With a $10 million reduction in price, Atlanta’s most expensive home is a little cheaper now.
Called Chestnut Hall, the 17,000-square-foot home on Riverview Road, now priced at $37.5 million, is perched above the Chattahoochee River, south of Sandy Springs and just inside the Perimeter. With seven bedrooms, eight full baths and three half baths, the house and its 18-acre grounds offer plenty of places to hang your hat.
The “English-style manor” was first offered at $48 million in 2013, a price that included the lavish furnishings, such as European statuary and paintings by Henri de Toulouse-Lautrec, Pablo Picasso and Maurice Utrillo. The property was reintroduced this week at a reduced price that does not include the furnishings, said Coldwell Banker spokeswoman Leslie Williamson, but is also available at the higher price for those who want an instant collection of art and antiques.
Coldwell is handling the sale.
The house has been called the most expensive in Atlanta. It is owned by J.K. MacDonald, the founder of a travel-incentives company called Media Marketing Services. MacDonald bought the house in 1987 for $3.7 million, and improved it considerably, adding a four-bedroom guest house among other features.
The house is distinguished by its manicured grounds, slate roof, 1,000-bottle wine cellar and gold-plated bathroom fixtures.
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