For sale: Cornelia Fort Airpark

The owner of the Cornelia Fort Airpark (M88) in Nashville is trying to find a buyer for the 65-year-old private airport after its bank canceled the company’s operating line of credit, according to a story at Tennessean.com.

The story quotes Ernest “Bill” Colbert, president of Colemill Enterprises Inc., which owns and operates the airport, who says that at least two potential buyers have expressed an interest in the facility. He declined to identify them but said a sale could occur within a few weeks. Colbert, 88, has operated the airport for the past 50 years.

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  1. Here is the most famous airpark in the world:

    Nested in Northeast Florida, a few miles south of Daytona Beach and NASCAR’s epicenter, the Daytona International Speedway, lies one of the most unique residential communities in the world.

    The Spruce Creek Fly-in Community is the world’s most famous residential airpark. With a 4,000 ft lighted runway and a GPS approach, the private airport at the center of the community can accommodate anything from a Stearman to a Gulfstream.

    Originally a navy airfield during WWII, it evolved into the world’s largest residential fly-in community. Today, almost 5,000 residents, 1,300 homes and 700 hangars share a unique life in this private gated village with immaculately groomed homes and common grounds. The first thing a visitor sees after driving through the security gates is a sign that summarizes the spirit of this community: “CAUTION Children and Adults at Play”. Truly a piece of pilot’s heaven.

    A championship golf course and Country Club and 24-hr patrolled security complements the safety, privacy and enjoyment of the residents. Frequent community-wide events and social clubs for most any interest from flying to book reading and gardening ensure a tightly knit and friendly community hard to duplicate anywhere. John Travolta and many other celebrities have enjoyed the Spruce Creek Fly-In lifestyle and privacy. Current home prices vary from a $165,000 condo to several million dollar hangar mansions.

    Please keep in mind that any visits are by invitation only, as the community is not open to the public. If you are interested in Spruce Creek Real Estate, contact the folks at Karlhaus Realty for an invitation and they will happily schedule a guided tour: Spruce Creek Real Estate.

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