Friday, August 27, 2010

Historic estate for sale

On the market for 3.9 million, but Zillow estimates that you should only have to pay 2.8 million to own 7980 Valleyview Drive in Clemmons. This property, which last sold for $625,000 in 2006 appears to have undergone substantial renovation in preparation for returning to the market. The house was completed in 1928 to serve as the country estate of R.E. Lasater, director and then Vice President of R.J. Reynolds Tobacco Company from 1912 until his retirement in 1947. This property is therefore the equivalent of Reynolda House and Graylyn, both in time of construction and source of the fortune required to build.

Here's what the Prudential agent says:

Superbly Renovated Forsyth Co. Landmark! Built For Tobacco Executive, R.E. Lasater, This Historical Treasure Is An Architectural Gem. Top Quality Materials, Beautiful Workmanship, & The Newest Technology Have Combined To Restore This 1920's Country Estate To An Elegant Residence. Designed By Charles Barton Keen During The Era Of Reynolda House & Graylyn, This Gracious Home & 20 Acres Overlooking The Yadkin River Convey The Character & Charm Of Yesteryear Along W/Every Contemporary Convenience.

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