ANNOUNCING, for immediate release:
BLACKSBURG, VA historic landmark property is seeking a new steward.
$100,000.00 Finder’s Fee resulting in the sale of Historic Yellow Sulphur Springs resort in Montgomery County. Price: $2.5 million
Description: 54 acres with several historic residential buildings, the circa 1810 hotel structure, along with 3 modern buildings, including the Jeffersonian style house that the historic architect Gibson Worsham designed and had built in 2000, that houses the current owners. Wilson creek headwaters come through the property and the buildings are surrounded by towering 200 plus year old hardwood trees. The mineral spring flows from beneath the Italianate gazebo in the center of the property.
History: First settled by members of the Patton Scots-Irish traveler’s to the New River Valley, this hollow has hosted guests for hundreds of years. Throughout the 1800’s Yellow Sulphur Springs was more than just a resort that employed hundreds of local residents; it was also the summer home for noted Civil War generals BT Beauregard and Jubal Early, and the forming of the internationally famous Louisiana Lottery in 1868. Virginia Polytechnical University traces its formation to meetings at “The Yellow” in 1870. Yellow Sulphur Springs was a premier “black” resort in the late 1920’s, and housed hundreds of transients during the Great Depression.
Zoning: in 1999 and 2000 Montgomery Co and the owners applied for a Community Development Block Grant and in the process a Res-PUD zoning was granted, it allows for many commercial applications without special use permits, along with development of dozens of new residential units.
Stewardship: the current owners have spent the past 23 years stabilizing and renovating the buildings and gardens, and through this stewardship demonstrating to their children the value of contributing to one’s community.
Personal: The Taylor-Ross family moved to the Springs in 1997 from Jacksonville, Florida where Victoria operated a school of acupuncture and massage therapy, Bernard opened and operated his 5 th restaurant and the first Metro Diner in 1991. They arrived in Virginia with two young children and a third was born on the property just after they moved here. The children have all moved on now, and the time has arrived for these stewards to be replaced.
Victoria continues to see clients at her office at Yellow Sulphur Springs and Bernard has been employed for the past 15 years at VT.
Challenge to find the right buyer – The owners have decided to take a new tact and have created some new tools to market it.