Home Purchases at The Greenbrier On The Rise in 2011

January 9th, 2012

The Greenbrier Sporting Club announced today that real estate sales at America’s Resort have seen their best year since 2007. The private residential enclave, located at The Greenbrier, sold nearly $34 million in real estate in 2011, consisting of 20 homes and 21 home sites. This buying streak, witnessed by the Sporting Club, has increased every year since Jim Justice purchased both the resort and the real estate development in 2009. “Despite worldwide turmoil and weak economies, The Greenbrier Sporting Club had a banner sales year. We exceeded our budgeted goal by 36%,” said John Klemish, principal and broker in charge at The Greenbrier Sporting Club. “I am very proud of the entire Greenbrier Sporting Club team and am looking forward to an even better 2012.”

The vigorous home and land sales are not the only area setting records at the Sporting Club. Home construction has never once halted at the resort. In fact, there are currently six homes nearing completion, with another eight in review by the community’s Architectural Review Board. Many of the homes being built are nestled in the Sporting Club’s unique mountaintop neighborhoods, The Ridges and Summit Village, which afford expansive vistas of the Alleghenies and the Greenbrier Valley. By the end of 2012 the resort will have surpassed 200 homes completed in The Greenbrier Sporting Club community.

“My dream is beginning to come true. I wanted the world to see the magic of the West Virginia mountains and The Greenbrier. It’s happening. Property values are beginning to rise, the excitement of the PGA TOUR FedExCup golf tournament, the concerts, the elegant one-of-a-kind casino, and now the new medical complex have surely generated massive energy. Along with all this, the rediscovery of The Greenbrier as the perfect place for families makes the houses and properties of The Sporting Club at The Greenbrier a must in your portfolio,” said Jim Justice, chairman and owner of The Greenbrier and The Greenbrier Sporting Club.