This home is on the market for $300K less than one country star and his wife bought it for in 2005. Times are tough, even for the rich and famous. Originally put on the market in 2008 for $2.95 million, this five-bedroom, five-bathroom Nashville mansion is now going for just $1.6 million.

It's been empty for years, as reports are that the famous couple relocated at the time of the initial listing for a new house worth $2.725 million. The actively listed, 8,500 square foot home includes a huge lot, fully renovated kitchen with granite countertops, a theater-style entertainment room and overall architecture inspired by Thomas Jefferson's Monticello. Click the button below to see more pictures of this house and to find out who bought it.