NCR asking $8 million for Moraine Farm, furnishings

KETTERING — The estate of Col. Edward Andrew Deeds can be yours for $8 million.

The estate, known as the Moraine Farm, is “being offered for immediate sale,” according to a letter attached to a 14-page marketing booklet issued to some city officials recently.

The price includes the antique personal property.

The booklet, which features color pictures of the inside of the mansion and black and white photos of the past, was created by Cincinnati commercial real estate service CB Richard Ellis Inc.

City Manager Mark Schwieterman presented the booklet to council members during their workshop session Tuesday, Aug. 11.

Right now, the council is not interested in purchasing the property.

NCR announced in June that it would move its world headquarters to Duluth, Ga., taking with it more than 1,000 jobs from Dayton.

At the time, a company spokesman has said that while NCR plans to sell its headquarters building, the plans for other sites such as Moraine Farm were not clear.

“Certainly we’re very interested in (its future) because of the significance of Moraine Farm,” Schweiterman said on June 3.

According to records from the Montgomery County Auditor’s Office, the property was valued at $2.9 million.

The Farm, a 45,803- square-foot mansion owned and operated by NCR, occupies nearly 8.6 acres at 1233 W. Stroop Road. The property sits next to Kettering Medical Center.

“Moraine Farm is ideally situated for use as an executive retreat center, and additionally, based on historical relevance, you may find value in simply the preservation of the home or potentially other functional uses of the property, such as hosting out-of-town visitors or private events,” reads a letter attached to the booklet from Brad Meyer, CBRE Inc. senior vice president, and addressed to Schwieterman.

Besides the retreat center option, CBRE is selling the property for use as a corporate bed and breakfast, according to the booklet.

“With most all of the home’s antique contents in tact, as they were when the home was occupied by the Deeds family in the early and mid-1900’s, the estate is truly a hidden historic gem,” the booklet reads.

Deeds, former NCR chairman, built the original house in 1912. He later turned it into an English manor style mansion. Architect Schenck Williams, now known as Lorenz Williams, designed the original farmhouse.

The original estate had a dairy barn, stable, private landing strip adjacent to the house that once served as the Experimental Station of the Dayton Wright Airplane Company, formed by Deeds and Charles F. Kettering in 1917, and gun club.

The property currently has:

  • A music room, which features one of the largest Steinway concert grand pianos in the country;
  • A Lotosland room, named after Deeds's 206-foot private yacht and featuring furniture from the vessel;
  • A dining room complete with a banquet table that seats 28 people;
  • Sun room;
  • Recreation room;
  • Atrium
  • And a 1920s observatory.

Some of the historical figures who have visited the home include Orville Wright, Henry Ford, Charles Kettering and Thomas Edison.

More recently, NCR Chairman and CEO Bill Nuti and visiting executives stayed at Moraine Farm while in Dayton.

Contact this reporter at (937) 225-2414 or kwynn@DaytonDailyNews.com.

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