FarmLand

Owning Farmland is the New Status Symbol?

Although owning land has always been something of a status symbol, traditionally most of the very wealthy who own acreages don't use them as a permanent address but instead as a getaway spot. For many having money means living a fast-paced jet-setting lifestyle in the city, where spending money and enjoying luxurious amenities like spa treatments and VIP experiences is most convenient. But that trend is reversing, it seems, with many of today's wealthy leaning more and more towards a slower, more comfortable, "back the roots" kind of life. Many are still traveling the world and paying big bucks for daily extravagances, but they're basing their lives out of a calmer and more natural environment. They're buying acreages of farmland and building their homes there, and besides enjoying the serenity and quietness it brings many are actually growing some of their own food and working towards more sustainable and old-fashioned lifestyles. Believe it or not, farmland is becoming the new status symbol!

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Tags: farm, farm land, farming, FarmLand, lifestyle, lifestyles, locavore

Glen Avon Farms, Estate of the Day

by Deidre Woollard (RSS feed) —

Filed under: Estates

Glen Avon Farms is an expansive piece of property in West Greenwich, Rhode Island. The estate is over 970 acres that encompasses pastoral fields, a 60 acre pond and woodland areas. The property has an eight bedroom house, a guest cottage, barns, outbuildings and a gazebo. But the main lure here is a big sprawl of land that can also has subdivision possibilities. $12.5 million saves it from the developers and gives you plenty of room to roam.

[via Luxury Real Estate]

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Tags: farmland, real estate, RealEstate, rhode island