Eastman vs Owl's Nest for Golf Living
Eastman (Grantham) and Owl's Nest Resort & Golf Club (Thornton/Campton) sit roughly an hour apart in New Hampshire's Lakes Region/Dartmouth-Sunapee corridor and are both genuine, developer-originated golf-and-lake residential communities rather than old-guard private clubs -- but they represent two different eras and models of New Hampshire golf-lake living. Eastman is a 50-year-old, 3,700-acre, already substantially built-out community of 987 homes and 336 condos around its own private lake, with a semi-private, optional golf course. Owl's Nest is a newer (course opened 2016), still-developing 600-acre resort permitted for 516 home sites around New Hampshire's only Jack Nicklaus Design course, with a resort-hospitality operation layered on top of the real estate and a distinctly newer, higher-priced lakeside sub-neighborhood (Waterscapes) still being built out. Below is a side-by-side look at what actually distinguishes them, based on the research documented on this site.
Side by Side
How They Compare
Community vintage / development stage
Eastman Golf Links
Established ~50 years; 987 homes + 336 condos already built, only 119 undeveloped lots remaining.
Eastman
Newer and still developing; Nicklaus course opened 2016, Waterscapes neighborhood and South Lake Townhomes are recent/active additions.
Golf access model
Eastman Golf Links
Semi-private, open to public daily-fee play; membership optional, not tied to home purchase; property owners get a discount.
Eastman
No initiation fee, open enrollment membership (Platinum/Golf/Racquet tiers); not automatically included with home purchase -- whether included for Waterscapes owners specifically is unconfirmed.
Primary lake amenity
Eastman Golf Links
345-acre private lake, six beaches, boat docks -- owned and operated by the Eastman Community Association.
Eastman
9.9-acre man-made Lake Harold at Waterscapes, paired with a new lakefront clubhouse (The Boathouse), Olympic-sized pool, and 15,000 sq ft beach.
Housing price positioning
Eastman Golf Links
Condos ~$380,000 median (2024); single-family ~$519,000-$545,000 median (2025-2026).
Eastman
Waterscapes North Lake single-family homes reported starting in the $900s; original golf-estates/cottages pricing not reliably found.
Ownership/governance structure
Eastman Golf Links
Homeowner-facing Association (Eastman Community Association) funding shared amenities via Use Assessment Plan fees.
Eastman
For-profit resort/hospitality operator (LCJ Management/LCJ Holdings) also running hotel lodging, weddings, and dining alongside the real estate; homes sold through its own Owl's Nest Real Estate arm.
Four-season / winter offering
Eastman Golf Links
Operates its own dedicated Nordic (cross-country) ski center as part of the Association amenity package.
Eastman
25-court racquet complex (clay tennis, pickleball, platform tennis) and resort dining/hospitality; no downhill skiing on-property, though near major White Mountains ski resorts.
Distinctive ownership option
Eastman Golf Links
Standard fee-simple home/condo ownership and buildable lots.
Eastman
Waterscapes' North Lake neighborhood offers a fractional/seasonal split-ownership option (maintenance and furnishing included) -- not offered at Eastman.
Vintage & Development Stage
Eastman is a mature, largely built-out community: roughly 50 years old, with 987 single-family homes and 336 condominiums already in place and only 119 privately held undeveloped lots remaining. Owl's Nest is considerably newer and still actively developing -- its Nicklaus Design course opened in 2016, its ownership group only completed its acquisition and rebrand of a second nearby course (Ashland's former White Mountain Country Club) in 2022, and its Waterscapes lakeside neighborhood is a recent addition still being built out, including new South Lake Townhomes introduced after the original golf-course estates and cottages. A buyer weighing 'established, fully-realized community' against 'newer, still-growing resort development with more active current construction' will find a real difference here.
