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Tentative buyer found for landmark Natural Bridge

Saturday - 11/23/2013, 10:50am  ET

NATURAL BRIDGE, Va. (AP) -- A Virginia landmark and tourism attraction once owned by Thomas Jefferson has a tentative buyer.

Roanoke-based Woltz & Associates says it has reached a tentative agreement with a nonprofit conservation organization to buy the privately owned Natural Bridge in Rockbridge County.

The 1,600-acre property that includes Natural Bridge Caverns and a 150-room hotel was to be auctioned off in December. It includes the 215-foot-high limestone arch that was carved naturally by the creek that runs under it.

The Roanoke Times reports (http://bit.ly/1iDVUHb) that the organization isn't being named until the sale is complete. It plans to get the landmark into a park system.

The property's primary owner is Washington, D.C., businessman Angelo Puglisi. There were no buyers in 2007, when the entire property was listed for sale for $39 million.

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Information from: The Roanoke Times, http://www.roanoke.com


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