Tue., July 10, 2012 10:00am (EDT)

Callaway Gardens Sells 4,500 Acres
By Associated Press
Updated: 2 years ago

PINE MOUNTAIN, Ga.  —  
Executives hope to use proceeds from land sales and a fundraising campaign to refurbish buildings and roads and convert Callaway Gardens into more of a year-round attraction. (Photo Courtesy of <a href=http://www.flickr.com/photos/thesussman/3734625220/>Mike Sussman via Flickr</a>.)
Executives hope to use proceeds from land sales and a fundraising campaign to refurbish buildings and roads and convert Callaway Gardens into more of a year-round attraction. (Photo Courtesy of Mike Sussman via Flickr.)
Callaway Gardens has sold 4,500 acres of land to a top executive at Waffle House as the west Georgia attraction tries to cope with financial difficulties.

Waffle House chief executive Joe Rodgers Jr. paid $8 million for the land.

Callaway is trying to sell another 2,500 of its 13,000 acres at Pine Mountain.

The 60-year-old resort once drew 1 million visitors annually, but attendance was about 400,000 last summer.

Executives hope to use proceeds from the land sales and a fundraising campaign to refurbish buildings and roads and convert Callaway Gardens into more of a year-round attraction.