Impressive equestrian facility for sale

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Last time I posed to this thread it was zapped so who knows what I said wrong.

Spring Hill Farm, the former Ned Evans’ breeding operation in Casanova, Virginia on 2,400 + acres dropped from $25 million to a curious if not odd price of $19,020,000.

Adjacent to that farm is a previously mentioned property subject to zoning disputes and recently lost to foreclosure. PNC Bank just put the historic stone property, Melrose Castle,with its 50acres and barn, on the market for $1,500,000. That’s compared to it being last sold in 2006 for $2.4 million. When it was on far more land in the 1980’s Melrose Castle used to host steeplechasing.

Allen Real Estate in Warrenton, VA had a drone-filmed video made for Ashland Farm. Rather cool stuff to see the William Lawrence Bottomley redesigned hunt country estate from above. The former Carhart and infamously Susan Cummings owned farm has been on the market for nearly a decade but is priced right now.

In early August 2013, a 725-acre property near Paso Robles, Calif., that was once owned by Alex Trebek, host of the TV show “Jeopardy!”, returned to the market for $23 million.

Renamed Windfall Farms (former known as Creston Farms), the property is a thoroughbred breeding and training facility and is one of the only Kentucky-style ones in California. It has a broodmare foaling barn, a yearling barn and a training barn with a six-furlong racetrack. According to its website, the property also has a stallion barn that has been home to many racehorses, including Golden Act and Spectacular Bid’s old rival - Flying Paster.

The current owners bought it in 2005 for around $10 million to $15 million from Alex and it was to be developed into an equestrian development of 76 mini-estates. That plan fell through and the whole thing is up for sale.

A 2007 feature on the property from the Cal Thoroughbred Breeders Assoc

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[QUOTE=Glimmerglass;7174849]
Spring Hill Farm, the former Ned Evans’ breeding operation in Casanova, Virginia on 2,400 + acres dropped from $25 million to a curious if not odd price of $19,020,000.

Adjacent to that farm is a previously mentioned property subject to zoning disputes and recently lost to foreclosure. PNC Bank just put the historic stone property, Melrose Castle,with its 50acres and barn, on the market for $1,500,000. That’s compared to it being last sold in 2006 for $2.4 million. When it was on far more land in the 1980’s Melrose Castle used to host steeplechasing.[/QUOTE]

Another hair-cut on Spring Hill Farm as it’s now $18,940,000. So you have that TB farm and the adjacent Melrose Castle on the market … now add Poplar Spring (Inn) also on Rogues Road in Casanova, VA up for grabs. The 172-acre c. 1928 estate with the large field stone manor house and now a spa and additional housing plus a farm is up for a foreclosure auction Nov 4, 2013. With a few structures torn down it could be reverted into a large equestrian property. Way back in the day when owned by the Cutler family (until 1995 or so) they did have an assortment of fox hunts on the estate

[Linny]

Not sure if this one was mentioned on this thread. It’s not too far from me and I’d love to live there. I’m about $800k short… http://www.chathamequestriancenter.com/

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Interesting, Linny, I never saw the previously.

The frequently mentioned but absolutely not moving Spring Hill Farm (former Ned Evans) sprawling estate is now being offered up in pieces. Which is a shame but perhaps the only way to sell a few thousand acres. 865 acres and the primary house and some stables for $7.5 million. Where as the main stable complex is being offed with 588 acres for $4.8 million

Still to be determined what happened was the ‘Absolute Auction’ for October 12, 2013 with Bohemia Manor in Chesapeake City, MD. The 368-acre estate was last sold in 2003 when went out of the family for the first time in 350 years, to Shane Flynn, former vice chairman of MBNA.

The auction wasn’t looking good with big bids or interest on the unoccupied property last listed for sale at $9.8 million. The Baltimore Sun had the backstory on the property last week

The original manor house, which long ago burned down, was most likely surrounded by fortifications to protect its inhabitants from Indian raids.

The present Georgian-style home dates to 1920, when it was built by the Bayard family, who were descendants of the Herrmans. They lived there until 2003, when it was sold to Susan A. and Shane Flynn.

The Bohemia Manor Farm Lane house, which is unoccupied, overlooks 3,600 feet of water frontage on the Bohemia River, with an additional 3,000 feet of water frontage on Manor Creek.

“We’ve had steady interest but not what I thought we would have had. It’ll be a good buy for someone,” said DeCaro in a telephone interview the other day.

Whoever buys Bohemia Manor Farm will also get Augustine Herrman, who lies in a grave on the property. A stone marker says: “Augustine Herrman, the first founder and seater of Bohemia Manor, 1661.”

[rustbreeches]

[QUOTE=Linny;7211468]
Not sure if this one was mentioned on this thread. It’s not too far from me and I’d love to live there. I’m about $800k short… http://www.chathamequestriancenter.com/[/QUOTE]

Okay, I give up. What is the point of the shelf/tv tray thingys in the aisle @ Chatham?

[2tempe]

rustbreeches - only thing I can think of is for brush boxes, etc to keep stuff off the floor?
Not in a fancy location but if you can stand “Great Lakes Gloom” weather, this is absolute auction in a week or so.http://www.certifiedlandauction.com/artman/publish/horse-farms/Eutrophia-Farms-in-Ohio-For-Sale-at-Auction.html

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[QUOTE=Glimmerglass;7174849]
Adjacent to that farm is a previously mentioned property subject to zoning disputes and recently lost to foreclosure. PNC Bank just put the historic stone property, Melrose Castle,with its 50acres and barn, on the market for $1,500,000. That’s compared to it being last sold in 2006 for $2.4 million. When it was on far more land in the 1980’s Melrose Castle used to host steeplechasing.[/QUOTE]

Just reduced yesterday and 39-days after being listed - Melrose Castle drops to $1,399,900 asking … which is $276k below it’s tax assessed value is. PNC Bank wants to quickly exit out of the castle owning business. It was used by both Union and Confederate troops during the War so there is a lot of history with those walls.

