According to an article in the Monterey Herald, a private golf club located less than 15 miles away from Pebble Beach on the Monterey Peninsula has been sold for almost $10 million.
Concert Golf Partners purchased The Club at Pasadera from a local group of investors. The Jack Nicklaus designed track is 6,673 yards, par-71, with a course rating of 73.7 and a slope value of 143.
CBS Sports Broadcaster Jim Nantz , who bought a house in the area over a decade earlier,, had nothing but praise for the course.
Nantz said, “The Club at Pasadera has been underrated as a gem of California golf.” The club and course is absolutely stunning.
(Photo courtesy Concert Golf Partners)
The Florida-based Concert Golf Partners has purchased its first California property. The company now owns 33 clubs, including The Club At Longview in Charlotte N.C., The Club at Renaissance at Ft. Myers in Florida, White Manor Country Club, in Philadelphia, and The Muttontown Club, on Long Island N.Y.
Jordan Peace, Concert Golf Partners’ Senior Vice President, said: “We are thrilled to welcome The Club At Pasadera into our family. It is a beautifully crafted golf club and a premier golf course located in a golf destination of the highest caliber. “Our commitment in safeguarding the rich history of this club is aligned with our overarching goal.”
The Herald has more:
The Golf Course and Country Club of Pasadera is the centerpiece of the 250-home, 565-acre Pasadera community. The Club at Pasadera golf course and country club opened in 2000 for $42 million. It was purchased 10 years later for $7.5 million by HNA Group, an Asian conglomerate, after its original owners, Pasadera Country Club, LLC., declared bankruptcy under Chapter 11. The Trump Organization had discussed a possible deal, but the deal fell apart in December 2008 due to loan conditions and threats of lawsuits. A group of local investors bought Nicklaus Club Monterey in late 2018 for $3.2 million. They renamed the club The Club at Pasadera.
(Photo courtesy Concert Golf Partners)
