Mansion in Foreclosure

If you live or work in South Forsyth, you probably are familiar with the mega mansion that was completed in 2006 on Trammel Rd between Windermere and Hwy 20.  The home-site boasts a four-acre lake, 72 acres that include an 18-hole private golf course, a statue of Alexander the Great,  a 10-car garage that also serves as a ballroom, a wellness center, dry sauna with 42-inch television, a lap resistance and a leisure pool, a home theater modeled after the Fox Theater, two playgrounds and a vegetable garden.  In the 47,000 square feet of living space, there are also two elevators, a bowling alley, a ‘50s diner, 10 fireplaces and a guesthouse with a three-car garage. In addition, the gated and secured property has three stables, jogging trails, a virtual golf room that mimics golf courses from all over and so much more. 

So what do you think the asking price is?  You got it - NOT $50 million as was previously, but a fraction of that at $16.75 million in foreclosure.   I have mixed feelings about this.  On the one hand, someone with money to spend is going to get a great deal.  On the other, I think it is a shame such a beautiful and extravagant place is sitting empty because the owner could not pay for it.  Is this a symbol of our overindulged society?