Patricia Kluge's Vineyard Estates Facing Foreclosure
Another foreclosure threat is dogging Patricia Kluge and Bill Moses. Earlier this month the Kluge Estate Winery and Vineyards in Virginia failed to sell at auction staying with lender Farm Credit Bank. Now The Hook reports that five lots in their 24-lot Vineyard Estates subdivision are facing a similar fate. The parcels are in Meadow Estates, phase one of a planned subdivision in southern Albemarle. They total 122 acres and are assessed at $6.9 million. A property auction notice shows that Vineyard Estates LLC owes $8.2 million. They are set to be sold off at the Albemarle County Courthouse on January 11. The Hook also says that Farm Credit holds a second lien on Albemarle House, Kluge's mansion that was once listed for $100 million but now can be had for $24 million.