Never-lived-in Georgia mansion built for $40M finally sells for $8.8M
From Staff Reports
A gated estate off Moore Road in Suwanee, Ga. that sits on 14.5 acres has finally sold.
The 35,000 square-foot home has eight bedrooms and seventeen bathrooms.
It features a 14-car garage, separate pool house, 5 kitchens, 20 HVAC units, 3 laundry rooms, saltwater pool with outdoor fireplace, attic with custom cabinetry, elevator, service access driveway and underground tunnel that connects detached garages with main house.
The home was custom built for a reported $40 million, but the owner never moved in. According some real estate websites, the Georgia home was believed to be one of the 25 largest homes for sale in the country.
In January of 2015, the home was listed for sale at $15 million. Three months later, the price dropped to $12.9 million, then to $10.9 million and again to $9.8 million before finding a buyer this month $8.8 million, according to Zillow.
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