Wed, 30 Nov 2011 10:58:57 GMT | By Marcelle Sussman Fischler,
Business mogul mansions

Arthur Blank, Home Depot co-founder

Arthur Blank, Home Depot co-founder (© Zillow)
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Location: Buckhead, Ga.
Sale price: $3.9 million

In September, after three years on the market, Home Depot co-founder and Atlanta Falcons owner Arthur Blank sold his vacant 7,352-square-foot, three-level, 1952 colonial revival house for about $3.9 million, a fraction of its initial $10.9 million asking price. The seven-bedroom, 10-bath house sports a two-story foyer, new kitchen, new master bath, a library-office, media room, wine cellar, gym, and recreation room. It all adds up to about $84,000 a year in property taxes. The 4.2-acre gated estate has lush gardens, a private pond with waterfalls, koi ponds filled with specimen plants and a swimming pool, according to Betsy Akers, the Atlanta Fine Homes listing agent. Three years ago, Mr. Blank and his family moved to an older home they had restored in the same suburban Atlanta neighbourhood.

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