The groundbreaking for the Cutalong Golf Clubhouse marks the official commencement of a master-planned resort-style new home community located on Lake Anna in Louisa County, VA.
The fully-built development is expected to contribute significantly to Louisa County’s economy, with an estimated annual impact of $6.5 million. This figure includes $5 million from property taxes and over $1.5 million from transient occupancy taxes. Additionally, the project will generate over 200 full-time jobs and 150 construction and skilled trade positions during the development phase.
The property spans 1,000 acres bordering Lake Anna and is poised to become a premier destination in Virginia. The development plan includes 891 residential entitlements, featuring estate homes and homesites, executive homesites, cottages, villas, townhomes, and luxury condominium accommodations.
Cutalong Golf Club, the centerpiece of the community, was designed by Tom Clark and generally is regarded as as one of the top new private courses in Virginia.
“We are incredibly grateful for the overwhelming support we’ve received from the local community and our partners,’’ said Project Director Joe Walsh. “It’s an exciting time as we bring a premier family lakeside resort and private golf community to Lake Anna, enhancing the charm and appeal of this beautiful area. We are committed to delivering an exceptional experience that will not only enrich the lives of our members, their guests and visitors but also contribute positively to the greater Virginia region.”
The project, initially approved in 2005, has seen various ownership changes. Reef Capital Partners acquired the Cutalong property in 2019. As the developer, Reef Capital Partners is committed to delivering the exceptional experience consistent with esteemed portfolio, which includes the Black Desert Resort in Ivins, Utah, and the Marcella community in Park City, Utah, featuring golf courses designed by Tom Weiskopf and Tiger Woods.
Reef Capital Partners Portfolio.
Photos Courtesy of Reef Capital Partners