La Belle Golf Club on the Market for 4 Million

LaclabellegolfIf you ever wanted to own your own golf course, today may be your lucky day. One of the oldest courses in the country, the La Belle Golf Club, is going on the market for 4 million dollars. The combination of a declining membership and increasing debt has persuaded the membership to sell the historic club.

So get out your checkbook and have your own 18 hole course. Never have to wait for a tee time or get frustrated waiting to play a shot. Heck, how some real estate has appreciated in the past few years, condos cost more than the course.

The 110-year-old, 18-hole golf course is located on 128 acres on the north end of Lac La Belle. Declining membership in the private club and rising debt are the chief reasons the club’s directors want to sell the club, said Gary Murray, a real estate broker with First Weber Group, Delafield.

via the  The Business Journal of Milwaukee:.

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  3. Some Interesting Real Estate Employment Statistics
  4. How Springfield, MO Is Facing Big Real Estate Trouble

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    • I like your analogy in this article. The real estate economy really is like a patient who you cannot ...
      Bill Hernandez | 19Mar10 | More
    • Real Estate is hyper-local. Every market is different. Phoenix has already hit bottom and is starting to recover. We have ...
      Marc Brodeur | 19Mar10 | More
    • Great to hear that the big boys are predicting recovery sooner than most think. Thanks for the value!
      Mark Arenella | 19Mar10 | More
    • I agree--good analogy. You have to crawl before you can walk. Right now, at least in Austin, many people would ...
      Austin Mortgage | 19Mar10 | More
    • an add on to my previous comment--I suppose nationally it's hard to tell, but each city and market is in ...
      Austin Mortgage | 19Mar10 | More
    • Hmm.....interesting. Of course, I would love to see the real estate market bounce back as quickly as possible, but just ...
      Austin Mortgage | 19Mar10 | More
    • I live in the Philippines and I am glad we are not on the lists...
      homes for sale in chandler az | 19Mar10 | More
    • I have a few Litograghs of Presidents homes , made by Richard V. Sebring. yr. 1990 Do they have any ...
      Jack | 18Mar10 | More
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      Judi | 18Mar10 | More
    • I'll add mine to the list too. This is happening in Kansas City, Missouri as well now. We already knew ...
      Trisha | 18Mar10 | More
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