Recreation

Sold! “Nicest Lakefront Property in East Tennessee”

Update: According to Chip Miller of NAI Knoxville, the Fort Loudon Lake property sold Saturday morning for $26.5 million to Bryan Testerman of Testerman Construction. That’s $54,000 per acre. Additional details to follow. Original Post: Nearly 500 acres just outside

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Posted in Auctions, Developers, Farming, Feature, Recreation, Residential Property, South

Developer’s Diary: Canyon Ridge

When Mike Plant first set foot on the 5,700 breathtakingly beautiful acres of Northern New Mexico that would become Canyon Ridge, he knew he had found a gem. “I’m blessed, I’ve been around a lot of beauty, and anyone who

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Posted in Conservation, Developers, Eddie Lee Rider, Feature, News Desk, Recreation, Topics

Florida: “It’s Almost Like a Fire Sale”

A University of Florida study has put a staggering number on just how badly the economic crisis has impacted rural land values in the Sunshine State. The study concludes that land values plummeted upwards of 55 percent in 2008 from

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Posted in Developers, Farming, Feature, Federal Policy, Florida, Recreation, Residential Property, South, Taxes, Texas

For Sale: Lance Armstrong’s Texas Ranch

Apparently retirement was just too boring for Lance Armstrong. The seven-time Tour de France winner ended his hiatus from cycling earlier this year and is currently in training for a shot at his eighth Tour title later this year. (Although

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Posted in Conservation, Farming, Feature, Grant Gannon, Recreation, Residential Property, Southwest, Water

Billion-Dollar Everglades Sale Drastically Downsized

Florida’s ambitious Everglades restoration plan has been drastically scaled back, a victim of the economic recession. Originally slated to be a 187,000-acre, $1.75 billion deal when announced in June 2008, the deal has gone back to the drawing board on

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Posted in Conservation, Eric OKeefe, Farming, Feature, Magazine, News Desk, Recreation, Regional News, South, Topics, Water

CNL Acquires Jiminy Peak

Two months ago, CNL Lifestyle Properties snapped up Crested Butte, Okemo, and Sunapee for $132 million. Now the Florida-based real estate investment trust has acquired another ski resort, spending $27 million for Jiminy Peak. Here’s the press release:

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Posted in Eric OKeefe, Feature, News Desk, Northeast, Recreation, Regional News, Topics

Jeff Gordon to Sell Aspen Ranch?

The Aspen Times is reporting that four-time NASCAR champion Jeff Gordon is under contract to sell his 2,000-acre Aspen ranch. The buyer? John MacDonald, a Dallas developer who created the Dallas National Golf Club. According to the report in the

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Posted in Conservation, Eric OKeefe, Feature, Golf, News Desk, Recreation, Regional News, Residential Property, Topics, West

Plum Creek Completes First Phase of $150 Million Montana Timber Sale

The nation’s large private landowner — Plum Creek Timber (NYSE:PCL) — took the initial step towards completing the sale of an estimated 130,000 acres of Montana forestlands last week. In the first step of a three phase plan, the company received

Posted in Conservation, Equities, Eric OKeefe, Feature, News Desk, Public Land, Recreation, Regional News, Timber, Topics, West

Brazil to Issue Deeds to Thousands of Landowners in the Amazon Basin

Brazilians have long feared that foreigners were exploiting great expanses of the Amazon River Basin, a story we covered earlier this year when the Brazilian government began to investigate unlawful land sales to overseas interests. Now the country has established

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Posted in Cattle, Conservation, Energy, Eric OKeefe, Farming, Feature, Hunting, International, Minerals, News Desk, Recreation, Regional News, Residential Property, Timber, Topics, Water

More Details Emerge on the Crested Butte Mountain Resort Sale

Last Friday’s sale of Colorado’s Crested Butte Ski Resort, part of a three-ski-area package acquired by CNL Lifestyle Properties from Triple Peaks LLC for $132 million, marks the second change in ownership for the Gunnison County landmark in less than five years.

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Posted in Eric OKeefe, Feature, Golf, News Desk, Public Land, Recreation, Regional News, Residential Property, Topics, West

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