TCSIR Masterpieces | March 2015 by ONE Sotheby's International Realty

Stunning Orchid Island Riverfront Vero Beach, Florida

his architecturally stunning riverfront home is located in the prestigious gated golf and tennis community of Orchid Island. Enjoy four bedrooms, five full and one half baths, four car garage, and a private dock with direct Intracoastal access.

ast the fountains and through majestic double wood doors, a grand foyer welcomes you to this two-story home. Just off the foyer is an office with wood floors which provides the perfect space to catch up on work or relax with a book.

he dining room provides a formal place for dinner parties with amazing sunset views. A wet bar is located nearby for easy entertaining.

he living room features a gas fireplace and floor to ceiling windows offering endless vistas of the exquisite pool and the serene Indian River beyond.

he gourmet kitchen, worthy of Julia Child, offers granite counter tops, a center island, top of the line stainless steel appliances, and a breakfast bar.

njoy a breakfast nook and family room adjacent to the kitchen. The family room features a coffered ceiling and built-in entertainment center. French doors lead to the lanai.

n elevator provides easy access to the second floor with balcony overlooking the river. A spacious loft provides an upstairs living area with built-ins, wet bar, and beautiful wood floors.

he master suite is a true oasis with elegant tray ceiling and walk-in closets with built-ins. Through French doors is a covered balcony with fireplace overlooking the river. Enjoy a spa-like experience in the his & her master baths.

his home is ideal for entertaining with a magnificent outdoor living area. Enjoy a covered lanai, an outdoor fireplace on each level, and the ultimate summer kitchen.

he pool alone is a masterpiece with tanning ledge, built-in table and umbrella, and spa with waterfall features.

he dock extends out into the Indian River and offers direct access to the Intracoastal Waterway. Watch the sun set over the river as dolphins frolic in the water.

Orchid IslandAmenities M

embers enjoy an award-winning Audubon Signature Sanctuary golf course designed by Arnold Palmer. Other amenities include exceptional dining areas, tennis courts, pool, beach club & social facilities. The Tennis Program of Orchid Island was designed to serve members of every skill level with eight Har-Tru courts, including an exhibition court. The 11,000 foot tennis and fitness club offers a boutique-style pro shop along with a picturesque deck area overlooking the exhibition court. At the new fitness center, members enjoy state of the art cardiovascular and weight machines, complete with personal trainers, massage therapy, yoga and aqua-aerobics. Dine at one of many fine venues which include the Beach Club, Golf Club, and Pool Grille. Join in on special events and social activities or just relax on the miles of pristine beaches. Orchid Island has something for everyone!

Vero Beach offers a year ‘round calendar of events, festivals and other activities, as well as a lively

cultural scene, including the Riverside Theatre for the performing arts. Home to many a retired Fortune 500 CEO, you are sure to enjoy this quaint town where there are no high rises nor traffic and large metropolitan cities such as Miami, Palm Beach, and Orlando are an enjoyable distance away. A getaway for a few weeks or a lifetime, Vero Beach is waiting for you to heed its call.

Begin this everlasting vacation for $4,475,000

For additional information and a private tour call: Michael Thorpe Broker | Owner 772.532.0449

mthorpe@tcsir.com

Kimberly Thorpe Broker | Owner 772.532.5233 kthorpe@tcsir.com

®, ™ and SM are licensed trademarks to Sotheby’s International Realty Affiliates, Inc. An Equal Opportunity Company. Equal Housing Opportunity. Each Office Is Independently Owned and Operated, Except Offices Owned and Operated By NRT Incorporated.

Detail Client View MLS #150494

701 Grove PL, Vero Beach 32963

$3,995,000

Status:

Active

List Type:

Exclusive Right to Sell

Map Coord.: Type:

Detached

Design:

2 Stories

Area:

14 (Beach North)

Ownership: Single Family/Other Building #: Project:

ORCHID ISLAND

Subdivision:ORCHID ISLAND Recent:

08/24/2015 : DECR : $4,475,000->$3,995,000

Lot Size:

207x221

Apx Acreage:

1/2 to 1 Acre

Waterfront:

Yes / Intracoastal Access, Navigable, Riverfront

Governing Body:

Homeowners Assoc

Pool:

Yes / Heated Electric, Private, Spa

New Construction: No

Construction:

Concrete Block, With Stucco

Year Built:

2005

View:

Intracoastal, River

Fireplaces:

Roof:

Tile

Pets:

Yes

Floors:

Carpet, Marble, Wood

Bedrooms:

Full Baths:

Half Baths:

Room Type Bedroom Dining Room Kitchen Guest unit W/Kitchen Loft

Acreage:

Dimensions 14x14 18x16 24x18

Room Type Bedroom Family Room Breakfast Nook Guest Unit W/O Kitchen Pantry

Dimensions 16x15 28x22

Room Type Dimensions Bedroom 25x17 Living Room 25x22 Den/Library/Office Laundry Porch Enclosed

Elem School:

Beachland Elementary Middle School: Gifford Middle High School:

Parking:

4 or 4+ Car garage, Air conditioned, Attached, Door Opener, Driveway

Apx Liv Ar SqFt:

6001-6500

Remarks:

Architecturally stunning 4BR riverfront home w/dock & direct Intracoastal access! Newer, qualityconstructed & ideal for entertaining; outdoor living area w/covered lanai, 2 fireplaces, pool/spa, & summer kitchen. Fine features include gourmet kitchen, elevator, & endless river views. Orchid Island is a premier gated community w/tennis, beach club, clubhouse, & Arnold Palmer golf course.

