The scenic Carmel, Calif., property has had several operating profiles in its 50-plus years, including a period when it was on prolonged life support. But a new ownership-management combination has restored its reputation as a distinctive destination.
The property with a 27-hole golf course designed originally by Robert Muir Graves is being listed for $3.5 million. A $2 million course renovation project is nearly complete, and the sellers hope the buyers will retain keep the course as an asset to the community.
ClubCorp is planning an extensive capital improvement campaign that will start immediately.
A growing number of properties are beginning to realize that the hottest culinary trend in club and resort dining isn’t on the menu.