Georgetown, TX (PRWEB) October 10, 2007
An award-winning Texas Tuscan-style home on the 18th tee of Cimarron Hills Golf Course will go up for auction on October 19, at 1p.m., according to Linda Welsh of Linda Welsh Auction & Realty Group.
Located at 110 Paloma Point in Georgetown, this luxurious home features four bedrooms and four and a half bathrooms with 5,980 square feet of indoor living, 1,033 square feet of outdoor covered living, in addition to 1,018 square feet of garages, including room for three vehicles plus golf cart. "This is the only home at Cimarron Hills with a golf-course facing cart garage," said Welsh.
"This amazing home has been diligently engineered and crafted to the highest commercial specification," said Welsh. Some of the many custom features include: handcrafted doors with commercial high-security locksets; hardwoods, imported tiles and premium carpeting throughout; exposed timber framing; and extra-wide entrance gallery with art lighting and niches.
The gourmet kitchen has exposed timber framing, walk-in pantry, granite countertops, imported tile floors and backsplashes, hand-crafted copper sinks, professional Viking appliances, dual-fuel range/over, warming drawer, plus separate ice maker and wine vault. The kitchen also boasts cherry and alderwood handcrafted, furniture-quality cabinets and millwork.
The master wing offers an intimate sleeping suite, remote-operated stone fireplace, his and hers private toilets and walk-in closets with built-in cabinetry and shelving, walk-in shower, travertine vanities, imported tile and claw-foot soaking tub. The guest suite features and oversized soaking tub, travertine-topped double vanity, imported tile finishes, walk-in closet and double doors leading to a covered garden terrace.
The family room sports niches for billiard equipment and a custom entertainment center, a walk-up wine gallery and Bose Home Theatre system wiring. A laundry center with oversized laundry sink, ironing station and front-loading washer and dryer closet is plumbed and ready for a pet shower if desired. Floor care will be a breeze with the home's central vacuum system. The upstairs bonus room is pre-wired for a home theatre system.
The home features high-tech, remotely monitored and expandable security and fire alarm system with wiring for emergency power generation.
"Golf Research Group calculates the value of designer names in golf developments and sells the data to investors," said Welsh. "Jack Nicklaus is their undisputed champion. Homes in developments with Nicklaus courses are worth an average of $1.2 million and have more than doubled in value in the last 10 years."
Colin Hegarty, President of Golf Research Group, a consulting golf business, said in a May 2007 Business Week article*, "the majority of buyers are keenly aware of the investment aspect of their purchases. They could invest that money elsewhere, but they believe the most productive investment opportunity is to put the money in a golf-course home."
"They believe it will perform better than the stock market, bonds, or anything else they could invest in. Quite often, they're right," said Hegarty.
"This is a magnificent Texas Tuscan style home on the 18th tee of Cimarron Hills, a Jack Nicklaus Signature course," explained Welsh. "A $65,000 full golf membership is included with the home purchase."
He added, "The Dallas Morning News described Cimarron Hills as the "Best Private Course in Central Texas. Nicklaus himself said Cimarron Hills is the 'finest, purest experience of golf in all the hill country - perhaps in all of Texas.'"
Cimarron Hills offers a host of luxurious amenities including: the Clubhouse and Spa; a pool with 25-meter swim lanes and children's wading area; a dedicated tennis staff and year-round programming with seven USTA and WTTA tennis teams; a fitness complex with a dedicated team of fitness professionals; casual dining in The Grille, open of breakfast and lunch six days a week; and Camp Little Bear where kids enjoy activities year-round, seven days per week, designed and led by a professionally trained team.
Cimarron Hills is just minutes away from Austin - one of the top ten metropolitan cities in the US for growth, economic development and quality of life, according to Forbes Magazine.
Welsh said, "Scott Shaheen, the visionary President of Bridgewater Builders, who built the original grand clubhouse at Cimarron Hills, understands and delivers exceptional quality in the details of his projects. His magnificent 5980 square foot home won "Best Exterior Elevation" as well as People's Choice Runner-Up in the 2007 Austin Home Builders Association Parade of Homes."
The property may be inspected during scheduled open houses on Friday, October 12, from 4p.m. to 7p.m., and on Sunday, October 14, from noon until 4p.m. Private viewings may also be arranged by appointment. The auction will be held on-site. For more information or to obtain a property information package, call toll free (800) 576-2259 or visit http://www.lindawelshauction.com.
About Linda Welsh Auction & Realty Group
With offices in Austin, Linda Welsh Auction & Realty Group are members of the National Auctioneers Association and the Texas Auctioneers Association.
Linda Welsh or Leo Welsh
Linda Welsh Auction & Realty Group LLC
3801 No. Capital of TX Hwy E240-306
Austin, TX 78746
Office phone 512-263-1030
Linda Cell phone 512-657-4033
Leo Cell phone 512-657=7350
*Briody, Dan. "The Value of a Name: We rank six architects according to the appreciation rates of homes on courses they designed" Business Week. 28 May 2007.