Golf Course in Indiana

Undisclosed Address, Santa Claus, IN 47579
Vacant Land for Sale
Also listed as Special Purpose, Farm/Ranch
Catylist Listing ID: 30278821
Property Subtypes: Agricultural, Other
Gross Land Area: 309 Acres
Sale Price: $2,400,000
Unit Price: $7,766 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/16/2018

Overview / Comments

This fully operational, semi-private, 18 hole championship golf course was developed in 1967. It is located in small town with a population of 2,463 in Southern Indiana. However, this small town is very touristy and draws in over 1,000,000 visitors during the summer months. This property consists of 309+/- acres of bent greens, zoysia fairways and tees, fescue roughs, 6 lakes, a swimming pool, a 9,333 SF clubhouse facility with a pro shop and restaurant, an 80 cart storage facility, a 6,400 SF maintenance building, a pump house, an on course restroom, and a chemical storage building. The golf course has an automatic, double row irrigation system with unlimited water rights that will transfer to the new owner. The county offers over 800 beds for overnight stays and the golf course partners with various local hotels and resorts to offer “stay and play” packages to its customers.

Additional Details

Tax ID/APN: 0000
Zoning: AGRICULTURAL
In Flood Plain?: Yes
Available Utilities: Electric, Water, Gas, Sewer
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