For our Florida friends and customers who view the cultural and recreational amenities of Western North Carolina as a seasonal extension of their active Sarasota lifestyle. We are pleased to introduce three spectacular new mountain and lake communities.
The Cliffs, Chinquapin and Firefly Cove
The Cliffs
Is located in the Blue Ridge Mountains near Asheville { Asheville ranks second among the " top small city arts destinations according to American Style Magazine }
It consists of 8 master planned communities with prices ranging from $ 380,000 - 5 million
Unsurpassed amenities and here is the best part......
A single membership earns the privilege of playing golf at eight private clubs.
And these aren't just any golf courses.....
Two are designed by Tom Fazio, two by Jack Nicklaus one each by Gary Player and Ben Wright and in a first for North America, a course by Tiger Woods - who will himself enjoy a residence in The Cliffs.
Chinquapin
Is located in Cashiers next to Panthertown Valley National Forest. At an elevation of over 3,800 feet, Cashiers is renowned for its unique combination of mountain beauty and cool refreshing climate where temperatures rarely exceed the mid 70's with low humidity.
20 minutes away is an 18 hole championship golf course, Club house, Tennis and fitness center, massage studio, croquet and much much more.
Home sites ranging from $ 450,000 - 3 million
Firefly Cove
Just 30 minutes from Asheville it is located on the banks of Lake Lure { a body of water heralded by National Geographic as one of the most beautiful man-made lakes in the world }
and is adjacent to Chimney Rock Park.
Only 41 home sights ranging from $200,000 - $600,000
For more information about any of these communities contact me at 1888-755-2637 or locally at 941-993-6443
Sunday, June 08, 2008
Friday, May 30, 2008
SRQ GOLF:
Custom Equipment for Handicapped Golfers at Golf Wiz
For those handicapped individuals who are on the amorous side of the spectrum but haven’t been able to get back on the course after a debilitating injury, there’s Golf Wiz.
Golf Wiz has equipment to help individuals head back to the links, including those who have been victims of stroke, cerebral palsy, multiple sclerosis or combat. The shop specializes in custom clubs to meet the needs of each individual, including modifying shaft flexibility and length, and head angle. The store can also provide other tricks of the trade, such as tools to get the tee in the ground and the ball out of the cup. Also available is the SoloRider, a golf cart for one featuring a seat you can angle and swivel to be able to hit that perfect shot straight down the fairway right from the seat of your cart. Also available through Golf Wiz’s sister foundation, The Adaptive Golf Foundation of America, are programs and lessons for those returning to the game after a serious injury or health condition. Let Golf Wiz and The Adaptive Golf Foundation of America help you get back to the game you love.
Golf Wiz and The Adaptive Golf Foundation of America, 4607 S. Tamiami Trl., Sarasota, 941-926-2545.
Custom Equipment for Handicapped Golfers at Golf Wiz
For those handicapped individuals who are on the amorous side of the spectrum but haven’t been able to get back on the course after a debilitating injury, there’s Golf Wiz.
Golf Wiz has equipment to help individuals head back to the links, including those who have been victims of stroke, cerebral palsy, multiple sclerosis or combat. The shop specializes in custom clubs to meet the needs of each individual, including modifying shaft flexibility and length, and head angle. The store can also provide other tricks of the trade, such as tools to get the tee in the ground and the ball out of the cup. Also available is the SoloRider, a golf cart for one featuring a seat you can angle and swivel to be able to hit that perfect shot straight down the fairway right from the seat of your cart. Also available through Golf Wiz’s sister foundation, The Adaptive Golf Foundation of America, are programs and lessons for those returning to the game after a serious injury or health condition. Let Golf Wiz and The Adaptive Golf Foundation of America help you get back to the game you love.
Golf Wiz and The Adaptive Golf Foundation of America, 4607 S. Tamiami Trl., Sarasota, 941-926-2545.
Monday, May 26, 2008
Saturday, May 24, 2008
SAR monthly stats report for April
Sarasota market hits highest sales figure since June 2007
Home sales in the Sarasota MLS for April 2008 stood at 567 - the highest level in 10 months, and approximately 72 percent higher than the sales in January 2008. In 2008, sales have been progressively stronger month by month, possibly due to the influence of the new property tax portability law adopted in late January. Sales have climbed from 329 in January to 423 in February, then 514 in March.
Bucking the trend of dropping median sales prices for single family homes, April also saw the median sale price rise to $285,000 from $266,750 in March - about a 7 percent increase.
Condominium sales prices have shown a decline of about 8 percent since the first of the year, but they are also beginning to trend upward and have remained at relatively high levels for the Sarasota market. The median sale price for a condominium stood at $277,000 in April, about 18 percent higher than the $235,000 median sale price in March, but roughly 8 percent off the 2008 peak of $303,500 in January. "We are very fortunate to live in a beautiful, vibrant community, with world-class culture and amenities," said Helen Sosso, 2008 SAR President. "These obvious factors continue to enhance the value of local properties, and we are seeing this reflected in our stronger sales figures. In addition, it appears we are beginning to see the effects of the recent state legislation which made it easier for families to upsize or downsize, without such a dramatic impact on their property taxes. Portability will likely continue to be a factor as we move forward in 2008."
The April 2008 report continued to reflect strength in pending sales, which stood at 765 - the highest level in the past year. In April 2007 pending sales were at only 609. Pending sales have been edging upward since December 2007, when there were only 374 pending sales reported. Pending sales reflect contracts executed by buyers and sellers, and indicate more closings in upcoming months and an improving market in the early summer months. Inventory levels were lower in April 2008 at 9,830 single family homes, compared to 10,443 in April 2007. Condominium levels also decreased from the April 2007 level of 6,344 to 5,608 in April 2008. Lower inventory normally means a tighter selling market, which tends to put upward pressure on prices over time.
Declining inventory is one of the indicators that a market is beginning to return to a more normal, balanced state. In fact, the Sarasota MLS statistics reveal a lower level of new listings on the market, combined with higher unit sales, which means the inventory is declining for two reasons and should more quickly reach a healthy equilibrium.
The days on market, which translates to the average time it took to sell a property, was at 166 days for single family homes in April 2008, slightly higher than the 158 days in March 2008. The figure has been steadily in the 158 to 160 range throughout the year. Average days on the market for condos was at 189 in April 2008, lower than the 192 figure in March 2008, and much lower than the 203 days reported in February 2008. The days on market reflects the pace of sales. In general, the Sarasota MLS statistics show a rebound throughout 2008 - every month seeing stronger numbers than the month before.In an article in the Wall Street Journal last month by Cyril Moulle-Berteaux, a managing partner of Traxis Partners LP, a hedge fund firm based in New York, the author puts together a thought provoking piece headlined "The Housing Crisis Is Over."
In the article, he defined the basic elements of the housing boom, and the historic trends that follow such a boom and return to normalcy. He concludes that the national housing market is bottoming out right now, and says the return of affordability to the market makes a recovery an almost certainty.
He predicts the nationwide home inventory will drop significantly by the end of 2008, and this shift will begin to be reflected in prices. In the local Sarasota market, we have seen the trend already beginning toward lower inventories, higher sales, and a leveling of prices after a few months of declines. The April figures reflect this new reality.
Sarasota Association of REALTORS®
Sarasota market hits highest sales figure since June 2007
Home sales in the Sarasota MLS for April 2008 stood at 567 - the highest level in 10 months, and approximately 72 percent higher than the sales in January 2008. In 2008, sales have been progressively stronger month by month, possibly due to the influence of the new property tax portability law adopted in late January. Sales have climbed from 329 in January to 423 in February, then 514 in March.
Bucking the trend of dropping median sales prices for single family homes, April also saw the median sale price rise to $285,000 from $266,750 in March - about a 7 percent increase.
Condominium sales prices have shown a decline of about 8 percent since the first of the year, but they are also beginning to trend upward and have remained at relatively high levels for the Sarasota market. The median sale price for a condominium stood at $277,000 in April, about 18 percent higher than the $235,000 median sale price in March, but roughly 8 percent off the 2008 peak of $303,500 in January. "We are very fortunate to live in a beautiful, vibrant community, with world-class culture and amenities," said Helen Sosso, 2008 SAR President. "These obvious factors continue to enhance the value of local properties, and we are seeing this reflected in our stronger sales figures. In addition, it appears we are beginning to see the effects of the recent state legislation which made it easier for families to upsize or downsize, without such a dramatic impact on their property taxes. Portability will likely continue to be a factor as we move forward in 2008."
The April 2008 report continued to reflect strength in pending sales, which stood at 765 - the highest level in the past year. In April 2007 pending sales were at only 609. Pending sales have been edging upward since December 2007, when there were only 374 pending sales reported. Pending sales reflect contracts executed by buyers and sellers, and indicate more closings in upcoming months and an improving market in the early summer months. Inventory levels were lower in April 2008 at 9,830 single family homes, compared to 10,443 in April 2007. Condominium levels also decreased from the April 2007 level of 6,344 to 5,608 in April 2008. Lower inventory normally means a tighter selling market, which tends to put upward pressure on prices over time.
