PETER W. PATOUT

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  • BLOG
  • HOME
  • ABOUT
    • Meet Peter
    • Press
    • Code of Ethics and Standards of Practice
    • Selling your home with Peter Patout
    • Buying your home with Peter Patout
  • LA HISTORIC PROPERTIES
    • Acadiana >
      • Rental: Ory Patout House
    • Felicianas >
      • Brame Bennett
    • Southeast Louisiana >
      • Burgundy
      • Burgundy, 1A
      • Burgundy, 1B
      • Burgundy, #2A
      • Burgundy, 3A
      • Esplanade, #E
      • St. Ann
      • Ursuline, #6
      • Creole Maisonette Rental
      • Historic Cottage Rental
  • MS HISTORIC PROPERTIES
    • Natchez >
      • Rosswood
      • The Elms
  • PERIOD ROOMS
    • Jacobean
    • Hacton
    • Greek Revival
    • Colonial
  • PAST LISTINGS
    • Maison Chenal / LaCour House /Holden Collection
    • Canemount (1851)
    • First Street
    • Belmont Historic Inn
    • North Robertson
    • Bayside Plantation
    • Belle Alliance Mansion
    • Mary Plantation
    • 2615-2621 Chartres St.
    • The Galleries (c. 1869)
    • Loisel House (c. 1830)
    • Cold Spring Plantation
    • Dunleith Historic Inn
    • Fern Hill (c. 1904)
    • Maison Blanche
    • 3440 Coliseum Street (L-19th C)
    • Reymond House (1898)
    • 3441 Chestnut Street (L-19th C)
    • Annunciation
    • 2624-2626 Chartres St.
    • Crawford Plantation House (c. 1836)
    • Fonsylvania (c. 1825)
    • N. Roman
    • Grand Creole Cottage (c. 1828)
    • 1231 Chartres Street, Unit #1
    • Simien House (c. 1910)
    • Hubbs House (1803)
    • Trowbridge House (1840)
    • Lt. Gov. Dr. Paul Cyr House
    • 1002 Jackson #B
    • 911 St. Peter Street #6 (c. 1838)
    • The Blue House
    • Orange Cottage
    • Arabi Shotgun
    • McClure House
    • 231 N. Rampart Street #6
    • 2627-29 Chartres Street
    • Moss House (c. 1890)
    • Paradise Park (c. 1870)
    • 836 St Peter Street, #5
    • Wetherbee House (late-19th c)
    • 825 Smith Drive
    • 1127 Decatur Street, Apt C
  • BLOG
Picture

Natchez Real Estate Market on Upswing

12/16/2019

3 Comments

 
DUNLEITH IS SOLD AND TWIN OAKS NEWS!
THE JEWEL OF THE CROWN! 
Dunleith Historic Inn is Mississippi’s only surviving Temple-type
form antebellum home surrounded by columns
Picture
Maybe you’ve heard that Dunleith Historic Inn recently sold to prominent New Orleans hotelier Joe Jaeger and his business partners Mike Blattner and Randy Waesche. The property is now in good hands. I join the community's excitement about this sale.

Marketing this property allowed me to share my love, passion and belief in Natchez, and the interest I developed in Dunleith was global!  

Over three years, I attracted 24 qualified buyers and submitted 5 offers ranging between $3.5 and $4.5 million. The latter was an all cash offer in September of 2018 from a California client I represented.  

This was an extraordinarily difficult listing which required me to weather the challenges of the original seller's bankruptcy, the involvement of a court-appointed trustee, and an eventual bank foreclosure of the property. 

The foreclosure formally ended my Dunleith listing, at which point the bank pursued, without my involvement, a number of my prospective buyers, including  Joe Jaeger. 

Because I was the the agent who first introduced the eventual buyer to Dunleith, I am proud to have been instrumental in this sale. I appreciate what Dunleith means to Mississippi and lovers of historic buildings everywhere. 
Vertical Divider
Picture
Joe Jaeger now joins hospitality legend Warren Reuther in choosing to invest in Natchez. More investment in this charming river city is sure to follow.  
​
​Jae
ger's Business partner Mike Blattner lives in Natchez and the group is already moving forward to reopen the luxury property as an inn, restaurant and event venue in coming months. 

For more information on Dunleith, view my 83 page property information packet here. The Jaeger team loves it!

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While Natchez is a buyers market offering incredible values for historic properties, Dunleith's sale and these recent events point to a stronger real estate market ahead:
  • the location of Vidalia Denim Mills and area manufacturing growth
  • the exponential impact of the film industry and Tate Taylor and John Norris’ continual area investment
  • and the former Train Depot moving toward development. 
Everyone benefits from these developments and the positive momentum of the market starting with coffeehouses, restaurants and retail. The tree-planting beautification efforts downtown are symbolic of the progress. 

Optimism is growing in Natchez! 

I AM EXCITED TO BE 
THE LISTING AGENT FOR
THIS INCREDIBLE PROPERTY

Just across the street 
from Dunleith Historic Inn ...


Twin Oaks Greek Revival Home
​

LISTED ON THE NATIONAL REGISTER OF HISTORIC PLACES
Income Producing Investment
Located in an Opportunity Zone
Established Bed & Breakfast with Six Rooms in Separate Building

Twin Oaks, formerly known as “White Cottage,” built circa 1852

Twin Oaks benefits from its proximity to Dunleith
as a source of additional rooms, dining & entertaining capacity,
a commercial kitchen ideal for cooking classes, and it's perfect
for small conferences, corporate and special events  


View property information packet
Picture
Street view of beautifully scaled main house under a canopy of
majestic live oak trees on six-acres of raised grounds

Read my blog post
Picture

From my blog:
WHY INVEST IN NATCHEZ?
​


3 Comments
David Smith
8/1/2023 03:32:37 am

I live in England, I'm Englishl, I have family that live near Natches. I'm interested in this property and others similar as an investment, I'd also like to buy a holiday home, preferably close to the river in the region of $900.000. I've visited Natchas numerous times and fallen in love with it. I'm also a cash buyer so hopefully a negotiation on price etc will be relatively quick. I look forward to hearing back from you..

Reply
Dan Harshbarger link
9/21/2023 02:06:40 pm

Hi David!

I see that you’re interested in something similar to Dunleith Historic Inn. My name is Dan Harshbarger and we have a client that is selling a custom built mansion in Southern Illinois and the exterior was modeled after Dunleith Historic Inn that you might be really interested in. The mansion comes with 230 acres that backs up to Crab Orchard National Wildlife Refuge. There is also the option to purchase the house and the 39 acre plat the house sits on, if you didn’t want the full 230 acres. There is a lake on the property very close to the mansion, so both options would give you a private water front view!

I would love to send you the listing info and even do a virtual tour if you’d like to see it live. Feel free to email me at [email protected] and I’ll send the listing your way.

Thanks,
Dan Harshbarger
Harshbarger Realty Group
Keller Williams Pinnacle
618-867-6414

Reply
Matrimony Sugar Land link
5/7/2024 08:54:48 pm

Thankss for the post

Reply



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Peter W. Patout,
Historic Property Realtor

1111 Bourbon Street
New Orleans, Louisiana 70116
c: (504) 481-4790
e: [email protected]
Licensed in the State of Louisiana and Mississippi
Talbot Historic Properties
605 Congress Street
New Orleans, Louisiana 70117
o: (504) 415-9730

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