There is life out there for this Nashville-area mansion formerly owned by Reba McEntire. The 12,816-square-foot estate in Lebanon, Tennessee just sold to Deron Lichte, CEO and owner of Food Warming Equipment Co. (FWE)—and he's turning it into a venue that you can book for and more!
The newly named , coined because of the lakefront property's nickname, "Starstruck Farm," consists of Reba's colonial-style house, a guest home, pool and pool house, tennis court, eight-car garage, and five-stall horse barn.
There are also already plans to add a covered outdoor pavilion. Lichte, who relocated his business from Crystal Lake, Illinois, to Tennessee in 2013, hopes that the house will host high-end events like galas, , fundraisers, and (with overnight accommodations for 15 guests).
"As soon as I saw the property, I immediately fell in love," Lichte said in a . "It's such a unique and beautiful home, and thanks to Reba's efforts, it's truly an iconic piece of real estate. I am excited to share Starstruck with the public and to witness some of the incredible experiences that I know will be created on this property."
The estate has an interesting backstory that had some people calling it a "real estate tragedy." After splitting with her ex-husband, TV producer Narvel Blackstock, the country star put the property on the market for $7.9 million—but nobody bit for a full year.
Finally, this summer, Reba sold all 83 acres to a real estate developer for $5 million. The developer, Paul Burch, then divided a portion of the land into 15 smaller lots, on which he plans to build new houses to sell for around $140,000 per home, reported.
Reba's house at 175 Cherokee Dock Road, this time with a fraction of the original number of acres, went back on the market for $2.95 million, and that's how it landed in Lichte's hands. The Wilson County's board of zoning appeals to turn the estate into an event space with a bed-and-breakfast component. For , the buyer gained the mansion and 13 acres, and he reportedly has access to an additional 4- acres of Army Corps of Engineer land.
The website is already up and accepting .