More custom homes for East Valley - East Valley Tribune: Business

More custom homes for East Valley

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Posted: Thursday, September 7, 2006 6:03 am | Updated: 4:17 pm, Fri Oct 7, 2011.

A family well-known for its luxury golf course communities in the East Valley recently bought 200 undeveloped acres next to The Golf Club Scottsdale and plans to build about 50 custom homes.

A partnership formed by Taber and Lyle Anderson bought the land from Crown Golf Properties. The Lyle Anderson Companies are developers of Desert Mountain and Desert Highlands in Scottsdale and Superstition Mountain Golf and Country Club near Gold Canyon.

Located at 118th Street and Dynamite Road in Scottsdale, the property has dramatic views of the fairways of the club and surrounding mountain ranges including Pinnacle Peak, the McDowell Mountains, Four Peaks and the Mazatzals. It borders the Tonto National Forest and is on the northern boundary of the McDowell Sonoran Preserve.

The land has been approved as a subdivision in Scottsdale, said Taber Anderson. It is one of the few parcels left in the northern part of the city.

“There’s just really nothing like it, ” he said. “There’s some land left that I suppose you could do 5-acre lots and 10-acre lots in and around that area, but to have something that is considered to be large estate lots in an organized manner like this is almost unheard of today.”

The Golf Club Scottsdale is in the midst of a membership drive and its clubhouse is nearing completion. The Andersons have retained the same architect that is building the clubhouse, said Jim Andrus, general manager of the club.

“They’re going to build a beautiful monument entrance with a security gate and they’re going to pattern that after the style of the clubhouse which is like 150-yearold hacienda that we found and partially restored,” he said. “It’s very, very old looking and weathered. It’s nice that whole complex is going to be designed very much in keeping with what we’re doing here, the same theme.”

The club has been open more than two years, and it has 87 members. At completion, the club expects to cap membership at 350. Homeowners in the development will not automatically gain membership.

“We wanted to keep the two separate,” Andrus said.

A membership deposit of $110,000 is nonequity and refundable upon transfer of the membership. Each membership allows club privileges for the member, their spouse and children under age 23.

Anderson figures it’s getting to be a better time to sell high-end custom lots. He says he’s more optimistic about the future than the present.

“To me it’s like owning a whole pile of gold certificates,” he said. “Prime property is Scottsdale just doesn’t get bad.”

Anderson is unsure when the lots will be ready for market.

“I’m debating in my mind whether I want to put any real estate in the market that’s unimproved,” he said. “My wish list would include completing all the site improvements, gate house, entry features, all the perimeter walls along the scenic corridors, the landscaping. My objective would be to get it all done before I started selling anything.”

The Golf Club Scottsdale is managed by Crown Golf Properties and owned by the Henry Crown Companies, one of the nation’s largest privately held business organizations.

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