Monthly Archives: March 2010

Fore! at Barefoot Resort and Golf on South Carolina’s Grand Strand

South Carolina’s Grand Strand has been, for decades, a mecca for tourists, second homeowners, and retirees seeking a sublime escape. Stretching from Cape Fear, North Carolina to Georgetown, South Carolina, it consists of more than 60 miles of essentially uninterrupted Atlantic Coast beachfront. But its pristine beaches aren’t the only contributor to the region’s popularity as a tourist destination.  There’s also golf — lots and lots of golf. The Grand Strand is home to more than 125 courses, (more than 1,800 holes of golf) — all kinds — all sizes — all skill levels – designed by a bevy of celebrity golf course architects. And the best part of Grand Strand golf is that the vast majority of the facilities are open to the public.

Located in North Myrtle Beach, Barefoot Resort and Golf is marking its 10th anniversary this year.  Barefoot is one of the most popular destination golf resorts in the country having four championship layouts designed by golf greats Greg Norman, Pete Dye, Davis Love III and Tom Fazio. Barefoot Beach Resort is well known for the most highly anticipated debut in golf history with the opening all four of its acclaimed layouts on the same day on April 13, 2000.  But the amenities don’t end with golf. A 40,000 square foot clubhouse; an 8-acre Resident’s Club including fitness facilities, an outdoor pool with lap and wading areas, lighted tennis courts, a variety of kid-friendly features, restaurants, a private Beach Cabana with a furnished sundeck, beach showers, and privileged beach access and much more make Barefoot a unique resort community.  Future plans call for the development of a hotel, marina and water complex, a town center, and a full-service spa.  Centex Homes, rated “Highest in Customer Satisfaction with New Home Buyers” by J.D. Power and Associates, is the master builder offering a broad array of single-family homes, townhomes and villas. In the spirit of celebrating its past and in excited anticipation of its future, Barefoot will be offering a variety of promotional packages this spring.

Vacation Home Investment in Mesmeric Mexico

Colorful, vibrant, miles of pristine beaches, crystalline bodies of water, and an abundance of resort opportunities come to mind when we think of Mexico.  But in recent years, it has evolved into a safe haven for real estate investment, offering attractive home ownership opportunities in an environment that is undergoing significant growth. While much of the early development in Mexico had been highly commercial in nature, focusing on all-inclusive and timeshare resorts, as ownership laws and lending practices have become more “Americanized” private community development has taken flight, appealing to second home owners, and ex-patriots from all over the world who are seeking a more cost-efficient way of life upon retirement.

Cabo San Lucas, Cancun, Puerto Vallarta – all recognizable Mexico resort destinations that have attracted visitors for decades. Unlike these resort locations, Mazatlán has roots in a tradition of trade and commerce, coming late to the discovery that its miles and miles of sand beaches translated to tourism opportunities.  In this regard, it’s towns and city centers have a prevalent historic nature not often found in Mexican resort locations. Situated on the Pacific Coast of Mexico, almost directly across from the tip of the Baja peninsula, Mazatlán was first colonized by the Mayans.  The name, which means “place of the deer” in the native Nahuatl language, speaks to the region’s remarkable scenic beauty.  Set at the foot of the Sierra Madre Mountains on a peninsula that extends into the Pacific Ocean, Mazatlán boasts Mexico’s largest commercial port and has its own international airport and car ferry service for trips across the Gulf of California to La Paz.  Interestingly, the City is segregated into two distinct areas: Zona Dorada (Golden Zone) where the majority of hotels and restaurants are located, and El Centro, the downtown, or “heart of the city.” Since 2000, the historic downtown has been undergoing a major restoration of many of its buildings including the famous Plaza Machado. The two city centers are linked by Avenue Del Mar, also known as the Malecón, a scenic beachfront walkway connecting the two destinations.

Estrella del Mar Golf and Beach Resort is being developed as an “American” master-planned community approximately ten minutes from Mazatlán’s International Airport and less than 30 minutes from the heart of the city. The 800-acre oceanfront luxury resort community offers overnight villa accommodations for visitors, and condominiums, and estate beachfront and golf course lots for ownership.  The community is anchored by an 18-hole beachfront golf course designed by legendary Robert Trent Jones, Jr. and is rated amongst the best golf courses in Mexico.  An on-site Turtle Preserve dedicated to protecting sea turtles and other precious wildlife speaks to the environmental sensitivity of the Estrella del Mar development.

