Effingham Estates – $6.68 Million

This 485 acre tract was sold subject to site plan approval for a 49 lot subdivision. The purchaser was Kustom Kastles, a regional homebuilder who intends on building executive/estate housing on 10 acre lots. Weber Rector was selected by the courts to offer the property for sale on behalf of the beneficiaries. Weber Rector evaluated the property’s highest and best use and marketed it.