Tepetonka, a private, invitation-only golf club outside New London, is slated to open this summer as Minnesota's first fractional-ownership destination. Instead of selling traditional annual passes, the project caps ownership at 100 members and sells a fixed pool of member rounds. The setup links a championship course with on-site lodging and off-site member perks, all pitched as a vacation-style, four-season escape for owners and their guests.
Founder Mark Haugejorde, who told the West Central Tribune he "grew up hunting and fishing in this area," has pushed Tepetonka toward a membership model that mixes golf with year-round outdoor programming. The company is rolling out several hospitality outposts, including a beach club on Green Lake and a nearby ranch property for non-golf activities. Developers say the goal is to bundle what they describe as authentic rural recreation with high-end golf amenities.
Design and terrain
The course, designed by OCM Golf, sprawls across roughly 228 acres of glacial moraines where Shakopee Creek cuts through the routing and 100-foot elevation changes shape some dramatic holes, according to Golfdom. Architects also fit in a nine-hole short course called "The Prox," created with input from CBS commentator Jim Nantz to give members another option beyond the main layout.
Construction and timeline
Contractors moved Tepetonka into the grassing and grow-in phase in 2025, a construction milestone industry watchers flagged as a key step toward a 2026 opening, according to The Golf Wire. KemperSports is expected to handle management, while Duininck completes remaining work on the course and hospitality infrastructure.
Fractional ownership explained
Tepetonka's structure turns playing time into equity. Members pre-purchase a share of a capped pool of 10,000 member rounds, with a 1 percent interest translating into 100 rounds that can be shared among up to four people. The club is invitation-only and limited to 100 owners, and attorney Keven Rowe has estimated membership costs will likely come in north of half a million dollars, with overall development projected between roughly $25 million and $100 million, as reported by Twin Cities Business.
"We've created a lifestyle experience," Haugejorde said, noting that cabins and lodges currently total 36 rooms, with plans to add 16 more by 2028, details outlined by Twin Cities Business. Those on-site rooms, combined with the planned beach club and ranch, are designed to keep members on property for multi-day stays instead of quick in-and-out rounds.
Ranch, beach club and county ties
Tepetonka has proposed leasing a 140-acre Tepetonka Ranch that would layer in a spa with saunas, a heated pool and a gym, plus sporting clays and managed pheasant hunts, according to the West Central Tribune. County documents and promotional materials list a projected ranch opening date of Oct. 17, 2026, signaling that Tepetonka's footprint is meant to stretch well beyond the golf course itself.
What it means for Minnesota golf
Developers and contractors have likened Tepetonka to Midwest destination clubs such as Sand Hills and Ballyneal, saying the private-rounds-plus-hospitality package could attract out-of-state visitors and fresh spending to rural Minnesota, as Golfdom notes. If the club hits its membership and build targets, they say it could offer a new template for luxury rural hospitality in the state.
For nearby residents and local businesses, Tepetonka holds out the prospect of hospitality jobs and seasonal traffic while keeping the first tee closed to the general public. For Minnesota golfers, its fractional, ownership-based access model points to a shift toward exclusivity and packaged leisure over the old-school, walk-up style of play.
