The two 18-hole golf courses cover 565 acres along the foothills of the Carson Range in Genoa, Nev. The southernmost course was approved in 1989 for 220 homes on 90 acres. The property has essentially reached build-out. An effort to increase the number of homes along the southern course was rejected in district court. There are 516.46-acre-feet of water rights plus 200 acres of supplemental rights that can be pumped during dry spells.
The two courses at Genoa Lakes Golf Club in Genoa, Nev. went on the market last week for $14 million, the Tahoe Daily Tribune reported. Chase International Broker Mike Dunn said with the slower season on the way this is a good time to purchase the courses, so new owners will be able to determine how they want to proceed before summer arrives.
“It’s the most spectacular property in the region,” he said. “Genoa is one of the hottest markets in the region and the owners will be able to make it into a phenomenal recreation opportunity. This is a win-win for our community.”
He pointed out that with the last project scheduled to break ground in the near future for the two courses, new owners will be able to focus on amenities, such as banquets and weddings, the Daily Tribune reported. While someone might only play golf once or twice a week, additional recreational opportunities will be key to the courses’ future.
According to the website, the two 18-hole golf courses cover 565 acres along the foothills of the Carson Range, the Daily Tribune reported. The courses have a clubhouse and a supper club with established wedding and banquet facilities.
The southernmost course is on the former Sierra Creek Ranch and was approved in 1989 for 220 homes on 90 acres, the Daily Tribune reported. Under the approval, the golf course was built first and then the homes. The property has essentially reached build-out. An effort to increase the number of homes along the southern course was rejected in district court.
The northern course was built on the former Harvey Gross’ Ranch that was purchased by Ron Simek in 1986, the Daily Tribune reported. Approval for the golf course and 312-lot project included the first instance where a developer transferred development rights from a noncontiguous property in Douglas County.
There are 516.46-acre-feet of water rights plus 200 acres of supplemental rights that can be pumped during dry spells, the Daily Tribune reported.
Douglas County’s newest golf course at Clear Creek is within sight of the northern course, the Daily Tribune reported. To the east lies the Sunridge Golf Course at the base of Indian Hills. Carson Valley Golf Course in Gardnerville rounds out the five courses located in Carson Valley. Edgewood at Stateline is the county’s sixth course.
Tell Us What You Think!
You must be logged in to post a comment.