UrbanizeAtlNewsBot

UrbanizeAtlNewsBot

On southside, next phase of infill housing finishes construction Josh Green Thu, 08/08/2024 - 15:34 In the residential hot zone that is Chosewood Park, the second flank of an infill project has finished construction as an example of increasingly elusive, standalone new homes in the city with prices below a half-million bucks.

The project, Park + Terrace, began delivering in 2022 with a goal of filling the void of new-construction, single-family housing south of Grant Park and the BeltLine’s Southside Trail corridor.

According to listing agent Tristain O’Donnell with Engel & Volkers Atlanta, Park + Terrace’s second phase includes six units—four standalone homes, and one duplex—that came to market in late July. One home priced at $465,000 is under contract now, and another is expected to be claimed this week, per O’Donnell.

Phase two prices range from $440,000 to $475,000. All have three bedroom, two and ½ bathroom floorplans with precisely 1,556 square feet.

“I would categorize these as an infill on a street as opposed to what people would consider an infill neighborhood,” O’Donnell noted via email.

How Park + Terrace facades have come together on Federal Terrace, just west of Boulevard. Photos by Sarah Alsati; courtesy of Engel & Völkers Atlanta

Photos by Sarah Alsati; courtesy of Engel & Völkers Atlanta

The corner site on Federal Terrace—formerly home to boarded-up houses and vacant land—is walkable (or at least bikeable) to attractions such as the Chosewood Park greenspace, Red’s Beer Garden, the treasure that is El Progresso (aka “prison tacos), and the BeltLine’s under-construction Southside Trail. Atlanta’s U.S. Penitentiary is located a block to the south, which obviously isn’t listed as a selling point but is often categorized by Chosewood Park enthusiasts as simply a quiet neighbor.

Between slab porches and similar parking arrangements in back, Park + Terrace homes are described as a blend of modern and farmhouse-style offerings with “not your typical builder finishes.” Perks in the two-story homes include 10-foot ceilings, quartz countertops, and thoughtful floorplans, per listings.

Photos by Sarah Alsati; courtesy of Engel & Völkers Atlanta

Park + Terrace’s 565 Federal Terrace location.Google Maps

Park + Terrace’s five-home first phase included larger single-family options that ended up selling for between $500,000 and $525,000, according to O’Donnell.

Head up to the gallery for a closer look at Park + Terrace phase two exteriors, floorplans, and interior design.

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