When Kansas City entrepreneur and urban planner J. C. Nichols envisioned the city of Mission Hills in 1912, he paid particular attention to how the adjacent Mission Hills and Kansas City Country Clubs would add distinction and value to its residents. Over 100 years later, those homes have continued to hold their value.
Today, the residential community of Cottonwood Canyon, situated just one mile west of Interstate 435 on 95th Street/Prairie Star Parkway in Lenexa, possesses many of those same characteristics: a first-rate golf course, distinctive high quality homes, and an accessible location. In fact, only a few years ago the neighboring Golf Club of Kansas was ranked among Golfweek magazine’s “Best New Courses.”
According to developer Steve Hughes, whether one enjoys golf or not, the natural beauty, ambiance and tranquility derived from living in or near a golf course community plays an integral role in choosing where to live.
“Originally, golf courses were built as standalone facilities in a ‘core’ design,” Hughes said. “In the 1960s, real estate developers started developing residential lots around new golf course designs that incorporated single or double fairways in order to create more frontage for home lots.
“There is no expectation for new golf course communities in the metro area at the present time,” he continued, “and Cottonwood Canyon is the only community left in Johnson County offering quality golf front lot options.”
At Cottonwood Canyon, an astounding 85 percent of its only 125 total lots are amenity lots, each offering scenic views of the dramatic rolling hills, lakes and natural beauty of the Golf Club of Kansas.
“Cottonwood Canyon offers a unique, captivating and secluded setting that feels like it is far from the big city,” Hughes said. “Living here is about a feeling of serenity and belonging, and we are fortunate to be able to offer that in one of the most dramatically beautiful subdivisions in Johnson County.”
In terms of home values, prospective buyers should note that premiums for golf lots will hold value better over the long run as the demand for golf lots will continue to grow, while the supply remains much more stable.
“In other words,” Hughes explained, “an amenity lot like the ones offered at Cottonwood Canyon should hold value better than a typical lot.”
Here are some fun facts about golf communities:
• First master plan with golf: Lake Quivira, 1931.
• First residential layout: Leawood South, 1969.
• First residential layout in Missouri: River Oaks, Grandview, 1973.
• Most golf lots on 18 holes: Falcon Ridge, Lenexa, 1997.
• Highest overall lot values: Hallbrook, Leawood, 1988.
Cottonwood Canyon encompasses two residential neighborhoods: The Lake and The Village. Prospective buyers can find homes in The Lake ranging from $600,000 to over $1 million, and homes in The Village from $400,000 and up. Each offers distinctive design plans from some of the Kansas City area’s premier builders including B.L. Rieke Custom Homes, Don Julian Builders, Starr Homes and Reed Fuller Construction. Reed Fuller and B.L. Rieke will both have new spec homes available within the next few months.
Reed Fuller’s spec home on Lot No. 48 is a four-bedroom, three-bathroom, three-car garage home, with a first-floor master suite on a flat lot with a finished basement. This home is priced at $395,000.
B.L. Rieke’s spec home on Lot No. 42 is a reverse-plan on a walkout lot with dramatic views of Hole 15. This four-bedroom, four-bathroom, three-car garage home is priced at $529,000.