crantzdorf estate

Crantzdorf Estate Uninsured Against Fire

Filed under: Estates

People have been commenting on the fire that hit the Crantzdorf estate in Tennessee, a former estate of the day, this weekend on the original post but I decided to repost when reader Susan led me to the article that says Steve and Ashley Grindstaff, the owners of the home, won't get any insurance money to repair the home. Steve Grindstaff is quoted in the Kingsport Times News as saying that he is self insured and "won't get one dime of insurance" for the estate which was listed at $28.5 million. The home was severely damaged in a fire after a lighting strike hit a copper beam in the turret of the castle-like home's tower. The copper beam conducted the lightning through the top floor of the house and striking the water main. The top floor has fire damage and the lower floors were soaked with water. The Grindstaffs, who own several car dealerships, reportedly were finally set to close on the house this week. They plan to rebuild as quickly as possible.

Gallery: Crantzdorf Estate

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Tags: crantzdorf estate, CrantzdorfEstate, grindstaff, tennessee

Crantzdorf Estate, Estate of the Day

by Deidre Woollard (RSS feed) —

Filed under: Estates

Today's estate is one of those elaborate fairy tale homes that requires a lot of money and a certain type of buyer. This castle-style home in East Tennessee took over 10 years to create. It is over 20,000+ sq. ft. with 21 rooms including nine bedrooms. The rooms keep the theme of the exterior combining both antique pieces and new furniture on a grand scale. The fountain and doors and fireplaces are antique as well and the home includes handcast moldings, Italian marble floors and stained glass. There is a large home theater, indoor basketball court, large pool and a replica of the Bristol Motor Speedway complete with six cars. The home sits on 13 acres on Boone Lake and has lake access containing a boat house and gazebo. It is listed at $28.5 million.

Experience more lush living in luxury homes and mansions or see the stars living large with celebrity homes galleries at AOL Real Estate.

UPDATE: This home caught fire on January 10 and suffered major damage.

[Thanks, Rob C!]

Gallery: Crantzdorf Estate

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Tags: crantzdorf estate, CrantzdorfEstate, estate of the day, EstateOfTheDay, johnson city, JohnsonCity, tennessee

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