Pinehurst, NC Real Estate News

The following is provided by Todd Kenthack, Broker/REALTOR with The Cox Connection in Pinehurst, NC.  You may reach Todd at (910) 603-9050 or by emailing him at Todd@golfhomesinpinehurst.com.   Pinehurst and the surrounding Moore County area is not only one of the Word's most well regarded golf havens, with over 45 top quality golf courses, but a wonderful place to live!  The Moore County area, also know as "the Sandhills" offers residents a moderate climate, top-rated healthcare and plenty of choices when it comes to recreational activities, shopping and restaurants. In working with prospective buyers, I mainly come across two types: 1) those seeking an investment in the form of a golf getaway spot for several trips a year, and 2) those looking to relocate permanently to the area.  Bel...
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By Wayne and Lynda Gomillion
(Real Living Hagan Realtors | Pinehurst ~ Southern Pines, NC)
01-Aug-07 through 31-Aug-07 there were 49 Single Family Home Sales reported with a Average Sales Price $300,782; During the same time there were 08 New Listings entering the market at an Average Listing Price of $342,092; Average Days On Market: 134. Click here to access a complete and printable version of this reportPlease contact us or visit PinehurstHomeTeam.com for additional information on this and other real estate related matters.  Thank you for your interest and the privilege of serving you!With our highest regard, Wayne and Lynda Gomillion"The Pinehurst Home Team""The friendship and referrals of those we serve is the foundation of our success."
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By Todd Kenthack, MBA, GRI
(The Pines Realty)
This gated golf community developed around Pinehurst's #7 course is located just one mile from the main club, with entrances off Midland Road and Hwy. 15/501. The course was originally designed by Rees Jones in 1986 and has been redesigned by Jones in 2002. Pinehurst member residents in No. 7 have the ability to enjoy their own club facilities and also have access to all of Pinehurst's club privileges.Current listings and recent sales indicate an approximate price range of $450,000 to $1,200,000.  There are also several custom homes that were built recently with higher current values.  Lot prices in Fairwoods on 7 range from about $70,000 to $500,000.If you're interested in learning more about homes or land in Fairwoods on 7 or any Real Estate in Pinehurst, contact Broker/REALTOR Todd K...
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By Todd Kenthack, MBA, GRI
(The Pines Realty)
A popular gated golf community boasting two 18-hole courses and a 9-hole executive course. Gene Hamm designed their signature "Magnolia" course in 1989. Pinewild, about four miles west of Pinehurst, offers slightly larger lots and many course and water views. It's club offers members access to other amenities such as a pool, tennis courts and dining.Lot sizes inside Pinewild are a little larger than the average lot size for Pinehurst homes.  Most are about 3/4's of an acre and include a good number of trees for privacy.  Current home prices in Pinewild range from approximately $400,000 to $1,300,000.  If you're interested in learning more about Pinewild properties or Real Estate in Pinehurst, contact Broker/REALTOR Todd Kenthack at (910) 603-9050, or by email at Todd@golfhomesinpinehurs...
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By Todd Kenthack, MBA, GRI
(The Pines Realty)
In the late 1800's the vision of Boston businessman James Walker Tufts and the creativity of noted landscape architect Frederick Olmsted combined to spawn the Village of Pinehurst. This unique village, originally an outdoor recreational and rest haven for New Yorkers and New Englanders, has held on to its southern charm and lure for the past 110-plus years and continues to capture visitors' attraction from all walks of life and lands.Today, Pinehurst, once dubbed the ‘The Golf Capital of the World,' is widely recognized as one of the most preeminent golf communities by the world's most famous golf course architects, players and historians. The famed Donald Ross designed Course #2 (his self described "Crown Jewel"), with its trademark mounded greens, has played host of the 1999 and 2005 ...
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By Todd Kenthack, MBA, GRI
(The Pines Realty)
A Jack Nicklaus signature course known for its challenging (holes 1-5) start, wide fairways and scenic lake views, this private gated community offers owners larger, private lots and the ability to enjoy a full range of membership privileges including a 32,000 square foot clubhouse, a junior Olympic size pool and five tennis courts. National is located a short way off the Pinehurst traffic circle heading east on Midland Road.National is one of only a few clubs in town that offers an equity membership.  To learn more about the membership and search for available homes in National, go to http://www.golfhomesinpinehurst.com/. If you're interested in learning more about Real Estate in Pinehurst, contact Broker/REALTOR Todd Kenthack at (910) 603-9050, or by email at Todd@golfhomesinpinehurst...
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By Todd Kenthack, MBA, GRI
(The Pines Realty)
These detached townhomes located inside the Pinehurst No. 6 subdivision are an excellent investment for those seeking an affordable home or second home in Pinehurst.  They were built in the mid to late 1980's and offer two and three bedroom plans; total square footage ranges from about 1,100 to 1,350.  Some have attached garages and many have spectacular views of the No. 6 golf course and surrounding terrain.  These units do not last long since they are typically priced in the $160k to $185k range.  Most offer transferrable Pinehurst membership.These townhomes are considered a notch above the typical, smaller Pinehurst condos that were built in the mid 1970's, and surprisingly they are not priced much higher.  If you are looking to enter the Pinehurst Real Estate market for the first ti...
