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The Bay Course at Kapalua Resort
www.cbregolf.com/kapaluabaycourse
Lahaina, Maui, Hawaii

Resort Golf Course
Resort Tennis Facility

Submit Offer

Bay Course at Kapalua ResortThe beautiful Bay Course at Kapalua Resort, which debuted in 1972, was designed by golf legend Arnold Palmer along with Francis Duane, a long-time associate of Robert Trent Jones, Sr.  The Bay Course enjoys expansive views of the islands of Molokai and Lanai, with direct ocean frontage on several holes.  The par-72 course stretches to 6,600 yards from the championship tees and hosted the Kapalua LPGA Classic in 2008.  Extensive renovations were completed in 2007 and 2008, including the replacement of all putting greens and the leveling of all tees boxes, plus the addition of a short-game practice area.  As expected, revenue suffered during the renovation period, but the property is well-positioned for the future buyer.  This offering also includes the award-winning Pineapple Grill restaurant, operated by the Cohn Restaurant Group; as well as the award-winning Kapalua Tennis Garden, operated by Peter Burwash International (PBI) professionals.  Kapalua Resort is recognized internationally as one of the top golf and tennis resorts in the world.

The Bay Course is one of two prestigious golf courses at Kapalua Resort, a 1,650-acre master-planned resort community. The adjacent Plantation Course, which is not part of this offering, annually hosts the PGA Tour’s season-opening event, the SBS Championship. Situated on the northwest coast of the island of Maui and part of a much larger plantation property, Kapalua includes the recently renovated, 463-room Ritz-Carlton Kapalua ($180 million included a new spa and addition of suites), the newly opened $360 million, 146-unit Ritz-Carlton Club and Residences, plus more than 800 deluxe resort homes, townhomes and other resort amenities.  These recent improvements, as well as planned future development will provide additional demand for rounds and revenue at the Bay Course at Kapalua Resort.

Big Island Country Club
www.cbregolf.com/bicc
Kailua-Kona, Hawaii

Semi-Private Golf Club
Developable Land

Submit Offer

Big Island Country Club is located above the Kona Coast on the Big Island of Hawaii.  This opportunity includes a Perry Dye-designed golf course that opened in 1997, as well as approximately 229.5 acres of development land entitled for approximately 53 residential lots.  The 173-acre golf course sits at an elevation of 2,000 feet above the Pacific Ocean and is known for both its scenery and playability.

Blackhawk Golf Club
www.cbregolf.com/blackhawk
Austin, Texas

Daily Fee Golf Course

$2.925 million

Blackhawk is a playable public course located northeast of Austin. The course stretches to more than 7,000 yards, opened in 1990 and was designed by Charles Howard, along with former LPGA Tour player and three-time US Women’s Open Champion Hollis Stacey. A 15-acre pratice facility complements the golf course at Blackhawk.

The Golf Club at Castle Hills
www.cbregolf.com/castlehills
Lewisville, Texas

Daily Fee Golf Course

$3 million

World-renowned golf course architect Jay Morrish and son Carter Morrish masterfully created The Golf Club at Castle Hills to reflect the natural countryside of Lewisville, Texas.  One of the top courses in the Dallas-Fort Worth Metroplex, this ideal setting and challenging layout will invigorate your love of the game. With excellent course conditions, a centralized location, first-class amenities and uncompromising service, The Golf Club at Castle Hills sets the standard for daily fee play in Texas.

Cathedral Canyon
Golf & Tennis Club
www.cbregolf.com/cathedralcanyon
Cathedral City, California

Daily Fee Golf Course
(27 Holes)

$4 million

This popular 27-hole daily fee course near Palm Springs was designed by David Rainville, with help from World Golf Hall of Famer Billy Casper and opened in 1975. The third nine was added in 1978. Also included in this offering are 10 hard surface tennis courts. The underlying land is owned by members of the Agua Caliente Indian Community and is leased to the club through a long-term agreement that was negotiated with the Bureau of Indian Affairs.

The Crosby
www.cbregolf.com/thecrosby
Rancho Santa Fe, California

Private Country Club
Developable Land

In Escrow

The CrosbyThe Crosby at Rancho Santa Fe is an upper-tier, private club that anchors a 720-acre, gated master-planned community.  The relaxing, understated feel at The Crosby embodies the casual elegance that defines the exclusive Rancho Santa Fe area.  The golf course, which opened in 2001 and covers 140 acres, was designed by PGA Tour star Fred Couples, along with Brian Curley of Schmidt-Curley Design.  Additional amenities include a beautiful 34,000 square foot main clubhouse and an 8,000 square foot swim and tennis clubhouse, plus health and fitness facilities, a spa with two treatment rooms, a junior-Olympic size swimming pool and four hard-surface tennis courts.  This offering also includes the developer’s 50 unsold residential and commercial lots, many of which are elevated with commanding views of the golf course and surrounding San Dieguito Valley.

