Courses and Travel

Ready to invest in your dream golf home? It's a buyer's market

Photo: Scott Halleran/Getty Images

The International team posed for pictures with former President Bill Clinton.

Recessions aren't all doom and gloom. If you're ready to up the stakes and move to a new home — the kind with greenside views — there are plenty of deals to be had. Here's what three different budgets will buy you in the high-end golf community market, and what it'll cost you to live the good life once you're inside the gates...

What you'll get for... $500,000
Home: A 2,200-square-foot pad at Encanterra, A Trilogy Country Club
Where: San Tan Valley, Ariz. (40 miles east of Phoenix's Sky Harbor International Airport)
Golf: 18 holes, private (Tom Lehman)
Initiation fee: From $16,500
Dues: $300 golf dues, no food minimum; HOA or other monthly fees for residents: $125 social membership dues, estimated $75-$100 HOA dues
Other home prices: From the low $200,000s to $600,000
Extras: Tennis, three pools, four restaurants, events center, full-service spa, women's-only fitness area, private wine storage 480-677-8148,

What you'll get for... $1,000,000
Home: A spacious 3-BR with golf course views at Reynolds Plantation
Where: Greensboro, Ga. (75 miles from both Atlanta and Augusta)
Golf: Four 18-hole resort courses (J. Nicklaus, Rees Jones, two by B. Cupp), one 27-hole resort course (T. Fazio), one private course (J. Engh)
Initiation fee: From $65,000 to $110,000
Dues: From $133/month to $632/month, depending on membership
Other home prices: Sites from $100K to $2 million; cottages and villas from $250K-$750K; homes from $425K-to $4 million plus
Extras: TaylorMade Performance Lab; trails; marinas; tennis center 800-800-5250,

What you'll get for... $3,000,000
Home: A sprawling 4,200-square-foot villa at The Madison Club
Where: La Quinta, Calif. (Palm Springs area)
Golf: 18 holes, private (Tom Fazio)
Initiation fee: $200,000
Dues: $25,000 annual dues (paid in full in January) and monthly HOA dues of $1,080 (paid quarterly)
Other home prices: 193 home sites from $1.5 million. A limited number of deluxe villas are available from $4 million to $5 million
Extras: Resort-style swimming facility; an Outdoor Pursuits program that functions as a valet service for members; a snack bar by the fifth tee that serves up the likes of filet mignon jerky and duck cracklings 760-777-9320,

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