Wednesday, June 2, 2010

Alan Jackson's home sells for $28 million


The Williamson County home of country music star Alan Jackson and his wife, Denise, has sold for a record $28 million — $10 million less than the asking price.


It is the most expensive residential sale in the greater Nashville area since 1997 and the first sale to surpass the $11.4 million paid for Tanya Tucker's Williamson County home in 2007, according to Lucy Smith, president of the Greater Nashville Association of Realtors.

The buyers of record are Willis J. Johnson and Reba J. Johnson, trustees of Willis J. and Reba J. Johnson Revocable Trust. The home closed May 28, according to Williamson County property records.

The Franklin home, which was on the market for 11 months, includes more than 17,000 square feet of living in the property's six-bedroom house, a 20-car garage, a log cabin and barn with a two-bedroom apartment and a stocked and aerated lake with a boat house. The property sits on 135 acres on scenic Moran Road, which is lined by large, high-end residences with acreage and livestock. The road, usually off the beaten path, has seen high traffic in the month since the floods peeled 800 feet of pavement off nearby Sneed Road.


Forbes.com ranked Alan Jackson ninth among the nation's top-earning country music stars, estimating his 2009-10 earnings at $12 million.

http://www.tennessean.com/article/20100601/ENTERTAINMENT06/100601073

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