You may remember an enticing members-only hunting and fishing resort featured in sporting magazines a few years back: The Hageman Reserve, an uber-posh private club with lodging in where members could hunt, fish, dine, and relax in baronial splendor in a scenic northeast Texas rural setting. Now known as The Reserve at Sulphur Bluff, the over-the-top property is on the market, offered separately or together with nearby 13,500ish-acre Sulphur Bluff Ranch.
The venue looks ideal for a single owner retreat and entertainment destination or a joint ownership venture interested in marketing the 30-plus room lodge as a fractional ownership property. Bernard Uechtritz of Icon Global Properties, the listing broker (who negotiated the record-breaking $725M 2016 Waggoner Ranch sale) estimates that together, The Reserve and Sulphur Bluff Ranch properties could fetch $80M-100M.
What kind of property could draw such a sum?