In a recent auction that took place in Lake Township, Ohio, the well-known Seven Hills Country Club was sold off in separate parcels to multiple buyers. The former 18-hole golf course, which had been dormant in the previous season, will not be preserved as a golf course due to the individualized bids that were submitted during the auction. Conducted by Kaufman Realty & Auctions, the sale attracted around 175 attendees who witnessed the swift sale of the entire 159-acre property, as well as an adjacent house.
Despite the interest expressed by a few potential buyers prior to the auction, the opportunity to acquire the entire Seven Hills Country Club and restore it as a golf course did not materialize. Instead, the property, which is already zoned for residential use, is projected to be developed into numerous home sites.
Stark County’s Premier Golf Course Sells in Pieces
Under the guidance of auctioneer Jr. Miller, the sale began with the renovated house on over four acres selling for $620,000, along with a 10% buyer’s premium. Following that, different sections of the course ranging from five to 44 acres were offered both in packages and separately, allowing bidders to bid on a per-acre basis. Eventually, all the parcels of the Seven Hills Country Club were successfully sold.
Miller encouraged potential buyers not to miss out on this unique opportunity by stating, “Don’t go home landless.” However, despite the chance to secure the entire site at an increased price of 1% over the combined individual bids totaling $3.3 million, no bidders emerged to take on this challenge. If someone had made an offer for the entire property, each previous individual bidder would have had an opportunity to raise their offers, with the ultimate buyer needing to surpass them.
A Regional Gem with a Rich History
Established along William Penn Avenue NE in 1968, the Seven Hills Country Club had been under the ownership of the Gran family for the majority of the past 50 years. Renowned for its meticulously maintained course, the club was widely regarded as one of the top public golf destinations in the Stark County region.
In 2020, the Grans sold the Seven Hills Country Club and two accompanying houses for a total of $2.7 million to a limited liability corporation. The purchasing group, led by James Gesiotto, a resident of Jackson Township and a Mount Eaton dentist, partnered with Kaufman Realty & Auctions to oversee the auctioning process.
Although the golf course operated throughout most of 2022, it remained closed during the past season. Subsequently, an additional auction was scheduled for the following day to sell the equipment utilized for course maintenance and restaurant operations.
Frequently Asked Questions
What were the results of the Seven Hills Country Club auction?
In the auction that took place in Lake Township, Ohio, the former Seven Hills Country Club was sold in separate sections to multiple buyers. No bids were submitted to acquire the entire property, making the revival of the golf course unlikely.
Who conducted the auction?
Kaufman Realty & Auctions, based in Sugarcreek, was responsible for organizing and managing the auction of the Seven Hills Country Club.
What will happen to the property now?
The property, which is already zoned for residential use, is expected to be developed into multiple home sites.
Who previously owned the Seven Hills Country Club?
The Gran family, who had owned the Seven Hills Country Club for the majority of the past 50 years, sold the property and associated houses to a limited liability corporation in 2020.
What will occur in the second auction?
The second auction scheduled following the course sale is intended to sell the maintenance and restaurant equipment used at the former Seven Hills Country Club.
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