Standardbred operation for sale for $US50m

About 175 horses go with the four properties being sold as one.
About 175 horses go with the four properties being sold as one.

A Pennsylvania standardbred estate comprising four farms is on the market for $US50 million.

The Fashion Farms homestead in New Hope, Pennsylvania.
The Fashion Farms homestead in New Hope, Pennsylvania.

Fashion Farms, in Bucks County, is one of the most successful standardbred horse operations in the United States and Canada.

The farms are offered with about 175 horses – the number fluctuating depending on the time of the year.

The farms are owned by Jules Siegel, 85, a pharmacist who built up a chain of drugstores.

The property has been listed by longtime real estate agent Lisa James Otto.

The four sites are either adjoining or close by, and total 463.75 acres.

Each farm is described as having distinctive operations and characteristics.

A handsome estate manor home, two impressive country residences and a comfortable country home anchor the four farms.

The farms include the equipment and facilities related to the industry of breeding, raising and maintaining the standardbreds.

Otto told local media that more than half the asking price related to the horses, with two of the stallions alone worth in the millions.

» Realtor’s listing

 

 

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