Myrtle Beach’s Grande Dunes Resort Sold


LStar Management of Raleigh, which is developing the Walnut Creek community in Indian Land, has bought the huge Grande Dunes resort in Myrtle Beach, S.C.

The deal includes the 18-hole golf course, the 25,000-square-foot Ocean Club clubhouse on the ocean, the 10-court Tennis Club facility and a 131-slip marina.

The price of the deal, which was completed last month, wasn’t disclosed.

The deal also includes 770 acres of undeveloped land, which LStar says is prime for additional residential and commercial development.

“Our focus from day one will be to employ a long-term strategy for visionary growth that seeks to increase the value and reputation of the community while providing the finest standards of customer service for our members and guests,” says Kyle Corkum, managing partner at LStar.


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