Country Legend Auctions Off Williamson Co. Home - NewsChannel5.com | Nashville News, Weather & Sports

Country Legend Auctions Off Williamson Co. Home

Posted: Updated:

NASHVILLE, Tenn.- Country legend George Jones has battled alcohol abuse, a recent health scare and now he's taking on the troubles of the real estate market at his Williamson County estate.

On Saturday Jones held an auction for his 78 acre home. Unfortunately the auction didn't go as well as he had hoped.

It seems selling his house hasn't come as easily as writing a number one country song. Jones attempted to auction it off, but in the end he refused the low bid offers from a crowd that included real estate agents, developers and some who were just George Jones fans.

Just last year the property in the Nestledown Farms subdivision was listed for $15.5 million. It then dropped to $10 million and when that still didn't sell, he took his home to the auction block. Even with a name like George Jones attached sprawling estate the total bidding for the property which was split into 5 parcels was less than $2.5 million.

"At the end of the day being a special property for a famous person that's neat, but at the end of the day this has to be a property that someone wants to live and enjoy," said Craig King with JP King Auctions.

Most in the crowd Saturday had no interest in living in the house, they bid on all the parcels except the one with his actual house. Some said it seemed like they were more interested in the potential in the valuable property that surrounds the home.

In the end Jones said no thank you to the bidders. Auctioneers said they are still talking to interested parties, including celebrities, in 18 different states.

Powered by WorldNow
Powered by WorldNow
All content © Copyright 2000 - 2014 NewsChannel 5 (WTVF-TV) and WorldNow. All Rights Reserved.
For more information on this site, please read our Privacy Policy and Terms of Service.