EAST PROVIDENCE – Metacomet Country Club is on the market, listed for $3.5 million, according to a brokerage based in Tampa, Fla., that specializes in golf resorts, planned communities and marinas.
The 105-acre golf course opened in 1926 in its current location, with a view of Narragansett Bay. It initially was founded in another location in East Providence. It features a classic parkland layout, designed by Donald Ross, who also designed several other golf course and country clubs in Rhode Island.
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The listing is held by the Leisure Investment Properties Group of Marcus & Millichap Real Estate Investment Services, of Tampa. Rob Waldron is the lead investment adviser.
In a news release, Waldron said the 18-hole private, member-owned club is seeking investment for a rejuvenation of the facilities. The site is not being marketed for redevelopment into other uses, such as mixed-use or residential, he said.
The country club includes a nearly 22,000-square-foot clubhouse with a 200-seat banquet room, grill and dining room.
It is located adjacent to a redevelopment area off Veterans Memorial Parkway that will become a residential and commercial mixed-use district on the waterfront. Another redevelopment nearby is nearing completion.
Mary MacDonald is a staff writer for the PBN. Contact her at macdonald@pbn.com.
