News

Last Update :2/20/2018

Local golf club under contract; two sister courses closed for now

Local golf club under contract; two sister courses closed for now

brickshire sign

The owner of Brickshire Golf Club is in negotiations to sell the 229-acre course. (Michael Schwartz)

Three area golf courses between Richmond and Williamsburg remain in flux after their shared owner put them on the market last year, with one under contract to be purchased by surrounding residents and the other two shuttered for the time being.

The owner of Brickshire Golf Club in New Kent County is in negotiations to sell the 229-acre course to the Brickshire Community Association, the members of which are aiming to preserve their neighborhood centerpiece.

Its sister courses – neighboring Royal New Kent Golf Club and the Golf Club at Stonehouse in Toano, both of which are likewise owned by Traditional Golf Properties – were shut down in January and remain closed as the sale of Brickshire plays out. Brickshire remains open for play as usual.

Lester Poole, head pro at Royal New Kent who is helping out at Brickshire in the interim, confirmed that the Brickshire deal is in the works and said the outcome may help determine the future of the other two.

“Until that sale goes through the other two courses are going to remain temporarily closed,” Poole said. “I wouldn’t say the other two are permanently closed.

“At this point the situation is certainly headed in the right direction,” Poole said, adding that general manager Jeff Moy, who was overseeing all three courses, left that position in January.

Poole said Royal New Kent and Stonehouse are being maintained while not open for play. The two courses this week were dormant, with the grounds of both roped off, including “no trespassing” signs at the Stonehouse entrance.

stonehouse sign

The Golf Club at Stonehouse in Toano is closed temporarily. (Michael Schwartz)

Jerry Assessor, president of the Brickshire Community Association, confirmed the group’s deal for the course is pending, but declined to comment further.

The asking price for Brickshire is $2 million, according to documents the association posted on its website.

Traditional Golf owner Paul Mauk could not be reached for comment.

The semi-private clubs were put up for sale last year and went under contract to an unknown buyer in the summer. That deal never materialized, creating an opening for the Brickshire association.

Traditional paid $425,000 for Brickshire in early 2010. It has owned the adjacent Royal New Kent since 2001, the same year it purchased Stonehouse, county records show. It paid $5 million for each course that year.

The Brickshire association is voting on how to pay for the acquisition, the options including a $3,000-per-lot fee either upfront or in installments. The neighborhood has around 1,100 lots, about a third of which are developed.

The association has been in talks with Wingfield Golf Management Co., a South Carolina-based company that manages nearby New Kent course Viniterra Golf Club, for advice about the sale and to potentially manage the course after the deal closes.



[ More News ]


Join NGCOA Mid-Atlantic - Great Membership Benefits!

Save the Date NOW for Golf Business Conference 2023

Summer Issue of Mid-Atlantic Golf Business Newsletter Joint with North Carolina GCOA - Click Here to Read!

Golf Property Analysts - Private Club Planning, Golf as it was meant to be, Is It Time to Sell?

A Consumer/Culture Based Approach to Private Club Planning

Transparency at Private Clubs

The Golf Pro Crisis & Its Impact on Clubs

Golf Property Analysts - Your Club's Tax Assessment

Hilda Allen - the source for golf course sales and advising owners

NGCOA Mid-Atlantic Annual Meeting Set for Nov. 2 at Independence GC in Richmond

Fairfax County Park Authority seeks Golf Course General Manager

Announcing Facility BMP Virtual Workshop and Prize Contest

Another Beautiful Listing by Hilda Allen Real Estate!

Just Listed by Hilda Allen - The Frog GC in Georgia, a Fazio Design

National Golf Day 2022 - Information and Registration

Mattaponi Springs Golf Club in Ruther Glen, VA Seeks General Manager

Larry's Interview on TurfNet Renovation report Podcast

Golf Leagues - A Lightspeed Guide to Growing Business

Register your course for Women's Golf Day - June 7th

Download the Pellucid Presentation at the Annual Meeting

Golf Property Analysts - Time to Sell?

New Listings and Recent Sales from Hilda Allen Real Estate

Hanover Golf Club sold to unidentified local buyer

Club Master Planning - A Market Based Approach

January Abstract OtR: '21 Sol Scorecard is 6 birdies, 2 pars!

Damon DeVito Named the 2021 Mid-Atlantic Golf Leader

Golf Course Acquisition Opportunity - Maryland - For Sale By Auction

Sep Weather, Aug Util; steady, solid results against strong "20 comps"

Employee Retention Tax Credit May Save You Thousands $

Glenwood Golf Course redevelopment gets planning commission approval

Google's New "Local" Ads Provide Big Advantages to Golf Courses

The Appraisal Journal - Valuation of Private Clubs for Tax Assessments

Morning Read and Sports Illustrated Announce Editorial Partnership

Partner News: Richard Mandell Architecture "Form and Function" Summer 2021

‚ÄčWomen's Golf Day 2021 Sets New Global Records

Is it Time to Review Your Golf Property Tax Assessment?

 



Join Our Email List