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In the UK there is an offering for Kingwood House Stables & Farncombe gallops (link here) which is a noted training yard in the Lambourn Woodlands (Berkshire) for USD $12,777,463

Includes 2 polytrack gallops, 3 grass gallops and 104 boxes. In all about 255 acres of grassland & woodland.

Quite the training facility.

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[QUOTE=Glimmerglass;6523004]
Private farms aside - this is a large farm offering announcement:

DRF Aug 28, 2012: “Vinery properties put up for sale”[/QUOTE]

Sold - DRF Oct 15, 2013: Vinery’s Kentucky facility sold to Chilean company

Don Alberto Corp, a division of the Chilean-based Bethia Holdings, purchased the Tom Simon’s Vinery, Ltd. owned 440-acre Lexington, Ky., property for $13.82 million. The property had been listed on the market for $13.97 million. The sale, which closed last Friday, was first reported by Paulick Report.

Bethia Holdings, chaired by Liliana Solari, includes Haras Don Alberto, a Thoroughbred operation established in 1987 in Los Angeles, Chile. The company also maintains holdings in the wine, health care, and communications sectors, and has an ownership interest in the Club Hipico de Santiago racecourse.

Simon, a former corporate law attorney, purchased Vinery from George and Kay Hofmeister in 1999. The farm was founded in 1986 by Ben Walden, Jr., who sold it to the Hofmeisters in 1998. The farm previously stood stallions More Than Ready, Congrats, Kodiak Kowboy, Pure Prize, Pioneerof The Nile, Maimonides, and Street Hero. Those stallions were relocated to WinStar Farm in Versailles, Ky., prior to the 2013 breeding season.

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If someone wants a trophy property in Virginia’s hunt country not because of the beautiful architecture or magnificent stables but instead of prior owner/occupants then here you go - 1666 Hatchers Mill Road, Marshall, Virginia

The address might not mean much to some folks. The property’s name of Wexford, might but only to a handful of folks. Ok, so the prior residents might ring a bell - JFK & Jackie

$10,995,000 (asking) for the property with its extensive history (and newspaper clippings) here … even President Reagan & Nancy stayed here for a time.

[Linny]

I recently read the book by Mrs. Kennedy’s Secret Service agent. It was cool to see pics to put to the images in my mind as I read the book.

[WhiteCamry]

[QUOTE=Glimmerglass;7214204]
Just reduced yesterday and 39-days after being listed - Melrose Castle drops to $1,399,900 asking … which is $276k below it’s tax assessed value is. PNC Bank wants to quickly exit out of the castle owning business.[/QUOTE]

On the side bar the FPP drops 1 or 2¢ per second.

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Posted back on Apr. 19, 2007

Back on the market - Highland Farms for $19.5 million in Bourbon Co, Kentucky a far cry from what it was pitched for in around 2001/2002.

The stables portion on 417 acres [which was the birth place of Derby Winner Gato Del Sol] is on the market for another $5.2 million or so.

At that time the whole 2,000 acre estate was listed for $40 million to $60 million. (Today the mansion alone is listed on just 270 acres) For the $60 M price tag back then you got “one Kentucky Derby winner - Real Quite, 115 breed mares, 30 barns and 19 other homes” plus the 35,000 sq ft. stone mansion. The property was built by George Hofmeister.

The property has effectively been on/off the market these 6+ years with no takers. In fact it goes back to 2001 when it was first listed on the market. Well, viola it is back formally on the market again

Christies Real Estate Oct 2013 - Highland Farms, Paris KY: $25M with 270-acres

This is the BloodHorse article citing it first being put on the market back in 2001.

According to Crains’ Business in Feb 2013 the property has remained unsold all these years and still owned by Mr. Hofmeister. 12 years on the market is a lot of time

[Glimmerglass]

If you ever wanted the equestrian estate that once belonged to a signer of the Declaration of Independence and the family that built Pimlico race course - you’re in luck. Of course its been on the market for a while.

Folly Quarter Farm, Ellicott City, Maryland came on the market back in 2009 for a whopping $17,000,000. (It sold in 1992 for $2,000,000) - its dropped to $10 million now. Owned by Jonas Cash who has been involved in Maryland racing and the NTRA.

The home was built by the owners of Pimlico, part of the Doughregan Manor Farm, owned by Charles Carroll, signer of the Declaration of Independence. 54+ ac. of pristine pastures, horse barns, guest cottage, pool & tennis, out buildings

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Another interesting Maryland property …

Hartford Hill (c. 1929) in Fallston, Maryland on 57-acres at $5,000,000

One of Maryland’s iconic estates. Constructed in 1929 as the grand vision of S. Bryce Wing, famed horseman and former president of the National Steeplechase Association and Master of the Harford Hunt. 57 acres in total with brick Georgian, 6 car garage, pool, barn and silo, and outbuildings. Soaring ceilings, hand milled staircase, vast bluestone terrace. Architectural details throughout. Exquisite, panoramic views of rolling countryside. An august property of true substance and refinement. The very core of Maryland’s enduring legacy of horse properties. Possible additional 5 densities subject to approval.

Bryce was very good friends of legen (wait for it) … dary horseman and owner F. Ambrose Clark. In fact it was Bryce who offered the famed remarks about Clark in a 1964 issue of The Chronicle of the Horse: [Clark told him] “I’m not a money maker. All I know is horses. Why should I go puttering down in an office to meddle in something that another man can do a hundred times better?”