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Bedico Creek Golf & Country Club Purchased by Baton Rouge Developer

Bedico Creek Golf & Country Club will soon become a newly re-developed community near Madisonville in St. Tammany Parish. Ron Lee Homes has built a brand new home in Bedico Creek and is anxiously awaiting the start of the re-development of the subdivision. David Waltemath with Bedico Creek Preserve LLC will be taking over the development of the 937-acre property. Waltemath has developed 2 new subdivisions in Baton Rouge. He entered the real estate market in 2003, and he plans to eliminate the golf course from the subdivision plan. Amenities in Bedico Creek include a privacy-gated entrance, acres of parks and lakes, walking trails, and a 300-plus-acre conservation area that will be developed where the golf course was formerly located. Contact Nancy Lee at Ron Lee Homes for more details on purchasing a new home in Bedico Creek subdivision.

       Bedico Creek Preserve LLC, a development partnership headed by David Waltemath who has developed two residential properties in Baton Rouge, has purchased the 937-acre former Bedico Creek Golf & Country Club near Madisonville.

 

       The property was acquired from the Federal Deposit Insurance Corp. with cash and no bank debt for an undisclosed amount.

 

       Waltemath said in a press release that cleanup and improvements will start immediately and be completed this fall — with no golf course in the residential development.

 

       Economically, here and nationwide, golf courses are losing money and closing, said Waltemath, who previously purchased the Shenandoah golf course in Baton Rouge for conversion into a residential neighborhood called Green Trails at Shenandoah.

 

       Waltemath entered the Baton Rouge market in 2003 as developer of The Highlands of Santa Maria.

 

       Bedico Creek will have a series of neighborhood enclaves with homes priced bedico_creek_lot_121.jpgfrom the high $200,000’s to $1 million-plus. It will feature a privacy-gated entrance, acres of parks and lakes, walking trails within the 200-acre footprint of the abandoned golf course. This is in addition to a 300-plus-acre conservation area that surrounds and protects Bedico Creek.

 

Ron Lee Homes has built a beautiful new home for sale in Bedico Creek.  Click here for more details about this new home for sale, or Contact Ron Lee Homes directly at 985-626-7619 or via e-mail at info@ronleehomes.com.

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