Market Conditions for Morningside in Atlanta, Georgia Reported by Zac Pasmanick, REALTOR, CRS, GRI, CRB, CDPE Updated August 26, 2009.

Current Market Rating: 2 1 2 3 4 5 Buyer's Seller's

Current Price Trend: 2 1 2 3 4 5 Falling Rising

While home prices have dropped across the country and across Atlanta, Morningside and the surrounding intown neighborhoods continue to retain their value. Home prices have dipped, but Morningside remains strong with it's desirable intown location!

ZIP Codes: 30306, 30324

Location Characteristics: Morningside is a wonderful intown Atlanta neighborhood with charming brick homes and a history of a strong community. It's also one of my favorites since I grew up in this neighborhood! Morningside's winding roads are shaded with mature trees and spotted with parks and playgrounds.

Below is a history of the Morningside neighborhood courtesy of the archives of the Morningside / Lenox Park Association (http://mlpa.org):

T'was the season for giving when E. F. Luna, subdivisions manager for the real estate firm, Smith & Rankin, touted "a lot for your money" in December 9, 1923 editions of The Atlanta Journal.

Morningside was a new type of "suburb"; commuters traveled to and from their homes by streetcar and, if they were fortunate enough, by car. Now, Morningside and Lenox Park, developed in 1931, are valued as "close in" neighborhoods with short drive-times that commuters outside the Perimeter surely must envy. Some 3,500 households strong, the area includes other neighborhoods - University Park, Noble Park, Johnson Estates and Hylan Park. All have contributed to the growth of Atlanta.

Between 1920 and 1930, Atlanta's population grew by 70,000 from 200,616 to 270,366. Atlanta's radio age dawned in 1922 when WSB and WGST went on the air. In 1923, the same year Morningside was developed, a businessman named Robert Woodruff became president of The Coca-Cola company. Davison's department store (now Macy's) opened on Peachtree Street, the High Museum of Art debuted and the Atlanta Historical Society was organized in 1926. A year earlier, the city leased (and later purchased) Candler Field in Hapeville for a municipal airport. Consequently, Atlanta became an airmail center, and routes were established between Atlanta and New York and Atlanta and Miami in 1928. Three landmarks opened in 1929: the present City Hall on Mitchell Street, the Fox Theatre and the Varsity. Bobby Jones earned fame for himself and Atlanta in 1930 by winning the grand slam of golf - all in one year. His record still stands. Margaret Mitchell wrote for the The Atlanta Journal Sunday magazine, Her book, Gone With the Wind, would not be published until 1936.

A hundred years earlier, the area that became Atlanta was home to the Creek Indians, who ceded their land to the State of Georgia in 1821. Atlanta's first settlers began to arrive. Most were from Northeast Georgia, though others came from the Carolinas and Virginia. Some settled in Easton, a farming community at the present intersection of Piedmont Road and Monroe Drive. Industrious farmers whose land lay along major creeks established water-powered saw and grist mills. Easton farmers ginned their cotton and ground their corn at Walker's Mill, across from today's Ansley Mall.

In winter 1868, Joel Mable, a devout Scottish Presbyterian, organized the Union Sunday School in the Rock Spring School House. The school was located near the current intersection of Morningside Drive and East Rock Springs Road. Two years later, 27 members organized Rock Springs Presbyterian Church. Their names - Cheshire, Reeder, Luckie, Plaster and others - are familiar to this century's motorists. The first church, a white frame building without a steeple, was build in 1871 on the church's current site at Piedmont and Rock Springs Roads.

In 1876, Easton residents began using the Air-Line Belle, a steam train that ran between Atlanta and Toccoa for 42 years. Commuters boarded the train at a depot near Ansley Mall. By 1888, Easton was 100 residents strong. By 1900, a number of Eastoners commuted to Atlanta by train.

The new century brought many changes. Easton's post office closed in 1904. By 1911, the neighborhoods of today's Ansley Park and Virginia-Highlands were under development. That same year, Plaster Bridge Road in front of Walker's Mill was paved; the road was renamed Piedmont in 1917.

