122 +/- Acre Golf Course & Country Club + Rock Climbing Business ...

Undisclosed Address, Soddy Daisy, TN 37379
Business Opportunity for Sale
Also listed as Hospitality, Vacant Land
Catylist Listing ID: 30764819
Property Subtypes: Entertainment and Leisure
Building Size (RSF): See Agent
Sale Price: $1,750,000
Name of Establishment: Montlake Golf Club & Stonefort Bouldering/ Cabins
Business Website Address: https://www.lukenholdings.com/montlake-golf-course/
Year Business Established: 1989
Gross Revenue: $0 (Annual)
Cash Flow: $0 (Annual)
Sale Terms: Cash to seller.
Last Updated: 10/7/2021

Overview / Comments

122 +/- Acre Mowbray Mountain Tennessee mountaintop public golf course offering panoramic TN mountain scenic vistas with massive limestone boulders carving out the landscape PLUS in addition, become a proud owner of one of the best rated bouldering destinations in the entire country Stone Fort Bouldering aka “Little Rock City” & Stone Fort Cabins in the Chattanooga, TN MSA. Montlake Golf Course, designed by course architect Earl Spear, opened in 1989. The golf course is a PAR 71 with 18 holes of challenging elevation changes and shots over stretches of water and massive boulders over the 17th fairway. Course improvements include the clubhouse approx 2,835 sq ft featuring practice greens, a pro shop area, kitchen w/ snack bar, offices, and a storage building/garage built in 2007 that is approx 2,100 sq ft. Course has served as the centerpiece and backdrop of Montlake Estates Subdivision since 1989, a community of established single family homes ranging in price from 400k up to 1M+ with new development/construction currently happening within the subdivision. Acquiring the thriving and well known Stone Fort Bouldering business is an amazing opportunity and in the world of climbing they would say by becoming the new owner you are definitely hitting the climbing destination jackpot! Some of the best bouldering east of the Mississippi is at Stone Fort Bouldering. Climbers travel from across the globe to get their hands on nearly 700+ problems featuring some of the best sandstone in the world! Stone Fort is host to the preeminent event of the annual Triple Crown Bouldering Series Competition that is eagerly anticipated every year by climbers worldwide. Improvements include the Stone Fort Cabins featuring multiple self-sufficient off the grid cedar cabins located right on top of Mowbray Mountain's popular boulders that provide modern amenities for climbers to enjoy the convenience of multi day bouldering getaways. Each cabin host’s it’s own solar array providing amenities such as HVAC, electrical outlets and digital TV via OTA. The off the grid system is designed to offer climbers an environmentally friendly experience with the boulders just a few steps away from the private decks. Helicopter Hanger is NOT included , owner will have helicopter hanger parceled out prior to close of transaction. All of this less than a 20 min drive to Downtown Chattanooga, TN MSA. Continue as a golf course or subdivide and develop as the possibilities are endless here! Chattanooga, TN MSA is a thriving southern gem of a city and has continued to experience explosive growth in terms of population, business and jobs the last couple of years. Licensee has personal interest in this property.

Additional Details

Industry Segment: Other Entertainment and Leisure
Value of Inventory Included ($): $0
Value of Furniture, Fixtures, and Equipment ($): $0
Value of Real Estate Included ($): $0

Contact

Photograph of Listing Agent

Katie L Ashley

RE/MAX Renaissance Realtors Greater Chattanooga REALTORS® Member
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