Massey eyeing sale of Belle Meade home

NashvillePost.com has learned that Alyne Queener Massey, widow of the late business icon Jack Massey, has begun the process of selling her house at the intersection of Tyne Boulevard and Belle Meade

NashvillePost.com has learned that Alyne Queener Massey, widow of the late business icon Jack Massey, has begun the process of selling her house at the intersection of Tyne Boulevard and Belle Meade Boulevard, across the street from the Belle Meade Country Club. The home sits on a nearly four-acre estate. Its style and location make it indisputably one of the most desirable houses in all of Nashville.

The process of selling the house appears to be very private, which is often the case with homes in that price range. Someone knowledgeable of the Belle Meade real estate market suggested to NashvillePost.com that an asking price of as much as $7.5 million would not be out of the question.

Peggy Hutton of Fridrich & Clark is handling the potential transaction. Contacted by NashvillePost.com, Hutton adamantly denied that the house had already been listed but said, “I’m having some very private conversations about it.”

Massey’s widow, Jack, was the first entrepreneur to take three companies public on the New York Stock Exchange (Kentucky Fried Chicken, HCA and Winners Corp.). The Masseys married in 1971. In all, Massey took five different companies public during his business career, which included time spent as a partner in Massey Burch Investments. In 1982, Forbes estimated his net worth at $100 million.

Ms. Massey, a Columbia, Tenn. native and former society writer in Nashville, also owns homes in Palm Beach, Fla. and The Hamptons. She was the first woman to serve on the board of Third National Bank and has served numerous local philanthropic causes locally and nationally. She heads The Massey Foundation here in Nashville and donated funds to Vanderbilt University Law School, whose library is named in her honor.