The singer recently bought a log cabin on 32 acres of land along a river, about an hour south of Nashville. (Added bonus: Jason Aldean is a neighbor!)
"I've never been the type of guy that's ever needed a lot of things or any fancy things, but my lifelong goal has always been to have a piece of land and a house," Farr tells PEOPLE Country. "Now that I have my little country palace out there – well it's not a palace, it's only 2,200 square feet – but it is a dream come true for me. I've worked hard to get to this point and have been very blessed."
Courtesy Tyler Farr
The house-hunting process was not only short and painless, Farr says, but he felt that fate also intervened.
"I had been to this house about five years ago with a couple of songwriter buddies of mine and just fell in love with it. I remember thinking, man I would love to have a place like this someday, it's like my dream home," he recalls. "Well, now that I happened to be looking, the guy that owns it was looking to sell. It's funny how things lined up. I went and looked at it again and was sold!"
Though Farr, who's single, admits he's looking forward to throwing his fair share of parties, he's not installing any stripper poles.
"It will be a bachelor pad, but I'm going to try to keep it fairly classy," he says. "I'm just going to go with a rustic, kind of lodge, vibe. I can't wait to have a big ol' housewarming party!"