Declining inventory is one of the indicators that a market is beginning to return to a more normal, balanced state. In fact, the Sarasota MLS statistics reveal a lower level of new listings on the market, combined with higher unit sales, which means the inventory is declining for two reasons and should more quickly reach a healthy equilibrium.
The days on market, which translates to the average time it took to sell a property, was at 166 days for single family homes in April 2008, slightly higher than the 158 days in March 2008. The figure has been steadily in the 158 to 160 range throughout the year. Average days on the market for condos was at 189 in April 2008, lower than the 192 figure in March 2008, and much lower than the 203 days reported in February 2008. The days on market reflects the pace of sales. In general, the Sarasota MLS statistics show a rebound throughout 2008 - every month seeing stronger numbers than the month before.In an article in the Wall Street Journal last month by Cyril Moulle-Berteaux, a managing partner of Traxis Partners LP, a hedge fund firm based in New York, the author puts together a thought provoking piece headlined "The Housing Crisis Is Over."
In the article, he defined the basic elements of the housing boom, and the historic trends that follow such a boom and return to normalcy. He concludes that the national housing market is bottoming out right now, and says the return of affordability to the market makes a recovery an almost certainty.
He predicts the nationwide home inventory will drop significantly by the end of 2008, and this shift will begin to be reflected in prices. In the local Sarasota market, we have seen the trend already beginning toward lower inventories, higher sales, and a leveling of prices after a few months of declines. The April figures reflect this new reality.
Sarasota Association of REALTORS®
Wednesday, May 14, 2008
Why pay rent when you can
buy a home with no out-of-pocket expenses?
Ø FHA financing let’s you buy a home with as little as 3% down and that down payment can come from a third party or family member in the form of a gift.
Ø There are no income restrictions, and you don’t have to be a first time homebuyer to qualify for FHA financing.
Ø You don’t need perfect credit to qualify for FHA financing.
Ø 30 year fixed FHA mortgage rates are at historic lows.
Ø Home prices are lower than they’ve been in 4-5 years.
Ø A parent, sibling or other family member may help you qualify for the mortgage as a non-occupant co-borrower.
In today’s market, sellers are eager to contribute up to, and in some cases, more than 6% of the purchase price to help cover the requisite 3% down payment and closing costs. Now is the time to take advantage of:
Ø Low interest rates.
Ø Seller’s willingness to negotiate.
Ø The best housing prices and inventory in several years.
If you are spending $1,500/m in rent, you may be able to afford a condominium or home priced in the $165,000 to $175,000 range for about the same amount each month. According to the latest Realtor multiple listing service figures, there are 35+/- properties listed in the Lakewood Ranch area in this price range.
To learn more about this terrific homebuyer program and the flexibility and options available to you, feel free to call or e-mail for more information:
Harry Fager
Private Mortgage Banker
MSC Mortgage Company
An affiliate of Wells Fargo Home Mortgage
(941) 951-6660
harryfager@mscmortgage.com
buy a home with no out-of-pocket expenses?
Ø FHA financing let’s you buy a home with as little as 3% down and that down payment can come from a third party or family member in the form of a gift.
Ø There are no income restrictions, and you don’t have to be a first time homebuyer to qualify for FHA financing.
Ø You don’t need perfect credit to qualify for FHA financing.
Ø 30 year fixed FHA mortgage rates are at historic lows.
Ø Home prices are lower than they’ve been in 4-5 years.
Ø A parent, sibling or other family member may help you qualify for the mortgage as a non-occupant co-borrower.
In today’s market, sellers are eager to contribute up to, and in some cases, more than 6% of the purchase price to help cover the requisite 3% down payment and closing costs. Now is the time to take advantage of:
Ø Low interest rates.
Ø Seller’s willingness to negotiate.
Ø The best housing prices and inventory in several years.
If you are spending $1,500/m in rent, you may be able to afford a condominium or home priced in the $165,000 to $175,000 range for about the same amount each month. According to the latest Realtor multiple listing service figures, there are 35+/- properties listed in the Lakewood Ranch area in this price range.
To learn more about this terrific homebuyer program and the flexibility and options available to you, feel free to call or e-mail for more information:
Harry Fager
Private Mortgage Banker
MSC Mortgage Company
An affiliate of Wells Fargo Home Mortgage
(941) 951-6660
harryfager@mscmortgage.com
Friday, April 25, 2008
Our April Newsletter
“No one wants to catch a falling knife.”
As we drove around looking at property, this was the philosophy one Canadian shared with me regarding
his take on the average buyer. “Once it clangs on the floor, everyone will know it has hit bottom and then everyone
will scramble to buy." His own strategy was different. He was not about to wait. Even though he was unsure if
further price declines were to come, he had a fantastic selection of homes to choose from and he knew he was
getting a great price not seen since 2003. He bought. But there is another potent case for buying now.
Finance costs will rise as the economy recovers, so trying to time real estate might not pay off.
Consider this example. A $500,000 Siesta Key condo purchased today, with 20% down, leaves $400,000
financed at about 6% over 30 years. That's a monthly P&I payment of $2,398. If prices drop an additional 10%, the
cost of this condo next year is $450,000. But when the recession ends and the Fed starts to raise rates to say,
7.5%, your monthly payment would be $2,517. If you waited a year to buy, you would have saved nothing and
spent one less year in your beach side condo.
When prices are falling, few people have the discipline to buy stocks, a house, art or any other asset. But
those who do pull the trigger excel in the long run.
What's with all those headlines ?
Considering all of the negative press the housing market received in late 2007, it's more important than
ever for people to separate fact from fiction when deciding on a time to buy or sell a home. The fact is, we were
due for, and are now experiencing, a natural cyclical correction. The recent "housing boom" which lasted from 2001
until 2005, was caused by low interest rates and a rapid increase in property valuations. This combination
prompted a high sense of urgency in home buying and selling. Poor lending practices, which caused many home
buyers to secure loans that they ultimately couldn't afford, also fueled the fire. Finally, and possibly the biggest
culprit here locally, speculative purchases of homes by investors hoping for a quick return on investment took us
over the top.
But are these problems so deep that recovery is years away ? Actual facts and history say no.
Let's start with lending practices. Unlike the media's portrayal, the reality is that subprime loans comprise
only 9% of total loans nationwide and of those 9%, less than 11% of those subprime ARM and fixed borrowers
have defaulted on their loans. Problematic, yes. Of epidemic proportions, no.
As for speculators, like the dot-com bust, the housing market has begun to correct itself after a number of
years of unwise purchasing. But unlike what the media would have us believe, a correction in the housing market
doesn't equate to a crash. The ongoing negative news about the most troubled areas in the U.S. has caused a
ripple effect, with home buyers and sellers on a national level exercising caution before making a decision.
What we are seeing now is a repeat of a housing cycle we've seen before. In the early 1980's and 1990's
some areas of the country experienced the worst downturn they had seen in the last 25 years. It was caused by
localized economic weaknesses and a loss of jobs. But on a nationwide average others, like the Pacific Northwest,
were barely affected at all. Even those areas hit the hardest in the past experienced a historic uptick in prices, and
then a continuing long term appreciation trend followed.
It is our belief that we in Sarasota are actually positioned quite nicely. According to the latest statistics -
issued the last week of March by FAR - Sarasota-Manatee once again outsold such mega-markets as Miami and
Ft. Lauderdale, building on a solid trend that held throughout every month of 2007 and continues thus far into
2008. We simply need our inventory of homes and condos to decline to more acceptable levels.
The avalanche of east coast baby boomers on the horizon may well be the cure for our local recovery.
Lawmakers will look at more tax cuts in 2008.
On January 29, 2008 Florida Voters approved Amendment 1, which made significant changes to the Florida
Constitution regarding property tax laws. These include an additional $25,000 Homestead exemption, and
portability of the Save Our Homes benefit. (Although too detailed for this newsletter, feel free to e-mail us for a 3
page recap of the specifics of all changes.) Governor Charlie Crist, top lawmakers and other backers promised it
would be just the start of property tax relief. Let's hope so. For non-homesteaded owners the government put a
modest 10 percent cap on annual assessment increases. That's not enough to satisfy out of state owners who saw
their tax bills increase the most due to sharp rises in property values in recent years. The Sarasota Association of
Realtors (and all similar associations in Florida) will continue to press for true relief for the second home/vacation
type owner. It will happen. We will keep you updated.
Patrick Doherty, Joe James, Michael James, Maureen James Doherty
April 2008
info@jamesbrothers.com
www.JamesBrothers.com
(your on-line resource)
Local: 941-993-6443
Toll free: 1-888-755-2637
As we drove around looking at property, this was the philosophy one Canadian shared with me regarding
his take on the average buyer. “Once it clangs on the floor, everyone will know it has hit bottom and then everyone
will scramble to buy." His own strategy was different. He was not about to wait. Even though he was unsure if
further price declines were to come, he had a fantastic selection of homes to choose from and he knew he was
getting a great price not seen since 2003. He bought. But there is another potent case for buying now.
