The Home Depot co-founder and Atlanta Falcons owner Arthur Blank has dropped the price of his home in Atlanta’s Buckhead community from $10.9 million to $4.9 million, 55 percent of the original asking price three years ago, according to the Wall Street Journal.
Blank bought the house at 3639 Tuxedo Road in 1993 for $3.4 million.
According to the website of listing agent Atlanta Fine Homes Sotheby’s International Realty, the home has seven bedrooms, eight bathrooms and sits on four acres. The property also has a private lake, waterfalls, Koi ponds and a rose garden. The home was the 2010 Atlanta Symphony Decorators Showhouse.
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Article source: http://www.bizjournals.com/atlanta/morning_call/2011/03/arthur-blank-home-at-49m-down-from.html