Kenny Rogers Massive Former Estate Near Athens To Be Auctioned

Kenny Rogers Massive Former Estate Near Athens To Be Auctioned

On the block: 12,000-square-foot mansion, 18-hole golf course, spring-fed lakes


BYFRANK REDDYJUL 5, 2016, 1:32P


You got to know when to hold ‘em. Know when to fold ‘em. Know when to put ‘em up for auction ... too much?
Zillow

A wise man once said to avoid counting money while sitting at the table, countering there would be "time enough for countin’ when the dealin’s done."

Of course that man is country, pop, and GEICO commercial star Kenny Rogers. While it’s hard to say whether this week’s auction of the nearly 1,000-acre estate he built near Athens signals the proverbial end of dealing for the owner (not him), it’s interesting nonetheless.

Originally purchased in 1983, Rogers built the massive estate to include a 12,000-square-foot mansion, five guesthouses, two clubhouses, an equestrian arena with 44 stalls, two swimming pools, and an 18-hole golf course where Rogers and pals used to play charity tournaments.

He sold it in 2003 to Las Vegas real estate investor Wes Adams, who died in 2011. The property has been for sale by the Adams family for five years now. It was listed in 2011 for $20 million and has decreased in price several times over the years.

In a nod to the very real possibility that no other individual will buy the place for personal use, the website,www.beaverdamsale.com, puts forth a range of other hypothetical uses for prospective buyers:

  • "This beautifully accessible, yet secluded property could be operated as a botique (sic) resort property"

  • "Beaver Dam Farms could be tastefully developed into a private, gated exclusive home community with home owners (sic) enjoying access to the golf course and other common amenities"

Bidding starts Saturday at $3.5 million.




Marilyn Cortez Headshot
Author:
Phone: 956-587-1633
Dated: July 6th 2016
Views: 458
About Marilyn: Always ahead of the highly competitive RGV real estate market, Marilyn Cortez is a Spanish speaking ...

Property Search









RSS Feed

View our latest blog posts in your RSS reader. Click here to access. RSS

Search Blog

Recent Blogs

Mortgage Rates Will Rise In 2021 - Advertiser DisclosureMortgage
Your Local Mortgage Lender - From your local mortgage lender :
6 Things Every Home Buyer And Seller Need To Know About Todays Housing Market - By Clare Trapasso | 
4 Simple Ways To Invest In Real Estate - 4 Simple Ways to Invest in Real

Saved Properties

This is a list of your favorite properties. We will email you if a property is reduced or leaves the market.

Click 'Save' to add a property to this list.

Register / Login

New & returning visitors please enter your information to login.

By clicking 'register' you are agreeing to our terms of use & giving us expressed written consent to contact you.

Questions? Comments? Complaints?

This message will go directly to the head of our team.

Location & Address

CORTEZ TEAM
833 N. Ware Rd.
McAllen, TX
956-246-4218
956-928-1422