Padua Stables in Summerfield, Florida, formerly owned by the Sanan family, has been sold to the Cowboys Group by broker Joan Pletcher, with closing on the property last Friday.
“Satish [Sanan] has been a loyal client over the years,” said Pletcher, who co-listed the property with Valarie Dailey of Showcase Properties. “He and Anne purchased their first two Thoroughbreds in July of 1997 and shortly thereafter purchased the 768 acres and began developing a state-of-the-art training and breeding facility known as Padua Stables. Padua Stables was successful, winning several Breeders’ Cup races and other graded stakes, along with bringing young stallions into the market.”
The new owner is putting the property back on the market and it will be listed with Pletcher.
“Most buyers felt the property was larger than they where interested in and by parceling off the training facility with the 3/4-mile track, 116 stalls, and some housing it will be more attractive to buyers,” Pletcher said. “The land, lakes, Live Oak trees are so incredible that you are only limited to your imagination as to what you might want to create with some of the parcels that will be available.”