The trusts, much to Teddy Roosevelt’s probable chagrin, have returned.
The rich and, most likely, famous (or at least tax-conscious) are buying in bulk this month, with the top two homes and three of our top 10 bought by anonymous trusts.
As has been the case in recent months, the list is top-heavy — the No. 1 home was about three times as pricey as the No. 2 — with the rest of the list tightly grouped. This month it almost became absurd, as three homes sold for $1.55 million each. Not $1.5 million. Not $1.6 million. Three homes at the $1.55 million price point.
This month also includes a Titan, the sale of a quirky barn in Green Hills and the first ever — on this august list — appearance by the lovely hamlet of Santa Fe.
What follows is, as always, the top 10 single-family home sales in Nashville and surrounding counties in March, ranked by sale price:
1. 540 Jackson Blvd., Belle Meade, 37205
Buyer: William T. Chapman IV, trustee
Sell price: $7.2 million
Seller: 2002 BMJ Rechter Insurance Trust
Seller’s agent: Gail G. Chickey, Fridrich & Clark
Buyer’s agent: Louis Belote, Fridrich & Clark
This 14-room, 9,857-square-foot Jackson Boulevard estate — sitting on nearly four acres and including a 1,225-square-foot guesthouse — is far and away our top buy of the month, coming in at nearly three times the price of the runner-up.
It was built in 1990 from “slave stone walls,” a detail the listing includes without a smidgen of irony.
The seller is a trust in the benefit of Rogers Group exec Ben Rechter. The identity of the person behind the purchasing trust is unknown.
2. 515 Jackson Blvd., Belle Meade, 37205
Buyer: Michael Sontag, trustee
Sell price: $2.5 million
Seller: Mary Elizabeth Franklin
Seller’s agents: Lawrence Lipman, The Lipman Group/Sotheby’s International; Steve Fridrich, Fridrich & Clark
Buyer’s agent: Steve Fridrich, Fridrich & Clark
What a difference a few blocks will make. Located a few homes down Jackson from Home No. 1, our runner-up sells for “just” $2.5 million. The 7,817-square-foot Georgian on 3.3 acres was built in 1970. Its “large spaces” — presumably this is code for things that aren’t bedrooms and bathrooms — were recently remodeled and updated.
The buyer employed Bass Berry & Sims at- torney Michael Sontag to make the purchase. Sontag is becoming one of the more popular trustees for the Headline Homes set.
3 (tie). 1455 Rozella Way, Gallatin, 37066
Buyers: Joseph and Joelle Frasca
Sell price: $1.55 million
Seller: David K. Stinson
Seller’s agent: Jimmy Morris Stinson, Lakeshore Properties
Buyers’ agent: Mark Scott Flick, Lakeshore Properties
In the gated section of the now-officially on-the-rebound Fairvue Plantation in Gallatin, this 4,600-square-foot home sits on a half-acre lakefront lot. It includes a large covered porch, cherry floor, Sub-Zero appliances and all manner of neat bathroom accessories — heated tile! Steam shower! Free-standing tub!
3 (tie). 802 Foster Hill, Nashville, 37215
Buyers: Greg C. and Jeannine Adams
Sell price: $1.55 million
Seller: Williams Partners GP
Seller’s agent: Beth Molteni,Fridrich & Clark
Buyers’ agents: Paulette L. Gayden and Julia R. Jackson, Zeitlin & Co.
This Abbotsford home was custom built by Hilton Wickham and designed by Terry Bates. That was enough, apparently, to convince the Adamses to pay nearly 92 percent of the original asking price despite the home being on the market for six months.
3 (tie). 9262 Carrisbrook Lane, Brentwood, 37027
Buyers: Christopher B. and Jill M. Thomas
Sell price: $1.55 million
Sellers: Brandon K. and Caroline C. Jenkins
Sellers’ agents: Susan Gregory and
Lisa Culp Taylor, Bob Parks
Buyers’ agent: Aaron Armstrong, Keller Williams
The final of the trifecta of homes hitting the strangely specific $1.55 million price point, this home was completed in 2011. It has 6,512 square feet and 16 rooms, including his-and- her bathrooms and a wine room.
Christopher Thomas is a local internist. Brandon Jenkins is the owner of Grove Park Construction.
6. 221 Deer Park Circle, Belle Meade
Buyers: Stephen W. and Angela Rzasnicki
Sell price: $1.35 million
Seller: Richard F. Bryan
Seller’s agent: Richard F. Bryan, Fridrich & Clark
Buyers’ agent: Courtney Cooper Jenrath, Fridrich & Clark
Built in 1923, this “architecturally interesting” home (pictured above) was “renovated to the studs” 12 years ago. It’s two stories with 10 rooms across its 4,071 square feet on Deer Park Circle.
Bryan was the owner-agent of the sale.
Mr. Rzasnicki is the senior vice-president at Raymond James.
7. 4535 Wayland Drive, Nashville, 37215
Buyers: Ben A. and Christina W. Burns
Sell price: $1,338,600
Seller: William Witherspoon
Seller’s agents: Rita Starling Puryear and Trudy Byrd, Fridrich & Clark
Buyers’ agent: None of record
This Cape Cod on Wayland sits on more than an acre in Forest Hills, and in addition to all the bells and whistles, it has “an exceptional backyard” and a “back yard perfect for pool” and a backyard that has “room for expansion.” This must be the best backyard in the city. Seller Witherspoon is the owner of Shire Gate Farms, a sustainable beef ranch located near Owensville, Mo. In his spare time, he played linebacker for the Tennessee Titans.
Ben Burns is a commercial real estate agent at Cushman & Wakefield|Cornerstone.
8. 4001 Estes Road, Nashville, 37215
Buyer: Blue Sky Trust, Dwight P. Wiles, trustee
Sell price: $1.295 million
Sellers: William M. and Charlotte V. Gavigan
Sellers’ agent: Keith Merrill, Worth Properties
Buyer’s agent: None of record
This home — the Gossett Barn — was, after being built in 1937, a popular meeting place for catered events in Nashville. It has since been renovated into a private residence promising “Leiper’s Fork in the heart of Green Hills.”
It has “organic” details throughout: copper, stained concrete, mahogany, granite and the original beams.
As a bonus, the Blue Sky Trust gets the next-door lot as part of the buy.
9. 5439 Leipers Creek Road, Santa Fe, 38482
Buyer: Mark Gingles
Sell price: $1.15 million
Sellers: John F. and Lynne M. Stockinger
Sellers’ and buyer’s agent: Chuck Simpson, Village Real Estate Services
This is the first ever Headline Homes appear- ance for the small Maury County town of Santa Fe (that’s with a long-E at the end; this ain’t New Mexico).
The 176-acre farm backs up to the Natchez Trace and includes two homes, a six-stall barn, a shop, a machine shed, a cattle barn and pens, and a year-round creek.
That all, no doubt, appealed to Gingles, the owner of Cumberland Transit, a popular bicycle and outdoors outfitter.
10. 5512 Iron Gate Drive, Franklin, 37069
Buyer: Bryan T. Fisher Sr.
Sell price: $1.13 million
Seller: Lesley Properties
Seller’s agent: Ted Pins, Village Real Estate Services
Buyer’s agent: Charmaine Hunt, Pilkerton
The unfinished basement on this Laurelbrooke home would make a nice house on its own at 2,632 square feet. On top of that spacious basement are four bedrooms and four bathrooms spanning more than 6,600 square feet. The home features a stone fireplace in its two-story family room and an elevator shaft (no elevator).
Fisher is a vascular surgeon.
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