Category Archives: Wintergreen Golf

Invest and Buy a Home (or Two) ~ Wintergreen Resort

GREEN-COINS

Invest and buy a home …or two

Three years ago, John Paulson gave a keynote address at the CNBC/Institutional Investor Conference. In his speech, he told those in attendance that he believes housing will continue its strong recovery for the next 4 to 7 years, saying that:

“The housing market has bottomed. It’s not too late to get involved. I still think buying a home is the best investment any individual can make. Affordability is still at an all-time high.”

When asked how the average person could take advantage of the current real estate market and invest at the time, Paulson said:

“Invest and Buy a home and, if you can, buy a second home.”

Two years ago, Paulson reiterated his statement, saying:

“I still think, from an individual perspective, the best deal investment you can make is to buy a primary residence that you’re the owner-occupier of.”

Who is John Paulson and why should you listen to him?

Paulson is the person who, back in 2005 & 2006, made a fortune betting that the subprime mortgage mess would cause the real estate market to collapse. He understands how the housing market works and knows when to buy and when to sell.

What do others think of Paulson?

According to Forbes, John Paulson is:

“A multibillionaire hedge fund operator and the investment genius.”

According to the Wall Street Journal, Paulson is:

“A hedge fund tycoon who made his name, and a fortune, betting against subprime mortgages when no one else even knew what they were.” 

So… Is what he said still true? Should we invest?

The core reasons behind Paulson’s statements still ring true today! invest!  Why does he believe homeownership is such a great investment?

Paulson broke down the math of homeownership as an investment:

1. “Today financing costs are extraordinarily low.”

The latest numbers from Freddie Mac show us that you can still get a 30-year mortgage at historically low rates of under 4%.

2. “And if you put down, let’s say, 10 percent and the house is up 5 percent,” as many experts predict, “then you would be up 50 percent on your investment.”

How many are seeing a 50% return on a cash investment right now?

Paulson goes on to compare the long term financial benefits of owning versus renting:

3. “And you’ve locked in the cost over the next 30 years. And today the cost of owning is somewhat less than the cost of renting. And if you rent, the rent goes up every year. But if you buy a 30-year mortgage, the cost is fixed.”

Bottom Line

Whenever a billionaire gives investment advice, people usually clamor to hear it. This billionaire gave simple advice – if you don’t yet live in your own home, go buy one! 

Wintergreen Resort is the east coasts premier four season resort. Check out their recent accolades. If you would like to discuss property ownership options at Wintergreen for vacation, investment, or even full time living Contact Us. We are your complete Wintergreen real estate resource.

Wintergreen Real Estate: Ultimate Vacation Homes

What is Wintergreen?morning-after-276010_1280

Wintergreen is the ultimate retreat.

Nestled into 11,000 acres of lush forest across the eastern foothills of the Blue Ridge Mountains, Wintergreen Resort offers a scenic and serene escape with plenty of opportunities to get outdoors, including a plethora of amenities for recreational and community activities, and easy access to nearby Charlottesville or Richmond.

So, Why Choose Wintergreen Resort?

Whether you’re looking for a vacation home, a second home, or a primary home, Wintergreen offers plenty of amenities, easy access, and outstanding recreation.

You Can Get Your Nature Fix in All Seasons

The best thing about Wintergreen is that it’s not seasonal.

Winter, spring, summer, and fall, Wintergreen offers residents and visitors alike a chance to get outside and play, move, explore, relax – or whatever else you might want to do.

Spring, summer, and fall offer miles of breathtaking hiking and mountain-biking trails (beautiful and potentially exhausting!), as well as indoor, outdoor, and lake swimming. There are also tennis courts, a mountaintop spa, fly-fishing spots, and two golf courses.

Discovery Ridge offers indoor gaming and outdoor activities such as zip lining, tubing, and archery. the Kids Treehouse offers educational and active programs for children.

Winter is Never-Ending Funsnow-1020626_640

Winter is right around the corner, and outdoor swimming and high-elevation hikes might not be top of your to-do list right now. So let’s talk about winter in Wintergreen. Whether you’re a skier, a boarder, a skater, or a tuber, this is your spot. Even if winter sports aren’t your thing, the resort has alternatives – from dining and feasting to live music, movies, and shows, to crafting and educational activities.

