who owns frederica golf club

Your browser is unsupported. How do points work in the official World Golf Ranking? not to mention some great fishing!. The private club has approximately 100 members, including about 30 who joined recently under a new deal in which the initiation fee was waived. Interiors, views, layout, and decor will vary by cottage. Price range of home sites: $295,000-$2,500,000, Price range of homes: $900,000s to $6,750,000, More information: fredericaliving.com or 912.634.1500. Letters from David - A slice of island life from the monthly Publisher's Letters of Elegant Island Living Publisher David Butler. Located on Bigwin Island in the Lake of Bays, Muskoka, Ontario, the Inn has played host to the rich and famous over the decades.10 Jun 2017. 366 following. The lawsuit accuses the defendants of failing to make payments per a purchase agreement. By Rex Hoggard. Your second home is the key to 14,000 others. A course of this stature is a challenge and professional caddies are available to assist you in navigating the course. Saint Simons Island, Georgia. 10. . Huizenga also owns the Diamond Creek Golf Club in North Carolina. Spend your next coastal getaway living the life of leisure at the incomparable Frederica! The island also has outstanding instructors (headed by nationally ranked Todd Anderson, Jack Lumpkin and Mike Shannon) and sports psychologists . This breathtaking locale is less than an hour and a half drive from Atlanta, Augusta, Athens, and Macon, providing a perfect spot for a weekend or summer getaway. This Tom Fazio designed course is unlike any that you have experienced. Quintero Golf Club Peoria, AZ. BELLEAIR, Fla. - The first tournament held at the majorly overhauled, ultra-exclusive Pelican Golf Club was a member-member event won by two women. In 2017, Austin joined the PGA and accepted a full time position at the The Ford Plantation as Lead Assistant Golf Professional. The average home price, Brown says, is $3 million, with most residences under $10 million.1 Jan 2008. He was two shots clear of many of the games best players and all looked right in his world. The Club at Hillbrook, a private 50-acre estate, is located minutes from downtown Chagrin Falls, Ohio at the end of a picturesque country road. 13 reviews of Frederick Golf Club "This course the only course that my busted 35 handicap ass can play. The Red Maple Cottages offer five richly appointed cottages, each reflects a different facet of our community. 5.0. THIRDHOME members pay a resort fee to Frederica Golf Club of $500 per week or $35 per person, per day which includes full access to the clubhouse, dining, boathouse, pool, tennis and fitness center. Plantation at Sea Island Golf Club. What is the longest short golf course in Florida? Amazing service and world class staff. There is are so many great properties to choose from, sprawling golf course houses, beach condos and resort rentals. St Simons Island, Georgia. . Moreover, the beach and ocean are just minutes away! Nearby developments include: Coastal Club Apartments, The Enclave, Legacy Apartments, Lanier Landing Apartments, Sam's Club, Home Depot, Hobby Lobby, Academy Sports, Home Goods, Panera, Chick-fil-a, Cheddars, Chipotle, and many more. Frederica is a veritable playground for several PGA Touring professionals. H_9Z?_#f0ApB{XPM|\('^?jCNu1}6)$F?ZvI%/yAm2hc>h p K~^%3_@"s5UP*]oA5f&"3Z.O[ /Z}Mwvco.Ll.;pp^iZ)[j. Author: golficity.com Published Date: 05/31/2022 Review: 4.34 (366 vote) Summary: Good Good Golf, a company founded by Garrett Clark, Matt Scharff, Stephen Castaneda, Micah 'Tig' Morris, and Tom 'Bubbie' Broders has become a national icon for the golf industry Matching search results: From filming 1 v 5 scrambles to epic match play challenges, the Good Good squad has anything and . Frederica Golf Club - Four Bedroom Luxury Cottages. The two-day event, formerly known as "The Carmel Cup," had been played at Pebble Beach in . stream 150 Frederica Stables Drive St. Simons Island, GA 31522, (912) 634-1500 Get Directions Obtain the Property Report required by federal law and read it before signing anything. to analyze your swing, weight distribution and ball contact.Learn about our Golf Learning Center, The tabby and timber frame Boathouse is built in the Adirondack style, blending timeless elegance with rustic charm. Simons Island, Sea Island, and Jekyll Island. How to care for white leather golf shoes? We shouldnt even be telling you this since, by sheer definition, one of the reasons that Frederica is so magical is because it has somehow managed to stay off o/f the