Eldon Stock Farm Now Offered at $55 Million
Eldon Stock Farm is now being offered at $55 million cash, down from $75 million. This singular 7,100-acre landholding – only 75 miles from Washington, D.C. – offers tremendous conservation opportunities and even greater potential for strong investment returns. Painstakingly assembled through 60 transactions by the Lane Family out of Chicago (a feat utterly unlikely to be replicated in the Mid-Atlantic today or anytime in the future), the pristine property sprawls across Virginia’s Rappahannock County beneath the Blue Ridge Mountains. Since 1961, the Lane Family has overseen the farm’s cattle operation, a herd of 850 developed from decades of careful bovine genetic study. The land offers myriad options for its principle focus. The Commonwealth of Virginia, meanwhile, has created exceptional tax incentives – on top of what the federal government’s offering – as part of a strategy to spur the donation of conservation easements.
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Photo Credit: Gustav Schmiege III
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