“We are very excited to acquire Carolina Trace Country Club. It is such a beautiful property in one of the most sought after locations between Raleigh and Pinehurst. The two Robert Trent Jones, Sr. courses have hosted several well-known events and have terrific reputations throughout the Mid-Atlantic. The community itself is a gorgeous setting highlighted by the pristine Lake Trace,” said David McDonald, president of Escalante Golf, Inc.
Escalante acquired the club from the members who selected Escalante from other potential suitors. The company will begin an aggressive capital reinvestment project that includes a complete renovation of the Lake Course, a new fitness and workout facility, clubhouse renovation and new landscaping.
Carolina Trace Country Club, which opened in 1972, is the centerpiece of the 1,600 home Carolina Trace Community. The club features two courses designed by acclaimed golf course architect, Robert Trent Jones, Sr., the Lake Course and the Creek Course. The Club also features a swimming pool and fitness center, tennis courts, and a spacious clubhouse with a fully stocked pro shop and various dining options.
“We are planning significant improvements for the club that will add to its stature. Work will begin next spring on a major facelift for the Lake Course. This will include laser leveling and rebuilding all tee boxes, adding length to several holes, reconstructing all bunkers and replacing all cart paths. The end result will be a fantastic golf experience for our members and their guests. We will also make other improvements to the club including a new state of the art fitness facility. We hope to create tremendous excitement within the community and the surrounding area. We are honored to be associated with a Club as celebrated as Carolina Trace Country Club,” continued McDonald.
Hilda Allen of Hilda Allen Real Estate represented the Club in the transaction.
About Escalante Golf
Founded in 1991, Escalante Golf is a boutique owner and operator of luxury golf properties across eight states. The Fort Worth, Texas-based company has quietly assembled an impressive collection of exclusive clubs in key markets that have hosted several prestigious amateur and professional golf tournaments including the U.S. Mid-Amateur Golf Championship, the Charles Schwab Cup, the WGC Match Play Championship and the Shell Houston Open.
Operating partners David McDonald, Elcio Silva, Robert Silva and David Matheson direct the Escalante team from the corporate office in Fort Worth, Texas.
About Carolina Trace:
A mild climate, two Robert Trent Jones golf courses and a full complement of social and recreational activities make this highly acclaimed North Carolina country club community an ideal location for retirement living or an active suburban lifestyle. Lots priced from $15,000 to $300,000, with a selection of prebuilt homes from $150,000 to over $1 million.