Explainer: Fore! Amazing golf course homes
The 2011 PGA golf season is in full swing, but for many pro golfers every putt is just practice in preparation for the upcoming Master’s Tournament, or the battle for the green jacket. This year, the competition takes place April 4 to 10 at Augusta National Golf Club, the number one ranked golf course on Golf Digest’s 100 Greatest Golf Courses. The remaining 99 courses included on the list, a ranking that started in 1966, are sprinkled all over the U.S. In honor of both the list and the quickly approaching tournament, we’ve rounded up a list of golfer’s dream homes, (some for sale), across the country where the owners are a few feet from the fairway and a golf membership is a standard home amenity.
Tiger Woods' home
One can’t mention the Master’s without mention of Tiger Woods. Known for both his skills on the green and media-magnified scandal with now ex-wife Elin Nordegren, Woods is recognized as one of the best golfers in the world. Not far from the golf-rich communities of Jupiter and Juno Beach, FL, Woods built his own golf oasis in the town of Jupiter Island, FL — an affluent alternative to mainland Jupiter. As one would expect from a golfing superstar, Woods built a private fairway at his Jupiter Island estate. Palm Beach county Realtor Cary Lichtenstein took an exclusive look at Woods’ Jupiter Island real estate creation and said:
"He has one tee box in the southeast east corner to hit drivers. The entire area just west of the lap pool can be used to hit long, medium and short irons into any of the 4 greens. Each green is guarded by a single trap, except the green in the northwest corner which appears to have 3 pot bunkers…Tiger has enough open space to practice his short game from any angle, any wind condition, which really appears what this practice area is all about.”
Phil Mickelson’s home
Another world-ranked golfer is 38-time PGA Tour champ, Phil Mickelson. Nicknamed “Lefty” for his left-handed swing, Mickelson hasn’t had as much luck in the real estate realm as he has on the golf course. Mickelson has been trying to unload his Rancho Sante Fe real estate since June 2007; it was last listed in 2008 at $12,256,876 before it dropped to its current price of $7,199,000. Included on Mickelson’s Rancho Sante Fe property is a 5-bedroom main house, two guest homes, hand-carved cantera fireplace, swimming pool, and, of course, a putting green.
Porcupine Creek, Calif.
Porcupine Creek is situated on 249 acres, which has its own, private 19-hole golf course — the extra hole is used for playoffs. While the course has been listed by Golf Digest as a top 15 course in California, the Rancho Mirage real estate masterpiece made another name for itself when it became the victim of owner Edra Blixseth’s bankruptcy filing. To satisfy creditors, the estate was listed as one of 2010’s the most expensive listings for $75 million in February 2010, took a $20 million price cut to $55 million, and was finally scooped up by American business mogul, Larry Ellison, for $42.9 million last month.
7475 Foxglove Court, Park City, Utah
Listed for $8,500,000. Named the best golf course in Utah by Golfer’s Digest in 2005-2006, Glenwild Golf Club is a prestigious par-71 course surrounded by the mountainous landscape of the Beehive State. What better place to enjoy one of Utah’s greatest golf courses than from a 2,700-sq ft wrap-around terrace? Towering over the championship fairway sits a 12,000-sq ft masterpiece offering 6 bedrooms and 8 bathrooms on an expansive 1.28-acre lot. Both rustic and modern in design, this unique piece of Park City real estate was built for entertaining and features 10 fireplaces, living areas with floor-to ceiling French doors, and panoramic views of not only Glenwild Golf Club, but additionally of Wasatch Range and Park City Ski areas.
1223 Portola Road, Pebble Beach, Calif.
Listed for $7,750,000. This home may not be on the fairway but it has its own 18-hole mini-golf course to make up for it. Located a few minutes from Cypress Point Club, which is California’s top golf club and fourth in the country, is this Pebble Beach real estate gem offering a 7,100-sq ft main house, 1,400-sq ft artist’s salon, and separate guest apartment. The private, three-acre Pebble Beach compound also features a merry-go-round, koi ponds, swimming pool, and two wine rooms.