Home to an Award-Winning Ski Resort

The projected opening of the ski slopes is December 12, 2015!

With varied sections of trail ranging from beginner to expert and including lighted trails for night skiing, a terrain park, and a terrain park, it’s easy to see why Wintergreen offers some of Virginia’s best skiing.

Along with miles of downhill trails and plenty of rails, boxes, and tabletops for honing your freestyle skills, Wintergreen Resort offers rentals and lessons for beginners, NASTAR racing for the fast and the furious, and kids ski programs for little ones. In addition, Shamokin Ice offers public skating, and Ridgely’s Fun Park is a great place for kids to discover winter excitement. And don’t forget about The Plunge, Virginia’s largest snow tubing park!

Wintergreen Real Estate Experts

Homes in Wintergreen are located from the foothills of the mountains (reaching elevations as high as 4,000 feet!) and down in the valley of Stoney Creek, and include single-family homes, condominiums, and townhomes. Whether you’re in search of a remote estate nestled into the mountains or a lively condo in a golf or ski-front community, we want to be your real estate experts!

Contact The Chase Team at (877) 296-9860 or service@goWintergreen.com to schedule a showing. You can also read more about Wintergreen or easily search homes for sale.

Summer Fun at Wintergreen

Summer Fun at Wintergreen

Summer Fun at Wintergreen

Summer Fun at Wintergreen Resort

Summer fun at Wintergreen?  Why absolutely!  Wintergreen Resort is a Premier Four Season Resort with fun and activities for all the family. This is true through every season. Now is the time for summer fun. With the wonderful Spring Wildflower Symposium sadly behind us, summer is definately here. Now it is time to look towards summer fun and the many activities it brings with it. One of the pluses of the mountains is that it stays 10-15 degrees cooler than the valley below – perfect for a summer game of golf!

Check out The Mountain Update every week to keep in touch with all the happenings on the mountain. Get it delivered to your inbox to be sure not to miss any important events.  Next important date: Father’s Day weekend, June 19th – 21st.

Wintergreen Golf for Father’s Day

There are 2 amazing golf-courses here in Wintergreen. One in the valley community of Stoney Creek and the other Devils  Knob, at the top of Wintergreen Mountain. In fact, 45 holes and 2 different courses make for a stunning Virginia Golf Resort. Come test your game. Wintergreen Resort, the Mid-Atlantic’s most exciting year-round playground, is a golfer’s haven. Two courses. Two completely different designs. Two invigorating experiences. Call or click for more Wintergreen golf information 434-325-8250.

Never miss the Fun ~ Get Your Own Wintergreen Vacation Home!

Contact Brian Chase for all your Wintergreen Resort real estate needs. As Managing Broker for Wintergreen Resort’s real estate office, Brian can assist you in the sale or purchase of any Wintergreen or Stoney Creek property including existing homes, new construction, condos, and buildable lots.

Let The Chase Team be your resource for all your Wintergreen real estate needs.  CONTACT US TODAY!

Until next time,

Brian

Devil’s Knob Golf Opening Day 2015

FORE! Look out, opening day is coming! Devil’s Knob Golf Course at Wintergreen Resort is opening for the season on April 18th. 

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Sitting at 3,850 feet, Devil’s Knob is the highest golf course in Virginia. It is also continually hailed as one of the best in the state. The Blue Ridge mountaintop location offers incredible 50-mile panoramic views of the Shenandoah and Rockfish Valleys. The elevation provides cooler temperatures on the course making it an ideal place to escape the summer heat.

The course boasts a surprisingly level terrain, narrow fairways, speedy greens, and of course stunning surroundings. The pro shop, locker room, fine dining, and a snack shop can be found in the massive clubhouse.

Devil’s Knob is one of two golf courses at Wintergreen Resort, located in Central Virginia right alongside the renowned Blue Ridge Parkway. Wintergreen Resort offers four seasons of mountain sports, outdoor recreation and a variety of other amenities.

