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Posts Tagged ‘burt reynolds’

  • Burt Reynolds Ranch project gets county approval

    K. Hovnanian to construct 30 single-family homes on 153-acre site
    May 05, 2014 12:45PM
    Burt Reynolds and Jupiter Farms

    Burt Reynolds and Jupiter Farms

    Homebuilder K. Hovnanian got the official go-ahead to build a residential development on the Burt Reynolds Ranch in Jupiter Farms.

    The company’s proposal to construct 30 single-family homes on about 40 percent of the 153-acre site was approved by Palm Beach County commissioners last week. Reynolds filmed scenes from his movies and held his wedding to Loni Anderson on the farmland. The ranch is located two miles south of Indiantown Road along the west side of Jupiter Farms Road. [more]

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  • Burt Reynolds and Jupiter Farms

    Burt Reynolds and Jupiter Farms

    The Palm Beach County Commission unanimously approved a land-use change that officially allows the Burt Reynolds Ranch in Jupiter Farms to hold a development of 30 homes, instead of 15.

    Residential builder K. Hovnanian Homes received an initial green light to double the number of houses last month from the Palm Beach County Planning Commission, as previously reported. At the time, only 15 residences were allowed on the 153-acre Jupiter Farms Road property. [more]

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  • Burt Reynolds Ranch project gets initial OK

    Hovnanian wants to build up to 30 homes on PB County property
    December 16, 2013 02:15PM
    Burt Reynolds and Jupiter Farms

    Burt Reynolds and Jupiter Farms

    Major residential builder K. Hovnanian Homes has received an initial go-ahead to double the number of houses allowed on the Burt Reynolds Ranch in Palm Beach County.

    The New Jersey-based developer got unanimous approval to construct up to 30 homes on the 153-acre ranch from the Palm Beach County Planning Commission on Friday, the Palm Beach Post reported. Only 15 residences are currently allowed on the Jupiter Farms Road property. [more]

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  • Jupiter Farms and Burt Reynolds

    The Palm Beach County school board is selling a rural property known as the Burt Reynolds Ranch to New Jersey-based developer K. Hovnanian Homes for $5 million despite the opposition of nearby homeowners, the Palm Beach Post reported. The board voted 5-2 to sell the 153-acre Jupiter Farms, which Reynolds owned for decades. [more]

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  • Former Burt Reynolds ranch for sale

    January 30, 2012 12:45PM

    Burt Reynolds and Jupiter Farms

    A ranch formerly owned by actor Burt Reynolds is now for sale, the Palm Beach Post reported. The 153-acre Jupiter Farms property is owned by the Palm Beach County School District, which had looked to build a school on the site in 1999 after purchasing it from Reynolds for $3.85 million. Reynolds’ real estate has been in the news of late, particularly his Hobe Sound home, which is currently in foreclosure. He filmed scenes for Smokey and the Bandit at the ranch, where he also married actress Loni Anderson. [Palm Beach Post]

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  • Burt Reynolds and his Hobe Sound home

    Actor Burt Reynolds, who is facing foreclosure on his home in Hobe Sound, has lowered the price on the home to $4.99 million, according to the Sun Sentinel. Reynolds has remained reluctant to talk about how the home ended up in foreclosure. The home was discounted in 2009 to $8.9 million, the Wall Street Journal reported. It was originally listed in 2006 for $15 million.[Sun Sentinel]

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  • Burt Reynold’s is not spilling the beans about how his Hobe Sound home ended up in foreclosure. In an interview with ABC News, he said he was “as surprised as everyone. I thought my career and my life could not be going better,” he said. “There are a hell of a lot of other people worse off than I am, and my heart goes out to them.”
    Reynolds had a $1.2 million mortgage on the house and hadn’t made a payment since September 2010. He has a second mortgage on the home from Bank Atlantic for $750,000. The actor has been trying to unload the four-acre estate for some time. He put it on the market in 2009 for $8.9 million. [WSJ]

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  • Merrill Lynch has filed to foreclose on actor Burt Reynolds’ longtime Hobe Sound home, the Sun Sentinel reported. The bank is seeking to collect around $1.2 million for a mortgage on his four-acre estate after Reynolds allegedly failed to make a payment since September 2010.

    “No subsequent payments have been made,” the lawsuit said. “Plaintiff must be paid $1,193,808 in principal on the mortgage note and mortgage, together with interest from Aug. 1, 2010, and all costs … and reasonable attorney’s fees.”
    BankAtlantic holds a second $750,000 mortgage on the Mediterranean-style home, which currently is valued at $2.4 million, the Sentinel said.

    Reynolds listed the 12,500-square-foot for sale for $8.9 million in 2009. [more]

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