James Tufts purchased what is now Pinehurst Resort for $1/acre in 1895, as a health-centered winter retreat. He purchased the name Pinehurst from an individual entering the name in a contest to tag a real estate development in Martha’s Vineyard. The physical plan for the Village of Pinehurst was prepared by the firm of Frederick Law Olmsted, the landscape designer acclaimed for creating New York City’s Central Park.
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