Beacon Hill

The catalyst for Beacon Hill to become one of Northern Virginia’s premier estate communities may be upon us. Click link below for the May, 2016 update on the revitalization of the golf course.

BEACON HILL GOLF COURSE MAY FINALLY RE-OPEN

 

In 2001, the Johnny Miller-designed Golf Club of Virginia was opened to much fanfare in a heating-up Northern Virginia market. The incredibly beautiful venue was expected to be the crowned jewel of Virginia, and the centerpiece for the estate homes being built high above the fairways at the Beacon Hill development. This was a most beautiful venue, and perhaps the most difficult golf layout in Virginia.

By 2006, the golf course was closed due to financial difficulties, and the ensuing real estate market collapse ended any real hope of rejuvenating the course at that time. The prices for many of the gorgeous estate homes plummeted.

However, this is prime property, and the course layout is spectacular. It had to come to pass that eventually there would be a viable plan to redevelop the golf course, which would reinvigorate the incredible estate homes in the community. That time may be upon us.

The Beacon Hill Homeowner’s Association acquired the Golf Club of Virginia at Beacon Hill two years ago, and may be in the final stages of reaching an agreement with private investors to re-open and reinvigorate the dream of a world class golf facility at Beacon Hill. The rough sketches of the plan include leasing golf parcels, making required major renovations, and reopening the golf course as a private club.

The proposed new name for this facility is “Belle Terre Golf at Beacon Hill”. Not only is it planned to renovate the golf course, but the clubhouse facility plans to have a fitness center, tennis and swimming as well. This is a different concept from the Johnny Miller-designed facility in 2001, which consisted merely of a gorgeous but excruciatingly difficult golf course and a temporary pro shop.

BeaconHillGolfHoleOverWater_1

The long, scenic Seventh hole, dogwood left, of the old Johnny Miller layout.

Details of the plan are still a bit sketchy, but this much we know. The HOA bought the 330-acre golf course for $1 and also paid off the back property taxes of $25,000. The new golf course is being charted, but my knowledge of the layout and property leads me to believe that any ultimate golf course design should be spectacular.

Beacon Hill has suffered from the reputation as a failed golf course community. I have made the point frequently that this is an overstated objection to people looking at these homes, given that the quality of housing, beauty of the land, and overall ambiance in this estate community justifies current pricing and then some, regardless of whether or not the golf course exists. However, returning a viable world class golf course would likely cause a surge in home values long overdue at Beacon Hill.

The new clubhouse is said to be a renovation of the 12,000 square foot home on Hidden Hills Road, constructed almost 30 years ago for its former owner, a Saudi prince. The current owner aid $750,000 for the property in 1996.

The plan is heavily dependent on current home owners “buying in” to membership in the new club at $15,000 per year. The theory here is that the community needs to support the club to provide the vitality needed. There will also be a need to re-zone much of the land from agricultural use to golf course use.

The ownership and purported ownership of the Beacon Hill golf course has had a checkered history, which may be the biggest obstacle of all in gaining community confidence going forward. The current plan is being headed by Jeffrey Milton, CEO of resort developer BTS Development Corporation, and local partner John Steele. If the plan is implemented and the golf facility resuscitated to anything close to the original dream, values in Beacon Hill should surge forward.

This plan is ambitious, and certainly without its risks. At some point, however, faith in the magnificence of this property will prevail. Let’s hope that time is now.

Ray Wedell, Realtor

Chartered Financial Analyst, CFA

Samson Properties

703-855-7299

raywedell@comcast.net

http://www.raymaxteam.com

Beacon Hill Featured Properties

There is a detailed description of Beacon Hill in the section entitled, “World Class Golf Communities“. Please refer to that section for details.

The reason I highlight Beacon Hill again in this section is to emphasize that the former Arthur Godfrey estate property upon which it is built provided the perfect terrain for development of an estate community. The dramatic elevation shifts, outstanding views, and rolling terrain created the perfect backdrop for larger homes perched high in majestic splendor.

As stated in the section on Beacon Hill, referred to above, the long-term outlook for this community may be much brighter than is commonly believed today. The homes are built, the world class golf course is there, and all that is needed is the proper catalyst to vault this community into the status of premier estate-quality homes. The land and environment cannot be recreated elsewhere.

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