Finance costs will rise as the economy recovers, so trying to time real estate might not pay off.
Consider this example. A $500,000 Siesta Key condo purchased today, with 20% down, leaves $400,000
financed at about 6% over 30 years. That's a monthly P&I payment of $2,398. If prices drop an additional 10%, the
cost of this condo next year is $450,000. But when the recession ends and the Fed starts to raise rates to say,
7.5%, your monthly payment would be $2,517. If you waited a year to buy, you would have saved nothing and
spent one less year in your beach side condo.
When prices are falling, few people have the discipline to buy stocks, a house, art or any other asset. But
those who do pull the trigger excel in the long run.
What's with all those headlines ?
Considering all of the negative press the housing market received in late 2007, it's more important than
ever for people to separate fact from fiction when deciding on a time to buy or sell a home. The fact is, we were
due for, and are now experiencing, a natural cyclical correction. The recent "housing boom" which lasted from 2001
until 2005, was caused by low interest rates and a rapid increase in property valuations. This combination
prompted a high sense of urgency in home buying and selling. Poor lending practices, which caused many home
buyers to secure loans that they ultimately couldn't afford, also fueled the fire. Finally, and possibly the biggest
culprit here locally, speculative purchases of homes by investors hoping for a quick return on investment took us
over the top.
But are these problems so deep that recovery is years away ? Actual facts and history say no.
Let's start with lending practices. Unlike the media's portrayal, the reality is that subprime loans comprise
only 9% of total loans nationwide and of those 9%, less than 11% of those subprime ARM and fixed borrowers
have defaulted on their loans. Problematic, yes. Of epidemic proportions, no.
As for speculators, like the dot-com bust, the housing market has begun to correct itself after a number of
years of unwise purchasing. But unlike what the media would have us believe, a correction in the housing market
doesn't equate to a crash. The ongoing negative news about the most troubled areas in the U.S. has caused a
ripple effect, with home buyers and sellers on a national level exercising caution before making a decision.
What we are seeing now is a repeat of a housing cycle we've seen before. In the early 1980's and 1990's
some areas of the country experienced the worst downturn they had seen in the last 25 years. It was caused by
localized economic weaknesses and a loss of jobs. But on a nationwide average others, like the Pacific Northwest,
were barely affected at all. Even those areas hit the hardest in the past experienced a historic uptick in prices, and
then a continuing long term appreciation trend followed.
It is our belief that we in Sarasota are actually positioned quite nicely. According to the latest statistics -
issued the last week of March by FAR - Sarasota-Manatee once again outsold such mega-markets as Miami and
Ft. Lauderdale, building on a solid trend that held throughout every month of 2007 and continues thus far into
2008. We simply need our inventory of homes and condos to decline to more acceptable levels.
The avalanche of east coast baby boomers on the horizon may well be the cure for our local recovery.
Lawmakers will look at more tax cuts in 2008.
On January 29, 2008 Florida Voters approved Amendment 1, which made significant changes to the Florida
Constitution regarding property tax laws. These include an additional $25,000 Homestead exemption, and
portability of the Save Our Homes benefit. (Although too detailed for this newsletter, feel free to e-mail us for a 3
page recap of the specifics of all changes.) Governor Charlie Crist, top lawmakers and other backers promised it
would be just the start of property tax relief. Let's hope so. For non-homesteaded owners the government put a
modest 10 percent cap on annual assessment increases. That's not enough to satisfy out of state owners who saw
their tax bills increase the most due to sharp rises in property values in recent years. The Sarasota Association of
Realtors (and all similar associations in Florida) will continue to press for true relief for the second home/vacation
type owner. It will happen. We will keep you updated.
Patrick Doherty, Joe James, Michael James, Maureen James Doherty
April 2008
info@jamesbrothers.com
www.JamesBrothers.com
(your on-line resource)
Local: 941-993-6443
Toll free: 1-888-755-2637
Thursday, April 24, 2008
Ritz-Carlton Golf Club Awarded Environmental Excellence Certificate
The Members Golf Club at The Ritz-Carlton, Sarasota has been designated as a “Certified Audubon Cooperative Sanctuary” through the Audubon Cooperative Sanctuary Program for Golf Courses, an Audubon International program.
It is required that the course demonstrate that it is maintaining a high degree of environmental quality in five key environmental areas including wildlife and habitat management, chemical use safety and reduction, water conservation, water quality management and outreach and education.
There are over 1067 golf courses in Florida, with less than one percent having earned this honor.
The 16 man-made lakes on the 320-acre property have attracted various species previously unknown to the area. Over 50 different birds have been identified and over 15 mammals including alligator, fox and bobcat.
The landscaping around golf course is a cornucopia of tree and plant life, with over 110 different species being documented and more being noted each week.
The Members Golf Club at The Ritz-Carlton, Sarasota has been designated as a “Certified Audubon Cooperative Sanctuary” through the Audubon Cooperative Sanctuary Program for Golf Courses, an Audubon International program.
It is required that the course demonstrate that it is maintaining a high degree of environmental quality in five key environmental areas including wildlife and habitat management, chemical use safety and reduction, water conservation, water quality management and outreach and education.
There are over 1067 golf courses in Florida, with less than one percent having earned this honor.
The 16 man-made lakes on the 320-acre property have attracted various species previously unknown to the area. Over 50 different birds have been identified and over 15 mammals including alligator, fox and bobcat.
The landscaping around golf course is a cornucopia of tree and plant life, with over 110 different species being documented and more being noted each week.
Monday, March 10, 2008
TPC Prestancia Announces New Rate Structure
As previously mentioned, this particular TPC course was purchased by the San Diego based
Heritage Golf Group late in 2007. So now it is not only a member of the Tournament Players Club Network ( 21 reciprocal courses ) but is now also included in the Heritage Collection of properties ( 16 courses ). By joining here in Sarasota, you are able to play any one of the other sister properties. This non equity course has no less than seven membership options. The main "Traditional Membership" is $15,000 with monthly dues of $503 for full use of the Club Course and the Stadium Course and clubhouse facilities. Add in a yearly food and beverage minimum of $800. This gives you priority starting times of 10 days in advance and members may bring up to 3 guests. Priviledges extend to a member's spouse and dependent children up to age 25. At the top of the options is the "Legacy Membership". For no golf cart charges, no annual dues, no food and beverage minimums....ever...one need only fork over a cool $90,000 for a lifetime of golf. And for a 25% transfer fee, one can pass it along to an heir. Give me a call at 1-888-755-2637 if you would like information on the other 5 membership options. And by the way...anyone who purchases a property within the gates of Prestancia receives a 20% discount on membership if you join within 30 days of purchasing. ( ie the Traditional Membership would drop to $12,000...)
Heritage Golf Group late in 2007. So now it is not only a member of the Tournament Players Club Network ( 21 reciprocal courses ) but is now also included in the Heritage Collection of properties ( 16 courses ). By joining here in Sarasota, you are able to play any one of the other sister properties. This non equity course has no less than seven membership options. The main "Traditional Membership" is $15,000 with monthly dues of $503 for full use of the Club Course and the Stadium Course and clubhouse facilities. Add in a yearly food and beverage minimum of $800. This gives you priority starting times of 10 days in advance and members may bring up to 3 guests. Priviledges extend to a member's spouse and dependent children up to age 25. At the top of the options is the "Legacy Membership". For no golf cart charges, no annual dues, no food and beverage minimums....ever...one need only fork over a cool $90,000 for a lifetime of golf. And for a 25% transfer fee, one can pass it along to an heir. Give me a call at 1-888-755-2637 if you would like information on the other 5 membership options. And by the way...anyone who purchases a property within the gates of Prestancia receives a 20% discount on membership if you join within 30 days of purchasing. ( ie the Traditional Membership would drop to $12,000...)
Tuesday, February 12, 2008
Golfing Reciprocals In And Around Sarasota
Our team recently represented a wonderful couple from Manhattan who found us through our web site http://www.jamesbrothers.com/. The husband was looking for a full service, high end
Sarasota golf course community while the wife...although not completely uninterested in golf...was looking
for social activities outside of the sport. We just went under contract for a beautiful home on Sugar Mill Drive in Oaks I...that portion of The Oaks that sits west of the club, close to the bay.
One of the reasons this gentleman chose The Oaks was for their reciprocal policy. So I thought it was important enough to mention in my blog. Unlike some other high end courses in and around town ( i.e. The Founders, The Concession, and The Ritz Carlton ) The Oaks offers
reciprocal playing rights at 17 other golf courses during the summer months of May to October.
That's right. For no extra charge ( except cart fee ) a member of The Oaks can go play...to name a few...Bradenton, Lakewood Ranch, Laurel Oak, Longboat Key Club, Sara Bay, Venice and
TPC Prestancia. Conversley, any member of these courses can come and play The Oaks...again, free of charge. Call or e-mail me for a list of the other 10 participating clubs.
Sarasota golf course community while the wife...although not completely uninterested in golf...was looking
for social activities outside of the sport. We just went under contract for a beautiful home on Sugar Mill Drive in Oaks I...that portion of The Oaks that sits west of the club, close to the bay.
