Hey, Windermere! Big news is coming your way. The former Windermere Country Club, once embroiled in a redevelopment showdown, has officially changed hands for a whopping $8.6 million. That’s right, no more standing still for this piece of land! This prime property, sitting pretty at 2710 Butler Bay Drive N, has been bought by none other than NYA Capital Inc., a construction and real estate company based in Orlando.
Curious about what’s on the soil? The club spans a sprawling 155.36 acres and includes an 18-hole golf course, a refreshing pool, tennis facilities, a grand clubhouse measuring 11,755 square feet, and even a 3,420-square-foot warehouse. Talk about space!
Even though the spot is technically in unincorporated Orange County, it’s just a stone’s throw away from both Windermere and Winter Garden, not to mention the buzzing Horizon West region. Plus, it’s only about four miles from the popular Winter Garden Village shopping center, making it a prime location for any development.
Brice Culbreth, the president of NYA Capital, isn’t just looking to sit on this investment. He has grand plans for the property, aiming to revitalize the area. “That land is an important piece of Windermere,” he noted, emphasizing his desire to bring the golf course back to life. “I want to, somehow, some way, bring back the golf course — and, at the same time, raise the property values for the homes around it.” Sounds promising, doesn’t it?
While Culbreth is excited about the potential, he hasn’t pinned down exactly when or how much the restoration will cost. However, he did mention he might consider adjusting the size of the course to make room for new homes. “I might build some new homes that might have a higher valuation that could kickstart bringing everyone else’s values back up,” he hinted. So, expect a mix of greenery and new digs!
Let’s take a quick trip down memory lane. The country club was under the ownership of Canadian golf course mogul Bryan DeCunha, who purchased the property back in 2011 for just $2.174 million. But things took a turn in 2016 when he had to close its doors due to staggering losses. A proposed plan to convert the golf course into 95 single-family homes garnered heavy backlash from locals and ultimately met its demise when the county squashed it. This led to a legal dispute that ended badly for DeCunha in 2019.
Now, with NYA Capital on board, the long-lost spirit of the golf course might just make a comeback. Residents have been hoping for a positive transformation, one that could enhance their neighborhood while bringing some familiarity back to the area.
So, what’s next for this revitalization? It looks like Windermere might be seeing some changes in the future that could create jobs, boost nearby property values, and even reintroduce that lovely golf course experience. Keep your eyes peeled, Windermere! The best may be yet to come.
Stay tuned as we follow up on any updates regarding plans and timelines from NYA Capital. Exciting times lie ahead!
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