'Frat Houses for Families’: Where $6K Beer Pong Tables Rule

Developer Mike Meldman has been called “real estate’s party boy.” It’s a reputation he’s earned.

He describes his mansions as “frat houses for families,” and among their most important features, he counts items like custom-made beer pong tables.

Meldman is the mastermind behind Discovery Land Co., a company with 18 private resorts designed around activities for families to enjoy together. His resorts are meant to loosen the proverbial neckties of the golf club set. He doesn’t even require golfers to wear collared shirts – because his sons always hated dressing up – and the courses have elaborate comfort stations along the way, sometimes with on-site chefs.

Homes he’s developed might have built-in barbecue “centers” with bars and pits; pools with waterfalls and “tanning islands”; and limo golf carts. Of course, home theaters, game rooms and wine cellars are par for the course.

Meldman, who admits to growing up a jock and was the “epitome of a frat boy” in college, personally owns six homes worldwide, five of which are part of his own resorts, according to the Wall Street Journal.

In his Los Angeles home, he turned a patio into a gym, expanded the pool, and turned koi ponds into basketball courts.

But his home in Los Cabos, Mexico, may be the most entertainment-packed. It has an outdoor patio that leads to an infinity-edge pool that connects to a swimming pool below via a water slide. There’s a grotto and a swim-up bar with flat-screen TVs.

Indoors, the game room has a photo booth and a $6,000 custom-made beer pong table with a side cooler.

Homes on the resorts go for millions and can be custom-built to whatever frat-boy fantasy their owners desire. Meanwhile, Meldman’s company earned a cool billion last year.

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