On Top of the World – Asheville, North Carolina Remains a Top Pick for Second Homes and Retirement

If you’ve ever driven the Blue Ridge Parkway, you know the feeling. Breathtaking vistas for miles around are picture-postcard perfect.  A temperate four-season climate, abundant recreation and extensive and diversified housing opportunities have been attracting visitors and new residents to the western North Carolina Mountain Region for decades. Strategically located less than a days’ drive of 70 of the nation’s top 100 metropolitan areas, the region is uniquely suited as a second/vacation home destination. A significant influx of retirees and pre-retirees has spawned a variety of ancillary services and amenities.  As part of the local campus of UNC, the Asheville-based North Carolina Center for Creative Retirement is today regarded as one of the nation’s top institutions for adult learning.

Nestled amongst majestic mountains, the eclectic city of Asheville has popped up on many national rankings over the years including AARP’s “Best Places to Reinvent Your Life,” and “The 50 Most Alive Places To Be.” American Style magazine recognized it as one of “America’s Top 25 Arts Destinations,” and it has also been cited as one of the happiest places in the U.S. in Eric Weiner’s 2008 book, The Geography of Bliss. Therefore, it was not surprising that it showed up on Barron’s 2009 rankings of the “Best Places for Second Homes.” Currently available luxury homes located in and around the Asheville market are priced from $600,000 to several million dollars for an average list price of $1.2 million.

Just a short drive from Asheville is Burnsville, the “Gateway to Mt. Mitchell,” the highest point east of the Rockies and home to The Preserve at Wolf Laurel.  The 1,300-acre master-planned community marks the final phase of the larger Wolf Laurel Resort development.  The community’s established environment and copious in-place amenities make for a distinct sense of community.  “Down home pleasures” are commonplace at The Preserve and have included the gathering of 700 residents for a 4th of July celebration. This spirit of community lifestyle is showcased in the preservation and restoration of the The Buck House, the former homestead of original property owners David and Pearl Buck and their eight children.  Eighty-five percent of the 13-room Colonial Revival structure’s wood is original, and the property, which is operated as a B&B to accommodate potential property owners, is listed on the National Register of Historic Places.

California Dreamin’ – Golf and Luxury on the Monterey Peninsula

A leader for 85 years in wealth analysis, Barron’s, recently named Pebble Beach #6 on its list of the “10 Best Places in America” for second homes.  Located on the Golden State’s pastoral Monterey Peninsula, Pebble Beach has long been known for its superlative golf.  Rated the #1 public golf facility in America by Golf Digest for 2009-10, the Pebble Beach Golf Links have hosted four U.S. Opens and will be the site for the 2010 challenge slated for June 14-20.  But Pebble Beach isn’t the only game in town. There are more than 20 other golf opportunities, some of which are located within the verdant Del Monte Forest, which surrounds the community of Pebble Beach.  Estate homes, with panoramic views of Monterey Bay are abundant.  According to Barron’s, the median home value in the marketplace is $1.1 million reflecting a 20% reduction from peak pricing.

Just minutes from Pebble Beach lies the quaint seaside village of Carmel.  Well-known as the home of Clint Eastwood, a former mayor of Carmel, this charismatic town has been a world-renown destination resort and artist colony since the turn of the last century.  California’s “jewel city” is at once eclectic and bucolic and has been cited as the “dog-friendliest” city in the country.  From inception, preservation of the natural environment has been a vital consideration as the city founders constructed roads to weave around existing trees in an effort to preserve the area’s ambiance.

And the concept upon which the town was founded has never been forgotten.  Sustainable development is the principle upon which Tehama is emerging.  This contemporary development overlooking Carmel Bay comprises 2,000 rolling acres but is planned for just 90 homesteads.

The development of Tehama, which is a Native American word meaning “abundance of nature,” has been guided by Clint Eastwood’s dedication to sustainable development – more than 85% of the land has been permanently preserved as open space and the project has been honored with California’s Golden Bear Award for diligent protection of the environment.  In addition to its abundant natural assets, the community includes an 18-hole Jay Morrish-designed golf course, tennis, swimming and fitness facilities.

