SCOTTSDALE, AZ (AZFamily) — A three bedroom, three bath smart home with a pool on the first hole of TPC Scottsdale’s Stadium Course went on the market, right in time for golfers and golf fans to see the for-sale sign from the course at the WM Phoenix Open.

“It’s probably going to be a second home to somebody who just wants to spend some time, some winters in Arizona, probably somebody that just loves golf or loves views,” said Kai Neighbors, from Neighbors Luxury Real Estate.

The home was completely rebuilt over several years and was listed at just under $4 million.

“It’s very rare in here. It’s just a few homes a year that are even on the market on the course,” said Sindy Ready, the president of Arizona Realtors.

Across the entire Valley, there are only about 700 golf course properties currently on the market.

“Interestingly, for the last three presidential elections, there’s been a pause in the market, and that happened across the nation,” Ready said. “There’s about a two month pause in the market where it really slowed down, like a snail’s pace, and then after we got through the holidays and the presidential election, people are like, ‘Ok, now I’ll start thinking about it.’”

One home on TPC’s stadium course sold last month for just over $2 million. Two condos with golf course views also closed for about $750,000.

“A golf course property is going to add anywhere from $250,000 up to $400,000 to $500,000 depending on the view,” Ready said. “You can get a great deal. You just have to be farther out, so Buckeye on the west side of town, Sun City and Surprise. And then over to San Tan on the east side of town.”

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