Mt Washington Bretton Woods

SOLD AT AUCTION FOR $10,500,000.

Wednesday, June 22, 2011 at 2:00 pm

Major Foreclosure At Mount Washington Resort
Bretton Woods, New Hampshire

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(2) Golf Courses &
938± Unit Master Planned Development On 517± Acres


Major Foreclosure
AUCTION
(2) Golf Courses &
938± Unit Master Planned Development On 517± Acres
at Mount Washington Resort
Bretton Woods, New Hampshire
Wednesday, June 22nd, 2011 at 2:00 p.m.

SELLING IN THE ENTIRETY

INSPECTION:  By appointment on Wednesday, June 15th from 10:00 a.m. to 2:00 p.m.

Mount Washington Golf Course is a Donald Ross (1915) and Brian Silva (2008) designed, 18-hole course at the base of Mount Washington and the historic Mount Washington Hotel, and recently went through a multi-million dollar renovation.  Adjacent to the course is the 9-hole Mount Pleasant Golf Course.  Total approximate acreage for the two courses is 403±.  Bretton Woods Mount Washington Resort Master Planned Residential Development encompasses some 517± acres of land surrounding (but not including) the Mount Washington Hotel and Bretton Woods Ski Area in multiple tracts of land and planned neighborhoods known as follows:  Dartmouth Brook – 183± acres with a maximum of 199 residential units (fully permitted); Stone Hill Heights – 77± acres with a maximum of 140 residential units; Mount Pleasant – 62± acres with a maximum of 180 residential units; Village Common – 160± acres with a maximum of 419 residential units and 30,000± sq.ft. commercial and Bethlehem Tract – 34± acres with 17 units.

Additional improvements and property include The Rosebrook Center, the Golf & Nordic Center Club House, Stables, etc.  The golf courses and all buildings are currently leased to the operator of the hotel and ski area.

Included by owner auction will be land and rights to four condominium units in Stone Hill condominium, capacity control interest in Resort Waste Services Corp., ownership of Rosebrook Water Company, Inc (subject to PUC approval), and the Alpine Club (subject to lease).

AUCTION LOCATION – Bretton Woods, Town of Carroll, New Hampshire.  To be conducted on Route 302 approximately 3± miles from the Route 3 and Route 302 intersection.  The subject property is located on both sides of Route 302.

INSPECTION:  By appointment on Wednesday, June 15th from 10:00 a.m. to 2:00 p.m.

TERMS:  Buyer Due Diligence through the Auction Company by signing a Confidentiality & Non-Disclosure Agreement for on-line access to all documents and terms regarding the Mortgagee’s & Secured Party Sale. Call Paul McInnis at (603) 964-1301 or via email – paul@paulmcinnis.com.

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Auction Brochure

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