Residential Property

For Sale: Georgia’s Chinquapin Plantation

With six ponds, a kennel, and multiple dwellings in the Red Hills Plantation Belt, Georgia’s Chinquapin Plantation is a superb Thomasville-area estate with 1,318 acres that include more than five miles of the Ochlocknee River. Located approximately four miles from

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Posted in 2010 Winter, Feature, Hunting, News Desk, Residential Property

Bank of America Buys Kluge’s Virginia Estate

Bank of America paid $15+ million for Patricia Kluge’s legendary Virginia horse country estate at a foreclosure auction on the steps of the Albemarle Circuit Court House in February. The lender filed a foreclosure lawsuit last month after Kluge defaulted on

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Posted in Auctions, Bankruptcy, Developers, Equestrian, Feature, News Desk, Recreation, Regional News, Residential Property, South

Harry Patten Honored By Horatio Alger Association

“Let me tell you a story.” It’s the signature line of real estate pioneer Harry Patten (shown here with much of the Patten clan). No matter if he’s addressing industry leaders, encouraging his companies’ managers, or explaining business fundamentals to

Posted in Developers, Feature, Recreation, Residential Property, Timber, Topics

Ask the Expert: Andy Smyth

Andy Smyth is a straight-speaking man, runs a great brokerage business in Idaho, and has become a good partner with The Land Report. Andy recently told me that after experiencing a downward period in the land market the likes of

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Posted in Cattle, Eddie Lee Rider, Farming, Feature, Hunting, News Desk, Recreation, Regional News, Residential Property, West

Sold! Steamboat’s Perry Ranch

A well-known Rocky Mountain landmark, Colorado’s 470-acre Perry Ranch, sold for $11 million ($23,000+ per acre). The sellers paid $13 million for the Routt County ranch in 2007 intending to improve it and then market it as a conservation development

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Posted in Cattle, Conservation, Developers, Feature, Hunting, News Desk, Recreation, Regional News, Residential Property, Topics, West

Sold! Montana’s Yellowstone Club Goes for $115 Million

CrossHarbor Capital Partners LLC paid $115 million to buy Montana’s Yellowstone Club out of bankruptcy court yesterday. The Boston-based private-equity firm agreed to pay $35 million in cash and assume $80 million in debt owed to Credit Suisse. CrossHarbor will also infuse up

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Posted in Bankruptcy, Developers, Eric OKeefe, Feature, Golf, News Desk, Recreation, Regional News, Residential Property, Timber, West

Texas Senate Tackles Eminent Domain

Four years after the Supreme Court handed down Kelo vs. New London, eminent domain reform continues. Earlier this month, the Texas Senate passed an amendment that would make it harder for the government to seize land from private landowners via

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Posted in Developers, Federal Policy, Grant Gannon, Public Land, Residential Property, Taxes

For Sale: 1.2 Acres for $12.5 Million

Every now and then, a listing comes along that is a flat-out jaw-dropper. Some, like the Bell Ranch at nearly 500 square miles, defy comprehension because of sheer size. At 186′ x 300′ this residential lot in the Dallas suburb

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Posted in Eric OKeefe, Feature, News Desk, Regional News, Residential Property, Southwest, Topics

Sold! Utah’s Promontory Club

Yet another twist to a story we’ve been covering out of Park City, Utah. Last year, the Pivotal Group, developers of the 7,200-acre Promontory Club, threw in the towel and sought bankruptcy protection. At stake was more than $350 million

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Posted in Developers, Eric OKeefe, Feature, Golf, Recreation, Residential Property, West

For Sale: Montana’s Sun Ranch

The jury is still out on my definition of dream property, but I’ll tell you this: Montana’s Sun Ranch is definitely in the running. Nestled on 18,000 acres just outside of Yellowstone National Park in the Madison Valley, the Sun

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Posted in Conservation, Developers, Equestrian, Feature, Hunting, Montana, Public Land, Recreation, Residential Property, Timber, Water

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