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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

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

For Sale: Val Kilmer’s New Mexico Ranch for $33 Million

Val Kilmer, star of Top Gun, Tombstone and Willow, has put his 5,970-acre Pecos River Ranch on the market for $33 million. John Watson of Orvis/Cushman & Wakefield has the listing. The Pecos River Ranch features more than five miles

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Posted in Conservation, Equestrian, Eric OKeefe, Feature, Hunting, Southwest

For Sale: Bell Ranch Gets Bigger

The biggest ranch on the market in America just got bigger. The heirs of William Lane, who assembled New Mexico’s Bell Ranch 40 years ago, have elected to include an additional 40,100 acres of canyon country and pastureland in the offering, which

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Posted in Cattle, Conservation, Eric OKeefe, Feature, Hunting, News Desk, Regional News, Southwest, Topics, Water

Largest Drop in Rural Land Prices? The Ukraine!

According to this ABC Australia report, land values around the world are plummeting. The hardest hit country? The Ukraine. The value of rural land in the Ukraine has plummeted a staggering 75 percent. The Australian news report indicates that the

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Posted in Cattle, Developers, Farming, Feature, Grant Gannon, International

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

Supreme Court Rules 9-0 Against Hawaiians’ Land Claims

Last week the nation’s highest court ruled that Native Hawaiians do not have a legal claim to state lands totaling more than 1.2 million acres. Native Hawaiians as well as the state’s Office of Hawaiian Affairs had asserted that a

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Posted in Eric OKeefe, Feature, Federal Policy, News Desk, Pacific, Public Land, Regional News, Topics

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

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