Virginia’s Merritt-Hutchinson Estate Auction!
Virginia's Merritt-Hutchinson Estate Auction!
Virginia is on the radar this week and they're right when they say the 1873 Merritt-Hutchinson estate represents Virginia at its best! And how rare to find one property with over 800 fenced acres today. But, you say . . . . how on earth could one keep 800 acres maintained! Easy! Cattle. Background a herd from spring until fall and they will keep your pastures beautifully manicured. Sell the lot in October and pocket a dollar+ a pound for each of the 400 lbs. they've gained per head while mowing and fertilizing the pastures! You do the numbers. It's a built in win-win. With that solved, lets take a look at this incredible estate with its plethora of possible uses!
We're amazed that Ann Hutchinson, M.T.C. Merritt's granddaughter, had the foresight to maintain the historical virtues of the property and add innovations that would make it possible to support such a large estate in today's times. Mr. Merritt found this land after the Civil War and fell in love with its natural beauty. We think it's possible that this amount of land, kept intact since its original purchase, may be an original land grant; rare to find one still intact today. Boasting conference centers, ballrooms and even more large entertainment areas and two restaurants, it also has horse accommodations and a gorgeous outdoor riding facility. In addition, you will find the Goat Barn, used for managing the profitable herd of Boer meat goats kept on the farm and now one of Virginia's most important livestock investments for handsome returns.
What they fail to tell you on the website is that the estate is just a few miles from Smith Mountain Lake, which draws people from all over who build lovely homes and enjoy all watersports along with quaint shops and restaurants. Altivista, also a few miles away, is a charming town that has been featured in Southern Living Magazine, has shopping, restaurants and a wonderful market once a month called First Saturday, where you can find wonderful items from food to plants, antiques and even livestock! This is a no reserve auction selling absolute. Includes six homes, 37 bedrooms, 34baths, 30,000sf equestrian lodge and four barns.
Source: www.merritthutchinsonauction.com