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    No Market for Hobbit Homes

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    Lord of the Rings fans may have to look elsewhere to find authentic homes modeled after the Shire found in the J.R.R. Tolkien books. The developer of this unique community, Ron Meyers, is now in financial ruin and he's placed blame on the current real estate crisis.

     
     

    It looks like this development was in trouble before the housing crash as only one home was sold since 2006. Maybe he should turn it into an amusement park?

    [via Gawker]

    Charles & Hudson | Comments () |

     

    • SharonlynnB

      I'm sorry but a home like that attracts kids, not serious working adults looking at a 30 marraige to a mortgage. I would never buy a home that looked like it belonged to Disney.

    • Iris Verbaan

      I would love to live there! But I'm Dutch and only 15 years old :(

    • Brdaan55

      Hry, guy...you still have the dream...and time to make it happen!!!

    • sam

      omg, what an idiot, who wants one of those

    • Hobbit_House_Wanter

      Dude that totally sucks! Now I have to get real hobbits to built it.

    • Kelly

      I reckon there is a fine line between charm and gaudy! I can see a more subtle country village atmosphere, but people looking for $700,000 homes don't want to live in a hobbit house. Scale it down, make them $100,000 - $200,000, and perhaps you could find your maverick community. It may be a good concept for a vacation community too. All that being said, I hope they can still make it work.

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