24/7 Wall St.

Country singer Reba McEntire’s mansion at 175 Cherokee Dock Road, Lebanon, Tennessee, was sold in 2016 by her and her former husband, Narvel Blackstock. The new owner has put the house on the market again, probably in an attempt to flip it after the development of a portion of the property that was part of the first sale.

The new price is $2.95 million. It has seven bedrooms, five baths and two half-baths as part of a 12,819 square foot complex that sits on 7.88 acres. The house is located in a wealthy area northeast of Nashville, on the Cumberland River near Gallatin. The river has essentially become a lake because of damns set for flood control and electricity generation.

Lebanon is relatively small, with a population of just over 32,000. A little over 81% of the population is white. About 13% is African American. Although there are a small number of multimillion-dollar homes in Lebanon, particularly on the river, its average household income is $35,000, nearly $20,000 below the national level.

A real estate map of the area around the house shows homes directly on the water are priced as high as $4.75 million, but that drops quickly into the hundreds of thousands for smaller and much less well-built homes. Real estate well off the water sells for less than $100,000 in some cases.

The listing:

Rare opportunity to own this stunning Waterfront Estate on 7.88 acres w/ a 5 stall barn & guest apartment, tennis court, pool house & boat dock. Privately nestled amongst mature trees & lush professional landscaping this exclusive oasis 40 minutes from downtown Nashville is a boaters paradise, a horseman’s dream & a resort lovers grand retreat!