Third Cut is the Deepest: Parcel Divided, Price Reduction on Sheryl Crow’s Ranch

Source: MusicRooms.net

All Sheryl Crow wants to do is sell her Tennessee farm. But, the nine-time Grammy Award-winning artist isn’t having much luck. Her 147-acre property, formally named Cross Creek Farm, first hit the market in March 2010 with a $7.5 million price tag and has yet to find a buyer.

Included in Crow’s massive Nashville real estate property is a 10,264-sq ft house with a recording studio, a 14-stall barn, an indoor riding rink, and a guest house. While it sounds like quite the star-studded equestrian package, The Tennessean’s Nancy Mueller reports the 7-figure property is turning out to be “a handful to sell.” The original listing attracted some serious buyers, but there was never a final sale on the home. In November 2010, the broker hosted an Internet auction for the estate but there wasn’t any success with that either.

A third (and hopefully final) attempt is being made to help Crow cut her College Grove real estate ties for good. And, the third cut is by far the “deepest” because it’s a 40 percent price cut. Sheryl Crow’s Nashville farm is currently listed for $4,500,000. But according to Mueller, the price isn’t the only thing that was chopped nearly in half — the property was, too. The price tag of $4.5 million includes the main house, 14-stall barn, and 51 acres, which is being sold separately from the remaining 96 acres and a guest house, which is being listed for $2 million. Perhaps breaking up the enormous property will entice not only one buyer, but two.

Bill Sample of Benchmark Realty is the listing agent.