The Las Vegas Country Club’s 18-hole golf course is being put up for sale. Early expectations are that a successful buyer will have to make an eight-figure offer but that the historic facility with a great location will be sold quickly.
Deed restrictions prevent most of the Club’s acreage from becoming anything other than what it is today – green space.
Home values in the club’s gated community range from $300,000 to about $2 million. The fact that the club has its own water rights and is adjacent to the Las Vegas Convention Center and the Westgate means it has a location that can’t be matched, not since Steve Wynn bought the Dunes with its own golf course and turned it into the Bellagio.
Wynn made a bid to buy it about 10- years ago as it was becoming apparent that he had big plans for the nearby acreage associated with the Desert Inn.
Phil Hevener has been writing about the Nevada gaming business for more than 30 years. Email: [email protected].