2530 Teton Pines Drive, Wilson, Wyo.
Listed for $3,985,000. Noted as “one of the best lots in Teton Pines,” this home is a Wyoming golfer’s dream and Wilson real estate at its finest. Located near the south entrance to Teton Pines, one of the state’s best golf clubs, is this 5,729-sq ft home including 5 bedrooms — each with a private patio — 6.5 bathrooms, custom cabinetry, and, best of all, an 18-hole championship golf course right out the back door.
10433 E Mirabel Club Drive, Scottsdale, Ariz.
Arizona is scattered with top-of-the-line golf courses but one of the best is The Mirabel Club in Scottsdale. Situated on the club’s front line is a luxurious Tuscan-style home with views of the course from both the front and the back of the house, not to mention panoramic city and mountain views. The 5,700-sq ft, 4-bedroom, 4.5-bathroom home just received a $1 million price reduction as well. Home values have fallen 10.7 percent year-over-year in the Scottsdale real estate market.
62-3456 Aloalli Place, Kamuela, HI
Listed for $4,995,000. Anywhere in Hawaii is easily a paradise but, for a golfer, a home on the Mauna Kea Fairways is perfection. The custom designed 5-bedroom, 6-bathroom home on the Kohola Coast features a covered lanai, open kitchen with island, outdoor dining area, and most importantly, an infinity edge pool that looks straight out to the golf course. This is truly a rare opportunity to own Hawaii real estate on one of the top courses in the state.
2222 209th Place NE, Sammamish, Wash.
Listed for $1,088,000. Host to the 1998 PGA Championship, 2002 World Golf Championship-NEC Invitational, and the 2010 U.S. Senior Open, the par-72 course at Sahalee Country Club is continuously ranked as one of the top 100 golf courses in America. Just steps from the fairway is a custom 3-bedroom rambler, situated on a sunny and large level lot with better-than-broadcast views of two holes (5 and 6 south) on the Sahalee Golf Course. Also featured on this highly desired piece of Sammamish real estate is an over-sized kitchen, family room with views of the golf course, elegant dining room, paneled library with wet bar, entertainment size terrace, and a built-in wine cellar.
50 3rd St. Garden City, NY
Founded in 1899, the Garden City Golf Club remains a distinguished golf course, ranking 53rd in the country and 8th in New York state according to Golf Digest’s list of America’s Greatest Golf Courses. Located on Long Island, this newly constructed brick colonial sits right on the course’s edge, offering spectacular views of the fairway from both the back deck and master suite balcony. The 0.72-acre property took a six-figure price cut in October 2010 and is now asking $3,695,000. Nearly 22 percent of homes in the Garden City real estate market have received a price cut in the last 30 days, according to Zillow Real Estate Market Reports.
©2006-2012 Zillow.com. All rights reserved.
Data: Latest rates in the US
|Mortgage rates||View rates in your area|
|30 yr fixed mtg||3.78%|
|15 yr fixed mtg||2.98%|
|30 yr fixed jumbo mtg||3.98%|
|Auto rates||View rates in your area|
|48 month new car loan||2.92%|
|36 month used car loan||3.13%|
|36 month new car loan||2.67%|
|Home equity rates||View rates in your area|
|Home equity type||Today||+/-||Chart|
|$30K HELOC FICO||4.60%|
|$30K home equity loan FICO||4.88%|
|$75K home equity loan FICO||4.33%|
|Credit card rates||View more rates|
|Card type||Today||+/-||Last Week|
|Low Interest Cards||11.21%||11.21%|
|Cash Back Cards||16.40%||16.40%|
|Savings rates||View rates in your area|
|Money market account||0.34%|
|$10K Money market account||0.32%|
|6 month CD||0.36%|