National Builders Heed the Call for Smaller Homes

For the first time in more than 30 years the American home is shrinking.  According to the National Association of Home Builders, the median home size grew continuously between 1973 and 2008, when it shrank 11%. NAHB also reports that 90% of homes built by its members in 2009 were smaller than those constructed in 2008, and 59% of builders surveyed in 2009 plan to build smaller homes in 2010.

In direct response to the new frugality imposed upon homebuyers by an economy that continues to frustrate, “value” is, once again, driving sales. The “smaller is better” momentum has been jump-started by downsizing Baby Boomers who no longer embrace conspicuous consumption. Austerity has become the new buzzword, and conservation the mantra of a generation that spawned the McMansion. But the Baby Boomer whose chicks have flown the coop has something in common with the up and coming next big generation, aka the Millennials. Those born between 1979 and 1993 have yet to start families, making their housing aspirations similar. The shear depth of this potential consumer group will continue to fuel the ensuing wave of “small is better” housing demand. As early as this year, the “Millennial” homebuyer could outnumber the Boomer, supplanting them as the group having the most impact on the housing industry in contemporary history. There will be five million more of them than there were Boomers when that generation first began swelling the housing market. That said, GenY’s comparatively moderate incomes will keep affordability on the front burner.

Production builders are rallying to the cry for affordability as competition from foreclosed properties has served to raise the bar on what constitutes affordable. The most efficacious way they have found to lower prices is to downsize.  San Diego-based Newland Communities, Centex Homes and Lennar have all introduced smaller versions of some of their most popular floor plans resulting in the ability to lower prices and meet demand that continues to be fueled by the new frugality mentality.  This strategy has worked well, particularly in light of the tax incentive program for first-time homebuyers. At Centex Homes’ RiverMist at Dutchman Village, single-family home sizes begin at approximately 1,400 square feet. At Lennar’s Colonial Heritage in historic Williamsburg, VA, single-family homes begin at 1,475 square feet and the largest is approximately 2,500 square feet.  At Newland Communities’ FishHawk Ranch single-family home sizes start at approximately 1,300 square feet. While downsizing has resulted in lower prices, quality has not been neglected and many upgrades are now standard features making these little “jewel boxes” a win-win opportunity.

Rural Romance – Second Home Owners Seek Private Communities in Out of the Way Places

The increasingly popular anti-sprawl movement that promotes compact community design, walkability, and neighborly socialization is known as “New   Urbanism.” The sister model associated with satisfying contrasting demand for unencumbered space is known as “New Ruralism.”  In its truest form, this very private community concept focuses on a deep and abiding connection with the land, and accommodates uses that are atypical in a more structured environment, such as farming and equestrian activities.

City and suburban dwellers alike, weary of the congestion associated with civilization and longing to own a tractor  – or at least a pickup truck and a couple of large dogs — are finding their way to the outer “exurban” limits of metropolitan areas in an effort to satisfy an innate desire for a relationship with Mother Nature.  If you find yourself tired of crowded highways and a high-density lifestyle, and are desirous of an environment synonymous with Walden Pond, a family compound may satisfy your craving.

Owners of large open spaces are often motivated by a desire to preserve the land in its natural state and consider themselves stewards of the environment. While many use their property purely as a recreational venue, a growing number are opting for full-time rusticity.

A property such as Shoal Falls Farm can satisfy either inclination. This 145-acre property is located midway between Brevard and Hendersonville in western North Carolina, both of which have eclectic and vibrant downtowns and abundant community services and cultural activities. The historic city of Asheville is just minutes away, while the bucolic surrounding area includes the 10,300-acre DuPont State Forest with miles of walking, biking and horseback riding trails that are easily accessible from this very private retreat.  The property boasts 65 acres of mature hardwood forest, 80 acres of pasture, and twin 45-foot waterfalls and creeks meandering throughout. Two farm homes, a barn apartment and a log cabin can provide full or part-time residence for family, extended family, and vacationing guests.  Shoals Falls Farm also has conservation easement potential that can provide substantial tax savings while serving to sustain the property’s pristine ecology.

