Remarks

As it has been well documented, the three most important principles in real estate investing are location, location, location. The location of the Shining Mountain Golf Course is majestically stunning, strategic, naturally beautiful, convenient, and unmatched by any property currently on the market. There is a variety of terrain including creek bottom wetlands to a rolling Ponderosa Pine forest. As you tour the property, Pikes Peak stands in silent overwatch. The 18-hole championship golf course with its10,600 square-foot event center sits in the mountains, 25 minutes from the Colorado Springs metro area with no mountain passes to cross. The entire package also includes 135 undeveloped acres which the Seller has invested time and resources into master planning for a future residential project. A bonus feature are the three world-class disc golf courses used frequently for regional competitions. At 8500 ft elevation Woodland Park and the Shining Mountain Golf Course enjoy cool summers, and an average of 245 days of sunshine. This investment can be visualized in many ways. It can continue to be run as a golf course and event center capitalizing on increasing demand for both business centers. Of course, the residential project could be developed simultaneously with the continued business operations. A then again, a creative Buyer might choose to sell off the event center and 9-holes of the golf course and create a spectacular ranch estate on the remaining portion of the property. Whatever your vision may be, this is a special property in a special location.

Details

MLS#: 181303
Price: $6,200,000

Style: Income,Mixed Use,Other,Restaurant/Bar,Retail
Year Built: 1992

County: Teller
Subdivision: Out of Area
Lot Size: 15463800.00
Tax Fee: 34809.00