One of western North Carolina’s most significant properties, the historic Pisgah View Ranch in Candler, is being unveiled to potential suitors at a listed price of $25 million.
The 1450 acre ancestral property, owned solely by the Cogburn family since the late 1700’s, once bordered land owned by the late George Washington Vanderbilt, builder of the Biltmore Estate. Distinctive 100-year-old Vanderbilt railroad iron stakes still mark the property boundary lines along the high ridge line timber forest. The Cogburn family has selected Asheville-based Christie’s International Real Estate affiliate, Ivester Jackson Blackstream, along with SVN Blackstream International, to oversee the national and global search for Pisgah View’s next owner.
“While the property will always provide fond memories for our family, the time has come for us to evaluate how best to transition it for the future”, said family member Max Cogburn. “With Asheville becoming a popular destination, the ability to connect the ranch with the right audience both globally and nationally will be critical. We felt the worldwide luxury reach of Christie’s, combined with the international commercial experience of SVN, gave us the right combination to reach both the private estate market, as well as the investment and development segments” added Cogburn.
“This property is extraordinary,” said Michael Hoffman, Executive Director for both SVN/BlackStream and Ivester Jackson Blackstream/Christie’s International. “A combination of aesthetically stunning natural beauty, unlimited development potential, and close proximity to Asheville provides a truly unique opportunity for the right investor.” He continues, “We are honored that the Cogburn family has selected our two firms to market this one-of-a-kind property. What our teams bring to the table, and what we know will help sell this property, are our combined global platforms and hands on approach to maximizing the exposure for Pisgah View Ranch.”
He continues, “We are honored that the Cogburn family has selected our two firms to market this one-of-a-kind property. What our teams bring to the table, and what we know will help sell this property, are our combined global platforms and hands on approach to maximizing the exposure for Pisgah View Ranch”.
The property, which has operated as a homestyle dude ranch for many years, features horse trails, two miles of high ridge line views, over and 1450 acres of rolling pastures. Just 20 minutes from downtown Asheville and boasting its own water supply with a nearby interstate exit on the way, the property should attract everything from private family estate interests to potential resort and residential developers.
For more information, visit www.ChristiesRealEstate.com or contact Julia Mallozzi at 704-655- 0586 or email her at juliam@IvesterJackson.com.