Sales and Investment For Sale

Northern California Golf Course For Sale

5925 Country Club Drive

Weed, CA Sales and Investment >> Weed

The Property

Nestled just off Interstate 5 in a beautiful valley in Northern California's Siskiyou County, Lake Shastina Golf Resort with views of Mt Shasta is about 70 miles north of

Redding, California and 70 miles south of Ashland, Oregon., The Resort offers

an income-producing investment property featuring well-designed infrastructure with a

number of opportunities for upside for an investor with vision.

 

The property features a Robert Trent Jones, Jr designed golf course with a total of 27 holes,

including an unusual 9-hole “Scottish Links” course, on over 270 acres of land, along with a

restaurant and bar, event space, swimming pool and pro shop. The property also includes

16 furnished condominium rental units offering opportunities for destination events and golf

excursions. Lake Shastina recreation area is close by and readily accessible. In addition, the

Mt Shasta area is renowned for a wide variety of outdoor recreational activities including

hiking, boating, water skiing, fishing and hunting, making this a vacation destination for the

whole family.

 

Golf

The resort has offered an unparalleled golf value since 1973. The Robert Trent Jones, Jr

designed championship course features well-groomed greens and fairways surrounded by

mature trees and boasting spectacular views of Mt. Shasta and the surrounding mountains.

At 2800 feet elevation, the course remains playable virtually year-round. In addition to the

18-hole course there is a 9-hole “Scottish Links” course to challenge golfers.

 

The club offers memberships for discounted fees, priority tee times, club tournaments and

other benefits. Day rates are also available for members of the public. The golf program

offers considerable opportunities for an investor to expand and increase revenue. Golf

carts are available.

 

The course is irrigated with well water powered by a new solar power grid system for

economical long-term savings on power.

 

Clubhouse, Restaurant and Pro Shop

The property includes approx. 15,000 square feet of buildings including

restaurant bar and grill, event rooms, pro shop and maintenance facility. The restaurant

and bar offer daily service for breakfast, lunch and dinner with full bar, as well as for

special events. The pro shop features top quality golf merchandise. The

maintenance barn houses the golf carts and maintenance tools needed to keep up

the course operations.

 

Condominiums

Included in the property are 16 furnished condominiums that are rented out by the

resort. The management books directly or utilizes various booking services such as

Bookings.com, and Expedia. There are ten one-bedroom, one bath units, and

three two-bedroom units (that consist of 6 condo units that were combined down

to form three larger units). Units are casually furnished and there is full housekeeping

service available.

 

Financials

Due to its long-standing reputation, relatively low competition in the surrounding

area, and considerable barriers and costs to entry for golf courses, the course has

enjoyed strong, consistent financial performance. 2017 revenues exceeded

$1,500,000 and the resort is profitable.

 

Full financial records are available upon execution of non-disclosure agreement.


Richard Gumbiner

Richard Gumbiner
(415) 793-0865
richard@starboardnet.com
BRE# 00763869

Zev Newman

Zev Newman
zev@starboardnet.com
BRE# 02036308

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