Introduction to Dunwoody Country Club
Dunwoody Country Club is a private, members-only country club in Dunwoody, GA, which features a championship 18-hole golf course, a clubhouse, tennis courts, a swimming pool, and a fitness center.
Originally located on a 115-acre site on Tilly Mill Road, the club was founded in 1963 by a group of local business leaders who wanted to establish a private club in the area. It featured a clubhouse, swimming pool, and a nine-hole golf course.
Later in 1969, the club purchased an additional 72 acres adjacent to the original property. This paved the way for the expansion of the golf course to 18 holes which was designed by renowned golf course architect Willard Byrd. The course opened for play in 1971.
Today, the golf course at Dunwoody Country Club is renowned as one of the best golf courses in the state of Georgia, featuring undulating fairways, well-placed bunkers, and large, fast greens.
The club, in general, is a popular destination for golfers and other sports enthusiasts in the Dunwoody area. It is known not only for its excellent golf course but also for its top-notch amenities and warm, welcoming atmosphere.
Why Buyers Are Drawn to Homes Near Dunwoody Country Club
Living next to Dunwoody Country Club comes with several advantages for those seeking to live in a prestigious location and at the same time live an active lifestyle.
Dunwoody Country Club members have access to a variety of amenities and facilities, including:
- A championship 18-hole golf course
- Driving range and practice facilities
- Eight clay tennis courts
- Junior golf and tennis programs
- A pro shop offering golf and tennis equipment and apparel
- Swimming pool and children’s pool
- A clubhouse with casual and fine dining options
- A fitness center with cardio and weight equipment, as well as group fitness classes
- Private event spaces for weddings, corporate events, and other special occasions
Aside from this prominent country club lifestyle, potential home buyers are also drawn to the beautifully manicured lawns and greenery, vibrant flower beds, relaxing blue ponds, and other water features that surround the properties.
How the Country Club Impacts Property Values
It’s worth noting that real estate properties that offer views of the golf course can sell at a price premium ranging from 5% to 12%.
Compared to homes without views, this is a significant difference. However, even homes in a golf course community without a view still have a noticeably higher value than those outside of the community.
Research as far back as the 1990s by The Journal of Real Estate Finance and Economics has suggested that the presence of a golf course increased nearby home values by 7.6%.
More recent studies by researchers at Florida Atlantic University concluded that owning a property next to a golf course can add between 8% and 12% to a home’s overall property value.
Another study conducted by the National Recreation and Parks Association resulted in more promising results, suggesting that properties within view of a golf course may increase property values by up to 30%.
Given these findings, we can comfortably assume that the presence of a golf course in a residential community increases property value and adds to the prestige of a home or neighborhood.
Neighborhoods That Benefit Most
Neighborhoods like Dunwoody Club Forest, Brooke Farm, and Mill Glen are highly coveted for their strategic location near Dunwoody Country Club.
These much sought-after, family-friendly neighborhoods are home to properties that feature generous lots varying from 0.20 to 0.80 acres.
The single-family homes for sale surrounding Dunwoody Country Club range from $545,000 to $1.13 million. These residences boast expansive interior living spaces measuring between 2,100 square feet and 5,400 square feet.
Investment Potential and Resale Trends
Properties situated near prestigious country clubs typically have great investment potential and resale value, selling at two to three times that of an average home.
In terms of long-term value, homes with premium views or membership to prestigious clubs are predicted to hold their value better over time, making them a smart investment.
Neighborhoods with such strategic locations are also typically within the range of excellent shopping and dining establishments and may even have their own schools.
Things Buyers Should Know
If you’re considering buying a home in one of the neighborhoods near Dunwoody Country Club, it is essential to assess the benefits of views and memberships against your personal preferences and financial goals.
As Dunwoody Country Club is a high-end private country club with top-notch amenities and facilities, the cost of membership is likely to be significant. Membership fees and dues can vary widely depending on factors such as the type of membership, age, location of the member, and the club’s operating costs.
Another thing to keep in mind is that golf course homes are normally governed by a homeowners association. The HOA issues a set of rules, regulations and, dues, part of which are funneled into a fund to maintain the golf course. This can range between $500,000 to $1 million annually.
Final Thoughts
Dunwoody Country Club’s exceptional amenities and exclusive benefits makes it one of the most distinguished clubs in all of Georgia.
Whether or not you partake in a bit of golf, there’s no denying that the presence of a prestigious golf course in a residential area, such as that of Dunwoody Country Club, has a positive impact on the value of homes.
If you’d like to explore the real estate offerings surrounding Dunwoody Country Club, give me a call today at 404-512-1007. You may also email me at billy@billyhoward.net to schedule an appointment.
Frequently Asked Questions
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Does living near Dunwoody Country Club increase home value?
Yes. In fact, a study conducted by the National Recreation and Parks Association suggested that properties within view of a golf course, such as the one in Dunwoody Country Club, may increase property values by up to 30%. -
Do I have to be a member of the country club to live nearby?
No, you do not have to be a member of Dunwoody Country Club to live nearby, as there are no restrictions on residency based on club membership. -
How much does Dunwoody Country Club membership cost?
Dunwoody Country Club membership initiation fees are reported to be around $70,000, with annual dues amounting to around $7,200.
