Latest news with #LakeSeminole
Yahoo
8 hours ago
- Entertainment
- Yahoo
Jake Paul drops $39 million on Georgia's iconic Southlands ranch
Professional boxer, social media influencer and content creator Jake Paul has bought the sprawling Southlands property just south of Bainbridge, Georgia, for $39 million. Paul, during an interview on the "The Iced Coffee Hour" podcast in mid-June, said he's been wanting to purchase a ranch for the last 15 years, according to 'It's kind of been my dream and why I work so hard," said Paul. He added the 5,746-acre estate was '… a little bit bigger than what I wanted, but when I got there, I was like, 'I have to buy this.' ' Paul, 28, is known for his brash commentary on YouTube and other social media platforms and co-stars alongside his brother, Logan Paul, in "Paul American," a reality show that premiered in March 2025 and offers a peek into their family life outside of the boxing and wrestling ring. Logan Paul is a pro wrestler and social media maven. More celebrity real estate: NBA star Kevin Durant's custom Oklahoma City townhome hits the market at $35 In November 2024, Paul went head-to-head against former heavyweight champion Mike Tyson, 58, and defeated the veteran fighter in a unanimous decision. He was initially slated to receive $40 million for beating the retired boxer. The 5,653-acre property surrounds the eastern shore of Lake Seminole, just above the Florida panhandle, and was listed in October 2024 for $42.5 million. It features a "sport huntsman's paradise with an abundance of bobwhite wild quail, turkey and whitetail deer. It also includes a 20-acre fishing pond and a 30-acre duck pond," as previously reported in the Tallahassee Democrat, part of the USA TODAY Network. Jon Kohler, an expert in large plantation properties in the southeast, said there are few investments that can build "long-term wealth like owning a property such as Southlands." "While we can see the financial appreciation, what only the seller can measure is the immense intrinsic value – the lifestyle, the experiences, the memories. That's the most important kind of wealth. And that's what Southlands will create for Jake, his family, and his friends," said Kohler, in a statement. In a Facebook post announcing the purchase, Kohler described the property as "one of America's most iconic sporting properties." "From its roots with Herbert Stoddard, a legacy dating back to 1937, to its years as International Paper's flagship property, Southlands has long been a crown jewel of American land stewardship – and with Jake Paul's passion and commitment to conservation, its future has never been brighter," the post said. Contact Economic Development Reporter TaMaryn Waters at tlwaters@ and follow @TaMarynWaters on X. This article originally appeared on Tallahassee Democrat: Jake Paul drops $39 million on Georgia's iconic Southlands ranch
Yahoo
4 days ago
- Business
- Yahoo
Jake Paul has spent $39M for a massive Georgia ranch — ‘I wanted a place where I can wakesurf, hunt and build a racetrack'
Jake Paul, the YouTube star-turned-prizefighter, has just picked up a sprawling piece of Southern sporting history. The 27-year-old paid $39 million for a roughly 5,653-acre ranch in Georgia's Decatur County known as Southlands, in what brokers say is one of the largest recreational land deals in the state's history, according to a press release. The property, which came to market in October for $42.5 million, hadn't been publicly offered for nearly 90 years. Paul discussed the purchase earlier this month on 'The Iced Coffee Hour' podcast, revealing he used the bulk of his roughly $30 million earnings from his 2024 boxing match against heavyweight legend Mike Tyson to fund the acquisition. 'It's always been a dream of mine,' Paul said. 'I've wanted to buy a ranch for the last 15 years.' Set roughly 8 miles from Bainbridge, the plantation is a rare find in Georgia's quail belt. In addition to wild quail, the estate is home to trophy white-tail deer and features a variety of natural amenities, including 5 miles of spring-fed creeks, a stocked lake, a duck pond, a 60-acre irrigated field and direct frontage on Lake Seminole. Less than 3% of the land is wetlands. Jon Kohler of Jon Kohler & Associates, who co-listed the property with Walter Hatchett, likened the significance of the sale to owning a sports franchise. 'Southlands is an institution; it's like owning your own professional football team,' Kohler told Mansion Global. 'You get history, culture and traditions, and you're a land steward dictating its future.' The ranch includes a recently renovated 4,884-square-foot main lodge with eight bedrooms, five full bathrooms and one half bath. The grounds also hold a collection of updated and new outbuildings, including a four-stall barn for horseback and quail hunting, a manager's house and guesthouse, a pavilion, an equipment shed, a workshop and a cooler facility for game processing. Southlands was previously owned by Brian Philpot, CEO and principal owner of AgAmerica Lending, which specializes in agricultural loans. Philpot acquired the property in 2023 through a private transaction; the price was not disclosed. For Paul, who recalled spending time at a cabin with his father as a child, the purchase is about more than luxury. 'I wanted a place where I can wakesurf, hunt and build a racetrack,' he said on the podcast.