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By Todd Kenthack, MBA, GRI
(The Pines Realty)
These Pinehurst villas were built in the mid 1980's. Many have spectacular views of Lake Pinehurst, allowing for convenient access to lake activities. They range in size between approximately 1,900 and 2,500 square feet; there are three floorplans: two, three and four bedrooms with a matching number of bathrooms. Whether you're seeking a vacation getaway of you're looking for a year-round residence, these villas are a solid investment for Pinehurst real estate. Contact Broker/REALTOR, Todd Kenthack today at (910) 603-9050 or email him at Todd@golfhomesinpinehurst.com for more information about Lake Pinehurst Villas or about purchasing any property in Pinehurst, NC.
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By Todd Kenthack, MBA, GRI
(The Pines Realty)
Lakeview, a condominium subdivision built in 1973-74, borders Lake Pinehurst and is in very close proximity to Pinehurst's #3 and #5 courses. It is less than 2.5 miles from both the Pinehurst Country Club and the Village of Pinehurst.Because of the large number of units in Lakeview, it is common to find several of its condos on the market at any given time--many are sold completely furnished. Some Lakeview units come with transferrable Pinehurst memberships; since they are reasonably priced, these condos are ideal for buyers seeking a second home or investment property and a Pinehurst membership. A large percentage of Lakeview condo owners rent their units out on a short-term basis to reduce their total annual cost of ownership.Lakeview Condos offer one, two and three bedroom floor plan...
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By Todd Kenthack, MBA, GRI
(The Pines Realty)
Looking for a spacious and modern townhome with a Pinehurst membership?  Check out the brand new Lamplighter Village Luxury townhomes with two, three and four bedroom plans and attached garages.  Residents are within a few steps of the well-regarded Pinehurst No. 6 Clubhouse, offering quick access to golf, tennis and a pool; Pinehurst memberships available.  Lamplighter Village townhomes range in price from approximately the low $270's to around $340,000.  The townhomes are situated on a lightly traveled road and the surrounding terrain offers lots of privacy!Call Broker/REALTOR Todd Kenthack today to arrange a showing or request additional information about Lamplighter Village Luxury Townhomes or any Real Estate in Pinehurst, North Carolina. You can also email him anytime at Todd@golfh...
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By Todd Kenthack, MBA, GRI
(The Pines Realty)
The PGA's first ever amateur best-ball event, the McGladrey Team Championship, is coming to the Pinehurst Resort September 10-12. This "National Championship" event is the culmination of a series of 2007 local and sectional championships, and features a $200,000 guaranteed purse.Three of Pinehurt's most recognized courses will challenge the field: Course's #8, #6 and the famous Donald Ross #2. Course #8, the Centennial Course, opened in 1996 and was designed by Tom Fazio. It's a 72-par course and measures almost 7,100 yds. from the back tees. The 450 acre Course #8 is perhaps the most scenic Pinehurst course, with hilly terrain and spectacular views. Course #6, recently redesigned by Fazio in 2005, plays to just over 7,000 yards. The signature, Donald Ross designed, Course #2, known for...
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By Todd Kenthack, MBA, GRI
(The Pines Realty)
Summarized article from The Pilot Newspaper on Friday, August 31st..... Pinehurst Resort earned a No. 1 ranking by readers' in their annual online survey of the World's Best Golf Resorts.  Pinehurst earned a perfect 100 ranking.  Several of the questions included in the survey were:  What are the best golf resorts?  What are the best golf resorts for a golf-intensive buddy trip?  What are the best golf resorts for a family trip?  What is the most underrated golf resort?  What are the best resort courses? Officials from the Pinehurst Resort and the Magazine attributed the ranking to the recent announcement of the 2014 U.S. Open, continued upgrades and improved facilities including spa services and accommodations and an expanded and enhanced golf school. Pinehurst is also a great place to...
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By Todd Kenthack, MBA, GRI
(The Pines Realty)
If you're a serious buyer researching homes in Pinehurst, you will be interested in the statistics below. The Pinehurst real estate market has truly become a buyer's market, whether you are searching for a home or land. Although homes in Pinehurst are continuing to appreciate, there is a much larger inventory and a declining trend in sales. That said, real estate in Pinehurst is still faring much better versus many other markets across the country. Pinehurst Real Estate Statistics (annual stats. through August 25th of each yr. taken from Pinehurst-Southern Pines MLS) Pinehurst Home Sales Year Listed Sold Avg. Sale Price ’05 1,190 1,166 $232,066 ’06 1,322 1,193 $253,000 ’07 2,054 1,092 $262,150 Pinehurst Land Sales Year Listed Sold Avg. Sale Price ’05 615 610 $75,618 ’06 683 576 $71,712 ...
