Golf Club Scottsdale Gains New Ownership

The Golf Club Scottsdale, located near the Troon area in North Scottsdale, has recently been purchased by Bob Parsons, the founder and executive chairman of GoDaddy. The renowned golf club has been a recent addition to the $200 million of real estate Parsons has been scooping up in Phoenix. This was after selling a portion of GoDaddy for $2.25 billion to a private equity firm.

The 292-acre Golf Club Scottsdale tucked past Troon Scottsdale along Dynamite Road, is bordered mostly by open land. Its setting amid the McDowell Sonoran Preserve is one of the major selling points of the club. Many Scottsdale golfers have chosen the Golf Club Scottsdale to experience serenity and solitude on its uncrowded fairways. Unlike the nearby Troon North Golf Club, the Golf Club Scottsdale requires the purchase of a membership and caps the number of members at 350.

During the market crash, many private golf clubs lost a large number of their members. The Golf Club Scottsdale retained only around 160 members, and the membership fee was dropped to $25,000 from its original $110,000. However, now that affluent home buyers are returning to North Scottsdale in search of a premier golf club, the Golf Club Scottsdale is looking to become more exclusive than ever. Sierra Reserve, a new luxury home community nearby, might soon be making up the majority of the remaining membership.

The new owner has already been making some major changes to the club, including renaming it Scottsdale National Golf Club. Members will still enjoy playing on a prestigious desert course designed by Dick Bailey and Jay Morrish. There is no real estate requirement tied to memberships at Scottsdale National Golf Club.

Interested in finding a luxury golf home? Call me at (602) 791-0536 to learn more about Scottsdale homes for sale.

Carmen Brodeur JD
Realtor
Trillium Properties, LLC
9825 E Bell Road, Suite 120, Scottsdale AZ 85260
(602) 791-0536
Carmen@TopScottsdaleHomes.com
www.TopScottsdaleHomes.com