Terms of the deal that closed Thursday were not disclosed.

First opened in 1961, the club’s ownership had been shopping the property for a while, but wanted to make sure the course would be preserved, insiders say.

Northwind, one of Long Island’s prolific multifamily home builders, has applied to the Town of Huntington for a change of zone from 1-acre residential to residential open-space cluster district, a special zoning enacted by the town in 2010 to allow for maximum preservation of open space by clustering homes.

Current as-of-right zoning of the country club property located off Route 25A allows 103 single-family homes on 1-acre lots. But Northwind Principal Jim Tsunis said his proposal, dubbed The Preserve at Indian Hills, includes preserving 120 acres of the golf course in perpetuity.

“We think it’s a spectacular golf course,” Tsunis said. “Our land-use plan spreads the townhome community into three separate areas.”

Fearing that plans to build housing on golf courses could erode precious open space, Huntington followed a two-year-long building moratorium on golf courses in 2008 and 2009 with the new open-space cluster zoning. The new code allows for at least 70 percent of the property to be preserved as open space in perpetuity.

It allows for housing in 35-foot-high buildings, which can go up to 50 feet high with planning board approval. Recreational uses allowed with the zoning include golf courses, tennis courts and pools.

Northwind is currently building other multifamily communities in Port Jefferson, Eastport and Bayport.

Tsunis said that Indian Hills will remain a private country club.

“This townhome community on the golf course will be like no other golf course community on Long Island,” he said.