America's 100 Greatest Courses: A Land Valuation Analysis

What is the land beneath America's greatest golf courses worth?

Next Vantage's latest research brief puts numbers to that question — a best-use land valuation of all 100 courses on Golf Digest's 2025–2026 America's 100 Greatest list, analyzed acre by acre across 34 states and six market tiers.

The aggregate portfolio runs from $5.9 billion to $15.8 billion, with a midpoint of $10.9 billion. The gaps between courses tell an interesting story. Pine Valley, ranked #1, carries an estimated midpoint land value of $156 million. Los Angeles Country Club, ranked #16, sits on an estimated $1.79 billion — the highest of any course on the list.

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