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Joshua Pettit

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San Geronimo Golf Course Sold
« on: August 21, 2009, 12:14:38 PM »
I though some Bay Area folk might be interested to know that San Geronimo Golf Course was just sold to a private party -- finally.

Here are some links to the articles in the Marin IJ:

http://www.marinij.com/marinnews/ci_13146420

http://www.marinij.com/marinnews/ci_13162758  

The second article states that the property is only 21.9 acres, which is quite obviously incorrect.  I can't imagine where they came up with that number.  I would guess its really somewhere in the 120-150 acre range.  

« Last Edit: August 21, 2009, 12:19:15 PM by Joshua Pettit »
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"The greatest and fairest of things are done by nature, and the lesser by art."

David_Tepper

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Re: San Geronimo Golf Course Sold
« Reply #1 on: August 21, 2009, 12:20:53 PM »
Josh -

Thanks for linking those articles. I heard last week that SG had been sold. I have long considered SG (a Vern Macan layout) one of the Bay Area "hidden gems." I hope the new owner treats it well.

DT
 
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Joshua Pettit

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Re: San Geronimo Golf Course Sold
« Reply #2 on: August 21, 2009, 12:28:19 PM »
David,

I don't know how "hidden" it is, but I wouldn't hesitate to classify it as a gem, as it is indeed.  

$5.6 Million for that property in West Marin...well I wouldn't necessarily say thats a steal, especially in this economy; but I do think that with an additional million invested it could be upwards of phenomenal.  
« Last Edit: August 21, 2009, 12:49:24 PM by Joshua Pettit »
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"The greatest and fairest of things are done by nature, and the lesser by art."

Tiger_Bernhardt

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Re: San Geronimo Golf Course Sold
« Reply #3 on: August 23, 2009, 01:26:18 AM »
That is a big number if you want to make money after another million put in
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Bill_McBride

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Re: San Geronimo Golf Course Sold
« Reply #4 on: August 23, 2009, 10:18:11 AM »
21.9 acres?  Macacn was a genius indeed!

I played some there after it opened and was never terribly impressed.  Those holes out in front of the clubhouse were very plain.  There were some awkward holes elsewhere.  I'm pretty vague about the course which is never a good sign for me.
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