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Listed by Paul Faddis • Tarter Realty Auction and Appraisal Company
$ 2,849,000
Est. payment /mo
Price Dropped by $251K
985 S Simpson Drive Winchester, IN 47394
202 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Sport & Entertainment
Listing Status Active
Purchase Type For Sale
MLS Listing ID 202613679
Year Built 1991
Annual Tax Amount $22,574
Tax Year 2026
Lot Size 202.000 Acres
Property Sub-Type Sport & Entertainment
Property Description
This offering represents a rare opportunity to acquire a long-established, full-service public golf facility featuring 27 regulation holes situated on approximately 202 contiguous acres under single ownership, all located within city limits. The property combines immediate operating cash flow with significant underlying land value, supported by extensive on-site improvements, diversified revenue streams, and substantial recent capital investment. Surrounded by established residential subdivisions, the course benefits from consistent daily play, strong league participation, and deep community ties, reinforced by nearly 100 years of operating history and strong local brand recognition. The scale, infrastructure, and location of the property create a compelling opportunity for owner-operators, regional golf groups, or investors seeking both stabilized operations and long-term optionality. 27-hole regulation public golf course (three distinct 9-hole layouts) ~202 acres under single ownership, entirely within municipal boundaries Fully irrigated course with multiple independent pump systems 4,500± SF clubhouse with food & beverage service and active liquor license Indoor golf simulator featuring Trackman system (installed 2022) 320-yard driving range and multiple practice greens 2,000± SF outdoor pavilion/patio for events and outings 3,500± SF cart barn with capacity for approximately 77 carts New 8,000± SF maintenance facility (2022) with office, workshop, and rentable storage bays On-course restrooms, pump houses, and storm shelters 2,340± SF on-site residence suitable for superintendent or staff housing
Location
State IN
County Randolph County
Area Randolph County
Direction E on US 32 to Winchester. Right on 200 W. Left on 50 S. Left on Huntsville Rd. Right on 40 S. Right on Simpson Dr.
Interior
Flooring Carpet, Concrete
Appliance Building, Business, Inventory, Land, License Included
Laundry , 116
Exterior
Roof Type Metal
Total Parking Spaces 116
Building
Story 1
New Construction No
Others
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202613679
IDX information provided by the Indiana Regional MLS