Originally written on Busted Coverage  |  Last updated 7/6/12

Ever wanted to own your a horse farm subdivision in North Carolina with 139 acres and multiple riding stables? NASCAR driver Joe Nemechek wants you to take his Mooresville property off his hands. This guy has been bleeding cash since purchasing this insane development just before the stock market crashed. The original idea was to sell off plots of land to horse enthusiasts. Only one house was ever built. You get it, too. 

Nemechek put the property on the market for $11M in 2009. That number has dropped over the years to $8.4M. With nobody stepping up with the cash, auction was a last ditch effort.

“It’s definitely time to move on to the next chapter of my life – the next project,” he said, adding that this was his largest – and last – real estate project, according to the Charlotte Observer.

Translation: the auction will be a bloodbath. The guy is 48 and has four career NASCAR wins. Not exactly a guy swimming in cash.

Highlights of Joe Nemechek’s Horse Pad:

• 5 bed, 6.2 baths

• 8,900 sq. ft.

• Lots of limestone, open concept, blah, blah, blah

• Horse arena!

• 60 miles to Whole Foods

• 12.5 miles to Nicole’s strip club

Asking: Auction with NO RESERVE!

Mortgage: If you need to know, you shouldn’t be bidding. Figure on spending at least $25,000 a month on maintaining the horse facility.

[Buy Joe Nemechek's Horse Subdivision - Concierge Realty]


Filed under: Other Sports
GET THE YARDBARKER APP:
Ios_download En_app_rgb_wo_45
MORE FROM YARDBARKER

Report: Bradford, Eagles hope to sign short-term extension

Aaron Rodgers: TV networks have ‘too much access’

Adrian Beltre completes cycle, gets mad when assaulted

Gruden had to convince Dan Snyder to bench RG3

Jim Mora turns P. Diddy fight into recruiting pitch for UCLA

LIKE WHAT YOU SEE?
GET THE DAILY NEWSLETTER:

Illinois releases results of women's basketball probe

Richie Incognito named starter by Rex Ryan

DeMarco Murray isn't thrilled Eagles limited reps in practice

Brandon Weeden: 'God forbid I am forced to play' for Dallas

Ben Roethlisberger: Markus Wheaton is ready to break out

Hernandez tipster allegedly had sexual relationship with him

WATCH: Giants players fight during training camp

Lindsey Vonn shows support for Tiger Woods on Twitter

Report: Rousey to star in film based on her autobiography

Porn star offers to cook meal for any sports champion

Why everyone is wrong about Cowboys Tony Romo, Part 1

Oregon was only team drug tested during CFB Playoff?

Five 2nd year NBA players ready to take the next step

John Daly wants to be US Ryder Cup captain

Rodgers appears in another Olivia Munn workout video

Matt Hasselbeck is still getting random drug tests

Five teams that won at the MLB trade deadline

What should be expected from Aaron Rodgers in 2015?

All Sports News
Delivered to your inbox
You'll also receive Yardbarker's daily Top 10, featuring the best sports stories from around the web. Customize your newsletter to get articles on your favorite sports and teams. And the best part? It's free!

By clicking "Sign Me Up", you have read and agreed to the Fox Sports Digital Privacy Policy and Terms of Use. You can opt out at any time. For more information, please see our Privacy Policy.
the YARDBARKER app
Get it now!
Ios_download En_app_rgb_wo_45

Adrian Beltre gets mad when assaulted after HR

Lindsey Vonn shows support for Tiger

Notre Dame doesn't need a conference

Rex takes jabs at Jets' management

Sanchez: It's 'crazy' to call Chip racist

Ronda Rousey calls out Cyborg

Five most underrated players in the NFL

Five potential NFL salary cap casualties this preseason

Winners and losers of the 2015 MLB trade deadline

Pirates do Pirates at deadline: Neat little moves

Mets acquire Cespedes from Tigers

Ranking the NFL’s 32 head coaches

Today's Best Stuff
For Publishers
Company Info
Help
Follow Yardbarker