The financial details of the deal have not been disclosed.
The resort is situated on 470 acres of land in the Ozark Mountains within the Mark Twain National Forest in Stone County, Missouri.
It offers 38 lakeside cottages, a clubhouse with a restaurant and scenic views of Table Rock Lake.
It also provides an array of amenities, such as a pool, hot tub, miniature golf course, boat dock, ziplines and hiking trails, among other outdoor amenities.
Bluegreen Vacations chief operating officer and chief financial officer Ray Lopez said: “We are thrilled to expand our presence in the Ozark Mountains with the acquisition of Stonewater Cove Resort. This new addition underscores our commitment to offering our valued owners a diverse range of vacation experiences in some of the most coveted destinations in the country.
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“The acquisition of Stonewater Cove demonstrates the vision of our JV with Bass Pro Shops. We have seen a persistent and strong demand for leisure travel and our strategy is to meet this demand by enhancing our vacation ownership offerings. Stonewater Cove Resort aligns with this vision, providing a unique and luxurious escape for our owners.”
This acquisition comes after Bluegreen Vacations announced the purchase of two properties in the Printers Alley district in Tennessee, US, earlier this year.
Additionally, the company, through its JV with Bass Pro Shops, acquired the Branson Cedars Resort in Missouri in April 2023.
Currently, Bluegreen/Big Cedar Vacation also operates The Cliffs at Long Creek and Wilderness Club at Big Cedars resorts in Ridgedale, as well as Paradise Point in Hollister, Missouri.