Pinehurst Real Estate Market Report for the Gated Golf Community of Pinewild

by pinehursthomes on April 3, 2017

The real estate market in Pinehurst is complicated and the conditions of each individual community must be analyzed separately and the gated community of Pinewild is no exception.
Gated community of Pinewild in PinehurstPinewild is a gated golf community annexed by the Village of Pinehurst. It is a community that surrounds the golf courses owned by the Pinewild Country Club. There are two 18 hole courses, a 9 hole par 3 course and a 3 hole practice course. There is also a club house, a pool and tennis courts available to country club members.

Pinewild residents are not required to join the country club and club membership does not require property ownership in Pinewild. Pinehurst Country Club does require property ownership in the Village and Pinewild residents now qualify to be members of Pinehurst CC.

Properties in Pinewild are all single family and some are golf front, there is a small lake with lake front homes and building sites, and there are interior lots within the community that don’t have frontage on a golf course or lake. Lake front usually are the most expensive of the locations followed by golf front then interior properties.  All of the properties are a minimum of approximately .75 of an acre. Age of the home as well as exterior finishes and updated interiors all have an effect on the sale price of the homes in Pinewild as these characteristics effect the price of homes in most neighborhoods.

In 2016, 43 homes sold in Pinewild, at an average price of $411,800, at $129 per square foot:

  • 20 Golf Front Homes sold averaging a selling point of $422,770 at $134 per square foot.
  • 3 Lake Front Homes sold averaging a selling point of $506,667 at $127 per square foot.
  • 20 Interior Homes sold averaging a selling point of $386,600 at $125 per square foot.

In 2017, 11 homes have been sold in Pinewild

  • 6 Golf Front Homes sold averaging a selling point of $416,500 at $127 per square foot.
  • No Lake Front Homes have sold yet in 2017
  • 5 Interior Homes sold averaging a selling point of $365,700 at $137 per square foot.

You can see the available home located in Pinewild from the following links:

Pinehurst Real Estate – Golf Homes in the Gated Golf Community of Pinewild
Pinehurst Real Estate – All Homes in the Gated Golf Community of Pinewild

Pinewild has some of the most desirable real estate in Pinehurst and for more information on this market report or other details in the Pinehurst area please call or text 910-783-7993 or contact me for more information.

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