PETER W. PATOUT

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  • 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 >
      • Loisel House (c. 1830)
      • Rental: Ory Patout House
    • Southeast Louisiana >
      • Paradise Park (c. 1870)
      • Fern Hill (c. 1904)
      • Grand Creole Cottage (c. 1828)
      • Reymond House (1898)
      • Rental: Creole Maisonette
      • Rental: Historic Cottage
      • Treme Greek Revival Sidehall Camelback
      • Belle Alliance Mansion
  • MS HISTORIC PROPERTIES
    • Delta >
      • Belmont Historic Inn
    • Natchez/Woodville >
      • 326-328 Main Street
  • Blog
  • Past Properties
    • Simien House (c. 1910)
    • Fonsylvania (c. 1825)
    • Hubbs House (1803)
    • 1002 Jackson #B
    • Cold Spring Plantation
    • Dunleith Historic Inn
    • 2627-29 Chartres Street
    • Bayside Plantation
    • Lt. Gov. Dr. Paul Cyr House
    • Trowbridge House (1840)
    • The Blue House
    • Orange Cottage
    • Maison Blanche
    • Arabi Shotgun
    • McClure House
    • 231 N. Rampart Street #6
    • Mary Plantation
    • 836 St Peter Street, #5
    • 825 Smith Drive
    • 1127 Decatur Street, Apt C
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Natchez Real Estate Market on Upswing

12/16/2019

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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
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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
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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
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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
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From my blog:
WHY INVEST IN NATCHEZ?
​


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Peter W. Patout,
Historic Property Realtor

1111 Bourbon Street
New Orleans, Louisiana 70116
c: (504) 481-4790
e: peterpatout@yahoo.com
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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