Brickshire HOA purchases golf course for $2M

 Traditional Golf Properties, the owner of three area golf courses has unloaded one of its clubs, turning it over to the residents of the surrounding neighborhood.

Brickshire Golf Club in New Kent County VA was sold  for $2 million to the Brickshire Community Association, a group that represents the nearly 1,100-lot housing development about 30 miles east of Richmond VA.

The 229-acre course was sold by Traditional Golf Properties which still owns neighboring Royal New Kent Golf Club and the Golf Club at Stonehouse in Toano. Those two courses shut down in January and have remained closed as Brickshire remained open as usual and its deal played out.

The trio of semi-private clubs was put up for sale last year and went under contract to an unknown buyer in the summer. That deal never materialized, creating an opening for the Brickshire association.

Jerry Assessor, president of the association, said the deal first had to pass muster with a majority of Brickshire residents and lot owners.

“The encouraging part is that the neighborhood came together,” said Assessor, adding that the group needed two-thirds of the lot owners in Brickshire to vote in favor of the deal.

“That number was exceeded and that is a big feat in this day and age. The owners recognized the value of maintaining the golf course as the centerpiece of the Brickshire neighborhood.”

Traditional Golf owner Paul Mauk could not be reached for comment about the Brickshire sale or the future of the company’s other two local courses. It paid $425,000 for Brickshire in early 2010. It has owned Royal New Kent and Stonehouse since 2001, paying $5 million for each course that year.

C&F Bank, the lender on the property for the previous owner, is also the lender for the association’s purchase.

The course will now be run by Wingfield Golf Management Co., a South Carolina-based company that manages New Kent course Viniterra Golf Club.

Assessor, who has lived in Brickshire since 2008, said the majority of residents recognized that while golf is often a tough business, it was more favorable for the neighborhood to determine the future use of the property, rather than a third-party owner.

“It’s not an endorsement of golf as an industry,” he said of the deal. “It was the best solution for this community. It means we can control our own destiny.”

Assessor said the association and Wingfield are tweaking the rates for rounds and membership at the course, with packages for residents and non-residents.

Click here to see more about the Brickshire community!

Psst, I’m a real estate agent.

This post was authored by local resident and REALTOR, John Womeldorf. John is known around town as Mr. Williamsburg, for both his extensive knowledge of the Williamsburg/ Hampton Roads/ Richmond VA area and his expertise helping buyers and sellers in the local real estate market.

If you are a homeowner searching for someone innovative to sell your home I would love to share my thoughts on marketing. You can read some of the stories I have written about the homes I have sold here.

Additionally, I have helped hundreds of folks find their dream home/ community and would love to help you find yours in Williamsburg, Yorktown, New Kent, VA Beach, Chesapeake, Suffolk, Isle of Wight Poquoson as well as Richmond.

You can reach me by phone at 757-254-8136 or email  John@MrWilliamsburg.com

I look forward to serving your real estate needs!

Best,

About mrwilliamsburg

I love Williamsburg !
Being “Mr. Williamsburg” and starting my web site in 2004 has been a great way for me to help people looking for homes for sale, communities and an “insider knowledge.” of the area.
Turned out I was onto something. Because I offer in-depth information and up-to-the-minute blogging, even international clients have found me. One couple, moving back to the States from France, told me that a post I wrote blog about grocery shopping in Williamsburg convinced them that Williamsburg was the place to be, and that I was the best source by far that they found on the web.
I’m happy to say that I hear similar comments from many of my clients looking for homes throughout Williamsburg and Hampton Roads.
I grew up in Virginia Beach, Va, After attending college, I worked at a number of positions including manager of a land development and construction company and business manager of a cut flower business that we grew in sales from $300,000 to $15 million (we were supplier to Whole Foods and one of the first cut flower suppliers to Costco).
In 2004, it seemed like a good time to simplify my life. I moved my family from Annapolis to Williamsburg. I went into real estate with Liz Moore and Associates, and was one of the initial agents when Liz opened her Williamsburg branch.
My sons Zach and Josh attend Lafayette High School and Hornsby Middle School and are crazy about sports and the outdoors.
I feel lucky to be living the dream, and saving two to four hours by not driving on the DC beltway every day. So, I can now spend my time with family while concentrating on learning — and sharing — information about living in Williamsburg.
In real estate, no two people or transactions are the same. Everything’s a challenge, and I’m rewarded every time in close a transaction and have the opportunity to see the smiles on clients’ faces.
Please email or call me for assistance with any real estate questions about the area
John@MrWilliamsburg.com or 757 254 8136