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All Wet:
Wide Range of Homes
Available in Water-Adjacent
Golf Communities

GOLF

By Larry Gavrich, Founder & Editor,
Home On The Course, LLC

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Cypress Landing, Chocowinity, NC
Photo Credit: Larry Gavrich


Although the Carolinas offer the widest range of commanding land masses – from coastline to mountains and with plenty of interesting topographies in between – many of those relocating from elsewhere are drawn to water.

Water views in Carolina golf communities typically carry the highest price premiums.  Generally speaking, the most expensive homes and properties are located with ocean views, with prices typically starting above $1 million, even for homes of modest quality.  In lake communities that feature golf, homes with a water view typically command a premium of as much as 50% compared with homes on a treed lot or out in the open.  Homes with views of the golf course generally cost from 10% to 25% more than homes on wooded lots.

If you are a water bug as well as a golfer and crave a home either on or near ocean, lake or marsh, have faith; there are reasonably priced homes in some of the Carolinas’ nicest golf and water-oriented communities.  Below, I share the details for two homes currently for sale (as of the end of October) in each of four high-quality golf communities in North and South Carolina.  If you would like more information on any of these communities, or if you would like suggestions for the many dozens of other golf communities in the Carolinas that I have visited and reviewed, please contact me at editor@homeonthecourse.com.  If you are considering a visit, I can make arrangements and, in many cases, negotiate in your behalf for an extra round of golf or other accommodation.


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Cypress Landing, Chocowinity, NC
Photo Credit: Larry Gavrich


Cypress Landing, Chocowinity, NC

An under-the-radar golf community if ever there was one.  Typical of member-owned communities, Cypress Landing does not spend a lot on marketing; therefore, you can consider it a hidden gem.  Located on the Pamlico River, an extension of the Pamlico Sound that abuts the Atlantic Ocean, the community features homes with nice views of the river as well as the golf course.  This is a friendly, social community, and bringing along your boat will make it even easier to make friends quickly.  Homes here are more sharply priced than at other similar communities.  The city of Greenville, NC, is just 20 minutes away and features a university and outsized medical center.

Home #1:  4 BR, 4 BA, 3,050 square feet with two-car garage and golf and lake views.  $475,000. ($156 per square foot)
Home #2:  4 BR, 3 BA, 3,147 square feet with two-car garage. Partially wooded lot, short walk to Pamlico River.  $365,000.  ($116 per square foot)

 

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Bear Lake Reserve, view from tee, Tuckasegee, NC
Photo Credit: Larry Gavrich


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Bear Lake Reserve, practice range, Tuckasegee, NC
Photo Credit: Larry Gavrich


Bear Lake Reserve, Tuckasegee, NC

You won’t find a more beautiful combination of lake and mountains than at Bear Lake Reserve, a half-hour drive from the popular mountain town of Cashiers.  Unusually, the developers at Bear Lake commissioned only nine holes of golf – seven par 3s, two par 4s – from the Nicklaus Design Group, but what holes they are, diving and soaring across the most breathtaking piece of property in the community, the summit of the 2,600-foot mountain.  Golf is complimentary for owners in Bear Lake, and the practice range alone is worth the fair prices charged for real estate.  Bear Lake is a vacation resort as well, so prospective buyers can kick the tires before they commit.

Home #1:  2 BR, 2 BA, 1,280 square foot condo, views of mountains and a walk to the Lake Club.  $209,900. ($164 per square foot)
Home #2:  4 BR, 3 ½ BA, 3,188 square feet sold fully furnished with mountain sunset views.  $399,000 ($125 per square foot).

 

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Pawleys Plantation, Pawleys Island, SC
Photo Credit: Larry Gavrich


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Pawleys Plantation, Pawleys Island, SC
Photo Credit: Larry Gavrich


Pawleys Plantation, Pawleys Island, SC

The Jack Nicklaus golf course is semi-private, which means you can either join and play as much golf as you want without payment of green fees, or you can pay as you play.  In either case, the golf course is challenging and scenic, exploding out onto the marsh that separates it from the island and ocean.  Pawleys Plantation is an eclectic mix of single-family homes and townhomes, but it seems to work thanks to mature landscaping. There is no major body of water inside the gates, just a bunch of lagoons and water-filled marshland, but the drive to the beautiful ocean beach on Pawleys Island is just six minutes.  (Note: Your correspondent has owned a vacation condo here for 20 years.)

Home #1:  6 BR, 6 BA, 6,300 square feet overlooking the 17th green and a wide expanse of marsh. The most dramatic home in the community, built in 1930 as a hunting and fishing compound, includes three separate buildings.  $980,000. ($155 per square foot)
Home #2:  3 BR, 2 BA, 2,300 square feet.  Considered a “patio home” for its tidy-sized lot (.20 acre).  $284,900. ($124 per square foot)

 

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DeBordieu Colony Clubhouse, Georgetown, SC
Photo Credit: Larry Gavrich


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The beach at DeBordieu Colony, Georgetown, SC
Photo Credit: Larry Gavrich


DeBordieu Colony, Georgetown, SC

From the French, DeBordieu translates as the “borderland of God.”  As you stand on the community’s beautiful three-mile long beach, you can believe it. Debby-doo, as many locals call it, is unusual in that it is both a golf and ocean beach community in a state whose coastline is open to the public.  But since the gated community is private, any beachgoers from elsewhere must swim, boat or helicopter their way in.  In other words, the beach is essentially for DeBordieu residents only.  So too is the fun and challenging Pete Dye golf course.

Home #1:  5 BR, 3 BA, 2,401 square feet, a short golf cart ride to the beach and located beside the tee box of a par 3.  $495,000. ($206 per square foot)
Home #2 (lot):  .75 acre with ocean views and location on a navigable creek.  Count on costs of $175 to $225 per square foot to build a home; or about $500,000 for a 2,500 square foot home.  Lot listed at $475,000.


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