One of the reasons this gentleman chose The Oaks was for their reciprocal policy. So I thought it was important enough to mention in my blog. Unlike some other high end courses in and around town ( i.e. The Founders, The Concession, and The Ritz Carlton ) The Oaks offers
reciprocal playing rights at 17 other golf courses during the summer months of May to October.
That's right. For no extra charge ( except cart fee ) a member of The Oaks can go play...to name a few...Bradenton, Lakewood Ranch, Laurel Oak, Longboat Key Club, Sara Bay, Venice and
TPC Prestancia. Conversley, any member of these courses can come and play The Oaks...again, free of charge. Call or e-mail me for a list of the other 10 participating clubs.
Tuesday, January 15, 2008
The latest at The Founders Club
Just spent a pleasant hour with Sharon Ross, the Director of Home Sales surrounding The Founders Club golf course. For those not in the know, this new Robert Trent Jones Jr. layout is certainly in the top 5 of all private courses in Sarasota County ( the other contenders in my mind being The Concession, The Oaks Eagle course, The Ritz Carlton, and the Arnold Palmer layout at Lakewood Ranch ). If you have not been to the homesites and course since last year, you will be impressed with the progress. The clubhouse is superb and complete. Restricted to only 275 golf members, they are now at 50% capacity. ( Full equity memberships are priced at $82,500. ) As for the homesites, there are 260 lots in the community. Again, as of this date, 123 homesites have been sold with 115 up or under construction. ( Buyers have 2 years to break ground and have five prestigious builders to choose from with dozens of design choices.) One of the misconceptions of the community are the prices. Sure there are homes in the multi-millions.
But there are also entry level options in the $1,100,000 to $1,500,000 range that are spacious
and have superb finishes...not to mention spectacular open views. Another misconception...the distance to downtown. Honestly, you can be at one of your favourite restaurants in the core of the city in 12 to 15 minutes depending on traffic. Add only a couple more minutes for St. Armands Circle. I have an up to date site plan with available lots clearly marked should you want to investigate this terrific golf community further.
But there are also entry level options in the $1,100,000 to $1,500,000 range that are spacious
and have superb finishes...not to mention spectacular open views. Another misconception...the distance to downtown. Honestly, you can be at one of your favourite restaurants in the core of the city in 12 to 15 minutes depending on traffic. Add only a couple more minutes for St. Armands Circle. I have an up to date site plan with available lots clearly marked should you want to investigate this terrific golf community further.
Wednesday, December 05, 2007
2006 Builder's home in the Oaks Golf and Country Club
3948 sq.ft. 4 bedroom 31/2 bath with picturesque fairway views of the Arthur Hill Eagle course. Outstanding quality! Built in 2006 with all the latest hurricane impact glass throughout, double steel garage doors. Turkish marble floors, tray ceilings, crown moldings throughout, island granite kitchen with wood cabinets, stainless steel appliances, walk-in pantry, gas fireplace, movie theatre/bonus room with wet bar, automated window treatments, wonderful storage room over the garage, private pool setting and much much more.
If you are looking for true Country Club living this is it !
Read more about the Oaks Golf and Country Club in the Golf section of our web site.. http://www.jamesbrothers.com/
Any questions ? Contact me at ......993-6443 or 1888-755-2637
If you are looking for true Country Club living this is it !
Read more about the Oaks Golf and Country Club in the Golf section of our web site.. http://www.jamesbrothers.com/
Any questions ? Contact me at ......993-6443 or 1888-755-2637
Monday, November 26, 2007
Laurel Oak Special Membership Pricing
The Board of Governors has announced a reduced membership offer until December 31/2007. Golf & Tennis...previously $31,000...is now $22,000. Golf only...previously $29,500...is now $21,000. These are very attractive rates to join one of Sarasota's premier 36 hole private clubs.
The West Course ( 1990 ) and the East Course (1995 ) were both developed as Gary Player Signature Courses. The West Course was recently re-designed by Rees Jones in 2005, along with the new clubhouse expansion. Laurel Oak likes to brag that it's average member age is only 54...but don't snicker...that is pretty good for Southwest Florida. As for home availability, this is truly a diverse community with prices in every category. There are presently 31 homes for sale. Starting in the $500,000 to $800,000 range, 8 homes are offered. Between $800,000 and $1 million, another 8 homes. Between $1 million and $1.4 million there are 10 active listings. And
finally, between $1.4 million and $2.7 million, 5 homes. None are older than 1991 and many have been built in the 2000's. If you are looking for a gated, family friendly golf community, then Laurel Oak certainly deserves a look.
The West Course ( 1990 ) and the East Course (1995 ) were both developed as Gary Player Signature Courses. The West Course was recently re-designed by Rees Jones in 2005, along with the new clubhouse expansion. Laurel Oak likes to brag that it's average member age is only 54...but don't snicker...that is pretty good for Southwest Florida. As for home availability, this is truly a diverse community with prices in every category. There are presently 31 homes for sale. Starting in the $500,000 to $800,000 range, 8 homes are offered. Between $800,000 and $1 million, another 8 homes. Between $1 million and $1.4 million there are 10 active listings. And
finally, between $1.4 million and $2.7 million, 5 homes. None are older than 1991 and many have been built in the 2000's. If you are looking for a gated, family friendly golf community, then Laurel Oak certainly deserves a look.
Wednesday, November 21, 2007
Golf Digest - Best New Private Golf Course, The Concession
The Concession's 349-yard, dogleg-left 12th is designed to be a reachable par 4 from any set of tees.By Ron Whitten Photo By Stephen Szurlej for Golf Digest
ANOTHER CONCESSION
The concept began in 2002, when British-golf-hero-turned-Sarasota-resident Tony Jacklin read that developer Kevin Daves was planning a Jack Nicklaus-designed course in the area. Jacklin, champion of the 1969 British Open and 1970 U.S. Open and four-time European Ryder Cup captain, called Daves and said he wanted to be involved. Over a subsequent lunch, Jacklin suggested the club might have a Ryder Cup theme and gave Daves a photo for the clubhouse. It depicted Jacklin and Nicklaus in 1969, moments after Jack had conceded a par putt to Tony that resulted in the first tie in the history of the Ryder Cup.
Daves saw more than a photo. He saw a marketing scheme. He'd call his course The Concession. He'd use a silhouette of the photo as his logo. He'd have Jacklin work with Jack on the project.
Daves and Jacklin met with Nicklaus. Tony said he didn't want to interfere with Jack's design, but Jack replied, "No, if we're going to do this, we're going to do it together," then winked: "I'll concede once again."
So it is that Jack Nicklaus and Tony Jacklin are sharing a trophy once more, this time as co-designers of The Concession Golf Club, America's Best New Private Course of 2006. For Nicklaus, it's the sixth time since 1984 that one of his course designs has been recognized by Golf Digest as a Best New winner. For Jacklin, who has only dabbled in course architecture, it's a new honor. (His best-known previous work, a collaboration with former Ryder Cup teammate Dave Thomas, is San Roque Golf Club in Spain, just down the highway from 1997 Ryder Cup host Valderrama.)
The Concession is a course of remarkable beauty and isolation. Intended as the centerpiece of a 1,200-acre gated community, the course is actually off to the side, well away from back yards, spread over 540 acres of pines that reach as high as 150 feet and twisted oaks thought to be more than 200 years old. (If some specimens seem particularly strategic, that's because more than $700,000 was spent transplanting 65 live oaks and 15 slash pines on certain holes.)
Jacklin would like the PGA of America to consider The Concession for a future Ryder Cup. (The earliest available date would be the 2024 matches.) It's certainly a worthy test of championship golf, at 7,470 yards, par 72 from the tips, its Slope Rating of 155 tied for the highest of any course in Florida. All four of its par 3s face different directions, as do the four par 5s. There are an equal number of holes that bend left versus right. Its bright-white bunkers are big and flashy, most edged in thick-bladed Bahia grass to add a visual contrast to the hybrid Bermuda fairways and greens.
A dozen water hazards legitimately come into play, with four on the closing four holes posing the ultimate in risk-reward excitement. But the most intriguing hazard is narrow, man-made Tortoise Creek, which winds around the front, right and back of the tiny green on the nifty, narrow, 374-yard, dogleg-right eighth. It's a hazard, and a hole, that Jacklin played a major role in creating.
What really sets The Concession apart are its greens. Several are perched above fairways, with steep dropoffs on one side or the other, and the one on the par-4 10th is at ground level, flowing from front to back. But the real departures from the Nicklaus mold are the movements within the greens. Instead of outside mounds extending into greens to create shelves and slopes, Nicklaus developed The Concession's greens with contours that originate from within the putting surfaces and ripple outward, leaving most collars relatively flat. It's a technique he says he learned while teaming with Tom Doak on Sebonack Golf Club in New York. Which proves you can teach a top dog new tricks.
