Although not the first of the modern desert courses, Desert Mountain,developed by Lyle Anderson, is the only residential golf complex with 6 Jack Nicklaus golf courses. Anderson started with Desert Highlands, the home of the first Skins Game, a few years earlier and has also developed Superstition Mountain in Arizona, Loch Lomond in Scotland, Las Campanas in New Mexico and Hokuli'a in Hawaii. Oh, to have purchased a lot with 2 memberships 20 years ago.
Here's Bill Huffman's article in today's East Valley Tribune:
Gamble survives to become 'World’s best golf community’
Bill Huffman, For the Tribune
It was 20 years ago this month that architect Jack Nicklaus and developer Lyle Anderson unveiled the Renegade Course at Desert Mountain, the first of six Nicklaus-designed layouts that ultimately defined the upscale northeast Scottsdale golf community.
I remember what the critics said at the time: A golf course like Renegade, which featured two flags/pins/cups on each hole, was too radical and was doomed to be a bust. And, oh, by the way, nobody is going to pay $150,000 to $275,000 for a golf course lot that is 45 minutes from downtown Phoenix even if two free memberships are part of the deal!
Today, Desert Mountain is 98 percent sold out with the remaining home sites being offered at an average price of $2 million each. The membership fee is now a staggering $325,000 (included with the price of the lot), meaning no club in the Southwest is more elite.
In retrospect, Desert Mountain was a spectacular gamble by Anderson that involved 8,000 acres of High Sonoran desert. Incredibly, he purchased the land for $45 million, or about the average sum of one month’s real-estate sales at Desert Mountain over the past 20 years.
Here's the rest of the article:
www.eastvalleytribune.com/story/88071