Of the courses I have played and seen, Pinehurst Course No. 4 is at the top of my list in this category. Built on a wonderful piece of rolling terrain as well as the neighbor to Course No. 2, this one should have been much better.
The resort's goal was to have Tom Fazio build a golf course similar to something that Donald Ross would have built and some of the things that resulted were:
Pot Bunker Clusters – It seems that these bunkers were supposed to emulate something that Ross designed at Dornoch. They have to be a maintenance nightmare and are not very pleasing to play out of.
Greens With Excessively Sharp Falloffs – The greens were built to emulate the run off areas similar to Course No. 2's greens. Many are too severe such as #1, #15 & #18.
Uninteresting Greens – Most of the greens were shaped and grassed in before the 1999 U.S. Open. Fearing that the speed of the new G2 greens with any undulation would be too much for the average resort player, the greens were built very flat and uninteresting (and very hard to read). The remainder of greens built after the Open, such as #16, have more internal contour to them but nothing of any interest. It seems they saw how well the greens on No. 2 handled the speeds during the Open and decided to add a little contour to some of the ones that remained to be built.
Course No. 1 Casualty - The resort wanted the golfer to be able to stand in the middle of #18 fairway of No. 4 and be able to view the south side of the clubhouse. To accomplish this, the green site for the old #18 had to be lowered over 30 feet. As a result, one of the best holes of the 90 in the complex, the 150 yard 18th hole on Course No. 1, was plowed under and a copy (?) of it was routed towards the clubhouse as well.
Again, a great piece of land with a golf course that didn't match up with the quality of the land and location.