Few people recall all the details of the Ryder Cup at England's Royal Birkdale that precipitated this commemorative club. Back in 1969, there were two sessions of singles matches on the last day. Jacklin beat Nicklaus, 4 and 3, in the morning round, and in the afternoon Tony holed a 50-foot eagle putt on the 17th to square the only match remaining on the course. At 18, Nicklaus had a 15-footer to win but raced the putt four feet past. He made the comebacker, then picked up Tony's coin, some two feet from the cup. U.S. captain Sam Snead and several of Jack's teammates weren't happy about Nicklaus' magnanimity, but Jack shrugged it off. Jacklin was the reigning British Open champ, a hero to the home crowd. Jack didn't want him to miss the putt and become a goat. Besides, under Ryder Cup rules, as defending champion, the U.S. retained possession of the Cup with the tie.
So maybe the concession wasn't that big a deal after all. But The Concession is. As the best among America's new private courses, it is also among the best of Nicklaus' 250 designs, and already one of the finest in Florida. Given additional scrutiny,
The Concession might someday prove to be one of America's 100 Greatest Golf Courses.
Thursday, November 15, 2007
Focus on Stoneybrook Golf & Country Club
Looking for a reasonable gated golf course community ? Try Stoneybrook. This 18 hole championship course was designed by Arthur Hill and winds through the community located at McIntosh and 41. Literally minutes to Siesta Key. Not an equity club, every homeowner who purchases a condominium automatically becomes a member. For an initial one time fee of $2000 plus yearly fees of $2200 you get unlimited golf, 4 Har Tru tennis courts, full restaurant access, fitness centre and heated pool & spa. Golfing activities include couples events & individual ladies & men's days. The homes in Stoneybrook estates are not a part of the golf memberships. Just the owners of the 26 condominium associations. And what a variety of choices. Prices range from the mid $200's to the high $300's from The Verandas to Pebble Creek to The Terraces. For a course of this quality, with this location, and with this variety...certainly worth a look.
Tuesday, November 13, 2007
Tuesday, September 25, 2007
University Park Value; Check out this home
Not only are membership fees dropping at the University Park Country Club, but so are home prices. There is currently a listing on Virginia Crossing offered at $369,900. It is a true 3 bedroom, 2 bath, 2 car garage, stand alone home on a beautiful manicured street. It has a full, unobstructed lake and preserve view with no wires or other homes anywhere in sight. It was built in 1995 and offered by the original owner. The initial asking price was in the mid $500's, but now this home is priced at a level not seen in the last three years. Does it need work ? Yes...but only cosmetic. There is a home inspection report available that was conducted this month. Everything in the home is white...and I mean everything...all the walls, carpets, counters and cupboards. An empty palette to design with. There is also a recent appraisal at $480,000. This is a motivated buyer who understands the new reality of the local home resale market. Any questions ? Feel free to give me a call at 941-993-3160 and I will be glad to help.
Friday, September 21, 2007
Major News from University Park Country Club
University Park Country Club has basically decided to go public. Starting sometime later this year, the course will be open to public play during all of its operating hours. The 345 existing
members, who paid $30,000 to join the club, will get their full iniatiation fee back. In order to
keep somewhat of a private club feel, there will be a $5000 membership option that will allow
golfers to join all the associations, leagues, men's and ladies days etc. But basically, this is simply a reflection of the current state of Sarasota golf in general. A number of public courses have closed (Foxfire & Sunrise) and a number of private courses, like University Park, are trying their own inventive solutions to bring up revenues (Laurel Oak, The Meadows).
This is certainly good news for those University Park property owners who could not justify the $30,000 initiation fee...especially those who just use their properties in the winter months. Now, they can do a pay-as-you-play for anywhere from $60 to $99.
Recent clients of mine might well have benefited from this news. They were interested in a University Park 3 bedroom/2 bath, 2 car garage home for only $360,000 ( !!) but opted for a Meadows purchase because of their far more attractive membership rates. Too late now.
members, who paid $30,000 to join the club, will get their full iniatiation fee back. In order to
keep somewhat of a private club feel, there will be a $5000 membership option that will allow
golfers to join all the associations, leagues, men's and ladies days etc. But basically, this is simply a reflection of the current state of Sarasota golf in general. A number of public courses have closed (Foxfire & Sunrise) and a number of private courses, like University Park, are trying their own inventive solutions to bring up revenues (Laurel Oak, The Meadows).
This is certainly good news for those University Park property owners who could not justify the $30,000 initiation fee...especially those who just use their properties in the winter months. Now, they can do a pay-as-you-play for anywhere from $60 to $99.
Recent clients of mine might well have benefited from this news. They were interested in a University Park 3 bedroom/2 bath, 2 car garage home for only $360,000 ( !!) but opted for a Meadows purchase because of their far more attractive membership rates. Too late now.
Monday, August 06, 2007
Longboat Resort spends millions in upgrades
Herald Tribune August 06, 2007
COMMERCIAL REAL ESTATE
Millions spent on Longboat resort
By KEVIN MCQUAID
SARASOTA -- When Longboat Key Club General Manager Michael Welly addresses the resort's condo owners at the group's Aug. 17 annual meeting, he will likely focus on the slew of upgrades that have been made in the recent past.
It is both a good story for him to tell and an easy one for owners to hear.
Within the past four years, the tony 410-acre resort has improved its aging golf courses, bought hundreds of thousands of dollars worth of links equipment, punched up the 110-seat lobby of its 221-unit condo hotel and replaced worn beach furniture, to the tune of $150,000.
The 25-year-old club has also added a sumptuous spa featuring a dozen treatment rooms, beefed up its fitness center with new machines and weights, and added a dozen employees, including an agronomist and a new golf director.
In all, club owner Loeb Partners Realty, a New York firm that acquired Longboat Key Club for $25 million in 1990, has spent in excess of $10 million to fix, or elevate, amenities.
"To be competitive, you have to be new again," said Welly, who joined the resort nearly four years ago. When times get tough, as they did after 9/11, there are only two ways to go, he said, "sit back and weather the storm or add on and improve.
"The resort's unit owners have chipped in as well, investing roughly the same amount to refurbish rooms and completely replace furniture for the first time in more than a dozen years.
Today, the hotel's rooms sport flat-screen televisions, upscale rattan furniture and inviting dining rooms and kitchens with marble and tile.
Welly may also decide to outline the club's future at the annual meeting. It, too, is a tale Welly likely relishes sharing with the club's roughly 2,000 members.
If all its plans come to fruition, the club's owners could spend another roughly $100 million on upgrades.
Longboat Key Club's plans include replacing 20 tennis courts and adding a "stadium court" and clubhouse, along with further improvements to its 45 holes of golf.
The Harborside tennis courts and clubhouse will be the next, and most visible, manifestation of the club's progress.
Breaking ground this fall, the $2.5 million development will add a Sarasota School of Architecture-style clubhouse with dining and a host of other amenities.
Later this year, the club is slated to acquire a 291-slip "dockominium" marina adjacent to its property.
The marina, the largest deep water boat pen on the west coast of Florida, includes 37 wet slips. In time, the club will add a restaurant, rentals and options for hotel guests, Welly said.The marina, which will cost between $8 million and $9 million, is owned by developer Bill Vernon.
The marina may not be the only water-related, big ticket item Loeb Partners funds in the near future.
If an experiment to install special, saltwater-tolerant grass on its links does not succeed, the club will have to get serious about developing desalination plants to supply a big portion of the 1 million gallons of water it uses -- daily -- to keep its greens (and courses) green.
The reverse osmosis plants, as they are also known, are not cheap. A pair would cost the club roughly $8 million.
But the improvements are critical, Welly said, to keep pace with private clubs like the Ritz-Carlton's Lido Key beach club.
"We now have someone we have to measure up against, so improvements are important," Welly said. "It's something we should be doing anyway, but the Ritz-Carlton brought with it their typical level of quality and a new level of pricing, which has also helped us.
"Longboat Key Club's experience renovating its condo hotel stands in stark contrast to another upscale -- but aging -- key resort, the 234-unit Colony Beach & Tennis Resort.
Earlier this year, fractious relations between the Klauber family that has long owned the famed tennis resort and unit owners broke down over refurbishments.
A Klauber partnership has sued the club's owners for $14.1 million to cover repairs and upgrades. In response, an owners' association has threatened to fire the Klauber's management firm and hire another company to run the resort.
It is a scenario that nearly sparked a similar fire at the Longboat Key Club. In March 2004, Loeb Partners replaced management after club unit owners, members and guests complained that the resort looked tired and unkempt.
Owners today, however, describe Welly as responsive and proactive.
"Mr. Welly has absolutely made this place sing," said Robert A. Rosin, president of the club's condo association.
COMMERCIAL REAL ESTATE
Millions spent on Longboat resort
By KEVIN MCQUAID
SARASOTA -- When Longboat Key Club General Manager Michael Welly addresses the resort's condo owners at the group's Aug. 17 annual meeting, he will likely focus on the slew of upgrades that have been made in the recent past.
It is both a good story for him to tell and an easy one for owners to hear.