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By Wayne and Lynda Gomillion
(Real Living Hagan Realtors | Pinehurst ~ Southern Pines, NC)
01-July-07 through 31-July-07 there were 46 Single Family Home Sales reported with a Average Sales Price $303,340; During the same time there were 79 New Listings entering the market at an Average Listing Price of $384,139; Average Days On Market: 122. Click here to access a complete and printable version of this reportPlease contact us or visit PinehurstHomeTeam.com for additional information on this and other real estate related matters.  Thank you for your interest and the privilege of serving you!With our highest regard, Wayne and Lynda Gomillion"The Pinehurst Home Team""The friendship and referrals of those we serve is the foundation of our success." 
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By Wayne and Lynda Gomillion
(Real Living Hagan Realtors | Pinehurst ~ Southern Pines, NC)
01-June-07 through 30-June-07 there were 53 Single Family Home Sales reported with a High Sales Price of $291,542; During the same time there were 90 New Listings entering the market at an Average Listing Price of $382,252; Average Days On Market: 111. Click here to access a complete and printable version of this reportPlease contact us or visit PinehurstHomeTeam.com for additional information on this and other real estate related matters.  Thank you for your interest and the privilege of serving you!With our highest regard, Wayne and Lynda Gomillion"The Pinehurst Home Team""The friendship and referrals of those we serve is the foundation of our success." 
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By Tracy Santrock, Raleigh - Cary Realtor/Broker In Charge
(Fonville Morisey/Santrock Realty Group, Inc. )
I spent the 4th of July in Pinehurst, North Carolina this year.  My Raleigh Racket Club Tennis Team won the USTA 4.5 Raleigh USTA championships and qualified for the State Championship in Pinehurst.  It's a hard act to follow after the US Open Women's Golf Tournament at Pine Needles.  What an exciting tournament!  Most of the players stayed at the infamous Pinehurst Inn.   I didn't make my reservations in time but opted for my favorite Bed & Breakfast in the Village called the Magnolia Inn.  Most families don't realize that Pinehurst/Southern Pines Golf Courses are just 1 Hour away from Cary/Apex and an 1 Hour and a half from N. Raleigh/Chapel Hill.  I can head down for a slow round of golf out the Triangle and still make it back for dinner w/the family.  On the other hand, I decided I'...
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By Wayne and Lynda Gomillion
(Real Living Hagan Realtors | Pinehurst ~ Southern Pines, NC)
The United States Golf Association made it official when it announced that the U.S. Open will return to Pinehurst No. 2 in 2014.The announcement came at Oakmont Country Club in Pennsylvania, site of this year's U.S. Open. The world-renowned Pinehurst Resort previously hosted U.S. Opens in 1999 and 2005. It had been speculated since the final day of the 2005 Open that the USGA would bring the national championship back to the Donald Ross-designed No. 2 course. It was just a question of when. The earliest possible date was 2014. The USGA does not maintain an official rotation of Open courses. But there is a small group that the USGA considers prime locations, and Pinehurst is among them. The USGA has made no secret of its passion for Pinehurst. Pine Needles Lodge and Golf Club is holding ...
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By Wayne and Lynda Gomillion
(Real Living Hagan Realtors | Pinehurst ~ Southern Pines, NC)
01-May-07 through 31-May-07 there were 34 Single Family Home Sales reported with a High Sales Price of $688,000; An Average Sales Price $263,735 and the Low Sales Price $76,000. Average Days on Market was 124; The Average List-to-Sales Ratio was 93.39%. During the same time there were 78 New Listings entering the market at an Average Listing Price of $374,833. Click here to access a printable version of this reportPlease contact us or visit PinehurstHomeTeam.com for additional information on this and other real estate related matters.  Thank you for your interest and the privilege of serving you!With our highest regard, Wayne and Lynda Gomillion"The Pinehurst Home Team""The friendship and referrals of those we serve is the foundation of our success."  
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By Wayne and Lynda Gomillion
(Real Living Hagan Realtors | Pinehurst ~ Southern Pines, NC)
01-April-07 through 30-April-07 there were 50 Single Family Home Sales reported with a High Sales Price of $1,575,000; An Average Sales Price $360,545 and the Low Sales Price $72,000. Average Days on Market was 183; The Average List-to-Sales Ratio was 94.96%. During the same time there were 78 New Listings entering the market at an Average Listing Price of $396,359. Please visit our website to download a printable version of this report and others @ PinehurstHomeTeam.com. Check back often for updates.Thanks in advance. With our highest regard, Wayne and Lynda Gomillion"The Pinehurst Home Team""The friendship and referrals of those we serve is the foundation of our success." 
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By Wayne and Lynda Gomillion
(Real Living Hagan Realtors | Pinehurst ~ Southern Pines, NC)
01-March-07 through 31-March-07 there were 37 Single Family Home Sales reported with a High Sales Price of $650,000; An Average Sales Price $249,051 and the Low Sales Price $77,000. Average Days on Market was 146; The Average List-to-Sales Ratio was 96.45%. During the same time there were 40 New Listings entering the market at an Average Listing Price of $191,046. Please visit our website to download a printable version of this report and others @ PinehurstHomeTeam.com. Check back often for updates. Thanks in advance. With our highest regard, Wayne and Lynda Gomillion"The Pinehurst Home Team""The friendship and referrals of those we serve is the foundation of our success."
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