VOL. 48 | NO. 1 | Friday, January 5, 2024
$4.75M Forest Hills sale sets high bar for amenities
Maile Stover is a real estate broker with Parks whose name consistently appears on high-end, luxury listings, and her sale at 2005 Earlington Drive in Forest Hills is no exception. Listed for $5.295 million, she sold the house for $4.75 million, a record for the street and for the immediate neighborhood.
The largest sale on record on Earlington had been slightly less than $2.2 million, and there have been two sales on nearby streets for $3.6 million, but the $4.75 million is a record.
Ashley Burns of Parks represented the buyer.
This sale is not just another listing for Stover, who was involved in the construction of the house from the ground up beginning over 25 months ago.
Working with interior designer April Tomlin – in collaboration with Rogers Build – Stover says she witnessed it “come to life, brick by brick, stone by stone,” adding she experienced a level of interior architectural expertise beyond her wildest dreams. That’s quite a statement as Stover, also known as Maile Misajon-Stover, has worked with the creative community for most of her adult life.
Born in Southern California, Stover graduated from UCLA and worked in the entertainment community for several years and spent two years in Europe before moving to Nashville, where she recalls she “knew not a single soul.”
Her artistic and design talents have played well into her award-winning real estate career, and awards seem to work their way into her brilliant household as her husband, Jeremy Stover, has was recently honored for having produced four No. 1 songs, three of those for Justin Moore.
The record-shattering home on Earlington Drive was situated on a flat lot that consumes almost an acre and is constructed of stone and topped with a cedar shake roof, which Maile says described as “marrying old world and new Southern traditional style seamlessly.”
The kitchen features double islands overlooking the pool. And just in case a double-islanded kitchen is not enough, there is a second kitchen with double Wolf ovens. That is not a typo, the second kitchen has double Wolf ovens, plus the mandatory Sub-Zero refrigerator.
The bar has been raised for upper-end builders and developers. Your kitchens will need two islands, and the scullery has given way to a second kitchen tricked out better than most homes in Nashville. One kitchen will not cut it going forward, nor will the once vaunted scullery. The caterers will now have their own kitchens to prepare their fares without being crowded into tight quarters.
The primary bedroom is decorated with oak beams and a private terrace, while the bathrooms are sourced marble floors and have custom steel doors. The pool has fountain features, as a home of this quality demands.
And the garage will house three cars. Such homes will soon require spaces for four cars. Just wait.
About five years ago, luxury homes – true luxury homes – already had an indoor kitchen and soon needed an outdoor kitchen, meaning a covered area with a big grill – a really big grill – and a refrigerator, wine refrigerator and wet bar. So that equates to two kitchens for those keeping score at home.
About three years ago the scullery was added, a scullery being what was hailed as a galley kitchen, similar to a galley on a ship or plane. The galley style was often the only kitchen in the house in the 1970s and 1980s and was revered by the homeowners. Now that kitchen is known as a scullery, adding great value – as in sales price – to the home at a small cost as builders could stick a stove, oven, dishwasher and small refrigerator in a small area behind the, shall we say, primary kitchen.
Those houses with sculleries usually have outdoor kitchens, bringing the number of kitchens to three.
Along the way, two-car garages gave way to three-car garages, all with electric car chargers – just because.
The team of interior designer Tomlin, Rogers Build and Stover have set the new standard for $4.75 million homes. Next year, these houses will be more than $5 million, and houses with a paltry two kitchens – one inside and one outside – will become passe.
People ask: “Where is all this money coming from?” and “When will it end?” Anyone claiming to know the answers to these questions isn’t telling the truth. From discussions with multiple Realtors, the money is flowing into the Nashville and Middle Tennessee from all over the world.
It can no longer be tied to California or any other single state, although California might be leading the pack, but individuals and institutions are continuing to invest in the residential real estate in the area.
Since 2004, the joke has been that the crane is the city bird of Nashville, and the skyline has been clouded with cranes for almost 20 years.
Those developers building all of the apartments, condominiums and office buildings are not speculating blindly. As Buffalo Springfields’s Stephen Still wrote in 1966, “There’s something happening here. But what it is ain’t exactly clear.”
Richard Courtney is a licensed real estate broker with Fridrich & Clark Realty, LLC and can be reached at [email protected].