Ricks Mountain, Saluda, NC

Presents

RICKS MOUNTAIN

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Ricks Mountain S a l u da , NC

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Easily traverse the amazing 3.4 mile road to the peak

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TA B LE OF C ON TENTS Details Location About Saluda, NC Tourist & Recreational Amenties History of Ricks Mountain Development Potential Environmental Summary Contact

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3 6 0 D E G R E E L O N G R A N G E V I EWS

ENDLE SS POTE NTIAL

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H O L B E R T C OV E R D S A L U DA , N C 2 8 7 7 3 A pp r o x . 1 , 2 8 5 A c r e s Native Timber & Long Range Views Located in the Blue Ridge/Piedmont E s c a r pm e n t L a r g e s t c o n t i g u o u s p i e c e o f p r i va t e l y ow n e d p ro p e rt y i n P o l k c o u n t y

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Where is Ricks Mountain?

• 1,285 Acres of undeveloped land with long range views & native timber • Close proximity to Interstate 26 • Access to major metropolitan cities such as Charlotte, NC, Asheville, NC, Greenville, NC, Atlanta, GA & Colombia, SC • 15 miles from world-renowned Tryon International Equestrian Center • Residential & commercial growth is expanding rapidly to this area 9

Asheville, NC 30 mi les

90 m il es

Charlotte, NC

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35 mil es

Ricks Mountain Saluda, NC

Greenville, SC

Atlanta, GA map not to scale 10

SALUDA, NC

“Where the Foothills End & the Blue Ridge Begins” Saluda, North Carolina is a mountain oasis, with a picturesque Historic Downtown surrounded by rugged and accessible wilderness. The 18,000 acres of the Green River Gamelands and the Greenville Watershed have served as natural buffers, helping to preserve the inherent character of this mountain town.

Saluda’s unique history begins with the downtown district, perched at the top of the steepest railroad grade in the United States.

Visiting Saluda, one will find themselves in a bustling downtown with fabulous restaurants, unique shops, a vibrant art and music scene, and a hub for outdoor adventure.

Saluda is the premier destination for road biking in the Southeast. It has world famous whitewater, amazing fly fishing, and hundreds of waterfalls within striking distance.

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Visitors love Saluda for its eclectic nature, and feel comfortable bringing a tent to camp in paradise, or pampering themselves in a luxury inn.

Tourist & Recreational Amenities in the Area: • • • • • • • • • •

Green River Recreation Area The Gorge Zip Line The Party Place Beautiful waterfalls DuPont State Forest - hiking, mountain biking & sight seeing Multiple vineyards Biltmore Estate Carl Sandburg Home Flat Rock Playhouse Golf Courses

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History of Ricks Mountain In the late 1800’s, Fanny Jones Ricks came to the Polk County mountains from Yahoo City, Mississippi and “found what she had felt would be an ideal home for the rest of her life”. She purchased about 1,700 acres (1,300 of which are now Ricks Mountain property) to the west of Tryon Peak & first lived in a tent. This was raw mountain terrain with no access, so with a maid companion, a man from Mississippi, a mule and a wagon, the three of them built an amazing road up the mountain.

Approximately 8 years of work brought them halfway up the mountain where Mrs. Ricks built a small house, known as Sunrise Cottage. After living there for several years, Mrs. Ricks decided to continue building the road to the top of the mountain, an elevation of about 3,200 feet above sea level.

Upon arriving at the top of the mountain in the early 1900’s, Mrs. Ricks built a large mansion out of stone and wood found locally on the mountain. The house, known as Rickshaven, had 15 rooms with indoor plumbing and heat, rock patio with koi pond and bird bath, a glass covered greenhouse with steam heat, and a separate nearby 6 room house for live-in help. And this was in the early 1900’s, rivaling the Biltmore Mansion just a few miles up the road from Ricks Mountain! The Vanderbilt Biltmore Estate is now a very popular tourist destination. Sadly, Rickshaven House was destroyed by fire in 1977, but the stone foundation of this elegant mansion can be seen today at the top of the mountain. pictured to the left

There is much more to the story of Fanny Jones Ricks, but certainly these amazing accomplishments are sufficient to appreciate the historical significance of the Ricks Mountain property and the recognition of Mrs. Ricks as a true Renaissance woman!

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A plat plan was created by LandWorks Engineering to show where a potential of 25-35 homesites could be built across Ricks Mountain.

