December 23, 2024
GOLF SCENE

Foxcroft, Felt Brook up for sale Kenduskeag Valley GC receives several offers

Three golf courses between Holden and Dover-Foxcroft are definitely for sale among half a dozen that have been rumored to be for sale.

Three others – one which had been among those rumored to be for sale and one that had been for sale in the past but not sold – are not for sale, their owners stated Wednesday.

Felt Brook Golf Center in Holden, Kenduskeag Valley Golf Course, and Foxcroft Golf Club in Dover-Foxcroft are currently up for sale.

Hermon Meadow Golf Course, Pine Hill Golf Club in Brewer, and Lucerne-in-Maine Golf Club are not for sale, according to their owners.

Felt Brook, a nine-hole facility in Holden which opened in 1998, is going through a sealed bid sale conducted by Tranzon Auction Properties of Portland. The bids will be opened Sept. 5 at 3 p.m.

According to the Tranzon Web site, auctions are either absolute (highest bidder wins, no matter the amount) or reserve (minimum price must be met or bettered). Unless the terms and conditions of the sale explicitly mention an “absolute” sale, then a reserve auction is assumed, according to the company Web site. An advertisement placed in the Aug. 3-4 edition of the Bangor Daily News did not include the term “absolute.”

When asked recently about the sale, Bob Sparks, co-owner of Felt Brook with his wife Linda, said, “No comment.”

Furthermore, he stated, “I don’t want a story in the paper [before the sale]. I’ll talk after the sale.”

The sale includes the golf course, the driving range, the restaurant/lounge, pro shop, and 27-hole miniature golf course. The ad in the NEWS said the go-kart facility is also available.

Kenduskeag was put up for sale by owners Ed and Lucille Koncinsky last year. They started out asking $549,000 for the nine-hole golf course, the buildings, and an additional 78-acre parcel that abuts the golf course.

“We’ve lowered it to $495,000,” said Lucille Koncinsky, adding that there has been a lot of interest shown.

“Some were serious, some just curious,” she said. “We received a couple of offers that we turned down, and a couple were looking into financing, but we’ve heard nothing yet.”

The first thing people who visit the Foxcroft Golf Club Web site (www.dover-foxcroft.com/golfcourse/) see is the announcement that the nine-hole club is for sale.

Lou Thibeault, who has owned the club since 1984, prescreens people before sending more detailed information packages.

“If we do have an interested buyer – by that I mean someone who understands what it costs to build a golf course, to maintain a golf course – I have an information package,” said Thibeault. “The answers are in that.”

That includes the asking price, which Thibeault prefers to keep quiet.

“Every time I announced a price, the town would try to raise my taxes,” said Thibeault, who has had the club for sale off and on for 10 years.

He’s trying to retire now, he said, and that’s why the club is for sale.

“We’ve had a lot of interest in it this year,” he said.

Owner Paul Dudley was adamant about putting to rest any rumors that Hermon Meadow was for sale.

“There is no foundation for that,” he said. “My entire retirement plan revolves around that golf course.”

And he said he doesn’t plan on retiring any time soon.

Dudley thought that some of the Bangor-area courses might come up for sale eventually because he said he didn’t think there was enough business for all of them.

“To build a golf course in this area is absolutely idiotic, unless it’s for ego,” he said. “The National Golf Course Owners Association said the Bangor area is 250 percent overbuilt. It’s the fourth-most overbuilt area in the country, and Portland is the seventh-most.”

Bob Little, who built Pine Hill, had offered the nine-hole club for sale years ago. Little died last year, and Pam Foss, his daughter, said it’s not for sale.

“We’re going to run it for 10 years and see after that,” she said of herself, her sister Candice Morrill, and her brother Bob Little Jr.

“In 10 years, my sister and I will be close to retirement age, then we’ll see,” said Foss.

Lucerne-in-Maine owner David Gubler chuckled and said, “I suppose anything is for sale if someone comes in and offers enough money, but no, it’s not for sale.”


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