$34M for a Royal Wedding? What Does That Get in Gwinnett County GA?

By
Real Estate Agent with Century 21 Results Realty
Cover of "Royal Wedding"
Cover of Royal Wedding

Are you "Royal Wedding"ed out yet?  Honestly, I was a bit over it a week ago.  I appreciate the historic significance of the event, but knowing what type of diapers Kate and William wore as infants and interviews with people that saw them in the hallways at grade school is a little much.

And then I heard that the estimated cost of the event was between $34M and $60M (British Tax Payers shelled out about $30M for security in addition to the cost of the nuptials...).  And I got to wondering...

What kind of Real Estate would $34M buy in Gwinnett County, GA?

Honestly, that would be a REALLY generous budget around here.  The most expensive house listed in the county right now is "only" $6,750,000.  It is lovely 8 bedroom, 10 full/2 half bathroom home in the Sugarloaf Country Club (and it you want to buy it, I would be GLAD to help you out... Proof of Funds are required for showings).

There would even be a nice chunk of change left over to buy a warehouse to keep the toys in... and there would be a pretty nice toy budget in there, as well.

What about a nice lake house on Lake Lanier?

Well... I happen to know of one.  it is a mere $4,500,000 and has 5 bedrooms, 5 full baths and 2 half baths.  There is also a 6 car garage and just over 6 acres of grounds... with 750 feet of lake frontage.  Lake Lanier is just north of the Atlanta Metro area, between Gainesville and Cumming, GA.  It borders Gwinnett, Hall and Dawson Counties.

 

There are some homes in Buckhead and a few other areas around here where there are homes between $10M and $20M... but these are pretty interesting homes.  And $34,000,000 is a LOT of money.  In fact, ALL of the homes sold in Lilburn, GA, during the 1st Quarter of 2011 totaled up to about $16,800,000.  That is a lot of coin...

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