Cattle ranch, auction house
The auction of a working Angus cattle farm and estate in eastern Tennessee, which was scheduled to begin Jan. 29, has been called off.
“Occasionally, following exposure prior to an unqualified auction, if market dynamics do not demonstrate that the auction will result in a fair and market-determined price, then the seller may choose to withdraw ownership of the auction before the auction begins, “wrote a public relations representative in an email Friday night.
Seven Lakes Ranch, located in Hamilton County, is a sprawling 412-acre property that includes a country estate, log guesthouse, barn with gatehouse, horseback riding facilities, and seven spring-fed lakes.
The property had been on the market for about 18 months, listed at $ 7.9 million. The ranch was to be auctioned with a reserve of $ 3.5 million.
The property could serve a variety of uses, from a bed and breakfast to a corporate retreat to a hunting lodge.
“There is so much to do. It can be presented as a single residential farm for a large family, or, with all the acreage … you could make it a development “, Sotheby’s International Realty said listing agent Sandy Poe. “It has potential for investors.
Inside the main residence
The address is 12554 Birchwood Pike, located in Harrison, 40 minutes northeast of Chattanooga.
The primary residence, built in 2007, is 5,576 square feet with four bedrooms, three full baths and three half baths. The house features stone exteriors, 12 foot beamed ceilings, hardwood floors, custom joinery, moldings and three fireplaces.
“It’s a beautiful, traditional house and it has all the upgrades, the luxury appliances, the stonework,” said Poe.
The kitchen includes custom cabinetry, full size stove, warming drawer, Sub-Zero refrigerator, and formal dining area.
The ‘main sanctuary’ features a private gym, oversized European-style travertine steam shower, and freestanding tub.
The outdoor area includes covered decks, patios, an outdoor kitchen and a private putting green. There are miles of walking trails and a fenced area.
Horses, log cabin and barns
The gated property is located near the shores of Chickamauga Lake and has horse stables with six stalls, saddlery and horse trails. There are guardian quarters that can accommodate up to eight.
The log cabin can accommodate up to 10 people, a wraparound porch, full kitchen, stone fireplace, media room, wet bar, billiard room and private garage. It has been updated with marble countertops and a new fireplace.
To top it off there is a heated and cooled Morton storage barn, a 20 foot freshwater pond and a three car garage.
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There are a few houses nearby, but the land is mostly surrounded by other farmland and the lake, Poe said.