7738 Portal WayCuster, WA 98240

  • Sports & entertainment properties
  • 4,008 SF
For Sale
$3,200,000 View listing

Property Details for 7738 Portal Way

Year built
1968
Lot size
102.95 AC
Property size (Sq ft)
4,008 SF
Zone code
R10A
Property type
Sports & entertainment properties
Property subtype
Golf courses & driving ranges
APN
400126 335144 0000
APU
4001263351440000

Description

Grandview Golf Course presents a remarkable investment opportunity in Custer, WA. This turnkey 102.95-acre property boasts an established and profitable 18-hole public golf course, open seven days a week. The 5900-yard course offers a strategically designed layout, conveniently located near I-5 and the Canadian border, ensuring high accessibility and consistent play. A unique feature is the final green's proximity to the clubhouse, creating a shorter, 12-hole option inspired by Jack Nicklaus. The course's attractive design, combined with competitive green fees, contributes to its strong financial performance. Beyond the course itself, the expansive acreage provides significant potential for future cluster development, adding further value to this exceptional investment. The existing, highly capable staff and smooth operational structure ensure a seamless transition for the new owner. This is a rare chance to acquire a thriving, well-managed golf course with significant upside potential. The property is priced at $3,300,000.

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,237,440
    Hospitality
    $1,133,489
    Educational
    $943,049
    Medical
    $975,482
    Retail
    $1,466,966
7738 Portal Way, Custer, Washington

Location Insight

City
Custer
County
Whatcom
State
Washington
Latitude
48.9242
Longitude
-122.646
CBSA code
13380
CBSA name
BELLINGHAM, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2021
$16,120
$875,075
$703,269
$1,578,344
-
$875,075
$703,269
$1,578,344

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