The Buckhead mansion once owned by Tyler Perry has sold for $15 million, according to the realtor Engel & Volkers.
This buyer was not named, but the purchase is notable for happening in the midst of a pandemic that has caused tens of millions to lose their jobs and send the economy into a massive tumble.
Christa Huffstickler, CEO of Engel & Völkers Atlanta, said in a press release that buyer’s agent, Lisa Robinson, “was able to close this mammoth listing that many before her struggled to move... We are so proud to have Lisa, a powerhouse in the market, on our team and look forward to continuing to make our mark in Atlanta."
Robinson called closing the sale “nothing short of a miracle.”
The selling agent is Chase Mizell with Atlanta Fine Homes Sotheby's International Realty. Mizell also represented Turner and Perry during the 2016 transaction.
Perry, who purchased the property at 4110 Paces Ferry Road in 2007 for $9 million and invested millions into improving it, sold it to entrepreneur and evangelist David Turner in 2016 for $17.5 million.
At the time, it was considered the priciest single home residential property ever sold in metro Atlanta. Perry originally placed it on sale at $25 million in 2015 before dropping the price.
Turner put the French Provincial mansion back on sale for $25 million in 2018, dropping the price to $21 million a year ago. By selling at $15 million, Turner took a $2.5 million loss.
According to a press release in 2018, Turner’s ministry had taken him and his family out of Georgia.
“This is the most beautiful property I have ever laid eyes on” Turner said at the time. “We have thoroughly enjoyed living here and will be very sad when the day comes to leave. However, we must follow our faith, and our faith is leading us elsewhere.”
The mansion sits on 17 acres and is nearly 35,000 square feet. Property taxes in 2019 alone were $301,888, according to Zillow.
The property was once occupied by a long-time segregationist Moreton Rollston, who owned an Atlanta motel that refused to integrate. "To have this property was such poetic justice," Perry told New York magazine in 2016.
Among the property amenities: seven bedrooms, an underground ballroom, a parking deck, a separate “hobby house,” an infinity edge swimming pool with bar, a lighted tennis court and a remote control airplane runway.
Perry currently resides in Douglasville, where he owns more than 1,000 acres, while also owning homes in other cities including Los Angeles and New York.
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