Charles Lewis Fowler, a Baptist minister, founded Lanier University on University Drive the same year. But financial problems plagued the school; in 1921 the property was sold to the Ku Klux Klan, which owned it for a year. The structure, which resembles the Custis-Lee mansion in Virginia, is part of the congregation Shearith Israel. The synagogue is located in University Park, a subdivision developed around the university in 1921.

Two years later, real estate agents James R. Smith and M.S. Rankin build eight homes in Morningside Park. Advertisements stressed a 70-foot wide paved street in front of homes with Murphy beds and a servants' toilet in the basement.

The new development prospered after the city annexed the area in 1925. "The section known as Morningside, one of the newest subdivisions around Atlanta, was experiencing a boom," says the 1976 mini-history of Haygood Memorial United Methodist Church. "Many new homes had already been built and many others were under construction. The streetcar line and pavement were being extended out North Highland Avenue from Virginia Avenue to Lanier Place. Kimballville Farm, the fields east of Highland Avenue and the woods west of Highland, were being swiftly replaced by new homes and these were being occupied by young families of industrious, hopeful and friendly people."

Also in 1925, developer Byron C. Kistner built a row of shops on North Highland. Original tenants included Shackleford's Pharmacy, Henry's Dry Cleaning, Rogers Brothers Grocery and an A&P. The row of shops still bustles today with 14 West Realty, Affairs gift shop, the Caramba Cafe, (the former) Indigo Restaurant and other business. In 1927, construction began on Morningside Shopping Center, the storefront strip on Piedmont just north of Monroe Drive.

The growing neighborhood acquired a school when Morningside Elementary opened in 1929. Originally, the school had six classrooms on the lower floor of the western side of the current building. Enrollment grew, and a new building was commissioned and completed in 1935, providing work for the unemployed during the Depression.

Development of Noble Park, Johnson Estates, and Hylan Park began in 1930. A year later Lenox Park opened, featuring model homes with names like "The Barclay," "The Sussex" and "The Chateau." Atlanta architects Ivey and Crook designed the homes in Lenox Park.

Interest and pride in the Morningside/Lenox Park area grew. In 1934, the Morningside Civic League beautified the neighborhood by planting crepe myrtles and dogwoods. Postwar housing shortages, coupled with FHA and VA loans, spurred more development after World War II. A new interstate (I-75/85) threatened a thriving Jewish neighborhood south of the State Capital and many residents relocated to Morningside.

The neighborhood faced a similar threat in the 1960s. In 1965, the MLPA was incorporated to fight plans to build I-485 through the neighborhood. By the late '60s, the state had bought property and demolished several homes for road right-of-way. The MLPA banded together with other east Atlanta neighborhoods to block the highway. Thanks to their pressure, the state dropped its plans for I-485 in 1973. The following year, Atlanta enacted a new city charter setting up 24 Neighborhood Planning Units to give residents more say in their communities.

The MLPA would not forget the highway battle. In 1985, residents renamed Cumberland-Sherwood Park to honor the late Sidney Marcus, a Morningside resident and state representative who helped block the I-485 project. Mr. Marcus also helped secure the land for the park, which the state had cleared to build the highway.

In the late 1980s, an MLPA committee led by David Robertson undertook a "monumental" project on behalf of their neighborhood. They decided to duplicate the Lenox Park marker at 878 Plymouth Road. Built in the 1920's, it was the only monument that remained intact. The committee raised enough funds to repair six existing markers and build 12 new ones. As the Winter 1989 MLPA Newsletter noted: "The new monuments will help define and unify the Morningside/Lenox Park area and will help focus attention on intown residential living and show our 'pride of place.' A unified look will help keep the freeways out of MLPA and show D.O.T. we are here to stay!"

The markers serve as a stately yet poignant reminder of how Morningside/Lenox Park came to be. E.F. Luna, the subdivisions manager for Smith & Rankin, had the right sentiment in 1923 when he urged potential buyers to check out those lots in Morningside Park. "Get out of your car and look them over," he said.

That's still not a bad idea today.

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