the top 14 floors– all contained in a timeless 26-story Beaux Arts-style high rise in the heart of Buckhead. Each residence is unique, with two-to-five-bedroom floor plans ranging from 3,200 to more than 9,300 square feet.
Click on over to atlantaSKYrise.com to look at all listings available.