Tuesday, March 22, 2022

Rivers Edge Golf Course Sale Closes: Improvements Planned

             As the first days of Spring 2022 brought sunshine and rising temperatures, a new owner announced  March 21 it had closed on the purchase of the Rivers Edge Golf Course off Mt. Washington Drive in Bend.
            The news comes after a coalition of homeowners and a homeowners association had filed lawsuits in 2021 to prevent development of the 18-hole course for nearly 400 housing units by prominent Bend-based developer and homebuilder Pahlisch Homes.
            Then golf course owner Wayne Purcell subsequently reached a settlement with the plaintiffs, pulling back from an earlier April of 2021 announcement of his plans to sell to to Pahlisch. Instead the longtime Rivers Edge owner said in late October he would sell the course to the plaintiffs for $500,000, giving the prospective buyers 120 days to complete due diligence and close on the 141- acre property.
            Title to the property is now recorded in the name of River’s Edge Community Master Association, which was created with four participating homeowners associations including Rivers Edge Owners Association, Upper Rivers Edge Owners Association, Majestic Ridge Homeowners Association and the Point Owners Association.
            In announcing the sale, master association president Jeff Kramer, said the course would remain open to the public, and that work would begin to improve the course condition and upgrade the clubhouse restaurant.

Earlier posts:

Homeowners play a good round at Rivers Edge course

Trading golf for homes: Rivers Edge proposal raises future housng issues