Sprawling 350-Acre Equestrian Estate Known as Butler Farm Heads to Auction

The North Carolina property was once known as one of the world’s most renowned Arabian equestrian facilities and horse farms.

Georgie Mihaila
4 Min Read

A massive property just outside Fayetteville, NC is heading for auction.

The 350-acre equestrian estate that goes by the name ‘Butler Farm’ will be auctioned off to the highest bidder on November 12, after previously being listed for sale asking $8 million.

The auction will be held without reserve – meaning the impressive property will sell to the highest bidder regardless of the amount of the highest bid.

According to David Ashcroft, managing director with Platinum Luxury Auctions (the firm that’s in charge of the auction) whatever price prevails on November 12, it’s sure to be a bargain as compared to what it would take to reproduce the property.

“Even before the present supply chain and labor challenges came about, the cost to reproduce structures and facilities of this caliber would be enormous, and would easily exceed the latest list price. And that’s before adding in the cost of land acquisition and development for 350 acres.”

David Ashcroft, Managing Director, Platinum Luxury Auctions
On Nov 12, this 350-acre equestrian farm and estate located outside Fayetteville, NC will be sold via luxury auction without reserve. Image credit: Hodge & Kittrell Sotheby’s International Realty

Butler Farm operated as a world-class equestrian facility for many years, producing celebrated Arabian and show horses. But its sprawling 350 acres and idyllic location provide ample opportunity for several uses.

Butler Farm’s main residence is a stately manor offering 4 large bedrooms and 3.5 baths.

Butler Farm’s main residence, a 4-bedroom manor with plenty of luxury features. Image credit: Hodge & Kittrell Sotheby’s International Realty

Features include a billiards room, grand foyer, chef’s kitchen and a lovely courtyard that opens to the beautiful grounds. One of the property’s 10 ponds is located adjacent to the home.

Inside, the manor has a grand foyer with winding staircase that provides an elegant entry to the owner’s estate. Image credit: Hodge & Kittrell Sotheby’s International Realty

However, the central structure of the farm is its two-story main barn, which is nearly 26,000 square feet in size.

The lower level of the barn contains 66 large horse stalls and 6 wash/utility stalls. But there’s much more to this structure, including office and entertainment spaces galore.

The barn accommodates a suite of offices on the lower level, surrounding a common area lounge. The upper level of the main barn houses a 3-bedroom and 1-bedroom apartment, plus a large banquet room complete with a glass-enclosed DJ booth.

The impressive main barn features 66 horse stalls as well as office and entertainment spaces. Just outside the main barn is a regulation-sized riding arena, the largest of 4 arenas located on-site. Image credit: Hodge & Kittrell Sotheby’s International Realty

The farm also has a training arena and a halter schooling barn.

The auction process is being managed by luxury real estate auction firm Platinum Luxury Auctions in Miami, FL. Platinum is working in concert with North Carolina brokerage of record Hodge & Kittrell Sotheby’s International Realty, represented by listing broker Sheri Smallwood Hagerty. More information about the property and the auction itself is available on the Platinum Luxury Auctions website.

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With a decade-long career as a digital content creator, Georgie started out as a real estate journalist for Multi-Housing News & CPExecutive. She later transitioned into digital marketing, working with leading real estate websites like PropertyShark, RENTCafé and Point2Homes. After a brief but impactful stint in the start-up world, where she led the marketing divisions of fintech company NestReady and media publisher Goalcast, Georgie returned to her first passion, real estate, and founded FancyPantsHomes.com