1706 Graybrook Lane, New Albany, IN 47150
Local realty services provided by:Schuler Bauer Real Estate ERA Powered



1706 Graybrook Lane,New Albany, IN 47150
$1,350,000
- 65.82 Acres
- Lots / Land
- Active
Listed by:sharon handy
Office:united real estate
MLS#:202506880
Source:IN_SIRA
Price summary
- Price:$1,350,000
About this home
This is your chance to own 65.8± breathtaking acres featuring rolling hills, open green space, and the convenience of downtown. Located in New Albany, Indiana, this prime real estate and includes pro shop, parking lot, outbuildings, and maintenance garages making it a fantastic opportunity for redevelopment or investment. Large open parcels like this, in a downtown area, rarely become available!
The property is currently operated as the Historic New Albany Country Club Golf Course. Rolling hills, captivating views, and scenic park-like setting make this property ideal for multi-use and residential development*
Highlights:
• 65.8 acres of open green space in downtown New Albany.
• Zoned MDR, OS, and FP.
• Potential for partial redevelopment while continuing golf course operations—possibly as an executive course—offering *significant golf course tax benefits.
• Leaseback option available to help reduce buyer's holding costs through lease payments, property maintenance, and special golf course tax credits.
• No option contracts.
• Virtual showings and live spatial-video tours available. Contact Sharon Handy for details.
*Any redevelopment, future use determinations, or zoning/re-zoning approvals are the sole responsibility of the buyer. Outcomes cannot be predicted and are not guaranteed by the seller.
Contact an agent
Home facts
- Listing Id #:202506880
- Added:135 day(s) ago
- Updated:August 12, 2025 at 03:24 PM
Structure and exterior
- Lot area:65.82 Acres
Utilities
- Water:Connected, Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,350,000
- Tax amount:$1,508
New listings near 1706 Graybrook Lane
- New$115,000Active2 beds 1 baths768 sq. ft.
213 W Lewis Street, New Albany, IN 47150
MLS# 2025010315Listed by: DIAMOND KEY REALTORS - Open Sat, 12 to 2pmNew$237,000Active3 beds 2 baths1,869 sq. ft.
2406 Beeler Street, New Albany, IN 47150
MLS# 2025010188Listed by: COVENANT REALTY, LLC - New$210,000Active2 beds 1 baths1,216 sq. ft.
1718 Shelby St, New Albany, IN 47150
MLS# 1695296Listed by: SIX DEGREES REAL ESTATE, LLC - Open Sun, 2 to 4pmNew$195,000Active2 beds 2 baths783 sq. ft.
2304 Jollissaint Avenue, New Albany, IN 47150
MLS# 2025010169Listed by: HOMEPAGE REALTY - New$359,900Active4 beds 4 baths3,642 sq. ft.
1421 Bellemeade Drive, New Albany, IN 47150
MLS# 2025010296Listed by: THE CHRIS FOX REALTY GROUP - New$205,000Active2 beds 1 baths1,229 sq. ft.
921 E 11th Street, New Albany, IN 47150
MLS# 2025010281Listed by: CAPERTON REALTY - New$324,900Active3 beds 3 baths2,656 sq. ft.
1010 Cliffwood Drive, New Albany, IN 47150
MLS# 2025010256Listed by: GREEN TREE REAL ESTATE SERVICES - Open Sun, 2 to 4pmNewListed by ERA$414,900Active3 beds 2 baths1,800 sq. ft.
3075 Bridlewood Lane #Lot 224, New Albany, IN 47150
MLS# 2025010242Listed by: SCHULER BAUER REAL ESTATE SERVICES ERA POWERED (N - New$349,900Active3 beds 3 baths2,842 sq. ft.
3128 Periwinkle Way, New Albany, IN 47150
MLS# 2025010270Listed by: MOSSY OAK PROPERTIES HOOSIER LAND AND FARM - New$205,000Active3 beds 1 baths1,248 sq. ft.
1729 Genung Drive, New Albany, IN 47150
MLS# 2025010226Listed by: GREEN TREE REAL ESTATE SERVICES