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The CEO of the sportswear firm Below Armour is trying to half methods with the sprawling horse farm he owns in Maryland.
Actual property agency Compass introduced earlier this week that the 400-acre property was going up on the market, calling it “one of Maryland’s most iconic equestrian estates.”
The property, referred to as Sagamore Farm, carries a $22 million price ticket.
The house has a $22 million asking worth (Matt Rybczynski)
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It’s nestled within the countryside close to Reisterstown.
Sagamore Farm options horse racing amenities “designed for excellence and versatility,” a large major dwelling and dwelling quarters for workers and jockeys on its grounds, in line with its itemizing with Compass agent Denie Dulin.
The primary residence on the farm sprawls 16,000 sq. toes.
Inside the house, there are seven “oversized” en-suite bedrooms, its itemizing mentioned. Together with the en-suites, it boasts 9.5 loos complete.
A view of inside the primary home at Sagamore Farm (Matt Rybczynski)
The itemizing described the multi-story dwelling as being “designed for both elegant entertaining and luxurious everyday living,” replete with “expansive living spaces.”
It features a library and convention room, amongst different areas, in line with a press launch.
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Compass’ itemizing mentioned the farm “stands as a premier breeding and training ground for the thoroughbred racing industry.”
There’s a “state-of-the-art” Tapeta artificial racing observe, three “fully renovated” barns and a slew of paddocks for horses. One of many barns at present serves as a “whisky barn,” in line with the press launch.
A horse operating at Sagamore Farm (Matt Rybczynski)
A clocker’s tower overlooking Sagamore Farm’s observe was constructed at Plank’s instruction, The Journal reported.
The Below Armour CEO advised The Journal the land and numerous work and enhancements he had executed on the historic farm price over $22 million. Sagamore Farm wound down its horse racing operations a number of years in the past, in line with the outlet.
The farm has long-time ties to the horse racing business. Some well-known racehorses with hyperlinks to it embrace Native Dancer, Discovery and Mattress o’ Roses.
A horse in a subject at Sagamore Farm (Matt Rybczynski)
Plank’s consideration to Below Armour and his youngsters being adults contributed to his determination to place the property in the marketplace, The Journal reported.
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“Sagamore isn’t just an iconic Maryland farm; it’s a living testament to American greatness,” Plank mentioned in an announcement. “Restoring Sagamore Farm to its former glory has been one of the greatest joys in my life, but now it’s time for the next steward to carry the torch and continue its legacy for generations to come.”
It’s nestled within the countryside in Maryland (Matt Rybczynski)
He created Below Armour within the 90s. The corporate has generated $3.98 billion in internet revenues over the primary three quarters of fiscal 2025 and introduced in $5.7 billion over the whole lot of fiscal 2024.
Below Armour has helped Plank amass a private fortune of $1.1 billion, in line with Forbes.