well-beaten path. River & Deepwater: $150 per hour, 4 hour minimum For details on tee time availability, contact the course directly, or explore availability at nearby courses. Fishing equipment: $20 per person per day. Tee times in this area. Kaufman Development Group and its principals have in depth experience across many industries including Real Estate, Manufacturing, Hospitality, Food Service, Marketing, Private Equity Financing, and more. A Conversation With Scott Fedisin From Frederica Golf Club 4, No. Find out what works well at Frederica Golf Club from the people who know best. Each piece of dcor reflects a different facet of the Frederica community: golf, equestrian, Lowcountry, and beachside elegance are all reflected, each with a unique appeal. The company employs six full-time staffers and expands to 40 to 45 total employees during the high season, the beginning of May through September. Plan your meals around your stay, your mood, or wherever the day takes you. Frederica is an upscale private neighborhood attracting interest because of its sprawling lot size and appreciation of nature. The Flavors of Sea Island. What are the different types of golf rangefinders? What's new in the USGA's latest rules of golf? At Augusta National Golf Club, site of this week's Masters, the most coveted viewing area is not only open to the public, but it's also organized and governed by the patrons themselves. Miami-based Platinum Luxury Auctions is managing the sale in cooperation with listing broker Al Brown of the. Fax: (912) 634-9529. The greens are rock hard and sometimes you will have to putt around a bald spot. Frederica Golf Club prepares Tour pros for Augusta National. Find Terns Landing homes for sale near Ocean Pines, MD like a real estate agent! Until Sunday in Augusta, Woods had never won a major coming from behind. The 3,000 acre property encompasses 400 acres of man-made freshwater lake stocked with trophy bass. The Wick is a shared work space that offers tenants the privacy of individual office spaces with the amenities of larger office buildings. The regular monthly fee of $350 is also reduced to $150.12 Jun 2015, Begun in 1915 and opened in 1920, the famous Bigwin Inn was once the largest and most luxurious resort in North America. Pelican Golf Club, where Fred Ridley is a member, put in a bid to host an LPGA event before the course even opened. The 18-hole Frederica Golf Club in Saint Simons Island, GA is a private/community golf course that opened in 2005. The Annual Membership requires a one-time initiation fee of $42,800.00, and annual dues of $24,824 (inclusive of tax). *Please note that the photos included herein are representative of Frederica Golf Club Luxury Cottages and may not be the actual unit you are reserving. The resort will host the PGA Tour's McGladrey Classic Oct. 7-10; the next day Sea Island Co. will be sold. 100 Pike's Bluff Dr. Saint Simons Island, Georgia 31522. Before proceeding, please re-enable cookies or add . A central park serves as an open-air venue for festivals, antique shows, and other events. Austin was awarded the 2018 Georgia PGA Growth of the Game Award & the 2019 Georgia PGA East Chapter Assistant Professional of the year. How many holes are there on the Wynn pro shop golf course? Cash is NOT an accepted form of payment. The purchase price and terms were not disclosed. East Beach (20 minutes) - This pristine and sandy beach is great for swimming, boating, or just relaxing in the sun. Elegant Forbes Five-Star restaurant. The Clubhouse also provides access to mens and womens locker rooms, both providing quality amenities such as steam rooms and well-furnished vanities to freshen up after a round. INDOOR GOLF GREENFEE GOLFOPHOLD Fredericia Golf Club lige nu: Vinterbanen er ben - tidsbestilling p GolfBox Banen er LUKKET for krsel i buggy og for krsel med egne monobuggys, lbehjul mm. The teaching area and practice facility are second-to-none, especially the short-game area. __[#image: /photos/55ad7326add713143b424a0f]|||Frederica_5.jpg|||"We are excited about the opportunities that Frederica presents," said Wayne Huizenga. Frederica opened in 2005 and is the younger sister to Ocean Forest, the course that opened ten years earlier and changed the direction of Sea Island. Please review the golf course initiation fee and amenities below. 