Alpharetta Real Estate Homes for Sale

By all accounts, Echelon a.k.a. The Georgia Tech Club, so far has not lived up to expectations.  Its rival high-end golf course community, The Manor, has done significantly better in terms of home sales and overall build out.

The Manor is not breaking any sales records, but Echelon has performed so poorly that people are wondering what the future holds - and this uncertainly has absolutely affected buyers’ decisions to not buy in Echelon.  I have personal experience on that front.

The developer at Echelon, The Melrose Group, has a track record of under performance as evidenced by Bloody Point in Hilton Head.

Enter Trump, or so the rumor goes.  Here is a man who appreciates a smooth seven iron from the middle of the fairway.  Trump is also no stranger to golf course development.  He has an entire portfolio of beautiful courses under the Trump National brand and courses outside the U.S. as well.

Plus, Trump is already building in Atlanta at the new Trump Towers of Atlanta, in midtown, so he is likely familiar with Alpharetta’s market demographics and the huge upside of investing in this area.

Trump could be the 6 handicapper in the shiny golf cart that rides in and saves the day at Echelon.  I’ve always maintained that Echelon is a diamond in the rough.  The golf course is outstanding and its advantage over The Manor is that it has acre-sized lots - and fewer of them, precisely because they are larger.  Echelon will be a smaller and perhaps more exclusive community once it is built out and we are 20 years down the fairway.

The proposed deal I heard rumored is that Trump would buy out the lender’s position at Echelon and complete the development with The Melrose Company, but again, this is all speculation.

Someone needs to step in, though, whether it is Trump or someone else.  A golf course as good as that one is a terrible thing to waste (and by the way, you can currently get a membership there for only $15,000 regardless of whether you went to the North Avenue vocational school ;-> ).

A Trump development in Alpharetta would be just another jewel in a crown of high-end developments (Prospect Park being the other big one) that is really putting Alpharetta on the map nationally. 

Let’s tee it up, Donald.  And I want strokes from "the Donald" just to say that I got them!