Glen Annie Golf Club
www.cbregolf.com/glenannie
Goleta, California

Daily Fee Golf Course

Submit Offer

Glen Annie Golf Club has long been regarded as one of the best and most scenic golf facilities in the greater Santa Barbara region.  Situated in the foothills of Goleta, the golf course, as well as its expansive practice facility and award-winning clubhouse enjoy beautiful views of the Pacific Ocean and Channel Islands.  The par-71 course opened in 1997 and was designed by Robert Muir Graves and Damian Pascuzzo.  The modern clubhouse measures approximately 10,000 square feet, offering an elegant dining room and tasteful outdoor patio with three fireplaces, plus a large events lawn with gazebo that it utilized for weddings and special events.  The Frog Bar & Grill offers lunch daily and an exceptional Sunday brunch.

The Golden Bear Club
at Keene’s Pointe

www.cbregolf.com/goldenbear
Windermere, Florida

Private Country Club

Submit Offer

The Golden Bear Club at Keene’s Pointe is a highly-rated country club in the beautiful and affluent, laid back community of Windermere, Florida. Situated within close proximity to all that Orlando and Orange County has to offer, the Golden Bear Club occupies approximately 250 acres and features a Jack Nicklaus signature golf course, along with tennis, swimming and fitness facilities. With a reputation for quality maintenance and operations, the Golden Bear Club consistently generates significant annual revenue and bottom line net income.

Grizzly Ranch
www.cbregolf.com/grizzlyranch
Portola, California

Semi-Private Golf Club
Developable Land

Lender Directed Sale
Submit Offer

Grizzly Ranch is a master-planned, mountain golf community located in beautiful Plumas County.  Situated on approximately 1,040 acres, the community is planned for 380 homes at build-out.  This offering includes 53 finished residential lots, as well as 84 unfinished lots, a 12-acre commercial site and the Grizzly Ranch Club, which includes an award-winning championship golf course, practice facility, Lake House restaurant, stand-alone pro shop, temporary cart storage and golf course maintenance facility.

Hammock Creek Golf Club
www.cbregolf.com/hammockcreek
Palm City, Florida

Semi-Private Golf Club

$5 million

Hammock Creek Golf Club is a semi-private club featuring a championship golf course designed by Jack Nicklaus and Jack Nicklaus II.  Opened in 1996 and situated along Florida’s “Treasure Coast,” Hammock Creek represents the first collaborative effort for the famous father-son team in the state of Florida.  Hammock Creek Golf Club occupies approximately 135 acres in the beautiful Palm City neighborhood of Hammock Creek, a 468-unit community of single-family homes were values range from $400,000 to $1.2 million.  A proud host to the Gateway Tour, Hammock Creek enjoys a great location off the Florida Turnpike, enabling it to draw regular players from Martin, St. Lucie and Palm Beach Counties.  The owner may consider providing seller-financing to qualified buyers.

Kingmill Resort & Conference Center
www.cbregolf.com/kingsmill
Williamsburg, Virginia


Resort
Six Restaurants
Business & Conference Center
Resort Golf Courses (63 Holes)
Spa & Fitness Facility
Tennis Center
Marina
Developable Land

Kingsmill Resort & Spa is ranked among the best golf resorts in North America.  Situated on 2,900 acres along the scenic James River in the heart of Virginia’s “Historic Triangle,” Kingsmill is a AAA four diamond resort, earning recognition from numerous publications for its service, dining choices, luxurious accommodations and recreational amenities.  Home of PGA and LPGA Tour events from 1981 through 2008, Kingsmill offers three championship golf courses, a 9-hole par-3 course and one of the best golf academies in the country.  Kingsmill’s recreational amenities also include a full-service marina and tennis center, as well as a spa and fitness center.

Kingsmill offers 422 guest rooms and suites in 181 of the resort’s condominiums in a campus-style setting throughout the property. All rooms combine high-tech enhancements with comfortable accommodations. Kingsmill’s business and conference center features 16,000 square feet of meeting space with 16 meeting rooms and two ballrooms.  An opportunity exists to expand the conference center and potentially add approximately 200 rooms. Additionally, there are two infill sites to potentially add approximately 150 and 225 rooms, respectively.