Within the past four years, the tony 410-acre resort has improved its aging golf courses, bought hundreds of thousands of dollars worth of links equipment, punched up the 110-seat lobby of its 221-unit condo hotel and replaced worn beach furniture, to the tune of $150,000.
The 25-year-old club has also added a sumptuous spa featuring a dozen treatment rooms, beefed up its fitness center with new machines and weights, and added a dozen employees, including an agronomist and a new golf director.
In all, club owner Loeb Partners Realty, a New York firm that acquired Longboat Key Club for $25 million in 1990, has spent in excess of $10 million to fix, or elevate, amenities.
"To be competitive, you have to be new again," said Welly, who joined the resort nearly four years ago. When times get tough, as they did after 9/11, there are only two ways to go, he said, "sit back and weather the storm or add on and improve.
"The resort's unit owners have chipped in as well, investing roughly the same amount to refurbish rooms and completely replace furniture for the first time in more than a dozen years.
Today, the hotel's rooms sport flat-screen televisions, upscale rattan furniture and inviting dining rooms and kitchens with marble and tile.
Welly may also decide to outline the club's future at the annual meeting. It, too, is a tale Welly likely relishes sharing with the club's roughly 2,000 members.
If all its plans come to fruition, the club's owners could spend another roughly $100 million on upgrades.
Longboat Key Club's plans include replacing 20 tennis courts and adding a "stadium court" and clubhouse, along with further improvements to its 45 holes of golf.
The Harborside tennis courts and clubhouse will be the next, and most visible, manifestation of the club's progress.
Breaking ground this fall, the $2.5 million development will add a Sarasota School of Architecture-style clubhouse with dining and a host of other amenities.
Later this year, the club is slated to acquire a 291-slip "dockominium" marina adjacent to its property.
The marina, the largest deep water boat pen on the west coast of Florida, includes 37 wet slips. In time, the club will add a restaurant, rentals and options for hotel guests, Welly said.The marina, which will cost between $8 million and $9 million, is owned by developer Bill Vernon.
The marina may not be the only water-related, big ticket item Loeb Partners funds in the near future.
If an experiment to install special, saltwater-tolerant grass on its links does not succeed, the club will have to get serious about developing desalination plants to supply a big portion of the 1 million gallons of water it uses -- daily -- to keep its greens (and courses) green.
The reverse osmosis plants, as they are also known, are not cheap. A pair would cost the club roughly $8 million.
But the improvements are critical, Welly said, to keep pace with private clubs like the Ritz-Carlton's Lido Key beach club.
"We now have someone we have to measure up against, so improvements are important," Welly said. "It's something we should be doing anyway, but the Ritz-Carlton brought with it their typical level of quality and a new level of pricing, which has also helped us.
"Longboat Key Club's experience renovating its condo hotel stands in stark contrast to another upscale -- but aging -- key resort, the 234-unit Colony Beach & Tennis Resort.
Earlier this year, fractious relations between the Klauber family that has long owned the famed tennis resort and unit owners broke down over refurbishments.
A Klauber partnership has sued the club's owners for $14.1 million to cover repairs and upgrades. In response, an owners' association has threatened to fire the Klauber's management firm and hire another company to run the resort.
It is a scenario that nearly sparked a similar fire at the Longboat Key Club. In March 2004, Loeb Partners replaced management after club unit owners, members and guests complained that the resort looked tired and unkempt.
Owners today, however, describe Welly as responsive and proactive.
"Mr. Welly has absolutely made this place sing," said Robert A. Rosin, president of the club's condo association.
Tuesday, May 29, 2007
The latest at The Concession Golf Club & Residences
Located on 1200 pristine acres, this premiere residential single family community of only 236 estate homes is very much up and running. Of the three distinct neighborhoods ( Birkdale, Nicklaus Manor and Lindrick ) Birkdale is already sold out.
Lindrick features 100 luxury estate homesites from one to one and a half acres. Buyers can design and build their dream luxury estate home. In Nicklaus Manor, only 33 home sites are in this private, gated secluded location. As at the time of this blog, the lot next to Jack's was still available ! As for the golf course itself...I can say with all honesty that it lives up to the hype. I played it this month and can truly say it is the finest course I have ever played. Scenic, challenging, lots of variety and in pristine condition. I was thrilled to escape with an 84.
Lindrick features 100 luxury estate homesites from one to one and a half acres. Buyers can design and build their dream luxury estate home. In Nicklaus Manor, only 33 home sites are in this private, gated secluded location. As at the time of this blog, the lot next to Jack's was still available ! As for the golf course itself...I can say with all honesty that it lives up to the hype. I played it this month and can truly say it is the finest course I have ever played. Scenic, challenging, lots of variety and in pristine condition. I was thrilled to escape with an 84.
Bent Tree to undergo Major Renovations
Bent Tree CC will now be renovating its course and clubhouse starting in April 2008. Steve Smyers is the architect and the completion date is scheduled for late in the year.
The club is also overseeing improvements to it's clubhouse and cart barn and replacing it's tennis complex, fitness center, and swimming pool with newly designed amenities by The Evan Group of Orlando.
"Our intentions ", said Dir. of Golf Mark Bruce, " is to take Bent Tree tradition to a higher level "
The club is also overseeing improvements to it's clubhouse and cart barn and replacing it's tennis complex, fitness center, and swimming pool with newly designed amenities by The Evan Group of Orlando.
"Our intentions ", said Dir. of Golf Mark Bruce, " is to take Bent Tree tradition to a higher level "
Tuesday, May 15, 2007
RITZ CARLTON Member Golf Club
On the heels of being named one of “America’s Top Golf Courses” by Zagat Survey, the Ritz-Carlton Members Golf Club has been chosen to host local qualifying for the 2007 U.S. Open.
Any professional golfer, or any amateur with a USGA men's handicap index of 1.4 or lower, can attempt to qualify for the U.S. Open. Viewing will be open to the public. Some restrictions will apply.
The Ritz-Carlton Members Golf Club, 7295 Lorraine Rd, Bradenton, 941-309-2990.
Any professional golfer, or any amateur with a USGA men's handicap index of 1.4 or lower, can attempt to qualify for the U.S. Open. Viewing will be open to the public. Some restrictions will apply.
The Ritz-Carlton Members Golf Club, 7295 Lorraine Rd, Bradenton, 941-309-2990.
Thursday, May 10, 2007
Two Sarasota golf courses that made Golf & Leisure top 100 course
THE CONCESSION GC & RESIDENCES Bradenton Tony Jacklin’s daily presence lends gravitas to the course he co-designed with Jack Nicklaus. Traditional caddie program is in place, and renowned restaurateur Sean Murphy has signed on. Golf: 18 holes (Jack Nicklaus). Recent Home Listings: $2.5 million to $4 million
THE FOUNDERS CLUB Sarasota Just 262 homes are planned for this 700-acre site. Amenities include tennis courts, a fitness facility, outdoor recreation center, massage-therapy rooms and formal and informal dining in the 24,000-square-foot Golf Hall clubhouse. Developer is U.S. Assets Group and the Starling Companies. Golf: 18 holes (Robert Trent Jones Jr.). Recent Home Listings: $1.2 million to $5.8 million.
Contact me if you would like more information about these two Golf courses.....
941-993-6443 or 888-755-2637
THE FOUNDERS CLUB Sarasota Just 262 homes are planned for this 700-acre site. Amenities include tennis courts, a fitness facility, outdoor recreation center, massage-therapy rooms and formal and informal dining in the 24,000-square-foot Golf Hall clubhouse. Developer is U.S. Assets Group and the Starling Companies. Golf: 18 holes (Robert Trent Jones Jr.). Recent Home Listings: $1.2 million to $5.8 million.
Contact me if you would like more information about these two Golf courses.....
941-993-6443 or 888-755-2637
Tuesday, April 24, 2007
The Oaks Eagle Course is now open
The Eagle is an 18-hole champion course that reopened Monday after undergoing a complete renovation by architect Arthur Hills. The outstanding layout of the new Eagle course will place it among the finest golf courses in Florida. The course feature Sealsle Paspalum Supreme turf on all playing surfaces. The Oaks has put the Eagle and Heron courses on its reciprocal program this summer.
Official Grand Opening is October 25, 2007
Official Grand Opening is October 25, 2007
Thursday, April 19, 2007
Find your sarasota golf course home.
Search for golf course properties at your leisure from our web site www.JamesBrothers.com
Laurel Oak Estates
Laurel Oak is a wonderful family friendly Golf/Tennis Community with approx. 240 children at present.
This home on Wilfred Reid Cir is a perfect family home in Laurel Oak Estates.
....7222 sq. ft. 6 bedroom/61/2 bath
two story custom built home by Pruett Builders overlooking the 18th fairway and clubhouse of Laurel Oak Country Club. New upgrades include: granite countertops in kitchen, brick pavers on the lanai, Summer kitchen and newly painted interior. This 6 bedroom home features 4 bedrooms on the 2nd floor with a spacious corridor. The first floor boasts a spacious media room. Above average storage, 3 car garage, circular driveway, professional landscaping and home generator are just some of the highlights. Must see to believe! Listed at $ 2,679,000
Sunday, March 25, 2007
The Golf Cottages at the Founders Club
Thirteen maintenance-free cottages are planned on the 10th fairway and are within walking distance of the club house.