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Development Potential Ricks Mountain has tremendous future development potential. The southwestern area of North Carolina, particularly the Asheville area, has been recently ranked as the #1 destination for retrirement living for the Baby-boom generation within the United States. This area south and south west of Asheville features the very successful Cliffs Communities developments, which uniquely offer seven signature championship golf courses available under a membership in any one of the seven Cliff properties. • Developmental input: Accurate surveys are available and extensive work done

by Land Design Inc. and LandWorks Engineering LLC to create plat plans for conservation concept coupled with 25-35 best homesites within Ricks property. • Roadway: Existing well-engineered road from bottom of land (1,800 ft. elevation) to top of land (approx. 3,000 ft. elevation).

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1 RESI D E NTIA L H OME S I TE P L A N Land Design, Inc., an engineering and environmental consulting firm has worked to formulate a preliminary development layout for a 319 residential home site plan. In agreement with Polk County, the average lot size is based on a four acre average minimum. Since the purchase of the property in January 2007, Polk County has changed its zoning and subdivision ordinances to provide for a seven acre minimum zoning restriction.

However, the Ricks Mountain property was “grandfathered� in perpetuity in accordance with the four acre plan. There are no time constraints or future deadlines with regard to submission of a formal plan of development.

Polk County has guarenteed that the Ricks Mountain commitment adheres to & travels with the land in perpetuity, in whole or in part.

2 L A RG E E STA TE L OTS Ricks Mountain has great potential for development of large estate lots enhanced by significant conservation easement ownership. LandWorks Engineering, an Asheville land planning & civil engineering firm, has developed a detailed conceptual conservation plan coupled with 25-35 best home sites with Ricks Property. This type of development is enhanced by the unique conservation attributes found on the forest land & cliffs in Ricks Mountain. These are summarized in the Environmental section on page 20.

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3 DESTINA TION P ROP E RTY Ricks Mountain has tremendous potential for development as a “destination property�, such as major resort hotel or independent spa/healthcare facility, or a combination of these. This potential is enhanced by the beauty and elevations of the property which afford long range views in all directions, by the unique environmental and biological attributes and by the unusual historical significance of the property.

4 FA MILY E STA TE Ricks Mountain has great appeal for acquisition in its entirety by a high net worth individual or a family office. The land has individualized sections which lend to the design of a family compound assuring the features of proximity while retaining the important attributes of privacy. It can also be acquired by such an individual or entity for purposes of land-banking this real estate asset for future direct use or sale.

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Environmental

• Conservation: Located in the Blue Ridge/Piedmont Escarpment (area of significant environmental interest). The Montane Mafic Cliff (pictured above), is unique as it is home to rare plants, lizards, rock formations, etc.. The National Nature Conservancy ranks this land in its “highest interest” category.

• Prices Creek: Originates from spring at top of land & offers pure water that transits land to exit point at bottom.

• Forest Management Program: Since the property was acquired in 2007 by the Logan family, there has been a selective timber management cycle to improve the health of native & timbered forests over a revolving 10 year period. The existing timber value is approximately $1,100,000.

• Elevation Change: The significant elevation change from the low country provides for a 10-15 degree temperature differential from the low to high country.

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Summary This outline for Ricks Mountain is intended to give a brief overview to introduce this mountain property and demonstrate its significant development and nature conservancy potential. Since the early fall of 2006 when this property was selected for purchase, extensive due diligence work has been done to confirm the investment potential of the land. This has included a range of expert input including land engineering and environmental considerations, legal zoning and land use studies, nature conservancy priorities, legal and tax considerations under Federal and North Carolina laws, timber management to enhance development of the mountain forest, and scenarios from land use planners and developers as to the most attractive and effective plans going forward. All of this exploratory work stands behind the points presented in this outline.

Ricks Moutain is so much more than raw mountain land! Contact us to schedule a private tour to see what makes this property unlike any other.

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E X C L U S I VELY PRESENTED BY:

JE SSIC A BA B IN GTON NC Broker-in-Charge, Realtor C: 704.658.8849 O: 704.799.0700 jbabington@trumpintlrealty.com

T RUM P INT ER NATI ONAL RE ALT Y C HARLOT TE 120 TRUMP SQUARE, MOORESVILLE, NC 28117 TrumpInternationalRealty.com

Trump International Realty Charlotte is a Licensed North Carolina Real Estate Broker. All information is from sources deemed reliable but subject to errors, omission, change of price, rental, prior sale, lease or financing, or withdrawal without notice. All measurements and other information are approximate and should be verified by your own attorney, architect or other professional. If your property is currently listed with another real estate broker, please disregard this offer. This is not intended to solicit property already listed. Š 2019 Trump International Realty