Eastwood Golf Club in Newton Mearns has been purchased for more than the asking price of £750,000.
The Newton Mearns club declared itself insolvent and entered administration in May this year.
Farmland, a new housing estate and a refurbished pay-and-play golf course, were just some of the possible futures envisaged by potential bidders for the Par 70 course, whose club history dates back 1893.
Donald Yellowley, a partner in DM Hall’s Bridge of Allan office who oversaw the marketing process, said: “We were pleasantly surprised by the interest generated throughout the UK by this property even before the marketing process was fully under way.
“The top bidders have secured this long-established golfing establishment set in an attractive heathland location, with highly accessible road connections”.