The $18 Million Question: What Happened To Woodlake Country Club In Lakewood, NJ?
Contents
The Definitive Timeline: Closure and $18 Million Acquisition
The history of the Woodlake Country Club in Lakewood, New Jersey, is a classic example of a golf course succumbing to real estate pressure and changing demographics. The course, known for its challenging layout and proximity to the Jersey Shore, was a fixture in the region for years.- Ownership: Prior to its closure, the club was owned and operated by the Matrix Development Group.
- Temporary Closure: The club initially announced a temporary closure due to a reported decline in popularity.
- Official Closure (2018): The Woodlake Country Club golf course in Lakewood, NJ, officially closed for business in 2018.
- The Sale Contract: Following its closure, the property entered into contract for sale. The buyer was identified as Beth Medrash Govoha (BMG), the prominent Jewish college in Lakewood.
- Final Acquisition Price: Beth Medrash Govoha closed on the deal, purchasing the defunct 150-acre Woodlake golf course property for a reported $18 million.
- Location: The property is located off New Hampshire Avenue in Lakewood Township, Ocean County, NJ.
Future Plans for the 150-Acre Woodlake Property
The immediate future of the 150-acre tract is centered around the expansion needs of its new owner, Beth Medrash Govoha. The college, which has experienced significant growth, has been actively seeking space for new facilities, including educational buildings, dormitories, and administrative offices. The purchase of the Woodlake land provides a substantial opportunity for this expansion. The acquisition is part of a broader trend where golf courses, facing economic headwinds and high maintenance costs, are sold to developers or institutions looking for large parcels of land. In the case of Lakewood, the land is strategically located to support the college's growing infrastructure needs. While specific, approved development plans are still evolving and subject to local zoning and planning board approvals, the intention behind the BMG Woodlake sale is clear: to repurpose the land from recreational use into an institutional and possibly residential complex to support the college community. This move aligns with the rapid development and population growth characteristic of Lakewood Township. The transition of the former Woodlake golf course from green space to a developed campus is a key indicator of the area's changing real estate landscape. The surrounding residential area, known as the Woodlake Country Club neighborhood, continues to feature midsize, reasonably priced homes. Residents in this area, which includes streets like Woodlake Manor Drive, are now watching closely as the former golf course views transform into a new institutional campus. The shift will undoubtedly impact local traffic, infrastructure, and property values in the immediate vicinity of the New Hampshire Ave corridor.Clearing the Confusion: The Other Woodlake Country Club
A common point of confusion for those searching for the status of "Woodlake Country Club" is the existence of a *completely different* and actively developing property with the same name, located far from New Jersey. This distinction is crucial for understanding the current state of the name "Woodlake Country Club." The Woodlake Country Club that is currently open, undergoing massive renovations, and actively selling new homes is located in Vass, North Carolina.Woodlake Country Club, Vass, NC: An Active Development
Unlike its defunct counterpart in New Jersey, the North Carolina Woodlake is experiencing a major resurgence.- Current Status: The NC club is actively unveiling a phased opening and a comprehensive Master Development Plan after undergoing two years of significant redevelopment.
- New Ownership: In 2021, local investor Atlantic National Capital secured the Woodlake community, including the golf courses, lake, and undeveloped real estate.
- Amenities & Development: The master plan includes new amenities, a Marina development with rental boat slips, and new homes for sale by builders like Ascot Homes and Caruso Homes.
- Management: Bobby Jones Links was tapped to relaunch and manage the club, focusing on resort-style amenities and a revitalized golf experience.
The End of an Era for Lakewood Golf
The permanent closure of Woodlake Country Club in 2018, followed by the significant $18 million sale to BMG, represents a pivotal moment in Lakewood Township's history. It underscores the intense demand for land in the Northern Ocean County region. The property's transition from a recreational green space to a site for institutional expansion is a clear reflection of the area's rapid growth and changing priorities. For golf enthusiasts, the closure reduced the options for public play, leaving the area with fewer accessible courses. The former Woodlake Country Club now serves as a landmark for a major real estate shift, where a defunct golf course is transformed into a vital asset for community expansion. The legacy of the club lives on in the surrounding residential community, but its future lies entirely in the hands of its new institutional owners and their ambitious development plans.
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