Impressive equestrian facility for sale

Where is it (as in, off what main road)?

*edited to add - interesting article:

http://www.washingtonpost.com/wp-dyn/content/article/2007/10/05/AR2007100502503.html

Great article, Virginia Bred!

I acquired a copy - its right near me - several years ago of the proposed development plan for North Wales (and its then 4,000+ acres) from the late 1960’s.

Complete with engineering drawings, economic studies, proposed community outline, et al it was enthusiastically pitched as the future for what slowly much of Loudoun County communities have become in the 40-years since: dense housing.

Thankfully nixed, then the Disney America plans a couple decades later, it was a turning point in the area’s future. The current owner of NW has done a solid job of restoring, expanding, and preserving the property.

Bing’s birds-eye view with their mapping feature

[QUOTE=Glimmerglass;5326607]
Isn’t that where Michael Gill ran his operations out of? I’m sure the place is haunted from the dubious acts conducted there on many equines. I say burn it to the ground and bring in a priest for good measure to try and bless the earth again.

Give me North Wales and I’ll be delighted :slight_smile:

Someone mentioned the former Pete Bostwick estate in Otsego, Co. NY in what I can only say is a bizarre plan the listing agents have increased the price from $995k to now $1.6M. Good luck with that plan in 2011![/QUOTE]

Yes, Elk Creek was MG’s house of horrors.

And like so much of HM’s dealings as of late there is unpaid debt in his wake …

Jan 28 2011 Virginia Gazette “Colonial Williamsburg to foreclose on Carter’s Grove”

In a message sent out about 4:30 p.m., President Colin Campbell said Carter’s Grove LLC “has failed to make on time the final two payments due on its mortgage obligation” and is “in default under the terms of the mortgage financing.”

The process, Campbell added, “is intended to end with a public auction of the property.” That auction is scheduled for Feb. 15 at the Williamsburg-James City County Courthouse.

The Hook 1-28-11 “New foreclosure: Williamsburg to auction Halsey Minor mansion”

The Gazette notes that West Coast resident Minor, who has been named California’s greatest tax delinquent, also owes back taxes on Carter’s Grove.

Last week, an Atlanta-area court ruled against Minor on all counts in litigation between him and his lender on the Landmark, a proposed 101-room luxury hotel in Charlottesville. Although Minor may appeal, the ruling could pave the way for completion of what has been widely seen as an unfinished eyesore towering over the Downtown Mall.

Ironically this will be the 2nd big Virginia estate courthouse auction of that week: Ms. Patricia Kluge’s Albemarle House will be auctioned the next day:

Creditors have slated February 16 as the day that Albemarle House will be sold on the steps of the Albemarle courthouse, the owner of the Georgian mansion allegedly in default on the nearly $23 million mortgage.

And some shockingly still think that HM could be a savior for horse racing with him bidding on race tracks. Right.

Wow.

Ha! My horse came from North Wales!

I also noticed in this week’s Blood Horse that Padua Stables in Ocala is for sale…
Asking price $35,000,000. Maybe the Sanans want to downsize. It’s over 760 acres. The listing is on www.joanpletcher.com

Padua’s FL farm has been on the market for well over 2 years now. He’s culled a lot and moved to Lex.

Whoa, I didn’t know about how far Pat Kluge’s fortunes had fallen, guess I always picture her from the go-go 80s :eek:

Love this:

And for a woman who in her pre-winemaker days was frequently described as a socialite, Moses chooses an unexpected film character to compare her to: The Black Knight in “Monty Python and the Holy Grail”, who continues to fight even after his arms and legs are hacked off.

Says Moses: It’s a mere flesh wound. 

Halsey Minor wrote a rebuke to the Colonial Williamsburg claims with Carters Grove Feb 3, 2011 in the Virginia Gazette. As expected he’ll use the courts to shield any attempts to remove him from ownership. In typical HM style he’s also peppering the comment section with his jabs at those who voice disagreement.

Colonial Williamsburg cannot sell Carter’s Grove on the courthouse steps, as dramatic as that may sound. It is owned by me as a corporate entity, Carter’s Grove LLC. By putting it into bankruptcy I would stop Campbell’s courthouse fantasy, so the story in the memo is pure fiction.

Why would I put Carters Grove into bankruptcy? It’s the only course of action that can potentially rid this historic treasure of the single most destructive action ever taken by any historic preservation organization …

The Daily Racing Form also on Jan 31st covered the news: <a href="[url=“http://www.drf.com/news/halsey-minor-faces-auction-property-foreclosure”>Halsey Minor faces auction of property in foreclosure

[QUOTE=Glimmerglass;5388646]
Ironically this will be the 2nd big Virginia estate courthouse auction of that week: Ms. Patricia Kluge’s Albemarle House will be auctioned the next day.[/QUOTE]

While Bank Of America (the mortgage holder - 3 different loans) of Albemarle House did win back the property @ $15.26 million - the loans total $22.82M - the interesting twist is the losing bidder: Donald Trump. And he views this as just one battle in the war.

