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Cape Cod Oceanfront Golf Club Listed for Sale
The Club at New Seabury, an oceanfront club in Mashpee with two 18-hole golf courses, is now available for sale. Listed by Leisure Investment Properties Group, the offering includes the club’s courses and a 42,000-square-foot clubhouse.
Owned by New Seabury Properties LLC, an affiliate of billionaire investor Carl Icahn’s company since 1998, the club’s “diamond memberships” are in high demand, with a waitlist anticipated in the coming years. In 2016, the club garnered national attention as the Icahn affiliate proposed alterations to membership terms, sparking member outcry and ensuing legal action. The dispute was eventually resolved through a settlement agreement.
“The Club’s location, asset quality, diverse amenity offering, and active and supportive membership create the potential for considerable near and long-term bottom-line growth,” the listing said.
- ◦Sale/Acquisition
