Greasewood Flat future uncertain after land salePosted: Updated:
SCOTTSDALE, Ariz. -- An iconic piece of Arizona history has been sold.
The 42 acres that are home to Greasewood Flat and the now-closed Reata Pass in North Scottsdale were auctioned off and sold Wednesday to pay off a back-tax situation.
Tourists and locals alike flock to Greasewood Flat for burger, beer, and for a taste of the Old West.
"Greasewood Flat has been here since 1975," said manager Hoyt Johnson III. "It's one of the last bastions of the Old West here in Scottsdale and in Arizona."
Johnson said as development has continued to explode in North Scottsdale, this restaurant has been in danger of being plowed under.
"The land that we have here is 42 acres; it's just beautiful," Johnson said.
But that land sold Wednesday for $7.5 million to developer Taylor Morrison.
"I think there are plenty of houses up here," Johnson said. "It's just the nature of the developer to keep growing and growing."
Greasewood Flat will remain open for at least a one-year lease.
"I've worked here since 1983," said longtime barkeep Mary Stark. "It will be a bunch of houses and we won't be here anymore."