A little over a week ago Pacific Business News reported that PGA Legend Tiger Woods to design a golf course at Makaha Valley Resort. This is great news and could be a nice boost for Makaha real estate.
Makaha Golf Course
The two Makaha courses owned by Pacific Links have been in limbo for a few years and I've heard rumors from friends and clients that something good was in the works. Tiger Woods will be designing one of he the courses. Makaha has been one of those resorts that has been overlooked by many over the years and has been a sleeper with more affordable real estate product than the rest of Oahu.
Tiger Woods and The Masters
Legendary PGA Golfer Tiger Woods
Coupled with the announcement of Tiger designing a course here, he went on to have a remarkable comeback and win The Masters this past weekend! We as Realtors cannot promise future returns on an investment, however I doubt Tiger Woods involvement in Makaha will hurt any. This will be the first new course in over 10 years. The last was Ernie Els' course at Hoakalei. Although the clubhouse literally just got completed there, real estate prices at Hoakalei have been on a steady climb since the development's inception.
Makaha Condos at Bargain Prices
Makaha Valley Towers #1508 (MLS # 201905697) listed for $220,000
This is a 1 bed, 1 bath unit that's been completely remodeled in 2016. Although the Pacific Links courses are private, both new courses can be seen from this high floor unit that has panoramic views of Makaha Valley and the ocean. Given it's proximity to the courses and nearby white sandy beaches, this could be a great 2nd home opportunity for one of the private members as Pacific Links member have access to courses all over the world.
Makaha Golf Course View Seen from Makaha Valley Towers #1508
Is it too late for your pot of gold at the end of the rainbow? A unit just closed a few days ago for $225,000... For more info. on Makaha Valley Towers #1508 or any other real estate in Makaha, feel free to contact me for more information.