Maryland developer buys the Gettysburg Country Club. Gettysburgians have been anxiously awaiting a verdict on the fate of the Gettysburg Country Club.
The once popular Country club received a face lift in 2007 that would ultimately result in it's demise. The face lift created a financial burden that was beyond the possible income capacity of the club. Falling memberships and failed outside expected income resulted in a Susquehanna bank foreclosure in 2008. Since then the club has sat idle.
The military park worries that the former Country club will fall into the hands of a developer. In fact the park service put this land on a list of a high priority to protect the national military park.
The Gettysburg Country Club went to Sheriff auction at a price of 2.79 million but didn't get sold and was returned to Susquehanna bank.
Woodhaven Building and Development Inc., of Manchester, Md., has the property under contract and is set to settle on the property 3/30/10. The plans for the 120 acre property are still undetermined, but one thing we do know for sure is that the chance of it remaining a country club is "very unlikely."
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