Search Fishin.com

Page 1 of 2 12 LastLast
Results 1 to 12 of 14
  1. #1
    Join Date
    Dec 1969
    Location
    SE Ohio.
    Posts
    41
    Post Thanks / Like

    Cedar Hill Resort (Dale Hollow) Auction cancelled??

    I just heard that the bank auction for Cedar Hill Resort (at lower end of Dale Hollow) was cancelled. It was scheduled for a few days after Christmas. Just wanting to know if anyone on the KY discussion board has info about this?

    Was it purchased from the bank before the auction?
    Likes Bardcard liked this post

  2. #2
    Join Date
    Aug 2010
    Location
    Louisville, KY
    Posts
    265
    Post Thanks / Like
    I wonder what the cost of that land is?
    Likes GeoFisher liked this post

  3. #3
    Join Date
    Dec 1969
    Location
    SE Ohio.
    Posts
    41
    Post Thanks / Like
    That would be interesting to know!

    I believe the bank would take 40 cents on the dollar of the appraisal, but that's a guess based on my neck of the woods.

    The big question: Was the auction cancelled for lack of interest, or did the bank make a deal before the auction ?

  4. #4
    Join Date
    Dec 1969
    Location
    New Albany, Indiana.
    Posts
    8,131
    Post Thanks / Like
    Quote Originally Posted by DHart View Post
    That would be interesting to know!

    I believe the bank would take 40 cents on the dollar of the appraisal, but that's a guess based on my neck of the woods.

    The big question: Was the auction cancelled for lack of interest, or did the bank make a deal before the auction ?
    That is PRIME LAND........It would not surprise me if it gets purchased for pennies on the dollar, and then carved up and sold for private home lots......There is NOT much around that would have that view, and area.

    Interesting.

  5. #5
    Join Date
    Dec 1969
    Location
    SE Ohio.
    Posts
    41
    Post Thanks / Like
    Agreed, Geo.

    In fact, a relative of mine was interested in this property a few years ago. She develops assisted living environments, and she thought this would be a very attractive location. She was also interested in the private lot aspect in conjunction.

    She owns a cabin around Wolfe Creek, but I don't know if she was dialed into this recent activity.
    Last edited by DHart; 01-06-2019 at 07:45 PM.

  6. #6
    Join Date
    Apr 2007
    Posts
    12
    Post Thanks / Like
    Wow, I've been visiting DH a couple times/yr and always have stayed at Cedar Hill in one of the cabins. This is the first I've seen heard that it is or was being auctioned. Are there any details, or any links to information that anyone knows that might shed some more light?

    What is status of the business now? Is it operating? I phoned and got an answering machine....

    Thanks friends.
    Slimy

  7. #7
    Join Date
    Dec 1969
    Location
    SE Ohio.
    Posts
    41
    Post Thanks / Like
    The only thing I know is that it is "somewhat" open... if you leave a number, you will get a call back...but no cabin rentals 'till Spring. It is bank-owned, and being managed by 2 care-takers right now. I do not know who they are, other than a first name.

    I was not aware of a scheduled auction (and its cancellation) until a few days ago...got the info from the Dale Hollow Marina Assoc. Facebook page.

  8. #8
    Join Date
    Feb 2008
    Location
    Nicholasville, KY
    Posts
    139
    Post Thanks / Like
    Iíd like some more info on this as well. Very interesting indeed.

  9. #9
    Join Date
    Dec 1969
    Location
    SE Ohio.
    Posts
    41
    Post Thanks / Like
    Just wanted to give this a bump. Has anyone heard anything about the current ownership of Cedar Hill Resort/Marina?

  10. #10
    Join Date
    Dec 1969
    Location
    burkesville, state park marina
    Posts
    747
    Post Thanks / Like

    The Bank bought it

    Everything stayed in tack. HBís cabins matina
    There were several bidders, but the bank that held the note
    bought it

    This was done a couple weeks ago.
    Supposedly the marina will be brought back to
    a working up graded condition.

    To be put back on the market
    Likes GeoFisher liked this post

  11. #11
    Join Date
    Dec 1969
    Location
    SE Ohio.
    Posts
    41
    Post Thanks / Like
    Thank you, Rick.

    I also just heard that a company from Florida is managing it...I find that interesting.

  12. #12
    Join Date
    Dec 1969
    Location
    burkesville, state park marina
    Posts
    747
    Post Thanks / Like
    Quote Originally Posted by DHart View Post
    Thank you, Rick.

    I also just heard that a company from Florida is managing it...I find that interesting.
    Thatís typical when banks/investment companys are owners.
    At the state dock we are owned by an by an investment company.

Similar Threads

  1. Guided trip auction on Dale for St. Jude Childrens Hospital
    By Dave Clark in forum Tennessee Discussion Board
    Replies: 0
    Last Post: 01-24-2011, 12:32 AM
  2. Guided trip auction on Dale for St. Jude Childrens Hospital
    By Dave Clark in forum Kentucky Discussion Board
    Replies: 0
    Last Post: 01-24-2011, 12:29 AM
  3. First of the Year Dale trip.........CANCELLED.
    By GeoFisher in forum Kentucky Discussion Board
    Replies: 10
    Last Post: 01-01-2010, 04:07 PM
  4. Center Hill / Dale Hollow
    By 285pxl in forum Tennessee Discussion Board
    Replies: 1
    Last Post: 10-10-2007, 08:14 PM
  5. Center Hill and/or Dale Hollow
    By Dover in forum Tennessee Discussion Board
    Replies: 5
    Last Post: 01-29-2007, 10:52 PM

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •