Kingsmill Resort has a new owner.
The AAA Four Diamond golf course was acquired by Escalante Golf, Inc., from Xantara Kingsmill, LLC., according to a press release from Esclante and a deed filed Wednesday in Williamsburg/James City County Circuit Court.
“Kingsmill Resort is one of the most iconic resorts on the east coast, started more than 45 years ago by the Anheuser-Busch Company,” said David McDonald, President of Escalante Golf, Inc., in the release.
“It has hosted some of the best-known names in golf, including the PGA Tour’s Michelob Championship from 1981 to 2002 and now the LPGA’s Kingsmill Championship,” he added. “It is a vibrant community with more than 2,400 home sites and has hosted presidents and dignitaries since it opened almost a half century ago. It is truly a special place with a revered history.”
The LPGA Kingsmill Championship is scheduled to take place between May 15 and 21, according to the LPGA tour schedule.
In May 2015, Xanterra announced in an email to Club at Kingsmill members it intended to list the resort for sale.
According to the email from Wayne Nooe, the resort’s general manager and vice president of sports and club operations, the sale would not affect any services or amenities at the club.
“[The] purchaser would acquire title to the Resort subject to the terms and conditions of the existing Membership Plan, the related Rules and Regulations, and that Membership Agreement between you and Xanterra then in effect,” Nooe wrote.
Kingsmill and Escalante did not return calls regarding the sale Wednesday.
Xanterra has owned the resort since 2010, when the company purchased the property from Busch Properties.
“Founded in 1991, Escalante Golf is a boutique owner and operator of luxury golf properties across nine states,” stated Escalante’s release. “The Fort Worth, Texas-based company has quietly assembled an impressive collection of exclusive clubs in key markets that have hosted several prestigious amateur and professional golf tournaments.”
Kingsmill hosts three championship golf courses, condominiums, conference center, 15 tennis courts, four on-site restaurants, a three-pool and lazy river complex, a fitness center, full-service marina, and a spa with eight therapy rooms and hair and nail salon, according to the release.