Historic Flat Rock hopes to save Mountain Lodge

From the Hendersonville Lightning:

One of the most historic homes in Flat Rock — and also one of the most time-ravaged and costly to save — would go to Historic Flat Rock Inc. if a bankruptcy court in South Carolina approves the sale.

The preservation group submitted an offer of $550,000 from a revolving fund it uses to save, stabilize and resell endangered historic properties. The offer has the support of a bankruptcy trustee appointed by the court in April to guide the Chapter 11 bankruptcy of owner William Maxwell Gregg II and guard the interest of creditors. . .

"The home [Mountain Lodge] was built in 1827 and is one of the oldest homes in the Flat Rock area with great historical significance to the community," [Bankruptcy trustee R. William Metzger Jr.] said in a motion asking a judge to authorize the sale. "It is in extremely poor condition due to its age and lack of maintenance, upkeep and repairs, which has resulted in vandalism, roof and water damage for several years. The home has not had power or utilities since 2010 and is only presently insured through the efforts of Russell Brands." There is some urgency. The policy expires Aug. 6, and the lender has little incentive to renew it. . .

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