Dave Ramsey, who offers personal financial advice to listeners across his 600-station radio network and via his counseling services, has listed his massive 13,500 sq. ft. Franklin, Tennessee mansion for $15,450,000. Ramsey, who filed for bankruptcy in 1988, says the process of going through the mess created by his disastrous financial choices and looking to his future is what snapped him out of it.
“Never again will we borrow money,” Ramsey said of his 1988 situation. “Never again is American Express going to call my house and ask my wife why she would stay with a man that won’t pay his bills. And yes, they did do that. And I was a very mad redneck.”
Now it’s 2021, and Ramsey is looking to cash in on a blazing hot metro Nashville housing market. He and his wife, Sharon, built the home in 2009 after purchasing the property for $1.6 million, according to the Nashville Business Journal.
From Ramsey’s realtor Kelly Gammer of Broker with Capital Realty Group, Llc:
Total of 14.38 acres 2 buffer lots & fully furnished. Seriously amazing sunsets & view! Unicorn home in unbelievable central & secluded gated neighborhood perched at 1, 150′ elevation, close to 14,000 sf of living space & over 6,000 sf of covered porches, garages, storage/mechanical/attics. 3 garages fitting total of 8 cars/toys. Warm designer home w flowing floorplan & tons of features/custom details. 3 staircases, elevator, 5 fireplaces, smart features, private gate & fully fenced.6 Bed;7/2 BA.
Look at the photos. Look at your bank account. I’m not sure what Dave’s stance is on mortgage loans, but you better be able to pay your American Express bill after buying this house or Dave’s going to destroy you on the radio.
I’m also not sure what Dave’s stance is on buying coffee at Starbucks, but there’s one 4.5 miles from the house. Costco’s about the same distance. Whole Foods is just three miles away, for those who need their cucumber water.
While we don’t get a look at the inside of Dave’s house in the real estate listing, it’s clear this place is nice. Clay should buy it so I can visit for a month and live above the garage and golf after half-days of blogging.
Mortgage: $52,000 or so a month, according to Realtor.