Top Bid for Pennsylvania Golf Course $1.1 Million

[Bruce Katona]

Price for an Oldie but Goodie well mentioned on GCA:

https://www.msn.com/en-us/sports/golf/the-top-bid-for-this-pennsylvania-golf-course-was-1-1-million/ar-BB1oODBx?ocid=hpmsn&cvid=415de8cb373c49d1904afd894864f225&ei=29

[Wayne_Kozun]

Fixing tiny font size

https://www.msn.com/en-us/sports/golf/the-top-bid-for-this-pennsylvania-golf-course-was-1-1-million/ar-BB1oODBx?ocid=hpmsn&cvid=415de8cb373c49d1904afd894864f225&ei=29

[Steve_ Shaffer]

Here's the link of the course:
https://www.ccppagolf.com/aboutus/

[Joe Bausch]

Photo album based upon a visit in May of 2018:

http://www80.homepage.villanova.edu/joseph.bausch/images/albums/CCofthePoconos/index.html

[Joe Bausch]

The hole-sequencing at the CC of the Poconos is not compact:

[Peter Bowman]

This goes to show that many/most golf courses don't hold their value compared to their construction costs, leading to depreciation. 
Is most of a course's value is in the cash flow and real estate (as raw land), and not the goodwill?
Hooper sold for a number that I though was very low, compared to the cost of developing the course all over again.

[Steve_ Shaffer]

The other golf courses/clubs in The Poconos:
!. The CC of Woodloch Springs
2. Mount Airy , a Hal Purdy design
3. Pocono Hills GC
4. The Shawnee Inn&  Resort, A.W. Tillinghast's first design in 1911. There was some talk about Tom Doak doing a  Reno about 15 years ago but it fell through.

5. Skytop Lodge GC
6. Split Rock GC
7. Jack Frost GC

https://www.poconomountains.com/blog/post/guide-to-pocono-golf-courses/
Shawnee is top notch. Jack Frost is a sleeper.

[MCirba]

Love the safari routing from 16 to 17.   Hope there's a gas station on that route. 

[Adrian_Stiff]

The routing was either done by a clown or was very difficult. Some huge hikes there.


Incredibly cheap price assuming its freehold.

[Nate Oxman]

The other golf courses/clubs in The Poconos:
!. The CC of Woodloch Springs
2. Mount Airy , a Hal Purdy design
3. Pocono Hills GC
4. The Shawnee Inn&  Resort, A.W. Tillinghast's first design in 1911. There was some talk about Tom Doak doing a  Reno about 15 years ago but it fell through.

5. Skytop Lodge GC
6. Split Rock GC
7. Jack Frost GC

https://www.poconomountains.com/blog/post/guide-to-pocono-golf-courses/
Shawnee is top notch. Jack Frost is a sleeper.

There are also Pocono Manor GC (Ross & Flynn), which is the best golf course in the Poconos, and Buck Hill Falls GC (Ross, White, and others I think), which is probably the second best. They're both better than Shawnee.

[Steve_ Shaffer]

@ Nate:
I forgot about Pocono Manor. I miss going there as I'm in Arizona.

https://www.golfpoconomanor.com/history

I liked Shawnee and the 3 holes on an island in the Delaware River.

[Carl Johnson]

About 18 months ago the Mount Mitchell Golf Club, western N.C., daily fee, sold for $1.1 million as I recall.

[Joe Bausch]

The other golf courses/clubs in The Poconos:
!. The CC of Woodloch Springs
2. Mount Airy , a Hal Purdy design
3. Pocono Hills GC
4. The Shawnee Inn&  Resort, A.W. Tillinghast's first design in 1911. There was some talk about Tom Doak doing a  Reno about 15 years ago but it fell through.

5. Skytop Lodge GC
6. Split Rock GC
7. Jack Frost GC

https://www.poconomountains.com/blog/post/guide-to-pocono-golf-courses/
Shawnee is top notch. Jack Frost is a sleeper.

There are also Pocono Manor GC (Ross & Flynn), which is the best golf course in the Poconos, and Buck Hill Falls GC (Ross, White, and others I think), which is probably the second best. They're both better than Shawnee.

I’ll co-sign this post.