Mar 18, 2016
Best Development

(SARASOTA, FL) Named for the famous putt Jack Nicklaus conceded to his European counterpart, Tony Jacklin, in the 1969 Ryder Cup, resulting in the first tie in Ryder Cup history, The Concession Residences is one of the most desirable, gated-community addresses in South Florida. Better yet, the Manatee-Sarasota Building Industry Association just honored the low-density luxury enclave with its “Best Development Award” for communities with 201 to 500 homesites at the Parade of Homes. The CORE Development project also won “Best Entranceway” and “Best Amenities,” further validating its unsurpassed lifestyle offerings. A number of the community’s stable of elite builders also took home prestigious awards, including Best Overall, Best Kitchen, Best Curb Appeal, and Best Master Suite. The Concession is 75% sold out, and they anticipate a limited supply of lots by the end of the year. Core Development is nationally known for numerous award-winning design-builds including The Ritz-Carlton, Sarasota and The Residences at the Ritz-Carlton Sarasota. Concession residents are invited to join The Concession Golf Club, with its 7,474-yard tournament-caliber layout winding through over 500 acres of thick stands of live oaks, magnolias and pines.

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Mar 16, 2016
Golfer’s Kingdom

(GREENSBORO, GA) Talk about the complete golf experience. Reynolds Lake Oconee already ranked among the most exciting golf experiences in the country with six award-winning golf courses designed by legendary architects Jack Nicklaus, Tom Fazio, Rees Jones, Bob Cupp, and Jim Engh. Now, with the launching of the Reynolds Kingdom of Golf, it is now also one of the most complete golf experiences as well. The community’s exclusive partnership with TaylorMade has been transformed into a premier full-game improvement experience that will be operated by Reynolds Lake Oconee. All guests will have access to the TaylorMade MATT-T system and instant gratification through the building of clubs in the onsite TaylorMade Tour Trailer. They have also fully integrated the Reynolds Golf Academy, under the direction of Top 100 instructor Charlie King, into The Reynolds Kingdom of Golf to provide golfers with a total golf experience. In addition to incorporating these independent businesses into the Reynolds Lake Oconee golf operations, a major expansion of the current Kingdom facility is underway. This expansion includes two fully enclosed hitting bays, three covered and heated hitting areas, TrackMan 4 launch monitors, and high-speed Ximea cameras. Since opening in 2007, The Kingdom has served as the East Coast fitting center for many PGA and LPGA Tour stars. It is the only TaylorMade venue in the country where recreational golfers can be fit for equipment in the same elite environment used by Tour players and club professionals on staff with TaylorMade.

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Mar 14, 2016
Eye-Popping Prices

(PALM BEACH, FL) They’re not building any new oceanfront. That scarcity of oceanfront properties, along with increasing wealth for those at the upper reaches of society, are fueling record mansion prices in Palm Beach County. According to the Palm Beach Post, an oceanfront mansion sold earlier this month for $34 million, shattering Delray Beach’s previous record price by $15 million, a contract for a $59 million mansion was signed in Palm Beach, and a mansion in Ocean Ridge sold for $13.6 million, eclipsing that town’s previous record of $9 million. This past summer, a $33 million deal in Manalapan and a $38 million sale on Jupiter Island set new records for oceanfront mansions in those communities. Despite those record prices, not everything on the water is selling easily. Greg Norman’s Jupiter Island estate has lowered its asking price to $55 million after failing to sell at $65 million and pop star Celine Dion has dropped her oceanfront estate to $45.5 million, $27 million less than the original list price. And you’ll never guess who holds the record for an oceanfront mansion in Palm Beach County. None other than Donald Trump, who sold his mansion for $95 million in 2008.

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Mar 11, 2016
Moving Day

(LA QUINTA, CA) Spieth, Mahan, Bubba, Crenshaw, DJ. Now Fred Couples. The list of golfers who have put their homes on the market this past year keeps growing. Couples’ home made the news this week as he put his four-bedroom La Quinta estate back on the market for $3.95 million. For those keeping track, that’s a quarter-million dollars lower than 2011 when the home was last on the market. So, if you’re in search of a deal, here’s what you’ll get: a 5,173-square-foot home at the prestigious Madison Club, two master bedrooms (one described as breezy and romantic), outdoor kitchen, pool, and spa. And in this case, you can really live like Freddy: The home is offered fully furnished. If you’re curious what it costs to live like him, here’s the math—the monthly payment on Couples’ home would be $15,747, assuming a 20 percent down payment with a 30-year-fixed mortgage, according to Zillow’s Mortgage Marketplace. But you can take solace that Couples isn’t going far. Reportedly, he’s building a bigger home in the same development.

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Mar 09, 2016
Bidding War

(PARK CITY, UT)– A record number of qualified bidders pushed the auction price of a sophisticated mountain retreat in Park City, Utah, to $4.2 million when Heritage Luxury Real Estate Auctions offered the prime estate at a no reserve auction. At stake, was a custom-designed, ski-in/ski-out 7,900-square-foot home with five bedrooms, eight baths, five fireplaces, an elevator, full-swing golf room, and a heated three-car garage on six acres. Just steps away from the Alpenglow Ski Run, the property came with a heated driveway and walkways, along with some pretty spectacular mountain views. Using non-traditional marketing methods and connecting with Heritage Auctions’ over 950,000+ online bidder members, interest in the property reached as far as The Middle East and across North America, says Nate Schar, Director of Heritage Luxury Real Estate Auctions. The home’s dedicated website received more than 18,500 visits and staff hosted more than 30 previews. Come auction day, a great room full of bidders helped push the price upwards.

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