Mansion Global

Versailles of Georgia Selling for $48 Million

This ornate Atlanta home, chock full of artwork and antiques, is the most expensive on the market in the state

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It will cost more than a pretty penny for this Georgia peach—the state’s most expensive home on the market, which includes a host of pricey artwork and antiques, is selling for $48 million.

The estate, dubbed "Chestnut Hall," is nearly 50 times more expensive than the neighborhood median price of $1.08 million in the posh Atlanta suburb of Sandy Springs, according to data on PropertyShark.

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An manor, built in 1995 and inspired by English Tudor and French country architecture, is the centerpiece of the estate, which spans more than 18 acres. At 17,000 square feet, the brick and masonry home has seven bedrooms, eight full bathrooms and three half bathrooms.

The home has a number of European architectural and design features, including a front door imported from France, which opens onto a foyer with a carved plaster ceiling inspired by the arched Braccio Nuovo hall in the Vatican, according to the listing with Amy Fuchs of Coldwell Banker. The home has been on and off the market asking $48 million since 2014.

The owner, listed in property records as Atlanta businessman J.K. MacDonald, has amassed a collection of museum-quality antiques, paintings, tapestries and statuary that are included in the sale of the fully furnished home.

A 19th century French Neoclassical chandelier made from bronze and crystal hangs below the ornate coffered ceiling in the foyer. An ancient funerary stele dating back to the 5th to 3rd century B.C. decorates a stairwell along with a French Baccarat crystal basket light fixture.

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A round, saline swimming pool and pool house are set back from the main house. The manor and grounds host a children’s playground, a 1,700-square-foot fitness center, a separate four-bedroom, three-bathroom guest house and a children’s playroom.

An array of antique statuary, including a pair of 18th century Flemish limestone cherubs, decorate the lawn. There are also four more carved children decorating a pair of 19th century iron-sculpted jardinieres from the gardens of Versailles, France.

Mr. MacDonald could not be reached for comment.