Clinton, Anderson (AP) -- A move to turn the mansion of former tennessee banking magnate jake butcher into an assisted living center has been rejected by Anderson County officials.
The Board of Zoning Appeals voted unanimously against the proposal to make the estate called Whirlwind into apartments for elderly people. The house contains 22,000 square feet of living space and sits on Melton Hill Lake.
Neighbors in the upscale Whirlwind Pointe subdivision say the plan would have lowered their property values and created unwanted traffic.
After the collapse of Butcher's banking empire and his guilty pleas to criminal charges, his mansion was sold and carved into five condos.
Over the last year, developer Charlie Hicks of Knoxville bought the condos and put the house on the market, priced at just under $3 million.
Jake Butcher was paroled from prison in 1992 and moved away.
Copyright 2006 by the Associated Press. All rights reserved.