Cypress Bay Golf Club has been sold to a housing developer, and the course is scheduled to shut down at the end of February for apparent redevelopment.
Mungo Homes, which is based in Columbia and has a pair of existing developments on the Grand Strand, has purchased the course.
Gene Blanton, three-year general manager at Cypress Bay, said the 6,500-yard Russell Breeden design that opened in 1972 will remain open until March 1.
“The course has been sold to a developer,” Blanton said. “They were ready to close it down now, but in order to treat our customers and employees right . . . we wanted [the employees] to be able to make arrangements to apply at other places.”
Officials from Mungo homes could not be reached Thursday for comment.
Non-golfers will know Cypress Bay as the course with an attractive par-3 green along U.S. 17 South in Little River with a water fountain in a pond fronting the green.
It is on the low end of green fees in the Myrtle Beach golf market, and the course’s greens, fairways and tee boxes have been overseeded to keep them green this winter.
“The course is in the best shape it’s been since we’ve been here and we’ll keep it that way until we close,” said Blanton, who expects to move to the 27-hole Wild Wing Plantation in a position to be determined, as the two courses have common owners that include Grand Strand residents Ralph Teal and Gilford Edwards.
Their group purchased Cypress Bay a few years ago from a group of local investors who acquired it in the mid-2000s and submitted a redevelopment plan in 2006 to Horry County that never came to fruition following the housing market crash.
The golf course is zoned as a planned development district (PDD), and there is already housing and condominiums around several holes.
Mungo Homes is traditionally a single-family home builder based on its developments throughout the state. Its Strand properties are Chandler’s Run on SC 905, featuring homes from $130,000, and Clear Pond in the west Carolina Forest area featuring homes from $150,000 to $275,000.
Cypress Bay will be the first full 18-hole course to close for planned redevelopment since 2007. Approximately 20 18-hole equivalent courses closed between 2005 and 2007 for planned redevelopment, and many remain undeveloped, including the former 54-hole Bay Tree Plantation a few miles from Cypress Bay on S.C. 9.
Contact ALAN BLONDIN at 626-0284.