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Meriwether Companies Acquires Morgan Run Club & Resort in Rancho Santa Fe

7/06/23

Meriwether Companies has acquired Morgan Run Club & Resort in Rancho Santa Fe, one of Southern California's most affluent communities. The resort, formerly known as Whispering Palms, is located at 5690 Cancha De Golf. A price was not given out.

The resort and private club is set amid majestic hills and enjoys near-perfect year-round weather along with a prime location just five miles from the Pacific Ocean and Del Mar Racetrack, about 20 miles north of downtown San Diego. Situated across 200 acres, Morgan Run has long attracted members and guests seeking a variety of outdoor fitness offerings and boutique accommodations.

Meriwether Companies will invest more than $25 mil in a renovation to enhance and reimagine the property, including its racquet sports, golf, dining and hotel components. Design and planning are already underway, and the work will be completed over the next two to three years with minimal disruption to member enjoyment of the property. Meriwether is known for fostering vibrant communities with a deep commitment to innovative outdoor recreation, health and wellness offerings.

Among its amenities, Morgan Run comprises a 27-hole championship golf course featuring its East, North and South course layouts, 320-yard driving range, short game practice facilities, 10 tennis hard courts, four pickleball courts, heated outdoor swimming pool, fitness facility and recreational programming and events. The resort also features a restaurant with indoor/outdoor dining, 17k sf of private event space and 76 hotel rooms.

"We recognized an incredible opportunity to shape the future of what we consider to be a true diamond in the rough, a classic Southern California golf escape with rich history dating back to the 1960s," said David Likins, partner, Meriwether Companies. "We believe there is a gap in the market for a more casual, vibrant and community-oriented club that aligns with the north coastal San Diego market."

The construction will occur in phases, allowing the resort to remain open and providing a seamless transition throughout the refresh. Planned enhancements include: upgrades to the common areas in the dining, banquet and fitness spaces of the clubhouse; converting the existing spa into a communal recovery area; investments in the golf course irrigation, bunkering and re-grassing; construction of a new pool and casual dining outlet; renovation of the racquet sports area including the tennis, pickleball and sports courts; and an improved pool. The hotel will be completely revitalized with upscale exterior and interior room renovations along with new management and operations. Estimated completion for the enhancements is slated for late 2025.





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