ATLANTA (May 8, 2008) – Villa Sonoma, a resort-style property known for its winning combination of upscale affordability, impeccable amenities and ideal location in the Perimeter area, is receiving a warm reception from Atlanta homebuyers with over 60 percent of the 321-home community already sold, as the final phase is released. Villa Sonoma has been one of the top selling communities in Atlanta with more than 30 homes contracted since January 2008.

With five new contracted home sales in the last week alone, Villa Sonoma property agents are celebrating the development’s recent success by continuing to offer a buyer incentive for all purchasers. This incentive package, available when using one of the onsite preferred lenders, offers buyers up to 6 percent of the home’s listed price to be used for any one or any combination of the following:

• Price reduction
• Upgraded home features
• Closing cost reduction
• Prepaid HOA dues
• Interest rate buy downs

“We reduced our home prices to Market Rates at year-end 2007 and couldn’t be more pleased with the overwhelmingly positive response we’ve received thus far,” said Joe Lopez, Villa Sonoma director of sales. “With its meticulously manicured grounds, rich, luxurious interiors, and an amenities package that allows for a carefree lifestyle, buyers have been drawn to the serene, resort-like atmosphere Villa Sonoma provides for those looking for a low-maintenance, luxury option with close proximity to work.”

Villa Sonoma is located within Perimeter Summit, an 83-acre upscale, mixed-use development near the intersection of Ashford-Dunwoody Road and I-285. The community is minutes away from some of the region’s best dining, entertainment and shopping (including Perimeter Mall), as well as a number of growing business centers and office parks. And, with homes starting in the $130s, Atlanta residents are finding Villa Sonoma’s competitive pricing and ideal location a worthy investment.

Villa Sonoma consists of 321 one-, two- and three-bedroom condominium homes that range from 646 to 1,520 square feet and features a variety of amenities designed for comfort and convenience, including:

• Wi-Fi service in common areas
• Clubhouse
• Resort-style pool with tanning deck
• Pet walk area
• Fitness center
• Private Tanning Room
• Landscaped gardens
• Covered parking
• MARTA & Perimeter area shuttle
• Controlled access
• Media room
• Billiards room

Standard features include:

• Granite countertops
• Hardwood floors
• Tile flooring in bath
• Stainless steel appliances

Exclusive sales and marketing for Villa Sonoma is provided by Coldwell Banker The Condo Store, the market leader in sales and marketing of lofts and condominiums.

To learn more about this one-of-a-kind community, interested homebuyers may call 404-847-1242, visit the website at www.villasonoma.net, or stop by the sales center.

The sales center is open Monday – Friday, 10 a.m. – 6 p.m., Saturday, 10 a.m. – 5 p.m. and Sunday, 12 p.m. – 5 p.m.