Skip to content Skip to sidebar Skip to footer

First golf course designed by Arnold Palmer on sale for millions

Arnold Palmer's first piece of work is up for sale.

Indian Lake Golf Club was Palmer's first design way back in the 1960s, and it is now being sold. The club is located just outside of Somerset, Pennsylvania, which is about 70 miles east of Pittsburgh. The property, which is currently a failing private club, is expected to fetch millions.

Here is the Pittsburgh Post-Gazette.

Located in the Laurel Highlands of Somerset County, just east of Somerset, the 240-acre parcel sits on a peninsula wrapped by private and pretty Indian Lake. The club that owns it is accepting serious offers for all 18 holes, nine of which were designed by Palmer before it opened in 1967.

Board member and spokeswoman Allison Troy Finui says the course was "conservatively appraised" at $1.4 million three years ago. That may not take into account the cachet of being associated with Palmer, who died Sept. 25 at age 87. The club seeks a new owner with enough cash and commitment to reverse that, so current members, including Mr. Gill (the club president), can keep enjoying the place along with newcomers. "I'm reasonably confident that something will work out and we can play golf next spring."

There is also an interesting little tidbit about how one of Donald Trump's helicopters was seen flying over the grounds in recent months. This feels like a little bit of a steal at that price. Granted, you have to flip the club into a sustainable business model, but Palmer's first course design? Come on. With a little influx of cash and some marketing, that's a cinch.

Here is a look at the course.

Palmer, who passed away last fall just before the Ryder Cup, went on to design hundreds of courses all over the world, but this one will always be the first one he ever worked on.

Source: www.bing.com