The Rome News Tribune is reporting that almost 36 acres of Zion Farms in Northwestern Floyd County has been sold to Rome businessman Lee Bagley by Citizens First Bank. Bagley confirmed the deal today but would not discuss the price or what he might do with it.
Citizens First recently accepted a deed on the 35.89 acres in lieu of foreclosure and listed the asking price as $675,000. The site includes the estate’s main barn, office building, old stables and other buildings that had been rented for corporate meetings, weddings and other celebrations.
Earlier this month, United Community Bank foreclosed on approximately 20 acres of Zion Farms and is seeking a buyer for the land.
Rena Cooper-Webb, president of Zion Farms, thought in November that the Animal Companion Rescue Foundation was buying most of the 310-acre property, but the deal fell through.