Huge $33M Virginia Property With Golf Course Is Most Expensive New Listing



realtor.com



An enormous property in Amherst, VA, spanning almost 1,000 acres and including a Sam Snead–designed golf course is this week’s most expensive new listing on realtor.com®. The price? A steep $33 million.

“It’s really a magnificent property,” says listing agent Theo Adamstein with TTR Sotheby’s International Realty. “It’s got a wonderful history.”

Originally a land grant by King George II in the 1730s, a log cabin and the manor house were built for the original owners and are still in use today. The property also boasts ties to Thomas Jefferson, who is said to have ridden his horse between Monticello and this property, known as Poplar Grove.

The property was sold to a farmer in 1945, and remained unchanged until the completion of the golf course, which opened in 2004. The current owners have had the property since 2010. The 942 acres are a mix of open land, forests, the 230-acre golf course, and the manor house, which was built in 1773.

Poplar Grove Golf Club is located between Charlottesville and Lynchburg and was recently renovated. Along with a steady stream of members on the links every day, the course is open to the public, Adamstein notes.

The course and surrounding land include rolling hills, water features, lakes, and views of the Blue Ridge Mountains.

The most expensive new listing includes a 230-acre golf course.

realtor.com


Improvements keep the course in top shape.

realtor.com


The course is played daily.

realtor.com


The owners embarked on extensive improvements to the course as well as a restoration of the manor house.

Despite the continuing investment in upkeep, the owners, who hold other properties, decided it was time to sell.

For the next owner, options abound. Given that the property is zoned for multiple uses, it could become a resort, winery, event venue, residential or commercial development, or any combination of the above.

Currently, 700-plus acres stand available for development. And all of the infrastructure—electric, gas, and septic systems, roads, street lighting, and golf maintenance facilities and equipment—is in place for the next owner.

The next owner could also choose to keep running Poplar Grove as a golf course. Plans for a new clubhouse are also available.  

The 18-hole golf course was the last that the legendary golfer Snead designed. He died in 2002.

The post Huge $33M Virginia Property With Golf Course Is Most Expensive New Listing appeared first on Real Estate News & Insights | realtor.com®.

Source: Housing Trends Feed

CONTACT US

ADDRESS

12002 Bandera Rd, Ste 102

Helotes, TX  78023

CALL OR E-MAIL US

Phone:  210-860-8141

Contact@AtHomeRealty-TX.com

ALTERNATIVELY YOU CAN FILL IN THE FOLLOWING CONTACT FORM:

© 2019 by At Home Realty, llc.

Experiencing technical problems with the site? Let us know.