Golf Club and Banquet
201 Lane Harveys Milton, PA 17847
201 Lane Harveys, Milton, PA, 17847
$2,800,000
For Sale
$2,800,000
18-hole golf course and banquet facility on 120+ acres.
Property Size7,402 SF
Lot Size120.00 Acres
Price / SF$378.28
Days on Market1799
Property Features for 201 Lane Harveys
General Information
- Standard status
- Active
- Size
- 7,402 SF
- Lot size
- 120.00 Acres
- Property subtype
- General Commercial
Building Details
- Year Built
- 1950
Listing agency
CENTURY 21 MERTZ & ASSOCIATES, Lewisburg
(570) 524-2120
Listed by
SCOTT MERTZ · License #RM046607A
(570) 524-2120
Source
Xome
Added: Aug 18, 2021 Updated: Jul 10 at 3:45PM Checked: Jul 21 at 3:02AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CENTURY 21 MERTZ & ASSOCIATES, Lewisburg
Investment Insights
Based on property information with market context.
The Wynding Brook Golf Club and Banquet Facility encompasses over 120 acres and features an 18-hole golf course suitable for golfers of all skill levels. The property is easily accessible from Interstates 80 and 180, as well as US Route 15, situated between Milton and Watsontown in the Susquehanna Valley. The banquet facility includes a patio, two liquor licenses, and can accommodate over 200 guests. Additional amenities include a lounge, pro shop, two golf simulators, a locker room, and an office. The grounds also feature a garage/workshop, a Quonset hut, a block storage building, and a pavilion area. The sale includes a single-family home constructed in 2015 with an attached two-car garage. The sale is subject to the subdivision of a single-family home currently on the parcel. The property size is 7402 square feet.
Key Highlights
- 18‑hole golf course on 120+ acres
- Banquet facility with 200+ guest capacity and patio
- Includes two liquor licenses
Local Financial Insights For Hotel Hospitality
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $244.3k | $33.00 |
| − Vacancy | −$39.1k | −$5.28 |
| EGI | $205.2k | $27.72 |
| − OpEx | −$107.7k | −$14.55 |
| NOI | $97.5k | $13.17 |
7,402 SF · lease $33.00/SF/yr · vacancy 16.00% · expense 52.50%
Alternative Uses
Best Use
Hotel Hospitality
$1.39M
$1.22M – $1.62M
NOI $97,462 @ 7.0% cap · market cap 3.48%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$9.01M
$7.88M – $10.51M
NOI $630,468 @ 7.0% cap · market cap 22.52%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Golf courses & driving ...
Similar For Sale Nearby
FAQs
What type of property is this?
Golf course & driving range - 18-hole golf course and banquet facility on 120+ acres.
Where is this golf course & driving range located?
The property is located at 201 Lane Harveys Milton, PA.
What is the asking price?
The asking price for this property is $2,800,000.
What are key features of this property?
This property features: 18‑hole golf course on 120+ acres; Banquet facility with 200+ guest capacity and patio; Includes two liquor licenses