Historic Camp Morrison Sold to Albertson Family Heirs

In a significant real estate transaction, Camp Morrison, a 148-acre property near McCall, Idaho, has been sold to Alscott Real Estate LLC. The sale, which took place on July 17, 2024, marks a new chapter for the historic camp and highlights the continued influence of prominent Idaho business families in regional development.

Alscott Real Estate LLC, a Boise-based development business owned by the heirs of Joe and Kathryn Albertson, acquired the camp for a substantial sum. The Albertsons are well-known in Idaho as the founders of the Albertsons supermarket chain, which has been a staple in the American grocery landscape since its establishment in 1939.

Property Details and Valuation

The sale of Camp Morrison includes not only the main 148-acre camp property but also an adjoining 18-acre parcel. The camp itself was valued at $2.36 million, while the additional parcel carried a hefty price tag of $5.47 million. Combined, the entire property is worth an impressive $7.83 million, underscoring the significant value of real estate in the scenic McCall area.

This substantial investment by Alscott Real Estate LLC demonstrates the company’s commitment to acquiring prime properties in Idaho. The purchase of Camp Morrison adds a unique asset to their portfolio, given the camp’s history and prime location near the popular resort town of McCall.

The Albertson Legacy

The involvement of the Albertson family heirs in this transaction brings to mind the long-standing legacy of Joe and Kathryn Albertson in Idaho. Joe Albertson, who founded the Albertsons supermarket chain in 1939, was known not only for his business acumen but also for his philanthropic efforts, particularly within the state of Idaho.

In 1966, the couple established the J.A. and Kathryn Albertson Foundation to administer their charitable giving. The foundation has since focused on education and community initiatives in Idaho, continuing the Albertsons’ commitment to giving back to their home state. This latest real estate acquisition by their heirs through Alscott Real Estate LLC suggests that the family’s interest in Idaho’s development and prosperity remains strong, even as it takes new forms in the hands of the next generation.