Sheryl Crow Relists Her Tennessee Ranch With Another Big Price Cut

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Sheryl Crow's ranch

Source: IMDb

Source: IMDb

You’d think an equestrian estate owned by a Grammy Award-winning singer would fly off the market, but Sheryl Crow has been trying to sell her Tennessee ranch, formerly known as Cross Creek Farm, for 3 years and 9 months.

First listed in 2010 for $7.5 million, the estate at 6664 Cross Keys Rd, College Grove, TN 37046 received a 40 percent price cut in May 2011. At that time, the size of the property was also cut from 147 acres down to 51, as it was proving to be “a handful to sell,” according to The Tennessean’s Nancy Mueller.

Now in another effort to entice a buyer, Crow has dropped her asking price to $3.85 million, but that’s still on the high end for College Grove homes. According to Zillow’s mortgage calculator, a buyer could expect a monthly payment around $15,489, assuming 20 percent down on a 30-year fixed mortgage.

Currently held by Jay Barron of Harpeth Company, the listing includes a contemporary 10,433-square-foot residence, a 14-stall horse barn, an indoor arena and an outdoor pool. The guesthouse and remaining 96 acres are being sold separately.

Meanwhile, Crow also has been trying to sell her L.A. home. It first hit the Hollywood Hills market in October 2012 for $15.95 million and dropped to $12.495 million this summer.

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Catherine Sherman, a real estate writer for Zillow Blog, covers real estate news, industry trends and home design. Read more of her work here.

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