Fresh Powder and Fairways: How Golf Is Turning Mountain Living on Its Head

For some wealthy buyers, the golf club is the new ski lodge. While slopeside homes have long been considered the pinnacle of luxury mountain living, a number of affluent homeowners are now choosing pricey golf communities in ski towns instead, seeking access to mountain homes with year-round activities. Meanwhile, as public resorts grow crowded, these clubs offer an escape through members-only ski lodges and concierge services.

Ski-in, ski-out homes will always trade at a premium, but the gap between ski and golf is narrowing, says Chris Messick of Summit Sotheby’s International Realty in Park City. “If skiing is your big driver for purchasing property, you still have a good chance of ending up at a golf community,” he says.

Home Prices Exploded in Park City. These Towns Are Taking Advantage.

Many home buyers are now opting to bypass Park City in favor of properties located on the city’s outskirts, near smaller towns like Heber City, Midway and Kamas. There has been an explosion of luxury home developments in these areas, some new and some that have been filling up over the past decade, offering both golf courses and ski amenities—everything from shuttle buses and on-mountain private lodges to private ski hills. The interest is creating new million-dollar towns.

Prices continued to rise in most luxury ski towns this past year, but none grew as much as Park City, a former silver mining town 32 miles east of Salt Lake City. The average home sale price there grew 35% in 2023 from 2022, compared with a 9.4% increase at Vail and Beaver Creek and 3.2% at Aspen, according to the resort report by Summit Sotheby’s International Realty. 

PulteGroup Announces Return to Salt Lake City, Utah Market

After nearly two decades, one of the nation’s largest homebuilders, PulteGroup, Inc. (NYSE: PHM) has announced plans to reenter the Salt Lake City market. Beginning with two new construction communities under its Pulte Homes brand, the Company will offer single-family homes and townhomes in Jordanelle Ridge, a new master planned community in Heber. Both communities are expected to grand open in early 2024.

Cross Lake Partners, GreenPointe Developers, and Rivers Residential Announce Completion of The Easton Riverview, a 300-Unit Multifamily Complex in Tampa

Cross Lake Partners, GreenPointe Developers, and Rivers Residential proudly announce the completion of The Easton Riverview, a luxury apartment complex in Riverview, Fla. With spaces that emphasize community, sophistication and technology, residences at The Easton Riverview are a fresh experience for modern living in Tampa. Adjacent to a Publix-anchored retail center and minutes from I-75, the 300-unit complex offers convenient access to major employers and popular retail. The Easton Riverview began leasing in October 2022 and is now over 95% leased.

"The Easton Riverview provides high-end apartment living in a submarket easily commutable to several major job nodes. We have witnessed the growth in the South Hillsborough submarket first-hand over the past 15 years through our master-planned community development work, and we continue to believe in this submarket for the long-term" said Jon Shumaker, Co-Founder of Cross Lake Partners.

Tiger Woods golf course to anchor new exclusive golf-ski community near Park City

Golf balls fly farther at higher elevations, and Tiger Woods is well aware of that fact. He was clearly able to account for it as a championship golfer, and the knowledge will now benefit his more recent ventures as a golf course designer in Utah.

Woods’ design firm, TGR Design, has already built nearly a dozen courses throughout the world. Now, they will add to their portfolio a new 18-hole course in Wasatch County, between downtown Heber City and the Jordanelle Reservoir. At 8,000 feet long—the longest in Utah—the new course will be part of a master-planned community and ski-golf club, Marcella Club.

The course has 360-degree views, including the Uinta Mountains, Jordanelle Reservoir, Deer Valley Resort and the Heber Valley with Mount Timpanogos in the distance. Woods said in a company announcement that this is one of the most dramatic canvases he’s ever worked with. “It has ridgelines with some of the most stunning views in the world, valleys with amazing contours and topography, and groves of trees that allow me to use creativity to bring to life a golf experience that’s something special,” he said.

Tiger Woods bringing new 18-hole golf course to Jordanelle area

Tiger Woods and his golf course firm, TGR Design, announced Tuesday that a championship golf course will be built near the new Mayflower Resort.

It’s the first TGR Design course in the Mountain West. The new championship 18-hole course will be the first of a 36-hole facility to be built at the Marcella Club. At 8,000 yards in length, it’s said to become the longest and highest-elevation golf course in the state.

The Marcella Club is a partnership between Marcella Mountain and Marcella at Jordanelle Ridge. Marcella Mountain, which is part of the new Mayflower Resort near the Jordanelle in Wasatch County, will include ski-in, ski-out homes. The golf courses will be built on the east side of U.S. 40 in a planned development called Marcella at Jordanelle Ridge.

Blaze Capital Partners and Cross Lake Partners Close Sale of 132-Unit Townhome Community in Summerville, SC

CHARLESTON, S.C. (October 10, 2022) - Charleston, South Carolina-based Blaze Capital Partners (“Blaze”) and Cross Lake Partners (“Cross Lake”) announce today the sale of Chamberlain Pines, a recently constructed 132-unit townhome community in Summerville, South Carolina, a suburb of Charleston.

Tishman Realty and Cross Lake Partners Announce the Acquisition of the Wyndham Grand Orlando Bonnet Creek.

ORLANDO, Fla., April 27, 2022 /PRNewswire/ -- Tishman Realty and Cross Lake Partners announced they have acquired the Wyndham Grand Orlando Bonnet Creek, a 400-room upper upscale hotel located at 14651 Chelonia Parkway in Orlando, Florida. The seller of the hotel was Wyndham Hotels & Resorts (NYSE: WH). HEI Hotels & Resorts, one of the top hospitality management companies in the U.S. with over 85 hotels under management, will assume property management of the hotel which was previously managed by the seller.

GreenPointe Developers And Cross Lake Partners Announce Closing Of Multiple Phases At Quay Sarasota Waterfront District

GreenPointe Developers and Cross Lake Partners proudly announce multiple closings at Quay Sarasota, a new mixed-use waterfront neighborhood destination with residential, retail, hotel and office opportunities under construction along downtown Sarasota's waterfront.