Notable Equestrian Estate Sells
525 Longhorn Creek Lane • Sampson County
A sale of significant distinction was made in Sampson County in late December 2021 by Wilmington Realtors Landmark Sotheby’s.
The 1,200-acre Longhorn Creek Ranch, said to encompass a space larger than Central Park in New York City, sold for $7.19 million, a
record for the North Carolina regional MLS (southern half of the state). The Santa Fe, New Mexico-inspired equine breeding and training
facility and cattle breeding operation includes a Stan Gralla/GH2 Architects-designed main barn complete with veterinary lab facilities
and a 3,000 square foot residence above, which offers a viewing area overlooking a 100’x 200’ indoor arena. A stocked 20-acre lake,
guest cottages, pastures and paddocks, outdoor arenas, hay barn, silo and maintenance buildings also dot the site.
february 2022
REAL ESTATE ROUNDUP
SUPPLY and DEMAND
EALTORS began the year with cautious optimism and likely could not have even dreamed up the stiff increase in
pricing.
“The housing shortage was predicted years ago with the longevity of baby boomers, plus millennials getting
married, having kids and buying houses,” Jessica Edwards states. “And nobody predicted COVID would come
along. I think there is still going to be a shortage of supply compared to demand in 2022.”
No one has a crystal ball that can predict what the housing market will be like throughout 2022, but optimism for steady,
continued growth is strong.
“I was shocked with what happened this year. I didn’t think it was possible,” Trey Wallace says.
Anticipated business growth will add to the housing squeeze.
“I do not see the Cape Fear region, or Raleigh, North Carolina becoming less desirable anytime soon. I believe people will
keep coming. And they are going to want to buy some property when they get here,” says Randall J. Williams.
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LANDMARK SOTHEBY’S INTERNATIONAL REALTY
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