Exceptional opportunity to acquire a 36-hole golf course in Foxfire, North Carolina. This unique property, priced at $2,495,000, includes two 18-hole courses, the Grey Fox and the Red Fox, designed by Gene Hamm. The courses are situated on undulating terrain, showcasing picturesque lakes and majestic longleaf pines. The efficient 6,074 square foot clubhouse features a pro shop, bar and grill, outdoor patio, and basement cart storage, offering low overhead costs. A new maintenance building was completed in 2024. The property also includes owned equipment (leases will be assigned). This "as-is, where-is" offering presents a significant value-add opportunity with considerable upside potential due to underutilized facilities. Located minutes from Pinehurst, NC, this property benefits from its proximity to a renowned golfing destination. The property is located at 9 Foxfire Blvd, Foxfire, NC 27281. This is a rare chance to own a well-established golf course with substantial growth potential in a prime location. The sale includes a driving range and practice facilities.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
Alternative Use
Use
Valuation
Residential
$3,223,265,280
Hospitality
$2,952,493,568
Educational
$2,456,440,064
Medical
$2,540,920,832
Retail
$3,821,128,960
Location Insight
City
Jackson Springs
County
Moore
State
North Carolina
Latitude
35.1731
Longitude
-79.5794
CBSA code
38240
CBSA name
PINEHURST-SOUTHERN PINES, NC MICROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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