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Real Estate | Family Ties

By: James A. Frank

What does the second-home buyer want in a community? The answer is relative.

What does the second-home buyer want in a community? The answer is relative.

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Mar 02, 2015
Arnie Auction


(VASS, NC) So Michael Jordan wants to build his own personal golf course? This might be a better option…and it’s in his home state. The upcoming bankruptcy auction of Woodlake Country Club, 20 minutes east of Pinehurst, includes a 1,200-acre private lake, over 600 homesites, and two golf courses: the Woodlake-Maples Course designed by Ellis Maples, and the Woodlake-Palmer designed by Arnold Palmer. These courses are no slouches. The Maples course is considered one of the most challenging in the Southeast and has played host to the Carolinas' PGA Match Play Tournament, while the Palmer course is one of the most popular in the area. In addition to the homesites, a 21.6-acre parcel on the  the property holds promise for the construction of a full-service boutique hotel, providing "stay and play" opportunities. The live auction will be held on-site on March 26, but interested buyers can tour the property on March 5, 12 and 19 between 11:00 am and 2:00 pm. Call 888-260-5893 for more information.

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