1706 Graybrook Lane, New Albany, IN 47150

Property Description

This is your chance to own 65.8± breathtaking acres featuring rolling hills, open green space, and the convenience of downtown. Located in New Albany, Indiana, this prime real estate and includes pro shop, parking lot, outbuildings, and maintenance garages making it a fantastic opportunity for redevelopment or investment. Large open parcels like this, in a downtown area, rarely become available! The property is currently operated as the Historic New Albany Country Club Golf Course. Rolling hills, captivating views, and scenic park-like setting make this property ideal for multi-use and residential development* Highlights: • 65.8 acres of open green space in downtown New Albany. • Zoned MDR, OS, and FP. • Potential for partial redevelopment while continuing golf course operations—possibly as an executive course—offering *significant golf course tax benefits. • Leaseback option available to help reduce buyer's holding costs through lease payments, property maintenance, and special golf course tax credits. • No option contracts. • Virtual showings and live spatial-video tours available. Contact Sharon Handy for details. *Any redevelopment, future use determinations, or zoning/re-zoning approvals are the sole responsibility of the buyer. Outcomes cannot be predicted and are not guaranteed by the seller.