A 550-acre swath of land in Swannanoa, once the site of Tiger Woods’ first planned North American golf course, is up for sale for $19 million. It’s the second time the property has hit the real estate market after plans to develop the site fell apart in the late 2000s.
The property, located 17 miles east of Asheville, has had two owners since Woods visited in 2007. The whole 800-acre site sold in 2019 for $15.3 million, according to Citizen Times reporting. The 400 Spring Mountain Road property is tax-appraised at $2.3 million and is currently owned by the South Carolina-based New Fort LLC.
Former owner David Straus told the Citizen Times in 2019 the property was sold that year for $15.3 million due to expenses and a lack of interest in the land.
“We didn’t really want the property anymore and there were a lot of expenses involved in it,” Straus told the Citizen Times in July 2019. “At that point, the house we had on it we would use to vacation on it had been torn down to make way for the golf course. It really didn’t have the kind of value to us anymore that we wanted, so we had been trying to sell it for a number of years.”
The site had been previously listed for $24 million in 2016.
The listing for the property notes the 6-acre private lake and deep wells located on the property, which has elevations as high as 4,300 feet. The property is being listed by the Asheville-based Altamont Property Group.
While Woods has made no mention of involvement in the property in recent years, the listing notes that “past development and golf course plans” are still on file. The listing also indicates the presence of white-tailed deer, turkey, foxes and black bears, with the site possessing “significant conservation value.”
Straus financed a deal to develop the property in 2007, under a deed to The Cliffs. The Cliffs make up seven private luxury communities owned by South Street Partners, a development company based out of Charlotte and Charleston, South Carolina. The project would’ve led to the development of nearly 1,000 new luxury homes in a development dubbed “The Cliffs at High Carolina.”
In 2007, Woods said he would visit Fairview “as much as I can” to see the project through to completion. The project’s…