BC Business
Nine major developers are using top-grade golf courses to sell top-dollar homes. Bear Mountain Resort Developer: Len Barrie Location: Victoria Golf course: Two 7,000-yard courses designed by Jack Nicklaus Membership cost: $35,000 plus $375 in monthly dues Real estate: 1,112 house lots, 220 townhouses, 1,997 condos Real-estate cost: House lots, $260,000 to $1.7 million; townhouses, $700,000 to $1.6 million; condos, $189,000 to $1.8 million Course opens: The first course opened in 2003; the second opens in 2009
Bear Mountain Resort Developer: Len Barrie Location: Victoria Golf course: Two 7,000-yard courses designed by Jack Nicklaus Membership cost: $35,000 plus $375 in monthly dues Real estate: 1,112 house lots, 220 townhouses, 1,997 condos Real-estate cost: House lots, $260,000 to $1.7 million; townhouses, $700,000 to $1.6 million; condos, $189,000 to $1.8 million Course opens: The first course opened in 2003; the second opens in 2009
Black Mountain Developer: Melcor Developments Ltd. Location: Kelowna Golf course: 6,400 yards designed by Cook Carlton Membership cost: Public golf course Real estate: 300 house lots, 350 condos Real estate cost: Condos start at $275,000; house lots, $500,000 to $1.5 million Course opens: Spring 2009
The Cliffs Over Maple Bay Developer: Warren Paulin Location: Maple Bay Golf course: 6,900 yards designed by Greg Norman Membership cost: Not yet announced Real estate: 360 house lots, 30 condo units, hotel units not yet announced Real estate cost: House lots start at $200,000 for lake view, $300,000 for ocean view Course opens: Not yet announced
The Rise Developer: Okanagan Hills Development Corp. Location: Vernon Golf course: 7,000-plus yards designed by Gene Bates Membership cost: Memberships only available to home buyers, cost has not been announced Real estate: 660 house lots; 550 hotel/condo units Real-estate cost: House lots, $189,900 to $429,000; villas, $599,000; houses, $741,900 Course opens: Spring 2008
Sagebrush Golf & Sporting Club Developer: Richard Zokol Location: Merritt Golf course: 7,471 yards designed by Rod Whitman Membership cost: $200,000 plus $5,000 annually Real estate: 37 house lots Real-estate cost: $450,000 to $750,000 Course opens: Summer 2008
Tobiano Developer: Pagebrook Inc. Location: Kamloops Golf course: 7,328 yards designed by Thomas McBroom Membership cost: $4,000 Real estate: 600 house lots, 500 townhouses, three hotels Real-estate cost: House lots, $284,900 to $506,900; townhouses, $399,900 to $729,900 Course opens: April 2008
Tower Ranch Developer: Real estate, Intrawest; golf course, Aberdeen Golf Construction Inc. Location: Kelowna Golf course: 7,212 yards designed by Thomas McBroom Membership cost: Starting at $10,000 with costs increasing to $15,000 for later members Real estate: 700 mixed houses and townhouses Real-estate cost: Lot and house start $600,000 Course opens: July 2008
Wildstone Developer: Havaday Developments Inc. Location: Cranbrook Golf course: Two courses at 7,000-plus yards designed by Gary Player Membership cost: $10,000 plus $2,700 in annual dues; reserved for property owners Real estate: 2,500 units of mixed house lots, townhouses, condos and hotel Real-estate cost: House lots starting at $200,000; other prices not yet announced Course opens: Spring 2009
Wyndansea Oceanfront Golf Resort Developer: Marine Drive Properties Location: Ucluelet Golf course: Course designed by Jack Nicklaus, length not announced Membership cost: Not announced Real estate: 30 house lots, 180 condo/hotel units Real-estate cost: House lots start at $1.2 million Course opens: 2011