Seductive Seconds – Luxury Second Homes Lure Americans to Exotic Locations

Ah . . . the seduction of a getaway in an exotic location.  Second home sales have begun to gather momentum again as buyers recognize that prices have never been better.  Due to its relatively recent emergence on the second home market radar, Curacao is one of the best-kept getaway secrets in the Caribbean. Its location off the coast of Venezuela suggests it is a part of South America, but this gorgeous transcontinental island is actually one of the five island territories that comprise the Netherlands Antilles. Curacao is a culturally rich, polyglot society – a veritable melting pot of ethnicities.  Most residents speak many languages including the native creole Papiamentu, which derived from Portugese, as well as Dutch, Spanish and English.  The history and culture of this island territory is most evident in Willemstad, a world-class capital and port city and a United Nations Heritage Site. There are some 750 historic buildings in Willemstad which merit preservation, including the Mikve Israel – Emanuel Synagogue, the oldest synagogue still standing that has been continuously used for religious services. Built in 1730 by a Sephardic Jewish community that had relocated to Curacao from Amsterdam, the structure’s simple sand floor contrasts sharply with the regally appointed sanctuary accentuated by huge brass chandeliers and candelabras.

Willemstad Harbor

But Curacao has more than history to offer.  It is, perhaps one of the best-known deep-sea fishing and reef diving venues in the world with more than 60 locations for scuba diving and snorkeling.  The island’s coastline is diverse and features many bays and inlets, most of which are suitable for mooring.  And Willemstad offers more than 200 shops, restaurants, casinos and nightlife spots in its historic downtown. One of the most recent developments on the island has been the construction of the five-star Hyatt Regency Curacao, which is located within the island’s newest resort community, Santa Barbara Plantation.  The 350-room property is accepting reservations beginning April 20, 2010.  The 1,500-acre Santa Barbara Plantation is surrounded on three sides by the Caribbean and boasts a full service marina and “Old Quarry,” an 18-hole Pete Dye golf course.

The Worth of Wellness – Private Community Amenities Focus on Health and Wellness

Add to My Yahoo!

As 78 million Baby Boomers reluctantly march toward their “golden years,” they are taking no prisoners. Long known for having mega-influence on all kinds of trends, this massive group of active achievers has made “wellness” into a buzzword for community development.

Well known for an unparalleled portfolio of high quality golf and recreational-oriented communities, The Cliffs Communities have become equally acknowledged for their “wellness culture.” In addition to golf, tennis, boating, hiking, biking, etc., each of the Cliffs’ private residential communities has a Wellness Center, the focus of which is to enable residents to recognize and utilize their own resources for health and wellness by providing them with the tools necessary to achieve their individual goals. In this regard, the toolkit keeps getting bigger and better with each new community.

The Cliffs at Keowee Springs, one of three Cliffs communities located on Lake Keowee in Sunset, SC is perhaps the most exemplary of the company’s health and wellness philosophy. Designed as a multi-generational family wellness destination resort, the community boasts a 50,000 square foot Wellness Center and a 23,000 square foot, full-service Spa. As a complement to all of The Cliffs communities, which are within a one to one and one-half hour drive of each other, the company has opened a fully staffed primary care medical facility. Preserve Health is located within The Village at The Cliffs at Mountain Park in Travelers Rest, SC. It offers primary medical care to all property owners, residents and employees of The Cliffs Communities as well as residents and visitors to northern Greenville County, SC. But those are just the boxes — it’s what’s inside that counts.

Cliffs at Keowee Springs

Wellness initiatives and activities include guided hiking, biking, fishing, canoeing, kayaking, swimming, etc. Classes in aerobics, Yoga, Pilates, spinning, cooking and crafts are also offered, as well as forums on volunteerism, and healthy eating guided by a team of wellness experts. Clubhouse dining emphasizes healthy menu options, and proper serving proportions speak to the Baby Boomer’s passion for food and the role it plays in wellness. Golf is a mainstay at all Cliffs Communities. A recent addition to the Cliffs at Keowee Springs’ amenity roster is the International Institute. Noted Australian golf coaching team of Steve Bann and Dale Lynch provide expert instruction in a state-of-the-art teaching facility modeled after the Victorian Institute of Sport in Melbourne. The training incorporates a variety of factors including diet, mental and physical attributes.

While many communities talk the talk, The Cliffs Communities walk the walk. All associates are afforded the opportunity to have a wellness coach in order to achieve their individual goals.