The golf course at the center of Miami-Dade’s Billionaire Bunker may also sit on the most valuable piece of golf-course land in America.

Indian Creek Country Club within Indian Creek Village, home to some of the nation’s wealthiest residents, has an estimated land value of $3 billion to $5 billion, according to an analysis published by Golf Digest.

That makes the 180-acre club’s hypothetical land value more than twice that of the next property on the list, Los Angeles Country Club, which was estimated at $2.6 billion.

The analysis is particularly striking in Indian Creek, where the golf course sits at the heart of an enclave whose 41 homeowners include some of the world’s richest people.

Meta CEO Mark Zuckerberg and his wife recently closed on a $170 million mansion in the village, while Jeff Bezos is assembling a compound there. Sports figure Tom Brady also owns a home in the exclusive community.

Indian Creek Country Club is a historic William Flynn design dating to 1929 that was recently renovated. The course predates the mansions that have gone up around it, making the tiny island near Surfside one of the world’s most exclusive residential communities.

Golf Digest said its analysis was not an appraisal of what the club could actually sell for. Instead, it asked what the land might be worth if it were sold for its highest and best legally permissible use under current zoning.

An ariel view of Indian Creek Village with its golf course anchoring the center of the island. An ariel view of Indian Creek Village with its golf course anchoring the center of the island. C.W. Griffin Miami Herald File

Strategic asset manager Frazer Rice evaluated land and zoning restrictions for courses on Golf Digest’s list of America’s 100 Greatest Courses, compared nearby property sales and considered government restrictions. He also included several notable courses outside the top 100, including Indian Creek.

Rice said Indian Creek’s island setting and ultra-luxury residential surroundings made it the highest per-acre estimate in the analysis. He also accounted for the infrastructure that would be required if the island’s population increased substantially.

But the enormous hypothetical value of the golf course underscores an important point about Indian Creek’s real estate market: The golf course may be one of the things that makes the surrounding homes so valuable.

“Indian Creek isn’t valuable because it could be 41 more mansions,” Bert Guy, president of Campfire Golf, told Golf Digest. “It’s valuable because the 41 mansions next to it depend on it staying exactly what it is.”

That dynamic is particularly relevant in Indian Creek, where the golf course is not simply an amenity. It is part of the physical and economic infrastructure of the Billionaire Bunker.

Beyond sitting on some of the most valuable land in South Florida, Indian Creek Country Club is also among the region’s most exclusive clubs. Living on the island does not automatically qualify a resident for membership, according to a Wall Street Journal article published Aug. 15.

Prospective members must be sponsored by two current members, provide letters of recommendation from five other members and go through an extensive vetting process.

The article said even Amazon founder Jeff Bezos and Meta CEO Mark Zuckerberg, despite owning homes on the island, are not club members.

Of the 10 notable golf properties analyzed by Golf Digest, only one other in Florida made the list: Seminole Golf Club in Juno Beach. Its 175 acres have an estimated land value of $437 million.

Nationwide, the second and third most expensive golf courses are Los Angeles Country Club, valued at $2.6 billion followed by Pebble Beach Golf Links, valued at $880 million.

This story was originally published August 19, 2026 at 5:00 AM.


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Luisa Yanez covers real estate and the impact of wealth migration in South Florida for the Miami Herald. In her work, she will be using both traditional reporting and AI tools.