Jake Paul In Contract To Buy $42 Million Georgia Estate

Jake Paul is making a major move -- El Gallo is in line to be the new owner of a $42 MILLION estate in Georgia!!!

TMZ Sports has learned the internet superstar and boxer is in contract to land the 5,7000-acre property in Decatur County ... as part of one of his growing business ventures.

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Sources tell us Jake's unlikely to move into the place .