golf-tetherow

www.PropertySunriver.com What Should You Know About Tetherow?

Tetherow is one of Bend's newest luxury golfing communities. One part that makes it a worthy contender as one of the prime property areas of Bend is its Westside location and Vicinity to Mt Bachelor. It is adjacent to Deschutes National Forest and has a total of seven hundred Acres.

Kidd has built quite a name for himself as the designer of Bandon Dunes, which is regarded by many to be one of the Earth's best courses. Andrews.



Tetherow has finished construction on its seventeen thousand square foot clubhouse whose comforts include a cafe, bar, meeting rooms, private members' locker rooms, lounge area, pro shop, offices and storage facilities. The 18-hole Signature Course has been completed as well as, a 9-hole Executive Practice Course. As Tetherow moves towards completion, extra planned comforts are predicted to include a Hotel/Lodge, Athletic Facility, as well as a Spa & Wellness Center.

What Possession Opportunities exist in Tetherow?

Tetherow is providing a nice cross section of property possibilities for speculators and householders starting with their 379 custom Homesites. Secondly, there are the offering of Lodge Homes which are pre-planned three and four bedroom units. The Lodge Homes will permit a home-owner to set their unit into the rental overnite lodging program. Eventually a sequence of Townhomes are scheduled for those that need a upkeep free lifestyle or perhaps are looking for part time residence in Central Oregon.




Each neighborhood has their various homeowner dues. These dues are billed semi-annually. This entitles householders to have full use of the Clubhouse and Recreational Facilities throughout Tetherow, excluding Golf. A Social/Athletic membership's dues are $125.00 a month until the athletic facility is complete, whereupon the monthly dues will be $175.00. Currently the cost of Membership is $37,500 and the monthly dues are $475.00 which will not commence until April of 2009.


Moving Forward

It certainly has its hurdles ahead of it when you think about this property climate. Because this product is customized to the luxurious home market, there's a certain level of commercial buffering which will keep the requirement for this kind of property investment solvent. At this time, Tetherow is considering the possibility of bringing in a luxury hotel chain to control operation of the upcoming Lodge/Hotel. I feel this is a sensible choice given the fact that Bend and the greater Central Oregon does not have an internationally recognized five star hotel chain anywhere.

Additionally Tetherow would receive advantages from the further exposure of national/international announcement done by the hotel chain to market itself.

Because there are a number of projects that have not started construction, this unavoidably raises issues over whether or not certain facilities will be made or what the completed product may evolve into as time goes on. For people that are purchasing for the Golfing experience, this main feature of the project is pretty much completed. For people that require the extra pampering of a Spa, 5 star Hotel and Fitness Center…time will tell whether these plans come to fruition. I'm going to go out on a limb by saying that they can likely all be built, it is simply a matter of when. It might be good to consider too, that as these other comforts become available and the property market shifts to a more acceptable atmosphere, prices will begin climbing as well.




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