Home » NEWS » Closed golf course could be sold to new owner for $1.5M

Closed golf course could be sold to new owner for $1.5M

The owners of a closed Mississippi Gulf Coast golf course say there’s a $1.5 million offer to buy it.

WLOX-TV reports current owners have voted 211-57 to accept the offer, and that a contract could be signed in early December. It would likely be complete in early 2020.

The course is part of a historic resort that frequently hosted Elvis Presley in the 1950s.

Owners were told the 18-hole course will be converted to a nine-hole course, with the new owner seeking to build new homes on most remaining holes. The new owner will have to seek permission to build.

The course closed at the end of October after no buyer could be found. The historic Gulf Hills hotel is for sale separately.

BEFORE YOU GO…

… we’d like to ask for your support. More people are reading the Mississippi Business Journal than ever before, but advertising revenues for all conventional media are falling fast. Unlike many, we do not use a pay wall, because we want to continue providing Mississippi’s most comprehensive business news each and every day. But that takes time, money and hard work. We do it because it is important to us … and equally important to you, if you value the flow of trustworthy news and information which have always kept America strong and free for more than 200 years.

If those who read our content will help fund it, we can continue to bring you the very best in news and information. Please consider joining us as a valued member, or if you prefer, make a one-time contribution.

Click for more info

About Associated Press