30 Pikes Bluff Ln , Saint Simons Island , , 31522-5512. Frederica, One of the Best Kept Secrets of the Golden Isles. endobj A set of Standards and Design guidelines govern the growth of the community and are designed to preserve and enhance the natural environment, native forest and wildlife. Ocean Course at Hokuala Lihue, HI. The nearly 3000-acre Frederica community sets the stage for carefree living, offering days brimming with outdoor luxury, beauty, and most importantly, golf. 449 What happens when you have 2 vision plans? Peak rate: $600-plus ($325 green fee at Seaside and $235 green fee at Plantation and $230 at Retreat plus a stay at the resort). Now, Golf World has learned, Huizenga's break from golf will be brief. Frederica is a fisherman's paradise with lakes stuffed full of trophy bass and the most impressive boathouse we . What time does the Players Championship start on Sunday? The world-renowned Frederica Golf Club is just across the lake from the property. Guests of The Inn can enjoy complimentary vehicles on a first-come, first-served basis. Frederica features a 400-acre fresh water lake, 400 home sites, interconnected waterways, tennis courts and horse stables, as well as a six-year-old Tom Fazio/Sir Michael Bonallack golf. How do you reserve parking at Yankee Stadium. And the nearby fire pits are a great place to end the day with family and friends, making smores and recounting the day's events.Experience Amenities. Private Courses. From the moment you enter the gate at Frederica, your line of sight is filled with gorgeous vistas of natural pine forest, stately live oaks, and the very pinnacle of beautiful golf courses. The Stables at Frederica (5 minutes) - Georgia's premier esquestrian facilities. Huizenga Bought Frederica. 9 when his approach sailed the green, a double at 10 when his chipping deserted him, a bogey at 12 when his tee shot came up short. Cottage cart: Standard - $200 per week, 6 seat cart - $300 per week In addition to golf, Frederica offers the chance to experience plenty of outdoor entertainment. 0'6|?-aE( ^uX*!ASf!0 ZDfG3I>03*T3_#0LX;_-V {g#2vvr6T x9 Q+6-&kN_q1nb*gq/#jVY]ddendstream The living spaces of the cottage feature soaring ceilings in the living and dining room with beautiful wood paneling walls and ceilings. In 2016 Hurricane Matthew hit the Southeastern U.S. with strong winds and overwhelming rain. %PDF-1.4 4.0740666667. golf, tennis, swimming, fitness, boating, fishing and social facilities. Having Huizenga and Kohler involved--two trusted golf enthusiasts--can't be a bad thing. This spectacular development property boasts over 640 acres on over 3.5 miles of shoreline on the Northeast section of Lake Sinclair, just minutes south of Lake Oconee. Filing 6 MOTION for Leave to Appear Pro Hac Vice Fee Amount $200, by Frederica Cottages, LLC, Frederica Golf Club, LLC, Lawrence Road, LLC. Request more information and join our mailing list. One course affected by this devastating storm was Frederica Golf Club in St. Simon's Island, Ga.. Start training like a proand never look back. Through our world class facilities and staff, we are able to provide outstanding service for our members and their guests. From the moment that you enter the tabby front gates, you will be immersed in the captivating grandeur that is Frederica Golf Club. Billionaire businessman and former Miami Dolphins majority owner Wayne Huizenga has purchased Frederica Club, an exclusive golf club developed by the Sea Island Co. Who bought Sea Island? A golf geek could sit there for hours and hours and hours and never get bored. In the heart of Glynn County, Georgia, this prime 18.2 acre development property is located on the corner of Golden Isles Parkway and Walker Road, within a mile east of I-95 and central to numerous multi-family and major commercial developments. Prospective owners must also apply for Sea Island Club membership, pay a $150,000 deposit and annual dues that range from a $12,000, all-inclusive package, to lower tiers for social, golf and/or tennis packages. Instead, Golf World has learned Kohler will purchase a parcel of undeveloped property adjacent to Frederica, known as Cannon Point, which was also deeded back to Wells Fargo. you will be immersed in the captivating grandeur that is Frederica Golf Club. There were 13 homes at Frederica when Huizenga Holdings began development of the property in early 2011. Frederica Golf Club is hosting the inaugural Frederica Cup, a 54-hole collegiate golf tournament, on September 7-8, 2022. <> Kohler did not return calls seeking comment, but speculation is he wants to build his own resort there, including at least one golf course. Though there was no extensive damage to the club structures, the course lost more than 200 trees on and around the golf course and community. The kitchenette is perfect for a simple