Colorado Golf Club Announces Betts Lake Sale, Named #4 Residential Course/Community in America

Colorado Avid Golfer

PARKER, CO – November 17, 2010 – Colorado Golf Club, site of this May's 71st Senior PGA Championship, announced today that the Betts Lake community – an enclave which will consist of 35 low-maintenance homes surrounding a nine-acre lake within the gates of the Club – has been purchased by New York-based Arendale Holdings. The company plans to break ground on the first of its new model series in early 2011. Two existing homes were also part of the sale, which closed in early November.

“Colorado Golf Club is a spectacular project,” says Arendale Holdings representative John Kunkel. “The golf course is internationally acclaimed, and the community is nationally recognized. What was missing was an alternative to larger custom home options. We spent a lot of time on the ground at Colorado Golf Club and the surrounding area, and we are thrilled to bring a new vision and new enthusiasm to the Betts Lake neighborhood and the larger Colorado Golf Club community.”

Arendale has selected award-winning architect Karen Keating of Golden, Colorado-based TKP Architects to design the Betts Lake homes and expects to offer four different floorplans and a choice of elevations, multiple finish and fixture packages, as well as a streamlined building process.  The homes will range from 2,000 – 4,500 square feet in size on half-acre to one-acre lots.
 
Colorado Golf Club has also announced that it was ranked #4 on Golfweek Magazine’s 2011 list of Top 100 Residential Courses/Communities, the highest of any Colorado residential community. More than 4,500 golf communities were evaluated as part of the rankings program. The 2011 list was published November 2, 2010 by Golfweek Magazine and can be viewed here.