Red Bluff
Case Study

CASE STUDY

Red Bluff Plantation is a 6,400+ acre forest land property situated between the Wright River and New River in Jasper County South Carolina, 11 miles from historic downtown Savannah GA. The property consists of approximately 2,000+ acres of high ground and 4,400+ acres of tidal salt marsh. It offers 4,500 +/- feet of deep-water frontage along the New River and 50,000 +/- feet of salt marsh frontage. The property has views of Palmetto Bluff, Daufuskie Island, and downtown Savannah. The plantation dock is approximately 6 miles from the Intracoastal Waterway and 8 miles from the Atlantic Ocean with water depth and width sufficient to handle large sailing vessels and motor yachts. The property contains several structures including a reproduction of a typical 19th Century Plantation house built in 1981, overseer’s house, 3 tenant houses, equipment shed, and large barn housing stalls, tack room, storage, and loft. The tract contains well stocked pine plantations as well as natural hardwood stands. Hunting amenities include approximately 20 acres of food plots, an 18 acre dove field, and 4 plant-and-food duck impoundments totaling 47 acres. The property also includes a 1,450+/- ft. grass airstrip.

Through a non-auction confidential process American Timberlands Fund II, L.P. acquired the property in December 2011 at a significant discount to its September 2011 appraised value. The property had been owned by a single family over two generations and had not been available for sale for over 70 years. Red Bluff is one of the few remaining pristine plantation properties on the east coast of South Carolina that has never been managed with a development or conservation plan.

Low Density Conservation Development Potential
ATC has developed a strategy for Red Bluff that will provide its future owners with the opportunity to purchase a one-of-a-kind plantation parcel, potentially participate in conservation or future development of the property, have access to the plantation’s amenities, and generate income through event rentals, guided hunting, and other fee paying recreational activities.

The property's rare and luxurious amenities combined with its proximity to Savannah, GA (11 miles) and Interstate 95 (13 miles) create the potential for a significant luxury residential or resort development. The property's unique and untouched natural resources and scenic beauty also provide significant conservation value. ATC is currently working with its environmental consultant, conservation consultant, engineers, and demographic researchers to determine the plantation's development and/or conservation value.

In addition, Red Bluff's existing amenities and planned future amenities can be managed to generate revenue for the plantation's future owners. Since acquiring the plantation, ATC has:

  1. renovated and updated the plantation house, overseer’s house, tenant houses, and horse barn for wedding, festival, and other event rentals;
  2. constructed a new dock and boat landing to provide enhanced river access;
  3. developed an early-release quail hunting operation led by a renowned quail outfitter which successfully conducted over 250 guided hunts during the 2015-2016 season; and
  4. improved and constructed roads to provide better access to the entire property for expected future recreational use.

Upon completion of the property's improvement plan, defining the property's development and/or conservation value, and having established a stable event rental and guided hunting business, ATC expects to market and sell Red Bluff in year five of its holding period.

For additional information about Red Bluff, please visit the plantation's website: www.redbluffplantation.com

All photos taken from American Timberlands owned or managed properties

1201 Main Street Suite 1980, Columbia, SC 29201    OFC 803.748.1224    FAX 803.748.1288

98 Centermarsh Lane, Pawleys Island, SC 29585    OFC 843.979.2221    FAX 843.979.2222