With its close proximity to Atlanta, its tree-lined streets and its lively downtown, the city of Decatur has long been a sought-after location for homebuyers. However, with home prices rising, home ownership can be challenging for some would-be residents. The Decatur Land Trust has created a program to address this issue and help make homeownership more affordable in the city. The program’s design encourages long-term, affordable home ownership for participants and community workers such as teachers and nurses, who might otherwise be priced out of certain locations.

In the popular Oakhurst neighborhood of Decatur, the Decatur Land Trust is facilitating the sale of three new condos in the historic building that once housed the Southern Bell telephone switchboard. Developed by Toll Brothers, Park 108 is a move-in ready condominium community that includes a range of modern, loft-style studio, one- and two-bedroom floorplans. All feature oversized windows, wide-plank hardwood flooring and a sought-after location within the City of Decatur school district and across the street from the East Lake MARTA station.

Among the three Park 108 units for sale through the Decatur Land Trust, one is an efficiency/studio, and two are one-bedroom condominiums. Income restrictions will apply to potential buyers, who must also meet lending requirements. Interested buyers are required to attend an online home purchase information session, held at noon on the second Wednesday of each month via Zoom. These sessions provide future homeowners with information about the community land trust model. Down payment assistance is available for qualified home buyers through a variety of sources, including Decide DeKalb and the Decatur Land Trust. Each of the three units is priced at $199,900. For more information, visit https://decaturlandtrust.org/park-108/ .

Shirley Gary Group/Ansley Real Estate is handling the sales and marketing of all other Park 108 condominium homes. They include a range of studio, one-and two-bedroom floorplans with prices in the $300Ks-$500Ks. https://shirleygary.com/park-108 .

“Park 108 is a beautiful adaptive reuse of an iconic historic building,” said Realtor® Jamie Mock with Shirley Gary Group/Ansley Real Estate. “This three-story structure has been an Oakhurst landmark for decades, and enjoys an unparalleled location close to the Decatur Square, Atlanta Beltline, Oakhurst Village and Agnes Scott College. The idyllic neighborhood boasts a number of tree-lined residential streets, as well as local art, culture and a sense of community unmatched anywhere else. Toll Brothers has done an extraordinary job of maintaining the building’s historic appeal, while incorporating the modern design elements today’s buyers want, such as original oversized windows and high ceilings, expansive living spaces, gourmet kitchens, wide-plank hard surface flooring, custom cabinetry, curated design finishes and gated, on-site parking” she said.