Mt. Woodson Golf Club
www.cbregolf.com/mtwoodson
Ramona, California

Daily Fee Golf Course

$5.2 million

Mt. Woodson Golf Club is arguably the most scenic daily fee golf course in San Diego County. Opened in 1991, the course is situated along the base of beautiful Woodson Mountain, a 2,884-foot peak with outstanding views of the surrounding region. The golf course was designed by Lee Schmidt and Brian Curley, taking advantage of the property’s unique elevation changes, numerous rock outcroppings and mature oak trees, while incorporating strategic routing and well-placed water features.  The adjacent and historic Amy Strong Castle presents an attractive landmark for visitors to Mt. Woodson.

Packsaddle Country Club
www.cbregolf.com/packsaddle
Kingsland, Texas

Daily Fee Golf Course
Developable Land

$4 million

Packsaddle Country Club is located in Kingsland, part of the beautiful Texas Hill Country, which is approximately 90 minutes northwest of the capital city of Austin. Situated near the confluence of the Colorado and Llano Rivers at the headwaters of Lake LBJ, Packsaddle offers locals and visitors a fun golf course that was completely re-designed and rebuilt in 2006. Leon Howard designed the original layout in 1968 and consulted on the recent makeover. In addition to the daily fee golf course, this offering includes approximately 191 unsold, finished residential lots in the surrounding Packsaddle community.

SCGA Golf Course
www.cbregolf.com/scga
Murrieta, California

Daily Fee Golf Course

Submit Offer

SCGAThe SCGA Golf Course is a fun and challenging layout that was designed by Robert Trent Jones Sr.  Originally opened in 1970, the SCGA Golf Course has been owned and operated for many years by the Southern California Golf Association, with discounts extended to all SCGA and NCGA members.  The championship golf course has been included on several “Best Public Course” lists and has served as a host venue for SCGA Championships, as well as various USGA and PGA qualifying events.

Tamarack Resort
www.cbregolf.com/tamarack
Tamarack, Idaho

Ski Resort
Resort Golf Course
Resort Hotel
Marina

Submit Offer

Tamarack Resort is an upscale, 3,608-acre master-planned recreational community in the Payette River Mountains, approximately 90 miles north of Boise, Idaho.  Tamarack is a true four-season resort that combines the amenities of a complete ski resort with championship golf and water sports on the shores of a warm-water alpine lake.  Opened in 2005, Tamarack was the first year-round destination ski resort to gain regulatory approval in the United States since 1981.  It boasts a regional climate that is ideal for year-round recreation – winters provide impressive amounts of high quality snow, while summers are long and dry, making them ideal for a variety of outdoor activities including an extended golf season.  Osprey Meadows Golf Course is a Robert Trent Jones II signature design, named “America’s Best New Course - $75 and Over” in 2006 by Golf Digest magazine.

1,100 acres of skiable terrain are served by seven lifts, with a total vertical drop of 2,800 feet. The orientation of the ski mountain faces east, which is optimal for this location. Slopes are well sheltered from the dominant southwesterly winds and trails offer abundant choices for skiers of all abilities. In the winter, the golf course doubles as a Nordic center with 30 km of rolling trails.  Tamarack also owns a snowmobile operation and offers a variety of guided trips.  Summer activities abound as the mountain was developed with an extensive network of hiking and mountain biking trails designed by the International Mountain Biking Association.   The property extends to the shores of Lake Cascade, ideal for fishing, boating, kayaking, and sailing; with all activities originating from Tamarack’s marina.  Additional activities include on-site Zipline tours and rafting in nearby Payette River.

In addition to these listings, the Golf & Resort Properties markets some properties for sale confidentially, at the request of our clients. For information regarding confidential listings, please contact us directly.

JEFF WOOLSON
Managing Director
Senior Vice President
Lic. 01073147
760.438.8530
jeff.woolson@cbre.com 
Carlsbad, California

MORGAN ABBOTT
Senior Underwriter
Marketing and Research
Lic. 00975358
760.438.8536
morgan.abbott@cbre.com
Carlsbad, California

JAMES MCCARTHY
Marketing Manager
760.575.4192
james.mccarthy@cbre.com
Carlsbad, California

Golf Valuation and Advisory Services

JIM AGNER
Managing Director
National Director
Valuation and Advisory Services
305.381.6480
james.agner@cbre.com

CB Richard Ellis
Broker Lic. 00409987

 Capabilities Brochure


 
© 2009 CB Richard Ellis | Last Modified:Friday, November 20, 2009
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