Sovereign’s activity has been picking up lately and buyers seem to really love the G plan. There are only two available in the building, including the model home I’m showing you here. This spectacular home features two bedrooms, 2 full baths, 1 half bath, a den and a very large terrace with stunning views. The home is tastefully decorated and can easily accommodate additional pieces of furniture. With 3,000 + square feet it’s a very large two bedroom home in the sky. Pictured above is the formal foyer entry with dark hardwood floors and 10 foot high ceilings. Below I’m showing where the you’ll be living in the building. Click Here for More Photos & the Rest of the Feature

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This is the downtown view taken from the living room terrace of my penthouse listing at The Peachtree Residences. You can click the photo in the sidebar for more pictures and a floor plan.

Just this afternoon Cousins has closed the very last of the developer units at 10 Terminus Place (in one of the most challenging real estate markets). A couple weeks ago, Cousins CEO Larry Gellerstedt said he expected the project to be out of 10 Terminus Place (and the condo market) in the next couple of quarters. It looks like they can pack up sooner than expected.

How did they manage to sell everything? It’s all about price as you might have guessed. I’m really super excited to see the building doing so well. I have a number of clients living in the building and they are all quite happy with their purchase! Currently there is a single resale unit for sale. The 32-story tower opened in 2008 and has 137 luxury condominiums.

If you are thinking about listing your Terminus condo, please contact me!

I am happy to report the largest penthouse available at the nearly sold-out Terminus project in Buckhead closed yesterday at a price of $1,700,000. This represents a considerable discount of nearly 53% off the the very original list price when the building first opened of $3,600,000. Most recently, Cousins reduced the price to $2,592,000 when the market started to go South. This is the highest priced sale in the building.

The reality of the situation is the seller was smart enough to know they have to adjust their prices in order to move the inventory. They now have just one penthouse left in the entire building to sell and it is under contract. I have heard from a few people who live in the building the new owner is a new player on the Atlanta Braves team. He obviously has very good taste! I’m wondering what he going to do with the enormous terrace. Thoughts?

I’m so excited because atlantaSKYriseblog.com turns three this weekend! Thank you for making atlantaSKYriseblog.com the number one condo blog in Atlanta! What was the top post in the three years my blog has been around? Click here to find out.

Are you looking for a terrific brand-new condo to lease in Buckhead? (This property has been leased 2/14/11) Look no further. This luxury unfurnished condo is located at  the nearly sold-out Terminus starting March 1st. This condominium has so much to offer and best of all, it has never been lived in. This 26th floor corner condo features 10′ ceilings, a dream kitchen, floor-to-ceiling windows, 3 full bathrooms, separate den, wet bar, a private covered terrace and so much more.  This property won’t last long. Condominiums at Terminus have been leasing within a month of going on the market and this is your opportunity to grab it for yourself before I put it into the MLS.

Terminus has the best amenities for its residents, including: valet parking, 24 hour concierge, dedicated lobby level staff, club room, 2 guest suites, massage room, media room, catering kitchen, indoor/outdoor fireplace, pool and jacuzzi, 14th floor dog walk, 2 outdoor grills, outdoor yoga space and so much more. Click Here for More Photos & the Rest of the Feature