Land in legend-rich Burke's Garden to sell in Oct. 11 Woltz auction
TAZEWELL, Va., Sept. 10, 2014 /PRNewswire/ -- If the 133-acre property overlooking Burke's Garden had been for sale in the 19th Century, the famous Biltmore Estate might have been built there rather than in Asheville, N.C. The Vanderbilt family gave up when none of the local farmers would sell.
That won't be a problem on Oct. 11, when the land overlooking Burke's Garden and adjoining the Jefferson National Forest land will sell at auction. Woltz & Associates is marketing the property and managing the sale.
"The stories about this area are amazing. Supposedly, it got its name when a fellow named James Burke threw away some potato peelings, and when his group returned a year later, they found potatoes growing. While that story may have grown over the years, the area is known for its fertile ground," said Jim Woltz, president of the auction company.
"The land we're selling has incredible views of the valley and the surrounding mountains, which have lost none of their pastoral beauty," said Woltz. "It will sell to the highest bidder or bidders over $252,000, which is only $1,900 per acre."
The property includes two ponds, open pasture and mature timber, as well as a spring branch flowing through it. The entire valley is listed on the National Register of Historic Places.
The auction will begin at 11 a.m. Saturday, Oct. 11, at Burke's Garden Community Center (formerly Burke's Garden Elementary School). Woltz personnel will be available at the property to guide inspections Sept. 27, Oct. 4 and Oct. 10, or by appointment. Individuals seeking additional information may visit www.woltz.com or call 800-551-3588.
Woltz & Associates, based in Roanoke, is one of the nation's leading auctioneers of mountain land, timberland, farms, homes, commercial properties and other high-value real estate.
For more information:
Carl Carter, 205-823-3273
SOURCE Woltz & Associates
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