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Tuesday, May 26, 2009

Just In Case You Have One And Half Million Dollars Laying Around Somewhere, UK Coach Billie Gillispie's Home Is For Sale. Read More.

Gillispie's house goes up for sale
By Beverly Fortune

Here's a chance that doesn't come along very often, to buy a house owned by a University of Kentucky basketball coach.

Former UK coach Billy Gillispie's 11,800-square-foot house in Forest Hill subdivision in Jessamine County went on the market Tuesday for $1.5 million.

"It's a heck of a house for the price," said listing agent Whitney Pannell, a Realtor with Prudential A. S. de Movellan Real Estate.

The house sits on a one-acre lot, and it has six bedrooms, six full baths and two half-baths. Unique features include a circular stone staircase and kitchen cabinets that go all the way to the 12-foot ceiling.

The house was brand new when Gillespie bought it for $1.4 million two years ago. It was fully furnished when he bought it, and Pannell said the coach will probably sell it furnished. ...

Pannell said she didn't know exactly what attracted Gillispie to that particular house except "he wanted some privacy, something big enough for the team. And this just fit the bill."

Pannell has her work cut out for her. Lexington appraiser Ben Campbell said in the last twelve months, just three houses listed on multiple listing service have sold for a million dollars or more in Jessamine County. There are 22 on the market.

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