meal with a butlers pantry that will allow for catering for a special event. All food and beverage charges will be subject to current sales tax and 20% service gratuity. After dinner, head to the screened-in terrace and gather around the outdoor fireplace, enjoying the last remnants of daylight as the sun sinks low in the sky. Well, I'm chomping on this gum because I usually get hungry, I keep eating so much, and it curbs my appetite a little bit, which is nice, Woods said. As a graduate of Stetson University, he was a four-year member of the men's golf team. 2020 Frederica Living. A highly exclusive golf club located on St. Simons Island, GA. Home to PGA Tour Winners and The. Interest in Frederica can be attributed to a number of different things. (Attachments: #1 Certificate of Good Standing in NDGA)(Knapp, Halsey) (Additional attachment(s) added on 4/11/2022: #2 Statement Regarding Prior Cases . The Frederica Boathouse gives guests access to boats and canoes, perfect for a sunset cocktail cruise or casting a line. This place is absolutely incredible! Tradition Golf Club (CA) . Frederica Golf Club offers six four-bedroom cottages near the Clubhouse for member and guest accommodations. Shop Now. You can drive onto each of the islands in the Golden Isles except Little St. Simons Island, which is accessible by their private boat from the Hampton River Marina for overnight and day-trip guests. None is more distressed than Sea Island, an 82-year-old hideaway in St. Simons Island, Ga., that includes two luxury hotels (The Cloister and The Lodge), two affluent private golf communities and four golf courses. The incredible quality of life offered by Frederica is only enhanced by the magical surroundings. Gain access to all Terns Landing MLS listings in Ocean Pines, Maryland Frederica Golf Club. We are a private golf club dedicated to creating an unmatched golf and club experience. What does a private golf course mean? Every morning when the gates open at 8 a.m. and fans https://golfweek.usatoday.com/2010/10/08/billionaire-huizenga-buys-frederica-resort/, Mexico, Caribbean, Atlantic islands, Central America, Top 50 Classic Courses in Great Britain & Ireland, Top 50 Modern Courses in Great Britain & Ireland, before Sea Island filed for bankruptcy protection, Your California Privacy Rights/Privacy Policy. He attended Florida State University where he graduated with a degree in Business and Professional Golf Management. An exclusive golf club located on SSI. All members of your party must be registered in your room rental reservation before having access to the WaterSound Beach Club. You can now take a boat from the Frederica Boathouse all the way to the Frederica Stables. "We have tremendous respect for the high-quality planning and development work that has already taken place and for the special group of property owners and members who already call Frederica their home. At a private golf course, non-members are typically allowed to play only at the invitation of members. Frederica Golf Club (GA) Whistling Straits (WI) Cabot Cliffs (NS, CAN) Prairie Dunes Country Club (KS) The Olympic Club. Membership includes privileges for primary member, spouses, and dependent children under the age of 24. The complaint pursues claims against Frederica Cottages LLC, Frederica Golf Club LLC and Lawrence Road LLC. Recently completed, this stunning home is perfectly situated with panoramic deep water and marsh views on 1.73 acres. A beautiful porch adorned in tabby walls overlooks the first fairway, Frederica Lake and Boathouse beyond. Fazio said he will be starting over with the Gary Player-designed golf course in the spring. This majestic setting serves as the backdrop for five four-bedroom, 2800 square foot luxury golf cottages, constructed and furnished with unsurpassed quality and offering wonderful proximity to the Frederica Golf Clubhouse and the rest of St. Simons. Red Maple Cottages feature open living spaces, comfortable gathering, reclaimed beam ceilings and floors, generous kitchens with custom cabinetry and top of the line appliances and screened terraces with outdoor fireplaces. . If youre a tennis lover, make sure you take advantage of the state of the art Har-Tru courts for a game or two. Saint Simons Island Fishing Pier (25 minutes) - Cast a line off the pier and hope to catch a big one! Website: www.fredericagolfclub.com. How much money will Rahm Rahm win the PGA Tour Mexico Championship? The staff and the congenial membership make Frederica right for our family. Frederica, perhaps one of the remaining best kept secrets of the Golden