A beachfront estate on Georgia’s coast designed by a renowned Atlanta architect has traded hands at a record-smashing price.

The record-setting property is a large contemporary house that has three levels and comprises several pavilions.

Excludes Charlotte, Kansas City, Mo. and St. Louis for insufficient data; Chart: Jacque Schrag/Axios Nearly one in five home buyers in Atlanta are ghosting sellers, according to a Redfin report. Why ...