Link to one of the most impressive barns that I've ever seen online. And it's for sale!!

[ruffdog]

The farming operation:

Making Hay While the Sun Shines - Main Street Magazine

 

[ruffdog]

How it was made: (Be sure to watch the videos)

Silver Mountain Hay Barn :: Unalam | Custom Glulam Construction And Wood Manufacturing Leader For Over 100 Years

 

[dodge man]

They knocked a million off the price, they’re practically giving it away now.

 

[ponytug]

The barn was designed both as a hay barn (vapor barrier under the dirt floor), but also as an Olympic sized arena for dressage. The owner sounds like an extremely astute business man in the interview that I read. Good hay for horses is hard to find, even in California, where I think there is almost no excuse for producing subpar hay.

I suspect that a better realtor would make more of the Olympic size dressage arena, as those owners are more likely to have the cash for the facility. In the early '90s, we used to drive by a much less elegant one, where the owners charged $2,500/mo/horse, pus a required $1,000/mo of training lessons, from one of their many in house trainers. The local Mercedes dealership was very happy to sponsor events...

@EddieWalker thanks is for sharing!

All the best,

Peter

 

[dodge man]

One way to look at it is what is the land worth. Around here prime farm ground is bringing $10k an acre. Let’s give them the benefit of the doubt so that makes the land worth $5.8 million. Is the barn and house worth $7 million? Nice place but it seems overpriced to me but maybe not.

 

[tractortroof]

That’s a pretty big investment to make $6 a bale.

Max revenue $250,000 on 300 acres? Did someone say he was an astute businessman?

 

[ponytug]

That’s a pretty big investment to make $6 a bale.

Max revenue $250,000 on 300 acres? Did someone say he was an astute businessman?

He farms much more than the for sale property for free, the other landowners benefit by gaining an agricultural tax exemption, but not paying anything out of pocket himself. My guess is that he can't hay much more land than he has with equipment and travel times, given the location. He could probably set up satellite farms and barns, but that would mean more equipment and higher costs.

If I had to guess, I think that he makes / made money elsewhere, and the barn was an investment toward selling the property as a high end horse facility or wedding / event site. My guess is that the farm is more than break even, but the barn investment cost is not (yet). Those glulam beams must have cost a fortune, and trucking them to the site can't have been trivial or cheap.

I admit that all of this is total armchair quarterbacking, but I used to raise hay, and have rubbed elbows with a number of equestrians on national/world teams, and have been lucky enough to be a crew member a couple of times. When you get to million dollar plus horses being prepped for a once a year or once every several year event, costs tend to go out the window, as you have one shot. Quality hay is job one. I'm rather surprised that he sells it for $6/bale. I know farmers who export hay thousands of miles (Asia, and the Middle East). Those are specialized markets and operations.

All the best,

Peter

 

[groundcover]

I think $6 / bale was in 2017, could be double that now.

 

[civilian]

It stated $20,000 in r/e taxes.
He bought it in 05 for $3.5 and don't have any idea of the cost of that barn, especially built in NY.
It is a spectacular structure, 30,000 s/f and at a modest $100/sf that's $3 million
Are you in Eddie?

I filled out the request for more info with Eddie's info(NOT). nd figured Hay Dude would help farm it. HaHa! Jon

 

[LouNY]

You could never pay for that place farming it. Fancy and impressive, nice to see but sure as heck not a practical build.