Lakeland Golf Course & Restaurant

Special Purpose for Sale
Catylist Listing ID: 30809484
Property Subtypes: Sports/Entertainment
Building Size (RSF): 5,528 SF
Gross Building Area: See Agent
Gross Land Area: 117 - 120 Acres
Sale Price: $1,199,500
Property Use Type: Investment, Business
Sale Terms: Cash to Seller, Sale/Leaseback, Other
Last Updated: 8/15/2022

Overview / Comments

INVESTMENT OPPORTUNITY OF A LIFETIME!! This former 18 hole PGA golf course consists of 117 beautiful acres, a full service restaurant and lounge and lake frontage on Douglas Lake, which has been on the bass masters pro circuit. In fact, pro golfer Sam Snead, still holds the record with a score of 64 from 1981!!! This beautiful resort golf course is located in Baneberry sitting at the foothills of the Smoky mountains. The course has newly redone green, state of the art irrigation system, driving range, 25 brand new golf carts, multiple buildings for storage, brand new HVAC, swimming pool, BOAT LAUNCH and DOCK to park boats for the FULL SERVICE newly redone RESTAURANT which includes a liquor license and EVENT space, snack shack for the pool, showers for members, and a PRO SHOP. If that wasn't enough, it also includes a 5 bedroom 2 bath employee house!! Many acres are still left for growth for resort housing/ AIRBNB!

Additional Details

Nearest MSA: Morristown
County: Jefferson
Tax ID/APN: 061 002.10 000 & 061 002.00 000
Property Located Between: St Andrews Dr & Harrison Ferry
Property Visibility: Excellent
Largest Nearby Street: St Andrews Dr
Highway Access: I-40 White Pine, TN 37890 Head northwest on I-40 W 427 ft Take exit 424 for TN-113 toward Dandridge/White Pine 0.1 mi Turn left onto TN-113 N (signs for White Pine) 1.9 mi Turn right onto Nina Rd 2.8 mi Turn right onto Harrison Ferry Rd 1.5 mi Turn left Destination will be on the left
Airports: McGhee Tyson Airport Knoxville, Morristown Regional Airport, Gatlinburg Pigeon Forge Airport, Ashville NC
Site Description: Multiple buildings, barn, storage, employee housing all within second of the course
Area Description: Beautiful LAKEFRONT community
Total Number of Buildings: 5
Number of Stories: 2
Typical SF / Floor: 5,528 SF
Property Condition: Good
Year Built: 1973
Year Renovated: 2021
Construction/Siding: Brick/Aluminum Siding
Exterior Description: Gray aluminum siding with stone
Parking Ratio: 50 (per 1000 SF)
Parking Type: Surface
Parking Description: 50 plus Blacktop parking space in the back of the resort
Sprinklers: Other
Heat Type: Electricity, Natural Gas
Heat Source: Central
Air Conditioning: Other
Internet Access: Fiber Optic
Interior Description: Beautifully renovated FULL service restaurant and bar with a separate event space.
Zoning Description: COMMERCIAL
Water Service: Well
Sewer Type: Municipal
Land Ownership: JOSHUA & DANYELLE GLENDENNING
Legal Description: Lakeland Golf & Restaurant Resort

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,220 3,393 12,227
Median Age: 43.32 43.68 41.35
Households: 916 1,386 4,842

Contact

Photograph of Listing Agent

Leandra Lorber

eXp Realty, LLC KAAR CIE Member
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