Tentative Agreement Reached on Natural Bridge of Virginia Sale
ROANOKE, Va. (Nov. 22, 2013)—Woltz & Associates, Inc. today announced that a tentative agreement for the conveyance of Virginia’s Natural Bridge and its surrounding properties has been reached with a non-profit conservation organization. If the agreement is finalized by all parties in the coming days, the auction scheduled for Dec. 18 will not go forward.
“We’ve worked diligently along two paths to sell the 1,600 acres along with the Natural Bridge Hotel, the caverns at Natural Bridge and the historic bridge itself. One path has been to sell the property in 35 separate parcels at auction on Dec. 18. At the same time, we’ve sought an opportunity to eventually bring the famous rock arch, caverns and over 1,000 acres into either the National Park or Virginia State Park system,” said Jim Woltz, President of Woltz & Associates.
Woltz & Associates is the regional real estate auction company managing the sale of Natural Bridge. The Bridge and its surrounding property—including the hotel—have been owned and operated by Washington, DC area real estate developer Angelo Puglisi since 1988. Mr. Puglisi purchased the property with the intent of keeping it accessible to visitors forever.
In addition to moving forward with auction preparations, Woltz led discussions to find an alternative to a sale if possible. Numerous conservation groups, individuals and organizations came together to discuss ideas and other options to having an auction sale.
“It is quite unusual for us to call off an auction. However, there is so much historical significance attached to this national landmark—once owned by Thomas Jefferson and surveyed by George Washington— that we consider it the right thing to do,” said Woltz.
The tentative agreement is structured so that the Bridge and its surrounding property will transfer to a non-profit conservation group in an innovative public-private partnership. The new owner will assume financial, technical, and operational responsibility for a defined period of time.
Today the Bridge itself is designated as a Virginia Historic Landmark as well as a National Historic Landmark. Known as one of the world’s natural wonders, the beauty and spectacle of The Natural Bridge of Virginia has attracted visitors from around the globe since the time of Thomas Jefferson’s ownership. It is a significant local, regional and national attraction.
Confirmation of the transfer and its new owner will be announced upon agreement by all parties involved in the contract of sale.
About Woltz & Associates:
Woltz & Associates, Inc. is one of the Mid-Atlantic’s largest real estate auction/brokerage companies and specializes in estates, farms, ranches, commercial, industrial and investment properties, residential developments, office buildings, and timber, hunting and recreational land.
About the Natural Bridge:
The Natural Bridge is a portal to U.S. history. Easy to get to and hard to forget, it's just off I-81 in Virginia’s Shenandoah Valley. Over five million years old, standing 215 feet at its highest reach, surveyed by George Washington and once owned by Thomas Jefferson, the Natural Bridge is in the esteemed list of being one of the most notable natural wonders of the New World.
The Natural Bridge of Virginia sits in the southern end of the Shenandoah Valley, flanked by the Blue Ridge Mountains. Forged by nature millions of years ago, the solid limestone bridge stands 20 stories high with a span of 90 feet.
Known as one of the world’s natural wonders, the beauty and spectacle of The Natural Bridge of Virginia has attracted visitors from around the globe since the time of Thomas Jefferson’s ownership and continues today to be a significant local, regional and national attraction. During colonial times and into the early Republic, the Natural Bridge was considered one of the most notable natural wonders of the New World. Today the bridge itself is designated as a National Historic Landmark as well as a Virginia Historic Landmark.
It is doubtful that many properties exist today that are still privately owned which offer so much legacy and history. At the age of 18, George Washington is said to have surveyed the property for Lord Fairfax in 1750. Washington, as the story is told, is said to have scaled some twenty-three feet up the southeast wall of the Bridge and chiseled “G.W” into the stone wall. Thomas Jefferson first saw the Natural Bridge in August of 1767. On July 5, 1774, King George III granted 157 acres of land, including the Natural Bridge to Thomas Jefferson for 20 shillings. The history of the Natural Bridge is rich and deep and offers an incredible opportunity to private investment funds/individuals, hotel operators/investors, conservation groups, developers, land investors and individuals looking for a beautiful Virginia parcel of land to construct their own estate or dwelling.
The Bridge is a stone arch spanning a distance of 90 feet and towering 215 feet above Cedar Creek. Rockbridge County is named for the Bridge. U. S. Route 11 passes directly over the Natural Bridge and was the primary north-south corridor for travel and transportation through the Shenandoah Valley. Visitors can either walk down to the trail head on Cedar Creek or take a short bus ride. The trail under the Bridge and along Cedar Creek begins at the Summer House. At the Summer House visitors can enjoy beverages and food in the open dining area. The trail then leads to the Natural Bridge where visitors linger and take in the massiveness of this stone arch. From the Bridge, the Cedar Creek Nature trail continues through the Cedar Creek Gorge passing the Monacan Indian Village complete with interpreters and ending at Lace Falls. Visitors then return each evening to the Bridge to witness the Drama of Creation light show.
