Winchester Country Club, the upscale golf resort community thats being revived following a foreclosure about five years ago, is re-launching its luxury home sales starting April 1.
Intero Real Estate Services, a Silicon Valley-based real estate company with several Sacramento-area offices, is the listing agent for 136 home sites, as well as six luxury homes that will be built over the next 12 months. Overall, Winchester has 409 home sites, some of which are owner-occupied with mini-mansions.
The new round of sales will feature empty lots starting at $200,000 and finished homes ranging from $1 million to $1.5 million. The site is in Placer County near Meadow Vista.
Winchester, featuring a Robert Trent Jones Jr.-designed 18-hole golf course, was opened in 2000 by highway contractor C.C. Myers, who envisioned it as a luxury home and golf enclave for Sacramento and Bay Area baby boomers. He built his own million-dollar, 8,000-square-foot home at Winchester but lost it and ownership of the entire project to bankruptcy during the 2008-09 recession. Myers eventually was able to buy back his home for $650,000.
Winchester Country Club was bank-owned until late 2012 when it was purchased by Colorado-based Real Capital Solutions, which invests in troubled properties. RCS says it has invested nearly $1 million in capital improvements for the country club, including a refurbished clubhouse and golf course upgrades. The clubhouse restaurant is currently open but the golf course is closed until June while its 18 greens are being replanted.
Call The Bees Claudia Buck, (916) 321-1968.