NASHVILLE – Here’s your chance to own a piece of the Man In Black’s legacy – in Hendersonville, Tenn.
Two years after buying country music legend Johnny Cash’s former 4.5-acre lakefront estate for $2 million from Barry Gibb of the 1970s pop group the Bee Gees, Texas businessman James Gresham has listed the property for sale.
A spokeswoman for Gresham cited personal health issues for his plans to sell the estate at 200 Caudill Drive. Johnny and June Carter Cash lived on the property near Old Hickory Lake for 35 years until they died four months apart in 2003.
Amid community resistance two years ago, Gresham abandoned a rezoning effort to allow him to build an eating disorder treatment facility on the property.
The estate is expected to be sold through an auction-like process with the would-be buyer’s plans including to preserve the Cashes’ legacy among considerations.
There’s no listing price for the four parcels, which were last appraised for $1.14 million.
“We know it’s going to be in the multimillions,” said Stan Peacock, the listing broker with Cyre-Leike Realtors in Hendersonsville, adding that the appraised value doesn’t take the Cash family’s legacy and other factors into account. “This is so far from a normal property. There’s no other place like this in the world.”
The 4-5 acre estate includes the site of the Cashes’ former 14,000-square-foot home, which was destroyed in a 2007 fire.
A swimming pool, garage, tennis court, guard station and a renovated one-unit studio apartment log home, which June Carter Cash used as a wardrobe storage room, are among amenities at the gated property. There’s also a covered boat dock on Old Hickory Lake.
Bob Dylan, Billy Graham, Al Gore, Willie Nelson and Kris Kristofferson are among well-known figures who over the years visited or stayed at the estate, which Johnny Cash initially bought in 1968. Highlighted in the film Walk The Line, the home was where the star retreated for his infamous 1960 detox.
Architect Braxton Dixon is among other former owners of the estate in addition to the Cashes and Gibb of the Bee Gees.
Neighbors of the home have included Connie Smith and Marty Stuart, Richard Sterban of The Oak Ridge Boys and Roy Orbison.
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