Atlanta real estate experts say Archbishop Wilton Gregory’s Buckhead mansion could fetch millions if the head of Georgia’s Catholics decided to sell it.
On Monday, Gregory apologized to the state’s one million Catholics for a lapse in judgment that made him build a new, $2.2 million home for himself with funds from the estate of Margaret Mitchell’s nephew, who left $15 million to the Archdiocese of Atlanta and the Catholic church where he attended. Gregory said he’d sell the home if church councils recommended he do so.
Situated on Habersham Road in the heart of Buckhead on 1.8 acres of property, Atlanta real estate experts said that shouldn’t be hard.
“It’s what I call golden,” said Lanaux, who priced the house based on a description of the property; she had not visited it. “You cannot find something new, and of this quality, in this day and age on Habersham.”
Daniel Fries, who’s appraised homes across the metro area for 30 years, said the 1.8 acre parcel alone would fetch a high price.
“It’s worth a million bucks if it’s worth a nickel,” he said. “That’s probably the most prestigious area in Atlanta.”
Read the complete story and more about the controversy at our premium website MyAJC.com.
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