There are four different floor plans. Approx. 4000 Sq. Ft.
The price of each golf cottage includes an equity golf membership in the Founders Golf Club, currently valued at $ 100,000.
Golf-cottage home sites range from $ 382,500 to $ 554,000.
The Magnolia model for example is offered at $ 2,790,000.
Although each cottage is different, they share common design elements, such as architectural shutters, deep porches, French doors, tall windows and shaded verandas. The cottages have front, rear and second-story porches and brick outdoor terraces that feature fireplaces and swimming pools.
By contrast some homes in the Founders Club are 8,000 Sq. Ft. and sell for just under $ 5 million.
Call me if you would like more information about any homes in the Founders Club.
941-993-3160
There are four different floor plans. Approx. 4000 Sq. Ft.
The price of each golf cottage includes an equity golf membership in the Founders Golf Club, currently valued at $ 100,000.
Golf-cottage home sites range from $ 382,500 to $ 554,000.
The Magnolia model for example is offered at $ 2,790,000.
Although each cottage is different, they share common design elements, such as architectural shutters, deep porches, French doors, tall windows and shaded verandas. The cottages have front, rear and second-story porches and brick outdoor terraces that feature fireplaces and swimming pools.
By contrast some homes in the Founders Club are 8,000 Sq. Ft. and sell for just under $ 5 million.
Call me if you would like more information about any homes in the Founders Club.
941-993-3160
Thursday, March 15, 2007
TPC Prestancia - Article in todays Herald Tribune
California company to buy TPC Prestancia
The firm will manage the courses under the TPC brand
By STEPHEN FRATER and KEVIN MCQUAID
SARASOTA -- California-based Heritage Golf Group Inc. intends to buy the 565-acre TPC at Prestancia golf courses this summer as part of a four-course deal with the PGA Tour.
Under terms of a "strategic alliance," Heritage will manage the 36-hole Prestancia, in Palmer Ranch off Beneva Road in Sarasota County, but it will continue to operate under the TPC brand.
The sale is expected to close by July 1. In all, there are 22 Tournament Player Club courses that are owned by a PGA Tour subsidiary nationwide.
Prestancia becomes the latest in a series of regional courses to trade hands or be offered for sale in recent years, the result of higher property taxes and rising maintenance costs.
Area courses are also desirable because of their potential for residential development.
In addition to Prestancia, a members-only club that opened in 1985, Heritage is acquiring the TPC Eagle Trace in Coral Springs; TPC Michigan in Dearborn, Mich.; and the TPC Piper Glen in Charlotte, N.C.
Terms were not disclosed."By harnessing the natural synergies between our companies, we can deliver a better, more valuable golf experience for our collective members and guests," David Pillsbury, president of PGA Tour Golf Course Properties, said in a statement.
Heritage, an eight-year-old firm led by Bob Husband, a former PGA Tour player, owns 16 private and resort courses in California, Texas, Georgia, Florida and South Carolina.
Pillsbury ultimately envisions a network of more than 40 affiliated clubs, all of which share similar quality and service standards.
The Prestancia sale is expected to provide members more access privileges "that will add value to their memberships," according to a Heritage statement.
Prestancia's roughly 650 members pay $4,692 to $7,224 in annual dues. Memberships range from $8,000 to $45,000.
In addition to its two courses, which were designed by Robert Von Hagge with PGA Tour player Bruce Devlin and noted course architect Ron Garl, Prestancia also has a 35,000-square-foot clubhouse that offers dining and meeting facilities.
The courses also are certified as Audubon International Cooperative Sanctuaries, which use less pesticide and other eco-friendly maintenance techniques.
Since opening, Prestancia has hosted thirteen PGA Tour senior events, including eight Chrysler Cup Tournaments and five American Express Invitationals. Another senior tour stop, sponsored by Orlando-based Liquidgolf.com, ended in 2000.
The region has seen a series of golf deals in recent months.
Last fall, the New York-based owner of the Serenoa Golf Club put its 18-hole course on the market as part of a corporate liquidation. United Golf LLC bought that 17-year-old course in April 1997 for $7.02 million, property records show.
In July 2006, Foxfire Golf Course sold for $3.6 million to a local investment team interested in the land for residential development.
Smaller clubs, such as the 113-acre Sunrise Golf Club and the 46-acre Heather Mills course in Manatee County, also have been targeted for redevelopment as residential projects.
The firm will manage the courses under the TPC brand
By STEPHEN FRATER and KEVIN MCQUAID
SARASOTA -- California-based Heritage Golf Group Inc. intends to buy the 565-acre TPC at Prestancia golf courses this summer as part of a four-course deal with the PGA Tour.
Under terms of a "strategic alliance," Heritage will manage the 36-hole Prestancia, in Palmer Ranch off Beneva Road in Sarasota County, but it will continue to operate under the TPC brand.
The sale is expected to close by July 1. In all, there are 22 Tournament Player Club courses that are owned by a PGA Tour subsidiary nationwide.
Prestancia becomes the latest in a series of regional courses to trade hands or be offered for sale in recent years, the result of higher property taxes and rising maintenance costs.
Area courses are also desirable because of their potential for residential development.
In addition to Prestancia, a members-only club that opened in 1985, Heritage is acquiring the TPC Eagle Trace in Coral Springs; TPC Michigan in Dearborn, Mich.; and the TPC Piper Glen in Charlotte, N.C.
Terms were not disclosed."By harnessing the natural synergies between our companies, we can deliver a better, more valuable golf experience for our collective members and guests," David Pillsbury, president of PGA Tour Golf Course Properties, said in a statement.
Heritage, an eight-year-old firm led by Bob Husband, a former PGA Tour player, owns 16 private and resort courses in California, Texas, Georgia, Florida and South Carolina.
Pillsbury ultimately envisions a network of more than 40 affiliated clubs, all of which share similar quality and service standards.
The Prestancia sale is expected to provide members more access privileges "that will add value to their memberships," according to a Heritage statement.
Prestancia's roughly 650 members pay $4,692 to $7,224 in annual dues. Memberships range from $8,000 to $45,000.
In addition to its two courses, which were designed by Robert Von Hagge with PGA Tour player Bruce Devlin and noted course architect Ron Garl, Prestancia also has a 35,000-square-foot clubhouse that offers dining and meeting facilities.
The courses also are certified as Audubon International Cooperative Sanctuaries, which use less pesticide and other eco-friendly maintenance techniques.
Since opening, Prestancia has hosted thirteen PGA Tour senior events, including eight Chrysler Cup Tournaments and five American Express Invitationals. Another senior tour stop, sponsored by Orlando-based Liquidgolf.com, ended in 2000.
The region has seen a series of golf deals in recent months.
Last fall, the New York-based owner of the Serenoa Golf Club put its 18-hole course on the market as part of a corporate liquidation. United Golf LLC bought that 17-year-old course in April 1997 for $7.02 million, property records show.
In July 2006, Foxfire Golf Course sold for $3.6 million to a local investment team interested in the land for residential development.
Smaller clubs, such as the 113-acre Sunrise Golf Club and the 46-acre Heather Mills course in Manatee County, also have been targeted for redevelopment as residential projects.
TPC Prestancia sale
Heritage Golf Group Inc. will buy the 565-acre TPC at Prestancia golf courses. Terms were not announced.
THE LOWDOWN..........
WHAT SOLD? The 565-acre TPC at Prestancia in south Sarasota.
WHO BOUGHT IT? California's Heritage Golf Group Inc.
FOR HOW MUCH? Terms were not disclosed.
WHAT ELSE IS THE COMPANY BUYING? TPC Eagle Trace, in Coral Springs; TPC Michigan in Dearborn, Mich.; and TPC Piper Glen in Charlotte, N.C.
WHAT IS HERITAGE GOLF GROUP? An eight-year-old firm led by Bob Husband, a former PGA Tour player. It owns 16 private and resort courses in California, Texas, Georgia, Florida and South Carolina.
THE LOWDOWN..........
WHAT SOLD? The 565-acre TPC at Prestancia in south Sarasota.
WHO BOUGHT IT? California's Heritage Golf Group Inc.
FOR HOW MUCH? Terms were not disclosed.
WHAT ELSE IS THE COMPANY BUYING? TPC Eagle Trace, in Coral Springs; TPC Michigan in Dearborn, Mich.; and TPC Piper Glen in Charlotte, N.C.
WHAT IS HERITAGE GOLF GROUP? An eight-year-old firm led by Bob Husband, a former PGA Tour player. It owns 16 private and resort courses in California, Texas, Georgia, Florida and South Carolina.
Thursday, January 25, 2007
Lakewood Ranch Country Club adding 18 more holes
Lakewood Ranch CC is adding 18 more holes to bring its total to 54 holes of golf. Rick Robbins is the architect for the new 18 to be known for the time being as "Country Club East ".
