According to the Hendersonville Standard, the 4.5 acre lakefront property was purchased on January 7 of this year by Cristan and Tina Blackman with plans to rebuild on the historic site. It’s the just the latest development in a saga that has included nearly six decades of twists and turns, bringing hope that the property will finally be put to good use.
Once the site of a gorgeous 14,000-square-feet home which featured a prime view of Old Hickory Lake, round rooms stretching 35-feet across, unique architecture and bonuses like a guard house, swimming pool, tennis court and covered boat dock, Cash bought the home from builder Braxton Dixon in 1968. He and June lived there until their deaths in 2003, and it was then bought by Barry Gibb of The Bee Gees for $2.3 million in 2005. Tragically, the home burned to the ground while renovations were underway in 2007, and the site sat unused for years.
In 2014, Texas businessman James Gresham bought the property for $2 million with plans to build a high-end treatment center for patients struggling with eating disorders — but it never got off the ground due to concerned neighbors. According to the report, the Blackman family plan to build one home (even though the property is zoned for up to four), and have a deep respect for the place’s history.
“It’s such a majestic piece of property,” said Cristan Blackman, a local hedge fund manager who grew up in the area. “My wife and I are honored to own it.”