Visit the Wintergreen Resort website for more information including maps and picture of all 18 holes.

Wintergreen: Your Home Away From Home

If you want to find the perfect mountain escape, look no further. Wintergreen Resort features awe-inspiring vistas and a exciting activities for every passion. Let The Chase Team help you find your dream vacation home. Contact us for all of your Wintergreen real estate needs.

Until next time,

Brian

Wintergreen Resort Is Golf Heaven

Tee ShotIn the previous post we took a look at the wonderfully rich history of the Wintergreen Resort and a glimpse into how far it’s come. Now let’s take a moment to review the world-renowned golf courses of Devil’s Knob and Stoney Creek. I’ve taken the liberty to give you a hole-by-hole review of each one on both courses. So take a look then grab those clubs and show the golf world what you’re made of!

The Challenge of Devil’s Knob

When the legendary father and son design team of Ellis and Dan Maples began the build for Devil’s Knob, they were faced with the enormous task of pushing through over 1,000-acres of heavily wooded land that had several changes in elevation. Their persistence yielded one of the more beautiful and challenging golf courses you’ll ever come across. They call it “Devil’s Knob” for a reason. This is no easy go.

Front 9: (par 35 – 3,434 yds)

1 – Par 4: 411 yds. Downhill sweep from fairway. Tee shot must clear sloping mounds. Approach is open, but, with huge bunkers surrounding the green.

2 – Par 4: 392 yds. Dogleg left. Danger off tee are long traps aside the landing area. Green slopes back to front with three gaping bunkers and is less than 28 paces deep.

3 – Par 4: 520 yds. Extremely difficult hole. Elevated tee. Hard bank left with trees lining fairway. Shoot for accuracy, not distance. Slightly raised green that’s small and breaks back to front.

4Par 3: 160 yds. Slightly uphill and surrounded by trees. Plays well from the right level. Deceptive two-tiered green should be approached from below the hole.

5Par 5: 487 yds. Slightly uphill from tee to green. Accuracy is key as trees line fairway. Tempting to go for the green but cavernous bunkers front it. Green also runs hard to the front.

6Par 3: 194 yds. You’ll play every bit of it. One trip into the sand left or right and par won’t happen. Short approach will roll back off of the green.

7Par 5: 585 yds (longest hole of the course). Rocket blast off the tee to clear the pond then fairway doglegs left. Straight uphill from there. Sand on right, creek on left. Good luck!

8Par 3: 200 yds. Magnificent yet evil. Fronting lake. Deep sand. Slick putting green. Consistent breeze. This is beauty and the beast. Play very carefully.

9Par 4: 486 yds. Second most difficult hole. Dogleg right, uphill par 4. Requires long tee shot. Putting surface is two-tiered and 30-yards long. Par is difficult and birdie even less likely.

From the BunkerBack 9: (PAR 35 – 3,278 YDS)

10Par 5: 571 yds. Downhill from the tee then bends right with large landing area. Tricky second shot where creek crosses fairway. Greens only 20 paces deep. Be careful on this approach.

11Par 4: 392 yds. Uphill from the fairway. Tee accuracy is key to survive this monster. Hug the right of the fairway. Green is elevated and no sand but creek does wind this hole.

12Par 4: 354 yds. Plays straightaway and slightly uphill from tee to green. Be accurate as trees line fairway. Sand on both sides of green.

13Par 4: 380 yds. Uphill, dogleg left. Tee shot accuracy is key to a tight fairway. Rock formation on the right. Green is embraced by traps. Be conservative.

14Par 4: 374 yds. Highest point of course. Panoramic view of the Mountains. Enjoy, then focus. Large trees guard fairway left and right. Very narrow green. Party’s over.

15Par 3: 185 yds. Accuracy, accuracy, accuracy. Green is carved into a forest and is shallow. Putting surface falls abruptly. One miscalculation equals doom.

16Par 4: 410 yds. Downhill. Green is fronted by sand. Birdies available from the fairway. Driver off the tee may not be needed.

17Par 3: 185 yds. Downhill and played into an angry breeze. Three gaping bunkers surround the green with a creek also awaiting. Say a prayer first.

