A “For Sale” sign with a big price hangs on one of [tag]North Carolina[/tag]’s most storied landmarks, and it has a Wilmington real estate company’s name on it. The family that has owned [tag]Chimney Rock Park[/tag] for more than a century announced this week that it was selling the 1,000-acre tourist attraction near Asheville, complete with miles of hiking trails, a 400-foot waterfall and the ancient namesake rock that looks out on [tag]Lake Lure[/tag] and swaths of the [tag]Blue Ridge Mountains[/tag].
“This is the hardest decision I ever had to make,” said Todd Morse, great-great nephew of the man who bought the first parcels that became the park. He said the family reluctantly decided to sell because of a number of factors, including slack business, rapidly rising property values and plans for a nearby state park. If you have to ask, you definitely can’t afford it. At $55 million, Chimney Rock has one of the highest asking prices for a private piece of property in the history of the state.
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