$5,830,000 Worth ‘Most Prestigious’ Equestrian Farm’s Part Set to Get a New Owner

Equestrian farms are one of the most luxurious properties that always attract the attention of the opulent families and businessmen as they generate a lot of revenue. Recently one of the last properties of a prestigious equestrian farm is getting sold for a whopping around in million. Check out the following story for more info regarding the selling of the precious equestrian farm.

A New Owner for prestigious equestrian farm

The prestigious Sandy Point Farm aka Rhode islands' 6-acre and 24-stable property waterfront stable is getting a new owner.

What was the sale price of the property?

The last part of the Sandy Point Farm is sold for USD 5.83 million to the new owner.

Why the property is getting sold?

Descendent of the affluent Vanderbilt family, Gloria Vanderbilt faced a great deal of trouble due to his father's extravagant expenses and that's why she had to sell their Rhode Islands property one by one.

What will be the new structure on the lavish property?

"I could see [the farm] turning into a therapeutic riding center like The Shea Center in California. It could also be a great equestrian center like a mini-Hamptons, or it could be an extension of our counterparts in Wellington, FL," said realtor Kylie McCollough to Daily Mail.

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