The new dwelling, which is minutes from the city according to Realtor.com, comes with six bedrooms, five bathrooms, a sun room, finished basement and an expansive deck.
In total, it includes 2,058 square feet of living space and sits on a 1.48 acre lot.
Bailey filed for divorce from Peter in July. Soon after, they put their home in Atlanta on the market for $699,000.
At the time, Bailey spoke with People.com about the divorce and her desire to move on to the next chapter:
“I’m doing awesome,” the model and entrepreneur told People. “I’m at a great place in my life. I used to always say I just want to be happy. I don’t say that anymore. Now I just say I want peace.”