Chimney Rock Park was sold for $24 million.
The iconic 996-acre Chimney Rock Park was acquired by NC State Parks in 2007 for $24 million. This significant purchase was made possible through a combination of efforts and funding sources, ensuring the preservation of this natural landmark.
Key Details of the Acquisition
The acquisition of Chimney Rock Park involved strategic financial contributions and collaborative efforts:
- Purchase Price: The total sale amount for the 996-acre park was $24 million.
- Purchaser: NC State Parks officially acquired the property.
- Year of Sale: The transaction was finalized in 2007.
- Funding Assistance:
- A substantial $15 million special appropriation was secured in 2006 with the support of legislative leaders and then-Governor Mike Easley.
- Additional crucial assistance was provided by The Conservation Fund, which helped bridge the gap to the final purchase price.
This collaborative effort allowed for the successful transition of Chimney Rock into a state park, opening it up for public enjoyment and conservation under the management of the North Carolina State Parks system.
Overview of the Acquisition
| Detail | Information |
|---|---|
| Sale Price | $24 million |
| Purchaser | NC State Parks |
| Year | 2007 |
| Acreage | 996 acres |
| Key Funding | $15 million special appropriation (2006) |
| Support | The Conservation Fund |
For more information on the history and significance of the park, visit the official Chimney Rock State Park website.