Isles, is a premier private club and community on the north end of St. Simons Island. Mr. and Mrs. Huizenga have left no stone untouched. Home to PGA Winners & The Learning Center (TLC) led by @jacksonkgolf. SouthEast Adventure Outfitters (15 minutes) - Explore your way through the Golden Isles of coastal Georgia with this amazing kayaking outfitter. Through our world class facilities and staff, we are able to provide outstanding service for our members and their guests. St. Simons Lighthouse & Museum (25 minutes) - Learn about the history of this stunning lighthouse. Professional golf and tennis lessons: Rates available through concierge. Dylan is a three-time qualifier for the PGA Professional Championship playing most recently in 2019 Championship at Belfair in Bluffton, SC. He's the person responsible for handing out invitations to the Royal Box, where Kate and Meghan sit when they attend the oldest major championship in tennis. While Glen Kernan is located in Jacksonville FL, it is just 5 minutes from Ponte Vedra Beach. 31 acres lot. NORMAN The Oklahoma men's golf team is set to open its 2022-23 campaign at the Frederica Cup this week in St . I can only describe the course as spectacular. Write Review. 1. Famous for its magnificent location on Georgia's coast, Frederica is home to one of the Southeast's most prestigious golf clubs. Fort Frederica National Monument (5 minutes) - Explore the archeological remains of this incredible British colonial village and fort! To navigate, press the arrow keys. Frederica Golf Club offers several membership categories for property owning members. The cottages present a comfortable retreat for members and guests when they come to visit or while their Frederica homes are under construction. Designed by Tom Fazio, this course is characterized by rolling hills, massive oak trees, and natural finery, giving players a unique experience on each and every hole. Frederica Golf Club. While you do not need to be famous to purchase St. Simons Island real estate, it is fun to know those who have. For more on Sea Island, including a lunch I had with Bill Jones III, check back on Friday. When not satisfying the golf needs of members and guests, Daren enjoys spending time with his two daughters. As for portions of Sea Island that were returned to Wells Fargo Bank last November, two familiar titans have emerged as probable buyers: Wayne Huizenga and Herb Kohler. Through our world class facilities and staff, we are able to provide outstanding service for our members and their guests. The Future of financially beleaguered Sea Island Co. is still uncertain, but federal regulators are preparing for an auction Oct. 11 in Atlanta at which the property is expected to sell for at least $197.5 million. Golf rates: Simons Island in 1969, he had no idea it would become a haven for PGA Tour professionals for decades to come. Just a few hours earlier he was leading the tournament, having reached 7 under. Dylan Malafronte, Head Golf Professional: Dylan is a Connecticut native and grew up in Tampa, FL. Equity Membership is available to Fisher Island property owners. Kaufman Development Group is a family company with a diverse portfolio of affiliated businesses and properties across the Southeast and Midwest United States. xSMo1UfJ) ;NbnE#.SEDXsf f3ivwvK /@U9 j320Bb-(,~l`DPA_:2($RRTB+z!CP{! Frederica Golf Club is sprawled across a massive 340-acre site that is set within a private residential community on Lake Frederica, which forms part of the 400 acres of interconnected waterways that traverse the entire property. @RCI#&FWHj8wJ?_|os=>3x^7>z{u4. On7&t!}O7E{WWFth[hVu~H~=.oTvMhnR*4laDTl-jc!=2/\WmCgmMZ(gR 6]_Is]$+KGm}s=EkbZ:U0l^;OQ8myBa %a!5V WVXIA`CpfEU4I`ms[esa Resort. Experience Frederica Golf Club living like never before, with direct golf cart and walking access to the club from this gated 27 home development located adjacent to the Frederica Golf Club practice and learning facilities. endobj Dec 2021 - Present1 year 3 months. This purchase brings together two iconic resorts which collectively have a 186-year tradition of service excellence and marks the return of this historic property to long-term family stewardship and commitment. Frederica is a veritable playground for several PGA Touring professionals. Frederica Golf Club offers six four-bedroom cottages near the Clubhouse for member and guest accommodations. Most of the time, most of the issues I have at tournaments, I lose so much weight, as you all know.. Please contact Frederica Golf Club to learn more about Membership opportunities. The heart of the