A 550-acre swath of land in Swannanoa, as soon as the positioning of Tiger Woods’ first deliberate North American golf course, is up on the market for $19 million. It’s the second time the property has hit the actual property market after plans to develop the positioning fell aside within the late 2000s.
The property, situated 17 miles east of Asheville, has had two house owners since Woods visited in 2007. The entire 800-acre website bought in 2019 for $15.3 million, based on Citizen Instances reporting. The 400 Spring Mountain Street property is tax-appraised at $2.3 million and is at present owned by the South Carolina-based New Fort LLC.
Former proprietor David Straus informed the Citizen Instances in 2019 the property was bought that yr for $15.3 million on account of bills and a scarcity of curiosity within the land.
“We didn’t really need the property anymore and there have been a whole lot of bills concerned in it,” Straus informed the Citizen Instances in July 2019. “At that time, the home we had on it we might use to trip on it had been torn right down to make manner for the golf course. It actually didn’t have the sort of worth to us anymore that we wished, so we had been making an attempt to promote it for plenty of years.”
The location had been beforehand listed for $24 million in 2016.
Tiger Woods of the USA performs his shot on the primary tee through the first spherical of the PNC Championship at The Ritz-Carlton Golf Membership on December 16, 2023, in Orlando, Florida. (Picture by Mike Mulholland/Getty Pictures)
The itemizing for the property notes the 6-acre personal lake and deep wells situated on the property, which has elevations as excessive as 4,300 toes. The property is being listed by the Asheville-based Altamont Property Group.
Whereas Woods has made no point out of involvement within the property in recent times, the itemizing notes that “previous growth and golf course plans” are nonetheless on file. The itemizing additionally signifies the presence of white-tailed deer, turkey, foxes and black bears, with the positioning possessing “important conservation worth.”
Straus financed a deal to develop the property in 2007, below a deed to The Cliffs. The Cliffs make up seven personal luxurious communities owned by South Road Companions, a growth firm based mostly out of Charlotte and Charleston, South Carolina. The challenge would’ve led to the event of practically 1,000 new luxurious houses in a growth dubbed “The Cliffs at Excessive Carolina.”
In 2007, Woods mentioned he would go to Fairview “as a lot as I can” to see the challenge via to completion. The challenge’s late 2000s demise coincided with Woods battling a collection of accidents and protection of a high-profile infidelity scandal.
Different golf legends have constructed programs within the space, whereas one other deliberate course fell via on account of financing issues and a felony scheme.
The Arnold Palmer-designed Seven Falls course in Etowah got here aside within the late 2000s. The location developer Keith Arthur Vinson was later sentenced 18 to years in jail for conspiracy to commit financial institution fraud, conspiracy to defraud the USA, misapplication of financial institution funds, wire fraud and cash laundering in a fancy monetary scheme.
Golf course designer Tom Fazio designed a course at Brilliant’s Creek in Polk and Henderson Counties. A Henderson County dwelling designed by Tom Fazio hit the housing market in October, itemizing at 7.7 million.
Woods has since designed a handful of programs, and his golf course design agency, TGR Design, introduced in 2023 that it could assemble a golf course in Park Metropolis, Utah, at Marcella Membership. It’s the primary mountain design for Woods and would be the fourth golf course to bear his title, together with Bluejack Nationwide in Houston, El Cardonal at Diamante in Cabo and Payne’s Valley in Hollister, Missouri.
Will Hofmann is the Progress and Improvement Reporter for the Asheville Citizen Instances, a part of the USA Right this moment Community.
