Foxburg Riverstone Golf

The Riverstone Estate Foxburg, PA

Randy Jelliff
(c) 570-971-6901
info@HistoricWaterfrontEstate.com

Potential Golf resort development data

Golf course laid out on property

3 Phase electric run thruout complex. Completely operational. Infrastructure valued at ~$2M.

In the 1960’s the Fox family who had owned the land since 1796 decided to sell the estate. A group of local businessmen purchased it with the intentions of making it into a very special golf course destination retreat. The Foxburg Country Club was by then being nationally recognized.

They developed a 36 hole course over the next several years and installed three-phase electric power underground to facilitate the development plans. The electric is still in place and functional.

Eventually the development was not completed, probably because they were undercapitalized and the estate was sold to a local lumber company who held it for many years. Dr. & Mrs. Arthur Steffee purchased the estate in the late 1980’s and began their 30 year restoration projects.

The estate certainly still has major golf course development potential especially with the expensive three-phase electric in place underground which is estimated to cost over a million dollars today.

Click here for zoomable PDF of this diagram.

 

    United Country - Jelliff Auction & Realty 95 Longbow Lane Tioga, PA 16946
    Edgar "Randy" Jelliff Licensed Real Estate Broker (PA & NY)
    (o) 570-835-4214
    randy@jelliffauctions.com
    http://www.NY-PARealEstate.com


    Copyright © 2019 Jelliff Auction Group ~ Tioga Pennsylvania Real Estate. Each office independently owned and operated. The Information provided herein is deemed accurate, but subject to errors, omissions, price changes, prior sale or withdrawal. United Country does not guarantee or is anyway responsible for the accuracy or completeness of information, and provides said information without warranties of any kind. Please verify all facts.