Kelly Clarkson's Nashville Real Estate Blues

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Pop sensation Kelly Clarkson was the first winner of "American Idol" to hit major stardom, but she's not the first celeb to take a loss on her home. The Grammy-winning singer recently listed her Nashville manor for $1.45 million, slightly less than the $1.49 million she paid in 2007.

Referring to the asking price of Clarkson's modest-looking stone abode, Perez Hilton writes on his blog, "Would U pay $1.5 million for that?!" Despite its unassuming appearance from the street, Clarkson's 4,900-square-foot-home has five bedrooms and six bathrooms (see the size in a bird's eye view). It's also located in one of Nashville's ritziest enclaves, Belle Meade, where the median sales price is $420,000, according to data from Trulia.com.
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Public records further reveal that Clarkson's asking price isn't that off the mark. In 2009, the market value was accessed at $1,390,800. And since taking possession of the property, the pop star has reportedly made some improvements, such as installing new landscaping and window treatments, adding stainless steel appliances to the kitchen, and tweaking the hue of the hardwood floors. (Read on to see photos.)

But it doesn't appear -- even with a fifth album due out in early 2011 -- that Clarkson will be long for Music City.That's because the starlet makes her full-time residence at a country estate in Fort Worth, Texas when she's not out on the road. Close to the small town where she was raised, Clarkson owns three-story ranch she calls her "sanctuary" that's situated on more than 50 acres.

With her Nashville crash pad of three years, there are fewer sentimental attachments: Clarkson only lived in the Belle Meade manse occasionally (she originally purchased it in the name of her former manager) and moved out before the place hit the selling block.

See other homes for sale in Nashville, TN at AOL Real Estate.
See homes for sale in Fort Worth, TX at AOL Real Estate.

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