Tiger Woods’ would-be-named golf course has been up for sale so many times and faced so many setbacks there’s no wonder why the property is on the market for less than $20 million.
A 550-acre parcel of land in Swannanoa, North Carolina, that once was earmarked for what would have been Woods inaugural North American golf course, is now available for purchase at $19 million. This marks the property’s second listing on the real estate market, following the dissolution of development plans in the late 2000s, Golf Digest reported.
Woods’ golf course was to be located inside The Cliffs at High Carolina in Fairview, North Carolina.
The Cliffs refers to a collection of seven private luxury communities owned by South Street Partners, a development company based in Charlotte and Charleston, South Carolina.
In 2007, the development of the property under The Cliffs banner was financed by the Straus Family Limited Partnership.
Years of Troubles
The Great Recession (2007-2009) took its course, causing the collapse of the real estate market that severely impacted The Cliffs at High Carolina’s development. Then in 2009, the pro golfer’s infidelity scandal tarnished his image, crippling the development plans of the project, The Citizen-Times reported.
The 2011 sluggish housing market didn’t bode well for the Tiger project.
According to the Citizen-Times, the Straus family had tried to sell the property twice, in 2016 for $24 million and in 2018 for $15.9 million.
Other Tiger Projects Faired Better
The Carolina project didn’t work out for Woods. However, since then he has designed several golf courses. In 2023, his golf course design firm, TGR Design, which has announced that they would be constructing a new golf course at Marcella Club in Park City, Utah. This will be the first mountain design for Woods and will be the fourth golf course to bear his name. The other courses are Bluejack National in Houston, El Cardonal at Diamante in Cabo, and Payne’s Valley in Hollister, Missouri.