Tyler Perry Buys Georgia Mansion for $7.6 Million

Dean Gardens” is an enormous mansion on 58 acres along the Chattahoochee River in Johns Creek, GA,  and it has been on and off the market for the past 17 years. It recently sold for $7.6 million and the buyer is entertainment whiz Tyler Perry (photo, left).

The creators of Dean Gardens are banking software entrepreneur Larry Dean and his wife, Lynda. It took four years to build the 32,000 sq ft mansion, which was completed in 1993. Sadly, shortly after the completion of the home, the Deans split, and the house was on the market. At one point, the late King of Pop, Michael Jackson, was reportedly a serious buyer and was ready to plunk down a good sum of money in 1994 — $40 million was the asking price — as he wanted to buy it as a surprise for his fiancee, Lisa Marie Presley. But once the media learned of the deal, Jackson backed out. So, here we are 16 years later with a sold price that is about $32 million less than a one-time asking price.

Nearby residents and real estate onlookers have scoffed at the mansion, which has been referred to as “Dean’s Pink Elephant in Georgia.” Dean is relieved to get rid of the home, which has been a huge cost to him, including $25 million to build it, $18 million to pay for staff, taxes and utilities over the years, and $1 million in annual maintenance.

Here’s the clincher: Perry plans tear down the house and “… build his own home, one that is environmentally friendly and made of concrete.”

The home features two carriage-house apartments, an 18-hole golf course, wedding chapel, band shell, and formal gardens.

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Photos below courtesy Hooked on Houses: