If you had capital (say $10M (US)), what course(s) would you buy?
Rules: Course must have sufficient architectural merit and be currently for sale or under ownership that might be willing to sell. Wondering about pure golf properties (no tennis, no pool, etc.).
Wondering if there are hidden (or obvious) gems that fit either criterion.
I'm not talking about repurposing...focused on golf courses that would remain as such.
A couple of years ago, I might have said Dismal River, but it doesn't fit anymore.
WW
Wade, going back to your original question, I would purchase a course less than 2 mi.'s down the road from me called Pine View Golf Course which contains a full 18 and an executive 9 hole course and have fellow Michigander, Tom Doak work his magic and create a Championship 18, with a state of the art practice facility, clubhouse with a top-notch restaurant and lounge and pro shop that rivals any private club or public course in SE Michigan.
https://www.google.com/maps/place/Pine+View+Golf+Course/@42.2058049,-83.6278019,1045m/data=!3m1!1e3!4m5!3m4!1s0x0:0xeca324183b77dd17!8m2!3d42.2041497!4d-83.6210514The property has been in neglect for several years, yet the owners continue to trudge along. In fact, it's gotten so bad there that they no longer moto rake the few sand traps on the course as they no longer have the equipment to do it. That said, the course sits on a beautiful piece of rolling terrain with some very interesting elevation changes. Several fairways and green complexes are framed by picturesque tall stands of pine trees that have to be around 100 yrs., I'm guessing. If someone were to wave $1.5 million in cash in the owners face they'd hand you the keys to castle and wish you good luck.
With Eastern Michigan University's Eagle Crest Golf Club and Resort just three miles away from this property, the two courses could literally feed off of each other and form a true SE Michigan golf vacation destination (Eagle Crest has a nice 4-star hotel operated by the Marriott to house golfing guests). Heck, if you were to throw Washtenaw Golf Club into the mix, which is only seven or eight miles away from both properties, you'd have the makings for a great Friday, Sat. and Sunday golf weekend or retreat.
Someone is going to buy this property - either a real estate developer who will build residential homes or perhaps Eastern Michigan University, to add a second golf property to the existing one they have for the reasons stated above. I mean, how nice would it be to have shuttle service from the hotel at Eagle Crest to Pine View Golf Course, or whatever it will be renamed and have a courtesy shuttle take you back at the end of a great golfing day?
As far as the actual course itself is concerned; I would want Tom to come up with essentially the Pinehurst #2 and or Lost Dunes of SE Michigan. I envision a course with wide-open spaces and a lot of sandy waste areas, with the pine trees that are currently present flanking them. Of course, beautiful and challenging green complexes with complimentary surrounds are a must and I would expect nothing less from Tom. That said, there is plenty of land to work with there to come up with a 7,200 - 7,500 yard Championship course that blows people away. Considering Tom doesn't have a signature course in the area, this could be his jewel and legacy.
Of course, this is all a pipe dream. But you asked the question and I gave you an answer and a legitimate one at that.