Frederica community is Frederica Golf Club with its 36,000 square foot elegantly designed Clubhouse and Pub. St. Simons offers a network of interconnected paths, perfect for walking or biking to different parts of the island. DELOACH SOTHEBY'S INTERNATIONAL REALTY. St Simons Island, Georgia, United States. He attended Coastal Carolina University where he graduated with a degree in Business and Professional Golf Management in 2016. But this tiny island community and neighboring Sea Island is now home to approximately a dozen PGA Tour players, including Matt Kuchar, Zach Johnson, Harris English, and Brian Harman. Trump-owned golf courses: - Aberdeen, Scotland - Doonbeg, Ireland - Miami, Florida - Ferry Point, New York - Los Angeles, California - Turnberry, Scotland The BURN180 system takes less than 30 seconds to set up and less than 10 seconds to take downand stores in a carrying bag for effortless transportability. These 27 unique single-family homes will each be designed and built with custom finishes and touches throughout, all while maintaining the natural asthetics of the property including the many breathtaking mature oaks throughout. She's A Beauty. A rustic Italian eatery, a French brasserie, and alfresco oceanfront dining. After a round of golf, the Frederica Clubhouse serves as the elegant social center of the community, where guests can enjoy fine dining and a glass of wine or cocktail. The news here: a U.S.-based architect has work in the U.S. USE OF AND/OR REGISTRATION ON ANY PORTION OF THIS SITE CONSTITUTES ACCEPTANCE OF OURVISITOR AGREEMENT(UPDATED 1/6/23),PRIVACY AND COOKIES NOTICE(UPDATED 1/4/23) ANDCALIFORNIA PRIVACY NOTICE. Sep 7, 2022 to Sep 8, 2022. Frederica Golf Club - St Simons Island - Best Golf Courses in Georgia - Best Golf Club Real Estate Golf Club Lifestyle About Connect (912) 634-1500 Club Cottages For member use, or for your guests, six elegant Club Cottages are available. Each kitchen features custom cabinetry and state of the art appliances, sure to help you cook every meal to perfection! When did Dylan Henley win his second PGA Tour title? On the Road With Janice - An enlightening and entertaining glimpse of life on (and off) the road with Janice Lamattina as she travels the globe. ADDITIONAL LINKS Begun in 1915 and opened in 1920, the famous Bigwin Inn was once the largest and most luxurious resort in North America. 1 answer. USE OF AND/OR REGISTRATION ON ANY PORTION OF THIS SITE CONSTITUTES ACCEPTANCE OF OURVISITOR AGREEMENT(UPDATED 1/6/23),PRIVACY AND COOKIES NOTICE(UPDATED 1/4/23) ANDCALIFORNIA PRIVACY NOTICE. Frederica's course is designed to accommodate every level of golfer. 6 0 obj AUGUSTA, Ga. Add gum to the Tiger Woods lore. ST. SIMONS ISLAND, Ga. - Billionaire entrpreneur Wayne Huizenga is the new owner of coastal Georgia's Frederica Club, a 2,500-acre golf resort built by the Sea Island Co. Wells Fargo & Co.. Horseback riding experiences that are perfect for equestrians of all ages. The Frederica Cup. Getty Images AUGUSTA, Ga. - Less than 24 hours before making his first trip to the Masters . Jekyll Island (35 minutes) - Visit one of the Golden Isles of Georgia's Barrier Islands! THE MATERIAL ON THIS SITE MAY NOT BE REPRODUCED, DISTRIBUTED, TRANSMITTED, CACHED OR OTHERWISE USED, EXCEPT WITH THE PRIOR WRITTEN PERMISSION OF DISCOVERY GOLF, INC. 2023 DISCOVERY GOLF, INC. ALL RIGHTS RESERVED. We had dinner in the pub after our round and that too was awesome. Billionaire businessman and former Miami Dolphins majority owner Wayne Huizenga has purchased Frederica Club, an exclusive golf club developed by the Sea Island Co. Wells Fargo & Co., which. We recently completed the road and bridges to connect Pikes Bluff Road to Pikes Bluff Drive. Here, this island destination creates a lifestyle, where every luxury is designed to incorporate the areas breathtakingly beautiful natural surroundings and emerge organically from the natural landscape. No federal agency has judged the merits or value, if any, of this property. GOLF DIGEST MAY EARN A PORTION OF SALES FROM PRODUCTS THAT ARE PURCHASED THROUGH OUR SITE AS PART OF OUR AFFILIATE PARTNERSHIPS WITH RETAILERS. This development will capitalize on the natural beauty of Lake Sinclair and the 3.5 miles of untouched shoreline to create a boater's paradise. Although Wells Fargo and Huizenga are keeping the sale price to themselves for now, insiders say Huizenga bought the distressed private community for $40 million; they assume he'll enjoy it for a few years and then sell it for a nice profit.

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