Old Saban house once again under contract

The Highland Road estate that once belonged to former LSU football Coach Nick Saban is once again under contract and set to close by Nov. 15. Quita Cutrer, an agent with Burns & Co. who has the listing for the estate, says an out-of-town buyer plans to purchase the home and 15 acres behind the property that faces Burbank Drive. Cutrer says the buyer plans to keep the estate as a family home and have the adjoining land as “a big backyard.” There had been speculation in the past that the adjoining property could be turned into an upscale subdivision. The 6,412-square-foot home, the 4.5 acres it sits on and the adjoining land have an asking price of $4.8 million. This is the second time this year the Saban estate has been under contract. A deal to sell the property on April 1 fell through because of financing problems. Cutrer says a new buyer is in line to buy the home. “I’m hoping it will close this time,” she says. Jim Tanner bought the home for $2.75 million in 2005 after Saban left Baton Rouge for the NFL. Tanner then exchanged the property in December 2007 before buying the house back in April 2008 for $2.8 million.—Timothy Boone