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Golf property

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Title: Golf property  
Author: World Heritage Encyclopedia
Language: English
Subject: Real estate, Buyer broker, Buyer agent, Property cycle, Garden real estate
Publisher: World Heritage Encyclopedia

Golf property

A golf course adjacent mansion in the wealthy Los Angeles neighborhood of Cheviot Hills. The neighborhood contains a total of two golf courses.

The term golf property is used to describe a niche in the property market: residential real estate linked to a golf course. Golf property can be in the ownership of the golf course or in proximity to the golf course. The idea of combining the design of a golf course with a subdivision housing property originated in the USA and is now found in many parts of the world.

In the United States, there are over 2,000 golf courses with surrounding residential properties. Homes, townhouses, and condos make up the majority of golf properties in the US. In recent years, the concept has gone global with golf communities stretching from Dubai to Australia. Legendary golfers such as Jack Nicklaus, Arnold Palmer, and Greg Norman have played a key role in the increased rate of development through partnership with national and global home builders including Lennar, Toll Brothers, and others.

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