Golf Membership Condos in Pinehurst NC | Condos in Pinehurst
Buying a condo in Pinehurst as a second home or investment property offers many potential benefits. Aside from an opportunity to reap the financial benefits of any future appreciation in the property, condo owners have the ability to join one of the most famous golf clubs in the country, Pinehurst Country Club. A good percentage of the homes in Pinehurst (including condos and townhomes) come with “transferrable memberships.” This means the seller has an active Pinehurst membership on his/her home and that any new owner has the ability to pay a fee (transfer fee) to maintain that membership as the new property owner. The current transfer fee is $12,000. Monthly dues for Pinehurst members range from $82 for Social to $335 (Courses 1-6) for Full.
Before initiating your search for a condo, ask yourself the following questions: 1) Do you want a Pinehurst membership? If you’re not an avid golfer, you may be better off searching for a Pinehurst condo without an active membership. Keep in mind that membership properties are priced higher than non-membership properties since it currently costs $40,000 for a new membership on non-membership properties versus the $12,000 transfer fee for membership properties. 2) Do you want to rent your condo out on a short-term rental program and, if so, what do you expect or need to receive in income? These programs are great for owners who only spend a few weeks out of the year, but the annual net income is not as substantial as many initially expect.
The good news is that there are always plenty of Pinehurst condos to choose from at any given time. The brown colored wood exterior condos that line the fairways of courses 3 and 5 are real popular to buyers seeking a Pinehurst membership condo priced between $140,000 and $180,000. Some of the more popular condo and townhome subdivisions are: Aronimink, Brae Burn, Bretton Woods, Colonial Pines, Cotswold, Erin Hills, Golf Terrace, Juniper Creek, Lake Pinehurst, Lakeview Condos, Lamplighter Village, Lawn and Tennis, Linville Gardens, Pine Valley Condos, Prince Manor, St. Andrews Condos, Villas at Forest Hills, and Westlake Point. Click here to search for available condos within specific areas, all of Pinehurst or anywhere in Moore County. This link is a great resource for anyone researching Pinehurst real estate; it include information on many popular golf communities.
When you’re ready to start your search or if you have any questions, contact Broker/REALTOR® Todd Kenthack of The Pines Realty in Pinehurst at (910) 603-9050, or at Todd@GolfHomesInPinehurst.com.
