Quick Highlights of the Desert Mountain Club Turnover

A few things have changed at Desert Mountain Club as a result of the turnover. The following are the highlights:

The Desert Mountain Deferred Equity Golf Membership (DEGM) is now simply an Equity Membership.

Golf Memberships were reduced in price from $325,000 to $140,000. Monthly golf membership dues have increased from $849.63 to $1190/month.

Social memberships were reduced from $100,000 to $40,000. Monthly social membership dues have increased from $509.78 to $714.00.

The new pricing of memberships is more in line with the realities of today’s economy. This will attract new members and further bolster the finances of the club. The increase in monthly dues is greater than the typical annual increase which is usually 5%. The monthly dues are however still extremely competitive with other clubs in the area that only have one golf course and clubhouse for members. With six golf courses and six clubhouses, Desert Mountain is still an excellent value.

There is no change to the transfer fee of $65,000 for golf memberships and $20,000 for social memberships.

Feel free to contact me with all of your Desert Mountain Real Estate questions.