18Par 4: 430 yds. Manageable fairway but 20-yard bunker on the landing area corner. Uphill beast of a green that’s 34 paces long. Now that’s how you end a course!

The Luxury of Stoney Creek

Rees “Open Doctor” Jones had a vision for Stoney Creek and it was simple: to make it one of the more luxuriously designed courses in the world. That’s saying a mouthful considering this is the same renowned golf course architect that redesigned several PGA Tour stops. His mission was realized and to this day Stoney Creek is one of the most wonderful courses to play with three sets of lavish nine-holes awaiting you.

Putting For the WinTUCKAHOE: (Par 36 – 3,612 yds)

1 – Par 4: 473 yds. Downhill. Tee shot is key and must avoid lake on the right side. Play down left of fairway as it slopes toward the water hazard. Mounds left and right of putting surface.

2 – Par 4: 354 yds. Uphill. Dogleg right. Roller-coaster fairway. Bevy of traps on the right and the putting surface which also features bunkers front and right. Slick greens 34 paces deep.

3 – Par 5: 564 yds. High risk-reward hole. Downhill. Drive down the left to avoid the 50-yd bunker. Very welcoming green. The Creek runs front of green but still a sure birdie hole.

4 Par 3: 226 yds. Demands pinpoint accuracy. Sand lines the right. Wetlands on left. Raised and narrow putting surface falls left and rear.

5Par 4: 505 yds. Dogleg right. Trees, mounds, and marsh line the right of fairway with three bunkers on the left (deep). Careful off the tee here. Trouble awaits you.

6 Par 4: 350 yds. Going for green is possible but dangerous. Small green with trees down the right of fairway with thick rough sand on left. More sand and mounds also dare you.

7 Par 4: 391 yds. Downhill. Six bunkers down left and right of landing area. Small green with water on the right and huge bunker on the left. Don’t be a hero here.

8Par 3: 165 yds. Over water which brings wind into equation. Pin position dictates club selection here. Bunker left and deep bunker right. Back tee makes this terrifying yet fun.

9 – Par 5: 584 yds. Dogleg right. Littered with bunkers and mounds. Longest an Stoney Creek. Dozen plus traps line the fairway, play left to survive. Play smart and birdie is yours.

Monocan: (par 36 – 3,469 yds)

1 – Par 5: 570 yds. Dogleg left. Avoid bunkers both sides of fairway. Downhill second shot. Green embraced by several bunkers and Creek fronting it. Birdie nice, but, par is practical.

2 – Par 4: 370 yds. Dogleg left. No fairway bunkers. Creeks stretches the left of it. Raised putting surface. Treacherous bunker fronts it. May require extra stick to make it.

3 – Par 4: 446 yds. Dogleg right. Requires length and accuracy on tee shot. Trees flank right and bunkers guard left. Long putting surface w/ sand left and right. Beware center ridge.

4Par 4: 420 yds. Downhill. Tee shot must split trees and sand on the left and trees and mounds on right. Green is well-guarded. Sand on left, bunkers rear, lake on right. Whoa.

5Par 3: 171 yds. Carries over the lake. Bunkers and mounds guard rear of putting green that’s only 22 yards long. Par appears easy in three. Key word is “appears”.

6Par 4: 373 yds. Gorgeous backdrop of Blue Ridge Mountains. Trees right and left with bunker helps keep you focused off tee. More dual-side mounds and bunkers on approach.

7Par 4: 414 yds. Long shot off tee. Bunkers must be cleared at 200-250 yds. Green is accessible and 32 yds long but sand on both sides. Rolls back to front and is slick.

8Par 3: 180 yds. Uphill. Brook runs entire left of this hole. Bunkers on each side. Green is 26 yds and fairly flat. Extremely beautiful hope to play with trees surrounding it.

9Par 5: 525 yds. VERY intimidating on the tee shot. Tons of trees guard all the way to dogleg right. Don’t be tempted to take green in two. Threatening mounds await your gumption.

Size Up the PuttShamokin: (par 36 – 3,546 yds)

1 – Par 4: 442 yds. Dogleg right. Trees guard both sides of fairway. Bunkers on corner of dogleg. Clearing them presents opportunity to shoot for the undulating green.

