Tyler Perry has moved on from his Buckhead Atlanta mansion, but he definitely didn’t downsize. In an interview with E! News, the move mogul revealed that he has purchased a massive estate outside of the city.
“It’s the same distance to the studio as my old house, but now I can have horses and pigs and organic vegetables,” Perry told correspondent Marc Malkin.
Perry’s previous 17-acre compound sold last month for a record-breaking $17.5 million. The 35,000 square feet mansion boasts a hobby house, a guardhouse and a caretaker suite on the property — for a total of seven bedrooms, nine full bathrooms and five half-baths.
The estate also has a resort-like swimming pool and waterfall, a tennis court, formal and informal gardens, fountains, lawns and a multi-level parking garage are also on the grounds.
The house came to market last year for $25 million and sold in late April. Despite it reportedly being the most ever paid for a residential home in Atlanta, Perry lost millions on the sale.
A well-connected real estate source tells SandraRose.com that Perry poured $15 million into home improvements after purchasing the house for $9 million in 2005. He originally listed the house for $25 million in June of last year. He finally settled on $17.5M in cash from an unknown buyer.
According to the real estate insider:
“Perry might be strapped for cash because his house originally listed for 25 million and he put 15 million in it for improvements, thus he took a $6.5 million loss on the property.”
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DO IT FOR THE 'GRAM: Celebrities Who Flaunt Their Wealth
21 photos Launch gallery
1. Kevin Hart and Eniko Hart
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3. Khloe Kardashian shows off her diamonds
Source:Khloe Kardashian Instagram
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4. Chris Brown shows off his baby blue Lamborghini
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5. Tank shows off an expensive watch while in London
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6. J-Lo shows off her diamond encrusted emerald jewels before heading to the Teen Choice Awards
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8. Kim Kardashian vacations in Thailand
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13. Diddy and his yacht
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14. 50 Cent takes a quick photo before hopping on his private jet
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