$6,200,000
Woodland Park, CO 80863
MLS# 181303
10600 sqft
1 / 40
Property Description
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
Maps
Location Info
Current Price: $6,200,000
Inside City Limits: Yes
Condominiumized: No
Zoning City: A-1 PUD
Zoning County: A-1 PUD
Type: Business with/RE
Major Area: Out of Area
Area: Within Colorado
Asking Price: 6200000
Original List Price: 6200000
Street #: 100
Street Name: Shining Mountain
Street Suffix: Lane
City/Town: Woodland Park
State/Province: CO
Postal Code: 80863
Keywords Info
Total Building SqFt: 10,001 - 20,000
Association Dues: No
Listing Info
Occupant: Owner
Listing Date: 2023-09-25
Seller is licensed Realtor: No
REO: No
Member Association: Aspen Association
General Info
Sub/Loc: Out of Area
County: Teller
Country: United States
Legal: Extensive Legal Decrpition
Zoning: A-1 PUD
Lot SqFt: 15463800
Nbr of Acres: 355
Total SqFt: 10600
Unit SqFt: 10600
Parcel #: multiple sch
Year Built: 1992
Directions: From Colorado Springs, Woodland Park is an 18-mile, 25-minute drive via Highway 24. Once arriving in Woodland Park proceed to Colorado highway 67 and turn north. Shining Mountain Golf Course is a mere five minutes north from the intersection of Highways 24 and 67.
Financing Info
Metro Tax District: No
Taxes: 34809
Tax Year: 2022
Transfer Tax: No
Status Change Info
Status: Active
Remarks
Public 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.
Current Use
Other: Golf Course, Disc Golf
Property Features
Allowable Uses: Income; Mixed Use; Restaurant/Bar; Retail; Other
Current Use: Entertainment; Income; Recreational; Restaurant
Listing Office: Fay Ranches, Inc
Last Updated: January - 21 - 2024
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
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Broker Attribution:
(719) 890-4590