C-Ville Feb 16, 2010 “Donald Trump makes bids for Kluge properties clear”

Trump reportedly has the right of first refusal on Albemarle House via an interest in a 200-plus acre tract of land currently held in the John W. Kluge, Jr. Trust.

Trump is now sitting on the sidelines with his advisers (including Skadden, Arps, Slate, Meagher & Flom) trying to work out a deal to acquire the property from the bank. The real estate mogul and television personality already has an agreement to acquire the 200-acre lot, and is working on a deal for the winery.

Maybe he’ll want to get into steeplechasing :smiley:

By the way the Court House action of Carter Grove was canceled for now. As expected Minor filed for bankruptcy with the holding company and it halted the delinquency auction.

Almost six years after it last sold ($3.395M) Ashleigh is back on the market. The Delaplane, Virginia (Fauquier Co) property listed for $3.950 this was previously home to the revived Manhasset Stable of the Whitney family.

The Manhasset Stable was the nom de course for the racing outfit established in the early 1930s by Joan Whitney Payson. She named the stable for Manhasset, New York where she grew up. Her daughter, Sandra Helen Payson of Delaplane, Virginia, began using the name again during the mid 1970s when she became involved in racing. Eddie Gregson trained for Sandra Payson’s racing stable on the West Coast of the United States and on the East Coast, James E. Picou and later, Nick Zito.

The stables ceased and the property put on the market after the 2004 death of Sandra Payson - whose late mother Joan Whitney Payson owned Greentree Stables on Long Island and Saratoga Springs, NY plus the NY Mets.

Built circa 1840, the Greek Revival manor house was originally home to Margaret Marshall, the granddaughter of Chief Justice John Marshall, and was built on land she was given from the family’s Oak Hill estate.

Video of the property from 2005 prior to it’s sale that same year

Well I’ve been there a lot at night but even in the daytime I felt like I just wanted to get the heck away from the place. It gives me the creeps. People want to walk all over and see what it’s like in there, I don’t, I want to go. I just wanted to get the cats out. I was trapping the cats that were left behind. The place is very creepy. I’d love to see it go, what a shame. There’s nothing pretty about the barn, it’s a plain jane barn, not even large stalls except for the broodmare stalls for foaling. The grounds aren’t attractive either, but the land is great, nice piece of property made ugly. It didn’t look this unappealing when the first owner had it and I had a tour when it was new.

There are more cats on the property and they will breed again and again but I took as many as I could trap. The last cat I trapped is running around my house, she was spayed a couple weeks ago. So that’s one less breeding cat. She’s sweet too. There are 2 more nice cats from there at my farm, one is deaf, a gray cat with a charming personality. She needs to live indoors but her buddy should go with her, she’s too shy to be a barn cat.

I hope that property sells soon. Now that spring is here’s it’s starting to look more appealing from the road at least. The one attractive feature is the training track, but I would rather gut the interior of the barn.

In case anyone complains about property taxes just look at the aforementioned North Wales in Warrenton, VA at $91,485/yr, presently. Upon sale - far above original purchase - it likely will only go up.

Sure taxes in Westchester Co. NY put that $91k to shame, but that’s a lot on top of the annual insurance, upkeep/maintenance, etc.

A slew of big estates in Virginia’s Loudoun - Fauquier hunt area have been put on the market in the last couple of months. If anyone ever wanted to the local squire with a grand old mansion, stables, paddocks and the rest here is an opportunity :wink:

Examples …

Canterbury, 373 acres, Warrenton, VA @ $14.5M (last sold 2005)
see also for Canterbury

Bolinvar, 327 acres, Middleburg, VA @ $12M (last sold May 15 2008)
see also for Bolinvar

Lexington’s Black Diamond on Paris Pike sold. Original list price $14M, last at $5.9M No idea of the actual sell price.

http://www.justicerealestate.net/properties.php?page=3

[QUOTE=ThisTooShallPass;5701286]
Lexington’s Black Diamond on Paris Pike sold. Original list price $14M, last at $5.9M No idea of the actual sell price.

http://www.justicerealestate.net/properties.php?page=3[/QUOTE]

I know the man who bought it…we’ve asked him to let us come look at it once he has possession of it. Just want to see the inside in person :slight_smile:

Oooooh does he need a Horse Nanny??? :winkgrin:

[QUOTE=bugsynskeeter;5701337]
I know the man who bought it…we’ve asked him to let us come look at it once he has possession of it. Just want to see the inside in person :)[/QUOTE]

Can you be the overly-ridiculous one and bring a camera with you? :smiley: