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CEO’s Spotswood Hall, among Atlanta’s ‘most architecturally significant residences,’ eyes $3.8M

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Neoclassical revival estate from 1913 has designs by Philip Shutze—and $150K in reductions

A personal putting green near the front entrance, with its two-story, pedimented portico.
A personal putting green near the front entrance, with its two-story, pedimented portico.
Beacham & Company Realtors

A neoclassical revival five-bedroom marketed as one of Buckhead’s earliest estates and “one of Atlanta’s most architecturally significant residences” has struggled to land buyers this year, but that doesn’t diminish its Tara-esque grandeur.

Tucked off Northside Drive, due north of Atlanta Memorial Park, celebrated Spotswood Hall was designed by architect A. Ten Eyck Brown and built in 1913 for a Fulton County commissioner, Shelby Smith.

A more familiar name, Atlanta classicist architect Philip Trammell Shutze, completed a redesign 20 years later, adding a rear rotunda with a mural by artist Athos Menaboni. More recently, award-winning Norman Askins designed an expansion.

So the pedigree is solid.

As the AJC chronicled two years ago, the holiday-gala-appropriate residence is owned by Jack Markwalter, CEO of private wealth management firm Atlantic Trust, and wife Juanita. No stranger to TV appearances and prestigious fundraisers, the home is on the National Register of Historic Places.

It counts more than 7,600 square feet, six and a half bathrooms, an abundance of arched windows and fanciful chandeliers, and one glorious staircase.

Initially listed in February, it’s undergone a total of $150,000 in discounts since then. The current asking price: $3,849,000.

The formal decor might irk modernists, but it befits the architecture. For entertaining, the main floor looks ideal. And for making first impressions, Atlanta front porches and foyers aren’t often grander—at least not without being McMansion tacky.

The property joins half a dozen Buckhead homes for sale at the moment between $3.5 and $4 million.

It last traded in 2002 for $2.35 million, records show.