Cynthia Bailey is one step closer to divorce ... the family home has just gone bye-bye.
The 'Real Housewives of Atlanta' star and estranged hubby Peter Thomas put their East Atlanta home up for sale late last month and it's already in escrow ... almost for the full asking price of $699k. By metropolitan standards, it's a bargain ... 4 bedrooms, 5 baths.
Peter and Cynthia separated in March. He's been living in Charlotte, North Carolina where he owns a restaurant. We're told Cynthia has been eyeing a lakeside property outside Atlanta.