Country-music superstar Kenny Rogers, planning to live full time on a ranch he's building, has put his Atlanta mansion on the market for $7.9 million.

Kenny Rogers has put his Atlanta mansion on the market for $7.9 million.

This is the 10th house the singer has bought, fixed up and put back on the market. "It's a hobby with me. Once I get finished, owning it doesn't mean anything to me," he says.

Mr. Rogers, 69 years old, and his wife, Wanda, plan to live full time at their 150-acre country estate in Athens, Ga., where he put in a pond and is building a 3,000-square-foot ranch house, two guest bungalows and a barn. Although he still tours about one-third of the year, Mr. Rogers is thinking about retiring. "This may be my last year," he says.

The roughly 9,000-square-foot listed house, built in 1997 in the Buckhead neighborhood, sits on a corner lot on 1 1/2 acres and has six bedrooms, six baths, a pool and a gym. It comes furnished. Mr. Rogers and his wife bought the Italian-style home in March 2006 for $2.8 million and spent $3 million renovating. Among other things, they raised the roof, added landscaping and redid "every floor, ceiling and wall," Mr. Rogers says.

The singer, who had such chart hits as "Lady" and "Islands in the Stream," is also offering a five-acre parcel, a few minutes' drive from his Buckhead house, for $2.9 million. Last June, he bought the lot, then vacant and overgrown, for $2 million. "My boys needed a place to play," he says. He added a playground (for his 4-year-old twin boys), a rock wall, landscaping, irrigation and electricity. Heather Steiner of Atlanta Fine Homes Sotheby's International Realty has both listings.

Sutton Place Deal

An investor group led by fashion trade-show producer Elyse Kroll has sold a townhouse in New York's venerable Sutton Place neighborhood for $30 million, roughly $8 million more than the group paid almost a year ago.

The 41-foot-wide neo-Georgian brick townhouse, on Sutton Square at the end of East 58th Street, is about 10,000 square feet and has 23 rooms, river views, two elevators and a garage. The 1922 building has a grand central staircase and overlooks a private garden.

The limited-liability company bought the property in June for $22.25 million, didn't renovate and sold the house last week to another LLC, says listing agent Brian J. Manning of Brown Harris Stevens. Neighbors include the official residence of the United Nations Secretary-General and architect I.M. Pei. Broker Nicole Ferreira represented the buyers and says the LLC will likely renovate the building for residential use.

Claiborne Ranch Sells

After more than a year on the market and a $1 million price cut, the Montana ranch of the late fashion designer Liz Claiborne has sold for close to its recent $7.5 million asking price.

The buyer is a Florida entrepreneur and the seller Ms. Claiborne's husband, Arthur Ortenberg, 81, who co-founded her clothing company.

About 75 miles north of Missoula's airport, the ranch sits on a private lake and includes a two-bedroom main house of nearly 9,000 square feet, an indoor pool, a guest house, an indoor riding arena and a helicopter pad.

The couple bought the 720-acre ranch in pieces in the 1980s. (Ms. Claiborne died last year at age 78.) William McDavid, of Hall and Hall, had the listing. Gary Kauffman, of Rocky Mountain Habitats Real Estate, represented the buyer.

--Christina S.N. Lewis contributed to this column.

Write to Sara Lin at sara.lin@wsj.com

Kotak Eeady to Pay Rs 600 Crore for Contractor House

Indian Builder Provides Real Estate in Dubai

American Girl Founder Puts Houses on Sale

As Dues Dry Up, The Neighbors Pay