A family feud has enabled Henry Luken to acquire his fourth golf property in greater Chattanooga, Tennessee.
At an auction last month, Luken bid $950,000 for Valleybrook Golf & Country Club in Hixson, which features a Chic Adams-designed golf course. The sellers were the children of Carl Drake, one of Valleybrook’s founders, who were reportedly hoping to get $2 million for the 50-year-old property. The Chattanooga Times Free Press reports that a court ordered the sale “to settle a simmering sibling financial dispute that has dragged on for months.”
Luken also owns Eagle Bluff Golf Club in Chattanooga, Montlake Country Club in Soddy-Daisy and Battlefield Golf Club in Ringgold, Georgia. He hopes to close on his purchase of Valleybrook this month and to make improvements to its course and clubhouse as a prelude to taking it private.
