This home could be yours for St. Andrews, Scotland golf vacations.
Can you think of a better place to stay on a St. Andrews, Scotland golf vacation than your own private home overlooking the 18th green of the Old Course?
Nobody can. That’s why it takes years, even decades, for the homes adjacent to the Old Course to become available.
Well, one of them just hit the market, and this particular home has the extra flair of being one of only four that actually have “The Links” as an address.
“9 The Links,” is a three story, five-bedroom, four-bathroom house that sits next to the Tom Morris Golf Shop on The Links, the street that fronts the 18th fairway and 18th green of the Old Course. The house also has three reception rooms, a courtyard garden out back, and a balcony overlooking the Old Course.
The view from the balcony. (All photos courtesy of Savills.)
According to Savills, the listing agent, “The house is within feet of the 18th green of the Old Course and its balcony gives a grandstand view both of everyday play and the regular Professional Championships – including the Open Championship.
From the balcony and the windows of the house you look directly to the green, with the first tee immediately beyond, and also the starter’s box and the Royal & Ancient Clubhouse.”
The view from the living room.
The house costs £3.75 million, or a little more than $6 million at today’s exchange rate.
I know that’s steep, but if we can get 365 people together, it’ll only cost about $16,500 each and we can each stay there one night a year. (We’ll have to figure something out for the 2010 Championship this July, though.)
Think about it: our very own home at the home of golf.
Who’s in?
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{ 9 comments… read them below or add one }
I’m in. Let me know when you have the additional 363 people lined up.
Awesome, Jason. Start thinking about what night you want. First in gets first pick!
Count me in too! I’ll take the Sunday of the Open Championship in 2010!
Beautiful! Can you feel the momentum building? Let’s do this thing!
Whoa!!!. Count me in!!!
definitely need to know the cost for annual maintenance – but i would be in – we would likely need to co-ordinate 2-3 day ventures every 2-3 years….would make more sense.
Mmmm. Tough to estimate. With a few hundred “partners” in the house coming and going every few days, there would be some wear and tear on the abode. Ok, let’s budget another couple thousand for fix ups.
So here’s a plan,
Each of the 365 owners gets their one night a year with 2 bedrooms to use. Someone living nearby runs a B+B for us using the other 3 bedrooms. When we come for our 1 night, if we wish to stay longer, we pay reduced B+B rates to stay as long as we want and we can use 1 to 3 of the 5 bedrooms, paying for each. Premium rates for the rooms looking onto the 18th green and the 1st tee box. Extraordinary rates for important events. Anytime that the owners leave a bedroom free, it can be rented out as a B+B room on a first come, first served basis. I expect that there will be very few nights that all 5 bedrooms are not in use.
I figure after allowing for the B+B person, maintenance and a Property Manager, we would be looking at a profit on our original investment within 6 to 7 years. With a tidy little cash cow earning for us thereafter.
Each of the owners has the right to give, sell, bequeath, rent or loan their share
When someone kicks off, they can leave their share to anyone they want as long as the recipient signs the same partnership agreement as the rest of us. Failure to sign the agreement within 90 days results in the share being sold at auction and one half of of the auction price goes to the benificiary of the Will, the other half goes into the house operating fund.
Dying intestate means the share is treated as part of the estate and the same events take place as described above. There are 90 days to resolve the issue of ownership and sign the partners agreement. Failure to do so results in the auction with the 1/2 sale price going to the estate.
Anyway, I’m in no matter what!!
Wow, Marguerite. I posted this tongue-in-cheek, but now you’ve got me thinking we might have something here.