The second most significant feature of The Natural Bridge of Virginia is the famous Natural Bridge Hotel and Conference Center. The Hotels is a three story brick structure constructed in 1964 replacing the historic frame hotel. The Hotel is 71,640 square feet and boasts 92 guest rooms. The main floor includes lobbies, gift shop, offices, and restrooms, Jefferson Ballroom (5,600 square feet), Colonial Dining Room (Seats 200) and Kitchen. The Red Fox Lounge adjoins the Colonial Dining Room and seats 50. Adjacent to the main hotel is the Annex. This is a three story brick structure built in 1952 with 9,720 square feet and 30 guest rooms. In addition to the Annex there are eight brick cottages in close proximity to the Hotel which have an additional 36 guest rooms. The Natural Bridge Gift Shop is a 50,990 square foot brick building built in 1954 having slate roof and full two story columns on the front. On the first floor it houses the gift shop, restaurant, ticket sales, offices, restrooms and candy counter. On the lower level one will find restrooms, game room, butter fly exhibit and entrance to bus and Bridge pathway. The Natural Bridge Caverns are located a short distance north of the Hotel and have been opened to the public since 1977. Visitors enjoying the Natural Bridge Caverns tour descend more than 34 stories deep into the earth. The tour is highlighted by Mirror Lake, the Waterfall Room, the Canyon Room, the Colossal Dome Room, and the Wishing Well Room. The Cavern building was built in 1980 and houses the gift shop and entrance to the Caverns. Another major attraction at the Bridge is the Natural Bridge Wax Museum. The Wax Museum building is a two story brick structure built in 1957 with 14,052 square feet of space and also part of gift shop tract. For many years it has been leased to Dorfaman Museums who run the exhibit and have their workshop located here.
Click to Enlarge
From I-81 Southbound take exit 180 and then Route 11 south. From I-81 Northbound take exit 175 and then north on Route 11.
Distances to Natural Bridge:
Blacksburg, VA - 69 miles
Charlottesville, VA - 80 miles
Fredericksburg, VA - 150 miles
Harrisonburg, VA - 70 miles
Lexington, VA - 16 miles
Lynchburg, VA - 35 miles
Norfolk, VA - 195 miles
Richmond, VA - 35 miles
Baltimore, MD - 226 miles
Charleston, WV - 195 miles
Charlotte, NC - 225 miles
Washington, DC - 180 miles
Asheville, NC - 270 miles
Facility Map - Also See Building Descriptions
Hotel and Annex Floor Plan
Location and Directions
The Caves of Natural Bridge - Virginia Cellars Vol. 3 No. 2
Map of The Caverns at Natural Bridge Village
Preliminary Survey (Updated 11.7.13)
June 21, 2013
Feds to review Natural Bridge for national park
Seattle Post Intelligencer
ROANOKE, Va. (AP) — The National Park Service has agreed to study the possibility of turning Natural Bridge into a national park. The federal agency responded Thursday to Republican U.S. Rep. Bob Goodlatte's request for the study earlier this week.
Natural Bridge Could Become a National Park
The Charlottesville Newsplex
The National Park Service says it will study the possibility of turning the Natural Bridge into a national park. Representative Bob Goodlatte requested the study earlier this week, suggesting private funds be used and a conservation easement be placed ...
June 20, 2013
Natural Bridge to be considered for national park
Bob Goodlatte on Wednesday asked the National Park Service to study whether it would be possible to potentially add Natural Bridge to the park system. He suggested that private funds be used and that a conservation easement be placed on adjoining ...
Va. lawmaker wants Natural Bridge as national park
Seattle Post Intelligencer
ROANOKE, Va. (AP) — A Roanoke-area congressman wants the federal government to study the possibility of turning Natural Bridge into a national park. The Roanoke Times reports (http://bit.ly/1bWZLc9) that Republican U.S. Rep. Bob Goodlatte on ...
Goodlatte wants Natural Bridge to become national park
Lynchburg News and Advance
In an Oct. 4, 2012 photo, groups of home-schooled students walk under the Natural Bridge during a field trip organized by the Home Educators Association of Virginia. The privately owned Natural Bridge in Rockbridge County is being put on the market ...
Study to gauge possibility of national park at Natural Bridge
“As a result of a request from those looking at the various options for the future of the landmark, I have asked the National Park Service to study whether it would be possible to potentially add Natural Bridge to the system under very specific ...
Goodlatte asks park service to study Natural Bridge
The privately owned 215-foot-high geological landmark and tourist attraction in Rockbridge County, was recently put up for sale. Goodlatte, R-Roanoke County, whose 6th Congressional District includes Natural Bridge, asked the National Park Service to ...
June 7, 2013
Staunton News Leader
Tourist attraction entered into campaign: Lexington and Rockbridge Area Tourism has entered Rockbridge County's Natural Bridge into VirtualTourist.com quest to crown the Eighth Wonder of the World. Voters can visit www.virtualtourist.com until Sept.
June 4, 2013
Natural Bridge Up for 8th Wonder of the World
Rockbridge Co., VA - Natural Bridge could be named the 8th Wonder of the World, if enough people vote online. There's a contest going on right now to get the Virginia landmark on the list. The web site virtualtourist.com is asking the public to vote ...
June 3, 2013
Natural Bridge entered in 8th "virtual" wonder of the world ... - Roanoke
Lexington & the Rockbridge Area Tourism group entered the landmark and attraction into a contest put on by www.VirtualTourist.com. Public voting will ...
Information will continually be updated and posted on the website, www.woltz.com. Please contact Woltz and Associates at 800-551-3588 to request a brochure, information or speak with a representative.