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La Purisima put on the market for $6.3M

By   /   Monday, April 16th, 2012  /   4 Comments

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A deep dip in the golf industry has caused the owners of La Purisima Golf Course in Lompoc to put the property up for sale for $6.25 million.

The 306-acre property located along Highway 246 was quietly put on the market in November, Vice President and General Manager John Carson told the Business Times. When golfers concerned the course was shutting down started calling, the golf course decided to quash the rumors and go public with its for-sale listing.

Carson said the investors behind the 18-hole course, which has been ranked at No. 40 in the country in a reader’s choice list in Golf World magazine, decided to put the property up for sale when the economic downturn took its toll.

“This course was built back in 1986, and the way the golf industry is today it’s just been very operationally difficult the past few years and the owner has other properties to spend his time with,” Carson said. “He just felt the time was right to put it on the market.”

La Purisima is now being marketed as a potential spot for a new vineyard, winery or other tourist destination operation that also offers a golf course. Carson said the course has had several interested parties come out to look at the property, but that there are no offers currently on the table.

Lompoc’s biggest employer is Vandenberg Air Force Base, but the small Santa Barbara County city has in recent years started to cash in on the cache of the surrounding wine country. The Lompoc Wine Ghetto, an eclectic mix of wineries that set up in an industrial park in the city, is flourishing there.

La Purisima was built in 1986 and designed by well-known golf architect Robert Muir Graves. Carson said that until a buyer is found, it’s business as usual at the course.
“It’s still here, it’s still the great golf course it’s been, so we want people to come out and play,” he said.

[EDITOR’S NOTE: This story was updated at 5 p.m. to reflect the fact that the No. 40 ranking was a reader’s choice list, not the official list from Golf World magazine.]

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About the author

Managing Editor

Marlize van Romburgh covers banking, finance, agricultural and viticulture. She writes a weekly column on commercial real estate and a monthly column on the restaurant industry. Follow her at @marlizevr

4 Comments

  1. John Burke says:

    Sure hope someone with a spare $10 mil sitting around to buy and operate the course comes forward! I love this place!!!!!!

  2. Wes Hagen says:

    I will be heartbroken if I can’t play that course for the rest of my life.

  3. Kevin says:

    That is a bargain price. Should be $63 million, best course in 100 miles.

  4. Jan Finley says:

    who is the listing broker? I know that La Purisma was trying to sell it themselves…I had clients looking at it.

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