Golf Access Model
Both courses have unusually open access for a residential golf anchor -- neither bundles golf into home ownership, and neither requires a hard membership barrier to buy. But the details differ. Eastman Golf Links is explicitly semi-private and open to public daily-fee play; you do not need to own property in Eastman, or join any club, to play there, and owners simply receive a modest rate discount. Owl's Nest publishes no initiation fee for its golf/racquet membership program and no spending minimum, making it easy to join, but membership itself remains a distinct paid product layered on top of home ownership -- and whether that membership is automatically included for Waterscapes owners specifically (as opposed to the resort's original golf-course estates) was not conclusively confirmed in this research and should be verified directly.
Lake Amenity & Physical Character
Eastman's golf-and-lake community is built around a 345-acre private lake with six beaches and boat docks -- a genuinely large body of water fully owned and controlled by the Eastman Community Association. Owl's Nest's Waterscapes neighborhood centers on Lake Harold, a 9.9-acre man-made lake -- much smaller, but paired with newer, more resort-grade amenities: a purpose-built lakefront clubhouse (The Boathouse), an Olympic-sized pool, and a 15,000-square-foot beach. A buyer prioritizing genuine lake scale and swimming/boating space has more of that at Eastman; a buyer prioritizing newer resort-grade waterfront amenity infrastructure has more of that at Owl's Nest.
Price Positioning
Eastman is the more accessible entry point of the two on the numbers found this session: condominiums with a 2024 median sold price around $380,000, and single-family homes with a 2025 median sold price around $519,000 (current pending listings' median around $545,000). Owl's Nest's newer Waterscapes neighborhood starts noticeably higher -- North Lake single-family homes are reported starting in the $900s -- though reliable current pricing for Owl's Nest's original, older golf-course estates and cottages product was not found this session and may occupy a different, potentially lower tier; a buyer should request current pricing for that specific product directly rather than assuming it matches Waterscapes.
Ownership Structure & Amenity Base
Eastman is governed by a single homeowner-facing Association (the Eastman Community Association) funding a shared amenity package -- golf, lake, ski center, tennis/pickleball, recreation center -- through a Use Assessment Plan. Owl's Nest is run by a for-profit resort/hospitality operator (LCJ Management/LCJ Holdings) that also books hotel-style lodging, weddings, and dining alongside the real estate, and sells homes through its own in-house real-estate arm. This is a meaningful structural difference: Eastman's amenities exist primarily to serve its own residents, while Owl's Nest's amenities also serve a paying transient-guest and event business layered on top of the resident base -- worth weighing for a buyer who cares about how 'busy' or commercially-oriented their community feels day to day.
Winter/Four-Season Offering
Both communities market themselves as four-season destinations, but the specifics differ: Eastman operates its own dedicated Nordic (cross-country) ski center as part of the Association's amenity package. Owl's Nest, in the White Mountains gateway near several major alpine ski resorts (though it does not operate downhill skiing on its own property), leans more on its racquet-sports complex (25 courts: clay tennis, pickleball, platform tennis) and resort dining/hospitality for its non-golf-season draw.
What This Means for Your Search
There is no universal winner -- the two suit different priorities. A buyer who wants an established, fully-built-out, homeowner-governed community with a large private lake, accessible entry-level pricing, and semi-private golf that never gates a home purchase has more of that at Eastman. A buyer who wants New Hampshire's only Nicklaus-designed course, a newer and still-growing resort-branded development with more active current construction and resort-grade hospitality amenities, and is comfortable with a higher entry price point (at least in the newer Waterscapes neighborhood) has more of that at Owl's Nest. Both communities carry real, unresolved questions worth confirming directly before a purchase -- Eastman's exact current Association fees and Owl's Nest's exact golf-access terms for Waterscapes owners chief among them -- so treat this comparison as a starting point for that direct conversation, not a final answer.
Trying to Choose Between Eastman Golf Links and Eastman?
A local real-estate specialist can walk you through the tradeoffs and current availability at each.
US Golf Living provides independent real-estate research and can connect consumers with real-estate professionals. Golf membership, availability, fees and approval are determined independently by the applicable club.