what happened to the golf course and casino at cat island

A once-popular Beaufort County golf course has sold in a foreclosure auction, a year after it closed. The golf course and associated property at Sanctuary Club at Cat Island sold at the high bid of $425,000 in a foreclosure sale Monday, Beaufort County court records show.

Full Answer

What happened to Sanctuary Club at Cat Island golf course?

Sanctuary Golf Club at Cat Island, CLOSED 2019. 8 Waveland Ave, Beaufort, South Carolina, 29902. Type: No. Holes: 18. (843) 524-0300. Golf Course's website. Scorecard.

Why choose Island Resort&Casino?

May 30, 2019 · The loan agreement with Grant Golf was renegotiated to defer payments in the aftermath of Hurricane Matthew in 2016, court documents show. A Chinese investment group was interested last year in buying the course and establishing a golf school on the property, but the deal didn’t work out, The Gazette reported. Fischer said he also offered to sell the course to …

What happened to the golf course in Beaufort County?

Jan 08, 2019 · Golfers were also given the option to walk and play the Sanctuary’s Cat Island course, paying for rounds on the honor system, The Gazette reported. “Unfortunately, things have not worked out as planned,” the note on the pro shop door said. “Due to these circumstances, the golf course is temporarily closed.”

Why is Lady's Island golf course closed?

Jan 09, 2020 · The golf course and associated property at Sanctuary Club at Cat Island sold at the high bid of $425,000 in a foreclosure sale Monday, Beaufort County court records show. The buyer, listed in...

What is the Sanctuary at Cat Island?

Sanctuary at Cat Island is something special with the water flowing in and out of the course as the tide changes. This is target golf at its best and along with the alligators that live in the waters around the course there are plenty of other wildlife to be seen and enjoyed. The clubhouse is excellent along with a great restaurant and pro shop. Staff are cordial and efficient and help make your experience at the Sanctuary course a memorable one.

Who owns Lady's Island Country Club?

Current owner, Jeff Fischer, who also owns Lady’s Island Country Club on the north end of Lady’s Island, closed the Sanctuary Club abruptly in January 2019 and said at the time that the course was for sale while he consolidated operations to his other club.

Why didn't the Cat Island Club foreclosure sale close?

Fischer had bid $235,000 at a foreclosure sale for the Cat Island club in November, but the deal didn’t close because the balance of the money wasn’t paid , a county foreclosure clerk said. The course was then put back up for bid Monday at the Beaufort County Courthouse. 1 of 2.

Who owns Lady's Island Country Club?

Fischer also owned Lady’s Island Country Club, which was sold last year and its name changed to Olde Beaufort Golf Club. Cat Island Investors, of which Fischer is president, and Lady’s Island LLC, of which he is managing member, also owed International Golf Maintenance $375,000 as part of a settlement related to contracted work for ...

Is Lady's Island closed?

The 18-hole golf course in the waterfront community on Lady’s Island has been closed since January 2019. Owner Jeff Fischer at the time said the business struggles included a decline in play, competition from the golf course on Marine Corps Recruit Depot Parris Island, and adverse weather. Cat Island is one of three golf courses in Beaufort County ...