Elyse Buckhead Begins Contract Conversions

Buckhead’s next luxury condo tower has officially hit an important milestone. Elyse Buckhead, planned for 102 W. Paces Ferry Road, has begun converting buyer reservations into formal contracts — with pricing starting at $1 million and climbing well beyond that. From my perspective, working daily in Atlanta’s luxury market, this is more than a project update. It’s a signal of continued confidence in high-end, lock-and-leave living in the heart of Buckhead Village.

Developed by Kolter Urban, Elyse will rise 20 stories adjacent to the St. Regis Atlanta and bring 194 residences to a 3.3-acre site formerly home to Buckhead Plaza. Kolter acquired the property for $38 million and is clearly doubling down on a product type that remains relatively rare in post-pandemic Atlanta: new-construction, for-sale luxury condominiums. Site work is expected to begin in the second quarter of 2026, with delivery projected for late 2028 into early 2029. Residences will range from one to three bedrooms, spanning approximately 1,200 to more than 4,000 square feet. Ceiling heights between 10 and 12 feet, terraces up to 12 feet deep, penthouse-level offerings, and five stories of estate-style residences reflect a design approach centered on scale and privacy — aiming to deliver the feel of a traditional home within a vertical setting.

Current pricing tells the story: about half of the available inventory is north of $2 million, with one top-floor penthouse asking $6.8 million. Another even larger penthouse floorplan has yet to hit the public market. Amenities will be extensive, with approximately 63,000 square feet dedicated to residents. Plans include a heated pool with private cabanas, pickleball court, golf and sports simulator, theater, dog park and pet spa, a grand event lawn, open-air kitchen, fitness center with movement studio, and a residents-only spa featuring cold plunges, saunas, steam rooms, and treatment spaces. Security features will include 24/7 staffing, controlled garage access, and a full-building generator. Notably, like Kolter’s previous projects, no retail is planned onsite — reinforcing the focus on a purely residential experience. Location remains a major selling point.

Elyse sits roughly a block from the northern edge of Buckhead Village’s shops and restaurants, placing residents within immediate walking distance of dining, retail, and the St. Regis amenities next door. Walkability at this price point is becoming increasingly valuable in Atlanta, particularly among buyers relocating from markets like New York, Chicago, and South Florida who expect a more urban lifestyle.

From a broader market standpoint, Elyse follows the strong absorption seen at Kolter’s earlier Buckhead towers — Graydon sold out quickly, and The Dillon is down to just one developer-owned residence remaining at just under $1.6 million, now competing with resales. That kind of performance reinforces something we’ve been seeing consistently: well-located, thoughtfully designed luxury condos in Buckhead are finding their buyers.

For Buckhead real estate, this project underscores continued demand for premium, low-maintenance ownership in a walkable setting. It also pushes pricing benchmarks higher, which supports long-term value for existing luxury condo owners nearby. As Atlanta continues to evolve, developments like Elyse demonstrate that Buckhead remains a focal point for high-end residential investment — and that confidence from experienced developers is still very much intact.