Lahontan Real Estate – Tremendous ValueShane Jones, August 24, 2017 in Amenities, Community, Golf Club, Lahonton, Real Estate, Value
Lahontan Golf Club always stands out as a community with tremendous value due to the timeless amenities and private golf experience. There is no doubt that Martis Camp has been getting all the attention lately and for good reason, but many people tend to overlook the serenity of Lahontan and the fact that both communities were developed by DMB Highlands management team who perfectly executed their vision for both clubs. Lahontan echoes Tahoe’s past, the historic grand estates and summer lodges, and the lifestyle that accompanied them. Although the club is true to the tradition of golf, they are ever evolving with the times. Their largest growing demographic is young families, and they have kept up with the times over the years including a $1.2 million dollar renovation back in 2014 to the Lahontan Camp Amenity as well as Club House renovations and a new Practice Faciltiy. Their programs encompass all generations and the feeling of community is ever present as can be seen in their Camp Lahontan Programs & Activities
When looking for a value in a private club atmosphere, Lahontan should be in the forefront of your mind. Lahontan became a fully member owned golf club in 2009. With that, there is exceptional membership pricing opportunities as they are a full club with 350 members. There are membership opportunities available via a market pricing list and today the best lowest price is $30,000 with annual dues of $16,300. These annual dues have been approved and locked in for 2018. This includes all social amenities, the 18-hole Tom Weiskopf Championship Course, and a 9-hole Par 3 course that is a great way to enjoy golf with beginners and kids. As mentioned above, Lahontan is continuously seeking to improve their amenities and program offerings to their membership and with their unwavering financial stability, have been able to do so without any assessments. The HOA dues have only gone up $50 per quarter since 1997 and the golf club dues have only increased $3,800 in the last decade.
Insofar as the opportunities to purchase lots and homes at Lahontan, the price per square foot is as good a value as you can find. All properties were sold out from the developer over a decade ago and are available for individual resale. The median price point for a single family home sold this year is $2.4M to be a part of a community that has maintained its timeless appeal while weaving in contemporary architecture into the common fabric of the surrounding homes.
– 509 total homesites
– 259 homes completed
– 906 total acres with 300 acres of open space
– 60 privacy lots
– 21 homes currently under construction and 12 starts
– No assessments since membership took over in 2005
– Average age of club is 58