It will play about 7.125 yards from the back tees and will have two double greens and multiple tee locations. The other two courses, Cypress Links and King's Dunes, were done by Arnold Palmer.
Lakewood Ranch has 580 golf memberships.
It will play about 7.125 yards from the back tees and will have two double greens and multiple tee locations. The other two courses, Cypress Links and King's Dunes, were done by Arnold Palmer.
Lakewood Ranch has 580 golf memberships.
Thursday, December 07, 2006
The Concession
Article in today's Herald Tribune
Golf Digest names Concession best new private course of 2006
KEVIN MCQUAID
kevin.mcquaid@heraldtribune.com
MANATEE COUNTY -- Developer Kevin Daves, fresh from a resounding victory in his lawsuit against his partners in the Ritz-Carlton Sarasota, has scored yet another coup -- this time for the Concession.
Golf Digest on Wednesday named the 18-hole, 72-par Concession links in East Manatee County the "best new private course of the year" measured against courses nationwide.
In selecting the Jack Nicklaus and Tony Jacklin-designed course, the magazine noted the Concession's pristine setting.
"The Concession provides an old-Florida experience of saw-grass savannas, palmetto thickets and hammocks of massive oaks mantled in Spanish moss, all seemingly untouched since the days of the Seminole," the magazine wrote as part of its annual ranking in its January issue.
The 520-acre, 7,470-yard course, which debuted in January, edged out the North Course at Forest Creek Golf Club, in Pinehurst, N.C., for the top 2006 honor, the magazine's Web site said.
"This really does put us on the map," Daves said. "It's been a good month.I expect this will garner us a lot more attention from around the country, and we'll get an enormous amount of attention now from top pros.
"The award comes as Core Development and partner Property Markets Group, of New York, are beginning lot sales for the second phase of the $600 million project, on 1,230 acres in Manatee County east of Interstate 75.
To date, six of the 122 lots in the second phase have sold, all for in excess of $1 million. Interest in the lots and private memberships also is expected to rise next month after construction begins on the Concession's clubhouse.
The clubhouse is slated for completion early in 2008. To date, roughly one-third of the 300 memberships have been sold, Daves said.
"I was always certain that Jack and I had created something extraordinary at the Concession," Jacklin said in a statement.Daves said he is hopeful the magazine will eventually rank the Concession among its annual listing of "America's 100 Greatest" courses.
Golf Digest names Concession best new private course of 2006
KEVIN MCQUAID
kevin.mcquaid@heraldtribune.com
MANATEE COUNTY -- Developer Kevin Daves, fresh from a resounding victory in his lawsuit against his partners in the Ritz-Carlton Sarasota, has scored yet another coup -- this time for the Concession.
Golf Digest on Wednesday named the 18-hole, 72-par Concession links in East Manatee County the "best new private course of the year" measured against courses nationwide.
In selecting the Jack Nicklaus and Tony Jacklin-designed course, the magazine noted the Concession's pristine setting.
"The Concession provides an old-Florida experience of saw-grass savannas, palmetto thickets and hammocks of massive oaks mantled in Spanish moss, all seemingly untouched since the days of the Seminole," the magazine wrote as part of its annual ranking in its January issue.
The 520-acre, 7,470-yard course, which debuted in January, edged out the North Course at Forest Creek Golf Club, in Pinehurst, N.C., for the top 2006 honor, the magazine's Web site said.
"This really does put us on the map," Daves said. "It's been a good month.I expect this will garner us a lot more attention from around the country, and we'll get an enormous amount of attention now from top pros.
"The award comes as Core Development and partner Property Markets Group, of New York, are beginning lot sales for the second phase of the $600 million project, on 1,230 acres in Manatee County east of Interstate 75.
To date, six of the 122 lots in the second phase have sold, all for in excess of $1 million. Interest in the lots and private memberships also is expected to rise next month after construction begins on the Concession's clubhouse.
The clubhouse is slated for completion early in 2008. To date, roughly one-third of the 300 memberships have been sold, Daves said.
"I was always certain that Jack and I had created something extraordinary at the Concession," Jacklin said in a statement.Daves said he is hopeful the magazine will eventually rank the Concession among its annual listing of "America's 100 Greatest" courses.
Tuesday, November 21, 2006
The Oaks Club Side
Beautiful Oaks home with guest house. excersise room and pool side gourmet kitchen over looking the green of the 13th hole of the Heron course. This new listing is an Oaks favorite !!
Thursday, November 09, 2006
The Oaks Club Eagle Course Renovation
Mark Cardon's article in today's Herald - Tribune
The Oaks has unique grass from tee to green
As board member Dave Stewart likes to say, Arthur Hills may have outdone himself on this project.
The Oaks Club in Osprey hired Hills to renovate and improve its Eagle course. He is no stranger to area golfers, having designed the Groves at The Meadows, Heron Creek in North Port and, most recently, River Strand in Manatee County.
Armed with a $5.5 million budget, Hills has made the Eagle more picturesque and challenging. Also more playable, thanks to a new strain of grass called Paspalum Supreme.
Developed by Dr. Ron Duncan, former professor of Crop and Soil Sciences at the University of Georgia, Supreme can be irrigated using alternate water sources, including salt water and waste water. Plus, there is no need to overseed it.
The Oaks will be the first course in the country to feature Paspalum Supreme from tee to green.
But what does the unique grass really mean to members and guests of The Oaks and its reciprocal players?
For starters, every shot will be like hitting off of an expensive, plush carpet. Except for Hills' penchant for installing undulation from tees to greens, you may not get a bad lie on the golf course.
Hills enjoys water views. On the Eagle, he brought the water closer on nine holes. Also, he made the course 300 yards longer, measuring 7,000 yards from the back tees.
Page Dunlap Halpin, a former All-American at the University of Florida and a former player on the LPGA Tour, has been a member at The Oaks since 2000. She is excited about the changes.
"You will have more freedom off the tee," she said. "But you also will have more demanding approach shots.
There will be more challenges going into the greens."
Quite possibly, the Eagle will be ready for play in late February.
Once the Eagle is completed, the club has hired Pete Dye to redo the Heron Course.
In three to five years, The Oaks will have a completely new face lift.
The Oaks has unique grass from tee to green
As board member Dave Stewart likes to say, Arthur Hills may have outdone himself on this project.
The Oaks Club in Osprey hired Hills to renovate and improve its Eagle course. He is no stranger to area golfers, having designed the Groves at The Meadows, Heron Creek in North Port and, most recently, River Strand in Manatee County.
Armed with a $5.5 million budget, Hills has made the Eagle more picturesque and challenging. Also more playable, thanks to a new strain of grass called Paspalum Supreme.
Developed by Dr. Ron Duncan, former professor of Crop and Soil Sciences at the University of Georgia, Supreme can be irrigated using alternate water sources, including salt water and waste water. Plus, there is no need to overseed it.
The Oaks will be the first course in the country to feature Paspalum Supreme from tee to green.
But what does the unique grass really mean to members and guests of The Oaks and its reciprocal players?
For starters, every shot will be like hitting off of an expensive, plush carpet. Except for Hills' penchant for installing undulation from tees to greens, you may not get a bad lie on the golf course.
Hills enjoys water views. On the Eagle, he brought the water closer on nine holes. Also, he made the course 300 yards longer, measuring 7,000 yards from the back tees.
Page Dunlap Halpin, a former All-American at the University of Florida and a former player on the LPGA Tour, has been a member at The Oaks since 2000. She is excited about the changes.
"You will have more freedom off the tee," she said. "But you also will have more demanding approach shots.
There will be more challenges going into the greens."
Quite possibly, the Eagle will be ready for play in late February.
Once the Eagle is completed, the club has hired Pete Dye to redo the Heron Course.
In three to five years, The Oaks will have a completely new face lift.
Tuesday, November 07, 2006
The Oaks Golf Course Renovation
Oaks member update.
RE: Eagle Golf Course 5 million plus renovation project.
Holes 10-18 have been completed and grassed and are now growing in. They expect these holes to be ready for play some time in January. Sod installation is currently being done on the 8th hole and the contractors will continue to work backwards to hole #1. Grassing is expected to be completed in early December and the expected opening of the front nine will be determined once grassing is complete and starts to grow in. Although the new grass, Sea Isle Paspalum Supreme, does not go dormant, they will still be hoping for some nice weather during December, January & February. Their architect, Arthur Hills, continues to visit every four weeks and is very excited about the new golf course.
RE: Eagle Golf Course 5 million plus renovation project.
Holes 10-18 have been completed and grassed and are now growing in. They expect these holes to be ready for play some time in January. Sod installation is currently being done on the 8th hole and the contractors will continue to work backwards to hole #1. Grassing is expected to be completed in early December and the expected opening of the front nine will be determined once grassing is complete and starts to grow in. Although the new grass, Sea Isle Paspalum Supreme, does not go dormant, they will still be hoping for some nice weather during December, January & February. Their architect, Arthur Hills, continues to visit every four weeks and is very excited about the new golf course.
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