Spotted on Creative Loafing…below the expensive breakdown, Rick Ross speaks on buying the huge residence with REVOLT TV.
Valued at $10 million before the real estate bust, JPMorgan Chase & Company purchased the 54,000-square-foot spread, which sits on 105 acres and has 109 rooms, in 2012 for $7.5 million after it went into foreclosure. When the New York Times reported on it last November, the home was on the auction block with a bidding price that had reached $2.75 million. Holyfield reportedly owed $14 million on the 20-year-old mega-mansion at the time of foreclosure.
In addition to being listed as the “largest single family home in GA,” the 12-room, 21-bathroom main house boasts a 350,000-gallon outdoor pool, bowling alley, baseball field, and indoor lap pool. There’s also an extra 4,000-square-foot home on the property that one of Holyfield’s ex-wives resided in for a spell after their divorce.
Of course, the upkeep costs a pretty penny: approximately $1 million annually, Holyfield once told the AJC, with monthly power bills in the $17,000 range.
