Jun 29, 2016
Design Your Dream Home
(PRESCOTT, AZ) Get your design hat on. Talking Rock, the private residential golf community that is home to an award-winning Jay Morrish-designed course, is giving owners a broader spectrum of design freedom in their newest neighborhood. Cooper Hawk Ridge includes 41 custom homesites perched at a higher elevation than other areas within with the community, with some of the homesites bordering the golf course. The homesites start at $195,000 and range in size from a half-acre to two acres. In order to create a truly unique neighborhood featuring uncommon ranch architecture, owners will be encouraged to explore contemporary design elements that incorporate steel, glass and natural wood materials. The hope is that owners will take advantage of the opportunity to design bold, yet timeless, homes that blend indoor and outdoor living in uniquely expressive ways. The concept is getting buyers’ attention, with contracts and reservations already coming in.
Jun 27, 2016
A Not-So-Hollywood Ending
(Hollywood, FL) It’s all about the houses. PulteGroup, the the nation’s third-largest homebuilding company, has been a big part of golf communities over the years. But their latest venture puts a new spin on golf course living. The developer has closed on the Hillcrest Golf & Country Club in Hollywood with plans to turn its 18-hole course into one gated community and its executive course into another gated community. The company plans to build a mix of 645 single-family homes and townhouses on the golf course lands. The golf courses are part of a condominium development built in 1960, one of the first golf course/condominium developments in Broward County. The Robert von Hagge layout was redesigned by Joe Lee in 2000. According to The Real Deal South Florida, “this isn’t the first time Pulte has bought a sports club as a development play. The homebuilder paid $49 million for the Gulfstream Polo Club in May, where it’s planning a community of nearly 1,000 new residences.” Good to know it’s not just golf courses they are turning into housing developments.
Jun 24, 2016
(LOS CABOS, MEXICO) Earlier this year, Greg Norman’s design firm opened its 100th course in Australia. And on the other side world, at the tip of Mexico’s 1,000-mile long Baja Peninsula, he is creating his latest at Rancho San Lucas. The course, part of the 834-acre master-planned resort community taking shape along a 1.2-mile stretch of white sand beachfront, is expected to debut (along with phase one of the development) in winter 2017. Preliminary routing for Rancho San Lucas shows seven holes set in rolling dunes near the sea, ocean views from 17 holes, and an island-style green. The resort community will be home to the 600-room Grand Solmar Rancho San Lucas Hotel & Resort, a Mexican-style shopping village with dining and entertainment , a community park with a lake and amphitheater, a tennis center, and hiking and biking trails. The residential offering includes two different opportunities: The Estates and The Villas. The Estates, the community’s most exclusive address, has 32 single-level estate homes and 36 luxury condos. The Villas, located on the development’s highest vantage point, features 134 homes and spectacular views.
Jun 22, 2016
(INDIAN WELLS, CA) After more than $100,000,000 in total real estate sales volume in 2015, you might expect the luxury residential community and private equity club of Toscana Country Club to enjoy its success and relax a bit. Instead, they embarked on a series of focus groups with their members to hear exactly what members wanted to see happen at the club. Those focus groups led to the announcement this week that the club will add new facilities, including a casual restaurant, sports club pavilion, pool pavilion, event lawn, and tennis courts. An outdoor garden terrace, off the new restaurant, will include a long linear fire pit to enjoy drinks while overlooking the 9th hole of the Jack Nicklaus Signature South course that’s framed by the Santa Rosa Mountains. That’s what we’d call staying relevant and keeping your members satisfied.
Jun 20, 2016
Last Gasp for Realtors?
(WASHINGTON, DC) Last week, Consumer Reports released its “Top Real Estate Trends for 2016.” They include the rise of semi-suburbs, the decline of the starter home, down payment assistance programs, and the effect the “sharing economy” is having on cities. All interesting stuff, but perhaps none more interesting than how the rise of technology is changing the role of the real estate agent. Online real estate sites—like Redfin, Trulia, and Zillow—already abound (Though Consumer Reports found that none provide a complete picture of what’s on the market). But even if you find something through those services, you’ll probably still need an agent to guide you through the buying and selling process. All that may change with the online real estate marketplace, Ten-X. Google Capital has bet big ($50 million big) on this tool that allows homeowners to manage the entire buying process online, from price negotiations to final closing.