News Summary
The Beach House Golf & Racquet Club in Myrtle Beach has closed permanently and is now on the market for $700,000, leaving many owners heartbroken. With structural issues and potential repairs costing millions, owners are concerned about the future of the resort. While some owners relinquish their deeds for minimal compensation, there remains uncertainty regarding the board’s communication and the fate of this beloved vacation destination.
Myrtle Beach Timeshare Resort Hits the Market as Guests Say Goodbye
In an unexpected turn of events, the Beach House Golf & Racquet Club located on North Ocean Boulevard in stunning Myrtle Beach is now up for sale, with an asking price of $700,000. Unfortunately, this beloved timeshare resort has closed its doors and is no longer accepting reservations, leaving many owners feeling heartbroken.
What’s Happening?
A statement on the resort’s website indicates that the premises are off-limits due to safety concerns. With all units providing oceanfront views and extended-stay amenities, this resort has been a cherished vacation spot for over 40 years. Spanning a sizable 29,422 square feet, it seems like a prime candidate for both nostalgic memories and potential investment.
A Long-Standing Legacy
Throwing it back to history, Horry County property records show that the last sale of the property happened way back on December 31, 1969, bringing over four decades of memories to the hearts of many. Sadly, the state of the property took a turn last July when structural issues forced its sudden closure, leading to the heartbreaking possibility of a permanent shutdown.
Concerns from Timeshare Owners
In a letter to timeshare owners, the Beach House board hinted at a permanent closure that could dash the hopes of many who have enjoyed their time there. With the estimated cost of repairs sitting around $3 million, it’s clear the financial hurdles are significant. Currently, a disheartening only 20 percent of timeshare owners are in good standing, diligently paying their fees amid the turbulent situation.
Some owners have made the tough decision to turn over their deeds, receiving just $250 for their investment, while others have chosen to transfer their ownership to another hotel. Emotions are running high, especially for long-time owner John Goodwin, who has cherished memories at the Beach House since he was a child. Many are criticising the low offer and expressing how much the resort means to them.
What’s Next?
A vote among the timeshare owners is anticipated soon regarding the potential shutdown process, and owners are worried about the lack of communication from the board. It seems many are left in the dark about the future of their beloved resort.
The management company, Capital Vacations, has not commented on the current situation, leaving many unanswered questions hanging in the salty air of Myrtle Beach.
Other Myrtle Beach News
In a completely separate situation, a couple has filed a lawsuit against a different timeshare in Myrtle Beach, revealing their unfortunate experience with bed bugs during a stay over Fourth of July weekend in 2024. Joseph Kirby and Thuy Truong are claiming negligence against the rental company and owners’ association, seeking damages for financial losses related to their stay, including costs for the hotel, non-refundable expenses, and medical bills due to bed bug bites. The situation escalated with Truong requiring medical treatment involving steroids to treat the bites.
In response to the lawsuit, Marriott Vacations Worldwide stated they’re reinforcing cleaning and maintenance procedures to assure future guest safety, labeling this couple’s experience as an isolated incident.
The Future Is Uncertain
Returning our focus to the Beach House, as its potential buyers and previous guests reflect on cherished memories, the question remains: What does the future hold for this iconic Myrtle Beach timeshare resort? The story continues to unfold, and for many owners, it has become a topic of heartfelt discussion.
Deeper Dive: News & Info About This Topic
HERE Resources
Beach House Golf & Racquet Club Listed for Sale
80-Year-Old Retired Attorney Takes Flight Over Myrtle Beach
Myrtle Beach Couple Takes Legal Action Over Bed Bug Nightmare
Controversial Construction Projects Reshape Horry County by 2025
New Hilton Grand Vacations Hotel to Transform Myrtle Beach’s Oceanfront
Myrtle Beach Council Enhances Security Measures
Hilton Grand Vacations Hotel Construction Begins in Myrtle Beach
Myrtle Beach Resort Closure Leaves Timeshare Owners Facing Uncertain Future
Myrtle Beach Resort Accused of Withholding Payments to Former Employees in Federal Lawsuit
Myrtle Beach Resort Accused of Withholding Commissions to Former Workers, Federal Lawsuit Asserts
Additional Resources
- Myrtle Beach Online
- Wikipedia: Myrtle Beach
- WMBF News
- Google Search: Myrtle Beach timeshare owners
- WPDE
- Encyclopedia Britannica: Myrtle Beach
- My Horry News
- Google News: Myrtle Beach resort news
- 425 Business