2 – Par 4: 396 yds. Tight landing area makes for difficult drive. Bunkers and mounds line right and left shrink fairway to 20 paces. Very wide green but not deep w/ bunkers short and deep.

3 – Par 3: 181 yds. Creek winds down the left to eventually front the green. Great chance to reach home in one shot. Extremely small putting surface, though. Best tee shot needed here.

4Par 5: 578 yds. Dogleg left. Tight landing area with sand and trees on right. Mounding and more trees on left. Long green but plenty of sand. Massive hole. Shoot for par here.

5Par 4: 355 yds. Slight bend to the left. Fairway ends at 100 yds out. Small and undulating green. No fairway bunkers but putting surface guarded like Fort Knox. Luck be with you!

6Par 4: 416 yds. Large fairway with no hazards. Invitation to get very aggressive. With length must have accuracy, though. Approach across Creek. Very shallow putting surface.

7Par 3: 202 yds. Downhill. Trees surround the green including traps and a bunker. Pause to enjoy mountains in the backdrop (glorious). Now try to focus on the hole, if you can.

8Par 5: 355 yds. Dogleft left. Play left off the tee with a blast shot. Three bunkers guard cornier and two on the opposite side. Trees ensure hole narrows as you get closer. Fore!

9Par 4: 460 yds. A beast of a finisher. Bends HARD left. Trees and mounds line the fairway. Exceptionally tight landing area. Huge green, though. Sand is left and right. End strong.

After golf like that, who would ever want to leave Wintergreen Resort? Apparently not many as most who visit eventually call this home. Here’s to hoping this review gives you the edge you need over your neighbors. Now let’s get out there and have some Blue Ridge fun!

Until next time,

Brian

The Glory of Wintergreen Resort

Putting for the BirdieFounded in the late 1960s, Wintergreen Resort has become the realized plan of an early group of investors that saw the great potential for the area. Nestled serenely in the heart of the Blue Ridge Mountains, the Resort has slowly developed into a haven for those looking to escape the ills of city life. It’s development over time has been nothing short of phenomenal.

With eight ski slopes and many chair lifts already in operation, the Wintergreen Development Inc. was founded in 1975 and shortly afterwards in 1976 began the construction of the famed Devil’s Knob Golf Course. With the renowned Ellis and Dan Maples responsible for the design and build of the Course, it was destined for greatness.

In 1978, the Mountain Tennis Center followed with the Mountain Inn and Conference Center on its heels in 1980. The year 1984 saw the Wintergarden spa open its doors for the first time. A year later the Wildflower Park was given tribute by the former first lady Lady Bird Johnson to preserve the native plants and then came 1988. That’s the year all 18 holes of gorgeous Stoney Creek were unveiled. Designed by the incomparable Rees “Open Doctor” Jones, this Course was built to spoil all comers.

The World Knows This Is the Place To Be

With so much beauty and fun to be had here at Wintergreen Resort, it’s no wonder it has become and has seemingly always been one of the more coveted places in the world to be. As more and more discover the luxuries here, the awards and renowned events continue to flood in. Here are just a few at a glance:

Awards Won: 

  • Rated four stars by Golf Digest – Best Places to Play 
  • Best Golf Resort (Platinum) – Blue Ridge Country Magazine (2013)
  • Named runner-up for Best New Resort Courses – Golf Digest (1990) 
  • Awarded Best Golf Courses in the Mid Atlantic – Washington Post 
  • Ranked #9 – Best Course Near You by Golf Magazine (2008)

Key Events Held: 

  • Lewis Chitengwa Memorial Championship (2003-04)
  • Virginia State Junior Amateur Championship (2006) 
  • Virginia Women Team Matches (2008) 
  • Virginia Mid-Amateur Championships (2008)
  • Women’s Eastern Amateur Championship (2009) 
  • VSGA Amateur Championship Qualifier (2011)

If you haven’t yet experienced all that Wintergreen Resort has to offer, it is definitely time you treat yourself to its spoils. After all, you deserve it, right?

Until next time,

Brian