2176 Monticello Street Southwest , Covington, GA 30014(Newton County)

Frankly my dear, this is a once in a lifetime opportunity to own one of the finest and most famous historic mansions in the US. Named one of the Top 10 Antebellum Sites in GA, Twelve Oaks is on the National Register. Experience the South like Scarlett or Rhett as you sit on the veranda and enjoy your lemonade. A $2M renovation was completed in 2017 that included electrical, new HVAC, all code requirements, baths were added, the kitchen was completely renovated and more. Everything is high-end and immaculate. In January of this year, Chubb Masterpiece Group estimated the cost to rebuild at over $6.3M.

There are 12 large bedrooms and 12 1/2 luxurious baths along with a grand dining room, parlor, informal dining and living spaces and a chefs dream kitchen. One of the baths includes very rare antique luxury shower that is one of the only ones in the world. There are two bathtubs that cost over $14,000 each. The drop-dead gorgeous master has a morning bar, amazing architectural features, and a bath worthy of the cover of a magazine. Five chimneys and twelve fireplaces modernized with remote controls.

The property sits on over 3 acres of gardens with a pool, gazebo, and pergola and with a 4-car historic carriage house. The property is in beautiful Covington, GA, (in the Atlanta Metro area) within an easy, beautiful walk to the historic town square full of shopping and award-winning dining. Covington is known as the Hollywood of the South; over 125 movies and TV shows that have been filmed there. This is an area of exceptional growth; some new businesses coming to town include a data center for Facebook and a new $1B pharmaceutical plant. Covington is conveniently located with both a regional airport within Covington and an international airport just 38 miles away.

This property is also income producing! There are three special operating permits already in place. Within just six years as a bed and breakfast, it won Top 10 Inns in the US and Southern Livings Best of the South in 2018. As an event venue, it won Best of the Knot and the WeddingWire Couples Choice Award. There is also a third permit in place as a historic site to offer tours. With its tie to Gone with the Wind and to at least 15 other movies filmed at the mansion along with its designation as one of the top antebellum sites in Georgia, it could easily draw hundreds per day. Fourth, the property averages one to two movie or TV show contracts per year and also provides accommodations for cast. Or just live out your Scarlett and Rhett fantasy by living there.

Some furnishings may be purchased separately. Take it from Rhett Butler, Take a good look my dear. It's an historic moment you can tell your grandchildren about.

Built in 1836

Completely renovated in 2017

12 Bedrooms, 12 1/2 exquisite baths

10,000 square feet with porches, gardens

Gorgeous pool with historic gazebo complete with chandelier

Massive deck with pergola for large events

Chef's dream kitchen

Hardwood floors throughout (apart from bathrooms)

12 fireplaces with remote controls

Beautiful chandeliers and period lighting throughout

Grand dining room can seat up to 40 with additional tables

Formal Parlor

4 car spacious carriage house

11 foot ceilings throughout

Captain's Walk with amazing views

3 laundry rooms

Fire sprinkler system throughout

Lots of exterior lighting

Intercom system

Tesla and Copper Creek charging stations for car and golf carts

Covington streets are golf cart legal

Three blocks to historic town square

30 miles east of downtown Atlanta

Covington is known as the Hollywood of the South

AUCTION INFORMATION

Auction: Online Bidding begins Thursday, July 4th at 2:00 p.m. ET and Live Auction (at the property) Thursday, July 25th at 2:00 p.m. ET.

Bidding: All bidding is by the dollar.

Buyers Premium: A 10% Buyers Premium will be added to the final bid to determine the Total Contract Price paid by the Purchaser.

Bidder Registration Fee: A registration fee of $10,000.00 in the form of wire transfer, cashiers check or certified funds made payable to the Title Company/Closing Attorney is required to register to bid. Please call for more details.

Terms of Sale: The Contract is to be signed and returned to Target Auction Company on auction day. This is a Cash Sale with 10% down due when signing (for a live winning bidder) or by 5:00 pm ET on Friday, July 26th (for an online bidder) with the balance due at closing within 30 days.

Broker Compensation: Buyer Brokers are welcome. Please see the Broker Compensation Form on our website.

Open House Events: An auction representative will be available for property tours by appointment only on July 13th, 14th, 20th, 21st, and 24th from 10:00 a.m. through 3:00 p.m. ET. Please call us to schedule your appointment.

Broker Participation Welcome. 10% Buyers Premium.

Dewey Jacobs, GAL #359070