Hickory Ridge was sold at a foreclosure auction today. According to Masslive.com, the property was purchased for $1, 000,050.
This is not the first golf course to foreclosed upon in recently. The previous owner of the Northampton Country Club, a nine-hole golf course, was foreclosed upon by the previous owner and mortgage holder for $600,000. Hampden Country Club also sold at auction to a Connecticut Business man for $1.4 million.
In Belchertown, the Cold Spring Golf Course is finally slated to open later this year after a couple of developers were foreclosed upon during construction.
Although not acquired as a result of a foreclosure, but still because of tough economic times, the members of the Holyoke Country Club sold the club for $850,000.