UrbanizeAtlNewsBot

UrbanizeAtlNewsBot

In shadow of Atlanta airport, relatively inexpensive homes pop up Josh Green Tue, 11/14/2023 - 14:33 A townhome project taking shape just up the road from the world’s busiest airport is offering new-home prices lower than many found around the ITP universe, provided homebuyers don’t expect to walk everywhere.

Called Monticello, the DRB Homes venture is coming to market in the Glenrose Heights neighborhood, just east of Interstate 75 and Hapeville. Downtown Atlanta is about seven miles directly north.

According to marketing materials, $10,000 builder incentives are on the table now, in addition to other perks, for this “incredible opportunity” where “your dream home awaits today!”

The Monticello site plan indicates 169 units will eventually be built along a new roadway carved into the long, deep site off Empire Boulevard, about two miles from Hartsfield-Jackson Atlanta International Airport.

Listing records indicate at least 10 units are under contract now at Monticello.

The Monticello project’s proximity to downtown, Hapeville, and the ATL airport. Google Maps

Example of finished Monticello facades. DRB Homes/Monticello

Alongside sub-$10 rideshares to the airport, the chief draw here is new product priced at roughly half what townhomes of comparable sizes are going for in more centralized neighborhoods. Each Monticello townhouse has three stories and either three or four bedrooms and two to three and ½ bathrooms.

Prices today are starting from $317,090, which gets 1,941 square feet and—like each home—a one-car garage at base level.

The priciest four-bedroom listings at the moment are asking $330,570. HOA fees are listed in the $160 range monthly, which takes care of exterior maintenance and groundskeeping.

The Monticello site plan off Empire Boulevard, at left. DRB Homes/Monticello

Perks in the community include in-home game rooms, quartz countertops, his and her walk-in closets, and covered back patios.

The “Car Dependent” Walk Score of 25 won’t earn many non-driver fans—and ditto for the low 15 Bike Score. But if airport access and lower mortgage notes top a buyer’s wish list, that may not matter so much.

Find a closer look in the gallery above.

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