Gov. Nathan Deal may soon have new neighbors in Buckhead.
The iconic Pink Palace, a classical home that has languished on the market for years, has been claimed after relisting for just under $5 million — a $15 million price chop from its initial pre-recession offering.
For more than four years, the European-inspired mansion has bounced on and off the market after being foreclosed in 2012.
Designed for the Rhodes family by renowned classical architects Neel Reid and Philip Trammell Shutze, the home features a wide array of original accents, but has had some serious modernization in the bathrooms and kitchen.
Shutze is known for designing many homes for the monied of Atlanta in the inter-war years. One of his most notable residential works, the Swan House, stands not far from the Pink Palace on the grounds of the Atlanta History Center.
Let’s hope the (potential) new owner of the Pink Palace embraces history.
- Exclusive: Buckhead’s 'Pink Palace' mansion under contract [Atlanta Business Chronicle]
- Buckhead’s Pink Palace mansion seeks nearly $5M — $15M less than before [Curbed Atlanta]