5/5 AJ H. 5 years ago on Google
This
is
a
diamond
in
the
rough
resort
community.
This
is
a
high
end
golf
resort
where
the
investors
spent
millions
in
back
prior
to
the
2007-08
housing
crash.
They
built
up
an
amazing
club
house,
course
and
amenities
center
only
to
watch
the
market
crash
street
they
spent
many
millions
in
roads,
utilities,
the
course,
the
club
house,
sidewalks,
art,
ponds
and
waterways,
etc...well
beyond
100
million
at
least.
The
property
was
held
by
the
owners
for
a
while,
hoping
for
a
comeback
that
did
not
happen
quickly.
The
lots
that
were
bought,
went
into
foreclosure
and
it
took
years
for
the
investors
to
finally
donate
the
property
to
Elephant
Butte.
They
reopened
the
golf
course,
are
maintaining
the
property
and
things
are
very
slowly
coming
back.
I
would
recommend
buying
a
parcel
and
just
being
patient.
It's
beautiful.