Aerial photo showing Wequassett Resort and Golf Club's pool and restaurant area.

Harwich's Wequassett Resort and Golf Club is seen in this undated handout photo. Photo courtesy of EOS Investments

A New York City-based investment firm has purchased a large, century-old luxury resort overlooking Pleasant Bay in Harwich for $102 million.

EOS Investors announced its purchase of the Wequassett Resort and Golf Club Wednesday. Wells Fargo provided a $92 million mortgage for the sale, public records show. The 27-acre property was assessed at $33.25 million, town records show, and was last sold in 1977.

In a separate transaction, an LLC controlled by EOS that was also used in the resort purchase paid $3 million for a neighboring residential property at 4 Cove Landing. The property was also owned by the resort’s owner, a Boston-registered LLP.

The resort features 120 rooms, four restaurants including an outdoor pool bar, tennis courts and guest access to the famous, 18-hole Cape Cod National course. The resort also offers guests boat and stand-up paddleboard rentals, fishing charters and other activities.

In its announcement, EOS said the Wequassett Resort brings its total portfolio of drive-to resorts in New England to 17 following its acquisition of Red Jacket Resorts last year. The portfolio covers over 1,000 rooms, more than 20 restaurants and bars and generates $125 million in annual revenue, the company said.

“We are excited to continue one of New England’s most special hospitality legacies with an investment in Wequassett. Wequassett is an irreplaceable resort, offering world-class experiences and exceptional service in a pristine, coastal destination. We are honored to add the beautiful and historic property to our drive-to resort collection,” Tom Burns, managing director at EOS Investors, said in a statement.

Investment Firm Drops $102M on Harwich Resort

by James Sanna time to read: 1 min
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