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Living the Life: GOLF HOMES |
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Famous Golf Course Designers
A Smart Play for Home Buyers?
by Karen Misuraca
in Mountain Living Magazine
http://www.logandtimberstyle.com
The much-lauded architect of Pacific Dunes on the Oregon coast, Tom
Doak said, "We all know that a golf course raises property values, but
a great golf course raises them more. A select few designers are paid
fees amounting to more than a million dollars, justified by the value
of their reputation toward selling memberships or real estate."
Along with Pete Dye, Tom Fazio and Robert Trent Jones, Jr., Doak's name
ups the asking prices in golf home communities. And even more desirable
to golf-loving home buyers are PGA heroes Jack Nicklaus, Greg Norman
and Tom Weiskopf, among others, who lend their names and their
expertise to course design--topping the leader board with the highest
pay-off is Nicklaus Design. Six Nicklaus courses anchor the sprawling
master-planned community of Desert Mountain in Arizona, while a Golden
Bear course contributes to home values in the millions on the rolling
ranchlands of Roaring Fork Club in Colorado. He shares the spotlight at
Cordillera in Vail with mountain courses designed by Senior PGA Tour
star, Hale Irwin, and Tom Fazio.
Fazio has laid out dozens of courses in residential developments,
including a lush parkland track in the exclusive Santa Lucia Preserve
in Carmel Valley, California, and a secluded course in an old-growth
evergreen forest in the private community of Iron Horse near Glacier
National Park in Montana.
British Open and Senior PGA Tour champ, Tom Weiskopf, helps maximize
investments with his Troon North Pinnacle Course in Scottsdale. Major
draws to fairway home sites in Colorado's Rocky Mountains are his Ridge
at Castle Pines North near Denver, and Catamount Ranch and Club in
Steamboat Springs.
Powerful lures to home buying at Suncadia in Washington are 54 holes of
championship golf featuring the magic wands of PGA legends Arnold
Palmer and Peter Jacobsen, plus Tom Doak's new Tumble Creek on the Cle
Elum River. Are these top guns worth pricier homes and the higher
greens fees and maintenance costs that come with them? At Suncadia,
with 6,300 acres of year-round recreation on the sunny eastern slope of
the Cascades a short drive from Seattle, the unbeatable location and
great golf convinced buyers to snap up more than 650 single-family home
sites during the first two years of offerings and nearly $80 million
worth of luxury condominium homes in The Lodge at Suncadia, scheduled
to open winter 2007-2008.
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