$32 Million Property Sale Breaks Record In Tennessee

WRE News January 11, 2024

Buyer

$32 Million Property Sale Breaks Record In Tennessee

The Tennessee housing market had a record-breaking transaction with the $32 million residential property sale.

The 50-acre property located in Belle Meade, a Nashville suburb, features a 19,811-square-foot mansion with five bedrooms and 10 bathrooms. According to the Wall Street Journal, the property was first listed for $50 million in 2022 as a two-property package that included a 10-acre building site. The package was later divided and the residential property was listed for $40 million before being discounted to its sale price; the vacant property has yet to be sold.

The buyer was a trust linked to Christopher R. Redlich Jr., a retired shipping executive, while the seller was Dr. Thomas Frist Jr., the co-founder of HCA Healthcare, who purchased the property for $2.2 million in 1993 and built the residence in 2001.

The previous record for a Tennessee home sale was $28 million for a property in 2010.


We are Your GPS to Success Let’s Get Started

We Guide Homeowners through the complicated process of selling their home using our 4 Phase Selling Process and 3 Prong Marketing Strategy that alleviates their stress and moves them effortlessly to their next destination. Schedule a 15 Minute Complimentary Strategy Session Today

Follow Us On Instagram