Cold Spring Valley
Racquet Club
A third-generation vision to restore a historic clay tennis club into a sovereign, year-round recreational landmark. The investment funds both the procurement of the property and the business model that will operate it — a single equity position in the real estate and the club beneath it.
A club built on family, left to the slow erosion of seasons.
For three generations, this property has belonged to one family. Eight traditional clay tennis courts, a modest clubhouse, and a quiet stretch of land zoned for commercial recreation — once the pride of the local sporting community.
But the model was seasonal. The courts earned their keep through a few warm months, then sat idle. Without year-round revenue, maintenance fell behind, and the family — divided in its priorities — let the facility drift into disrepair. The clay cracked. The clubhouse dimmed. A landmark slowly became a liability.
I am the third generation. I have no vote in what the family decides to do with the land. But I have a vision for what it could become — and I am looking for investors who see the same thing: a historic asset, undervalued and underused, ready to be restored to its original purpose and rebuilt for a modern, year-round market.
From a seasonal outdoor relic to a year-round recreational landmark.
The restoration preserves the club's historic charm and returns it to its original commercial-recreation zoning. The expansion adds the amenities that turn a few months of revenue into twelve — and offers an affordable alternative to the region's expensive private and semi-private country clubs.
Restored Clay Courts
All 8 traditional clay tennis courts restored to their original historic charm and playability — the soul of the club, preserved.
Expanded Parking & Access
A redesigned parking area and access flow so members and guests reach every facility and amenity with ease.
Open-Air Pickleball Pavilion
A covered, open-air structure housing multiple pickleball courts — the fastest-growing racquet sport, monetized year-round.
Indoor Tennis & Conditioning
A modern indoor tennis court paired with a sports weights and conditioning training facility — a true athletic performance hub.
Toggle the operating model.
The historic club earned for a few months and sat idle the rest of the year. The restored facility operates across all four seasons — multiplying Net Operating Income.
Outdoor clay courts alone limit active revenue to the warmer months, leaving the property underutilized for most of the year.
Where the Gold Coast meets the value.
Set directly on the Nassau & Suffolk county line in the heart of Long Island's Gold Coast corridor, the club is surrounded by some of the most affluent North Shore communities — yet offers what the neighboring estate country clubs cannot: a premier private racquet experience at a fraction of the membership cost.
The investor thesis is simple. The surrounding estate owners and North Shore professionals already pay for luxury — but many are not golfers, and those who balk at the six-figure initiation premiums commanded by Oheka and the neighboring country clubs. A restored, year-round racquet club with modern amenities and the same private-club atmosphere captures that demand at a far more accessible price point.
