Sale of Bahre Estate?

Merrymeeting · 07-25-2017, 08:15 PM

Yours at the bargain sale price of $19M. Who's going to bid first?

http://www.christiesrealestate.com/e...alton-nh-03809

Bigstan · 07-25-2017, 08:35 PM

Quote:

Originally Posted by Merrymeeting

Yours at the bargain sale price of $19M. Who's going to bid first?

http://www.christiesrealestate.com/e...alton-nh-03809

Or buy them separately for 50m total. Update the listing already, or are they just not serious about it any longer?

Gatto Nero · 07-27-2017, 11:40 AM

That would make a spectacular resort and at that price it would probably be a bargain for someone like Marriott.

ishoot308 · 07-27-2017, 11:54 AM

Quote:

Originally Posted by Gatto Nero

That would make a spectacular resort and at that price it would probably be a bargain for someone like Marriott.

Considering it was originally priced at 49 million I agree!! Have to wonder why the 30 million price drop though?....

jazzman · 07-27-2017, 12:41 PM

I'm pretty sure that Alton zoning would prohibit commercial use of that property. There were huge fights in 2005 just to get permission to build such a large private residence.

FWIW, taxes are 332k for the 2 properties. Another 100k for various pieces of land that I don't know if are included in the sale.

rander7823 · 07-27-2017, 12:45 PM

I know I left it somewhere just can't seem to find it.

Biggd · 07-27-2017, 01:03 PM

Quote:

Originally Posted by jazzman

I'm pretty sure that Alton zoning would prohibit commercial use of that property. There were huge fights in 2005 just to get permission to build such a large private residence.

FWIW, taxes are 332k for the 2 properties. Another 100k for various pieces of land that I don't know if are included in the sale.

I'm guessing that's why it hasn't sold yet. Not that anyone with that kind of money would be worried about taxes but that does enter the equation.

07-25-2017, 08:15 PM	#1
Merrymeeting Senior Member Join Date: Mar 2003 Location: Merrymeeting Lake, New Durham Posts: 2,228 Thanks: 304 Thanked 799 Times in 368 Posts	$30M price drop Yours at the bargain sale price of $19M. Who's going to bid first? http://www.christiesrealestate.com/e...alton-nh-03809

07-27-2017, 11:40 AM	#3
Gatto Nero Senior Member Join Date: May 2005 Location: Isola Gatto Nero Posts: 697 Thanks: 162 Thanked 263 Times in 81 Posts	Resort? That would make a spectacular resort and at that price it would probably be a bargain for someone like Marriott. __________________ La vita è buona su Isola Gatto Nero

07-27-2017, 12:45 PM	#6
rander7823 Senior Member Join Date: Aug 2004 Posts: 304 Thanks: 552 Thanked 40 Times in 24 Posts	Where's my checkbook I know I left it somewhere just can't seem to find it.

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07-27-2017, 12:41 PM	#5
jazzman Senior Member Join Date: Jul 2011 Location: Mont Vernon NH & Big Barndoor Island Posts: 327 Thanks: 4 Thanked 185 Times in 63 Posts	I'm pretty sure that Alton zoning would prohibit commercial use of that property. There were huge fights in 2005 just to get permission to build such a large private residence. FWIW, taxes are 332k for the 2 properties. Another 100k for various pieces of land that I don't know if are included in the sale.