The Shalimar Golf Course has been listed for sale.
Of course, there’s some very interesting history concerning past attempts to sell the property.
After a failed attempt in 1979 to develop the course into a “high density residential area” there was an agreement put in place that says the golf course had to be operated as a golf course until 2025.
In February 1980, the Superior Court rendered a judgment that the Shalimar Golf Course had to be operated as a golf course until 2025. ShalimarAssociation.org
No pricing is currently listed on the brokerage site for the (approximately) 42 acre site that is said to currently be zoned AG.
Of course, any potential new developer may desire to try and change that zoning if they want to develop the course into anything other than its current use.
However, the existing Shalimar Association web site states the following:
The sole purpose of Shalimar Association, a 501(c)(4) tax-exempt corporation, is to protect the below-noted covenant, and, therefore assure the Shalimar Golf Course remains a golf course, including the land on which the driving range, maintenance yard, and the club-house sits.
Information from listing brokerage Nathan & Associates does mention that “the opportunities for potential redevelopment are numerous.” – The offering can be found here: Shalimar Golf Course – For Sale
Here are some photos from the information we have so far.
We understand that there will be a lot of people who want Shalimar to remain a golf course, and we understand that a LOT of people enjoy the lifestyle that the current area provides.
I just heard about this listing on June 3rd, 2019 and thought that many of my friends would find it interesting.
Please note: I am NOT a commercial real estate expert. My experience is strictly as a residential real estate agent. I am NOT the listing agent and have nothing to do with the fact that the Shalimar Golf Course has been listed for sale.
If we get any more information, this page will be updated.