The new year is off to a bang with the December closing of Sovereign’s penthouse 4801. The 9,572 (combined interior and exterior) square foot space closed at $4,200,000 ($535 psf - based on interior square footage) This is the highest priced condo sale in the building so far, but definitely not the highest priced closed sale in Atlanta.

The unit is raw space, so the buyers have every opportunity to design their dream home, with the build-out managed by Regent Partners. The penthouse is one of two true penthouse units in the building and are the highest residences in Atlanta. The penthouse was initially offered at $7,480,000

See my original blog post on the penthouse here.

Some examples of floor plans for Penthouse A & B can be found in a previous post

Penthouse A - Unit 4801A
Floor 48
7,853 average interior square feet
1,719 average terrace square feet
$952 per square foot
Current state: raw space
Offer Price: $7,480,000

Bistro Niko opened on November 5th at the base of Sovereign, the luxury condominium building with prices start at $1,000,000. Trying a new restaurant the first week it opens is always challenging, but I thought I would give it a try. Bistro Niko did not disappoint in service, interior design or the quality of food which was being served. I’m a tough foodie to impress and I don’t have much patience for bad service or so-so food. Read the rest of this entry

The secondary penthouse at Sovereign went under contract on October 1st and is set to close the first week or two in December. It should be interesting to see what the final sales price will be. In any case, it will be a substantial closing for the Atlanta condo market.

The single level penthouse has 7,853 square feet inside and 1,719 square feet of covered terraces, so there is a tremendous amount of space to configure. Any guesses on what it will close at? I have a number in mind, but it isn’t at $952 per square foot. However, I imagine it will be more than the Mansion’s duplex penthouse sale, which closed at $4,000,000. The Sovereign penthouse was offered at a list price of $7,480,000.

See my original blog post on the penthouse here.

Some examples of floor plans for Penthouse A & B can be found in a previous post

I’m sure many of you are curious about one of the best penthouses in the city. It happens to be located at Sovereign in Buckhead. A couple weeks ago, we took a look at the secondary penthouse - which was amazing. This penthouse has something extra special to offer the buyer - a 50th floor optional pool.

With 11,385 square feet inside and 1,387 square feet of terrace, your architect and interior designer will help you figure out the space. This unit has 14′ ceilings and spans two stories of this marquis building. If you are looking for the “wow” factor, this penthouse is a must have. Read the rest of this entry