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Home in Nashville, Tennessee becomes most expensive property ever

A 383-acre estate tucked away in the rolling hills outside of Nashville, Tennessee, is for sale for $65 million, breaking the record for the state’s most expensive listing ever.

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Twin Rivers Farm, designed by architect Steve Giannetti, includes a five-bedroom, seven-bathroom main residence that spans 10,626 square feet. There is also a two-bedroom, two-bathroom guest cottage.

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If sold for anywhere near the asking price, it will be the highest sale ever seen in Tennessee, shattering the previous $28 million record.

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“This house was built with such care,” Giannetti said in a video featuring the property. “There are things in here that are really unique, that I’ve never done before … to create really special experiences in the home.”

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The expansive compound — entered only by a covered bridge — encompasses two private lakes, walking and horse trails, stables, an incredible swimming facility equipped with a retractable roof, a luxury spa-like gym, tennis court, 188-tree orchard, greenhouse, an observation tower and an entertainment pavilion.

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“The home strikes the perfect balance of luxury, form and function, enhanced by the seamless connection between indoor and outdoor spaces,” the property listing states.

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Located at 5845 Old State Highway 96 in Franklin, Tenn., the grounds also have two barns, a shooting range and outdoor kitchen.

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The Tennessee home is on the market for $65 million.
The Tennessee home is on the market for $65 million.Sarah B. Gilliam

“You have this sense of, I could go on a walk, on my own property, for an hour,” Giannetti said.

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The owner is Larry Keele, co-founder of Oaktree Capital Group, according to public property records.

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He and his wife, Leiyan Keele, built the compound over a number of years, according to the Wall Street Journal. Keele was living in California when the property was under construction, according to a property representative.

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The Keeles told the newspaper they decided to sell because they’ve retired and are going to downsize.

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“Twin Rivers Farm is a property that beholds the best natural features of Tennessee countryside,” according to the property listing.

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Dan McEwen of the McEwen Group holds the listing.

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This sprawling property outside of Nashville, Tennessee has all the amenities a homeowner could desire, especially swimming facilities and a gym.
This sprawling property outside of Nashville, Tennessee has all the amenities a homeowner could desire, especially swimming facilities and a gym.Rusty Cockrell

This home is equipped with state of the art swimming facilities.
This home is equipped with state of the art swimming facilities.Sarah B. Gilliam

This story was first published June 27, 2023, 10:24 am.

David Caraccio is a video producer for The Sacramento Bee, born and raised in Sacramento. He is a graduate of San Diego State University and a journalist with many years of experience working for newspapers as a reporter, editor, page designer, and digital content producer.



https://www.sacbee.com/news/business/real-estate-news/article276795196.html Home in Nashville, Tennessee becomes most expensive property ever

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