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Heavenly Mountain Sold for $10.5 Million PDF Print
Written by Steve Frank   
Thursday, 15 September 2011 03:51

Heavenly Mountain, the 381-acre former west campus of the Spiritual Center of America, has been sold.  Opening bids in the two million dollar range quickly ran to over six million, then after consultation over the phone back and forth, ended at $10.5 million. The former meditation center sold to a group that plans to begin operating a college at the site in a year, according to their bidder, Marvin Salt, who said it was being purchased by a trust for a church—One In Christ—who would develop the property into a college campus. He said that the new campus would open next fall.  The auction was at the site near the Wilkes line in eastern Watauga County at noon and saw the $40 million plus property sold for a quarter of its original price. During its heyday, there were celebrities from all walks at the center, helicopters seen transporting people in and out. There are 26 buildings on the property, many of them apartments once housing practitioners of Transcendental Meditation, along with the large congregational hall with its wood-and-glass ceiling.

  
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