Directions:

A1A north of CR 512. Orchid Island entry on west side; guard will direct.

Furnishings:

Unfurnished

Sq. Ft.:

Stories:

Land:

Unit Description:

Sebastian River High School Cul-De-Sac, Road paved

Unit Floor:

Misc.:

Seller's Disclosure Available

Restrictions:

Exterior Alterations, Interview required, No motorcycles, No recreational vehicles, No trucks/trailers, Right of first refusal, Tenant approval required

Security:

Gate Staffed, Security Patrol

Appliances:

Central Vacuum, Cook Top, Dishwasher, Disposal, Dryer, Ice Machine, Microwave, Propane Tank Owned, Range, Refrigerator, Trash Compactor, Wall Oven(s), Washer, Water Heater Electric, Water Heater Gas, Wine Cooler

Beach club available, Clubhouse, Elevator, Community Info: Exercise/fitness room, Golf privileges, Granted Front Door Faces: Faces East beach access, Hot tub/spa, Tennis court(s) Financial Information Tax Year:

2014

Tax Amount

$26,167

Exemptions:

No Exemptions

Maintenance Fee:

4,115.00

Payable:

Annual

Min Rent Period:

3 Month

Capital Contributions:

200.00

Maintenance Fee Includes:

Common area, Lawn irrigation, Other, Security

Freq Rent Period: 2x/year

** INFORMATION DEEMED RELIABLE BUT NOT GUARANTEEED, BUYER MUST VERIFY** 08/25/2015 09:10AM

the Orchid island GOlf & Beach cluB is tOps in spOrts, neiGhBOrliness and Outreach prOGrams

Indian River Land Trust:

Can Art Preserve Our Landscape?

SmALL COmmunITy, BIg HeART

Though not as large as some of its barrier-island neighbors, the Orchid Island Golf & Beach Club is tops in sports, neighborliness and outreach programs.

Small Community, Big Heart

By mary BetH vallar

REPRINTED WITH PERMISSION ÂŠVERO BEACH MAGAZINE

2 An aerial view of the par 5, 18th hole of the Arnold Palmer champion golf course at the Orchid Island Golf & Beach Club

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photography by denise ritchie

Resident Terri Pistole makes sure the club’s scrapbook is up to date, while Pepper looks on.

he Orchid Island golf & Beach Club is a relatively small private community on Indian River County’s barrier island, but it’s big in many ways as well. Big on amenities, big on heart and big on the wider community of Indian River County. many in the close-knit community of 310 West Indies-style homes and 66 low-rise condominiums claim they were originally attracted to Orchid because of the lush and verdant beauty of its 600 acres, the Arnold Palmer championship golf course, and the elegant charm of the Beach Club. However, what keeps them wildly enthusiastic about living there five, 10, even 20 years later is still the Rich Waage, director of golf, oversees the activities at Orchid Island Golf & Beach Club’s Arnold Palmer champion golf course.

collegiality of the community, the spirit of philanthropy they share with their neighbors, and the continuous upgrades that make Orchid Island a residential eden. The history of Orchid Island is relatively short when you consider that just over 20 years ago citrus groves and little else covered the area, and the entire Town of Orchid that is now synonymous with the country club community, had only 10 residents. In fact, the town’s beginning was downright sleepy compared to the early days of the golf & Beach Club.

he Town of Orchid was incorporated in 1965 and the few families who lived on the strip of fertile land bordered by the ocean and State Road 510 produced Indian River grapefruit. In 1986 the residents sold the town

REPRINTED PERMISS ©VERO BE MAGAZ

to the Deerfield groves Corporation, and it produced, well, more grapefruit. yet it was inevitable that the real estate boom on Indian River County’s barrier island would reach the Town of Orchid and in 1988 Robert Haines III, a developer from Avon, Conn., created a limited partnership that raised some $20 million and bought the town and its farms with plans to transform it into a residential community. He built the Arnold Palmer golf course, the three-story, West Indies-style Beach Club, four tennis courts, and by 1990 had sold 10 home sites. By mid-1990, however, a recession had hit the nation. The economic downturn caused Florida’s real estate market to dive and construction at Orchid and the rest of Indian River County to stop. Four years later, billionaire galen Weston of Canada, who had developed Windsor just north of Orchid, bought the property. Immediately the Orchid Island golf & Beach Club began its climb, slowly at first, then more rapidly. It has yet to cease.

PRINTED WITH PERMISSION ©VERO BEACH MAGAZINE

erri Pistole and her late husband, Chuck, were among those who discovered Orchid shortly after its rebirth. Longtime residents of Coral gables, the Pistoles had finally had enough of South Florida and its growing crime rate. This experience made a gated community appealing to mrs. Pistole, but beyond the security she found the peace and quiet and overall atmosphere of Orchid a soothing change. “It was so friendly and still is,” she says. “There were only 34 homes at Orchid when we moved in and as each new resident arrived, I would The three-story, West Indies-style Beach Club is the site of many club activities.

REPRINTED WITH PERMISSION ©VERO BEACH MAGAZINE

TED WITH MISSION O BEACH GAZINE

denise ritchie

Residents Olivia Delacruz and Peggy Marino are leading Orchid Outreach this year. The focus of the community-sponsored effort is education.

deliver a basket with champagne, cheese, a baguette and grapes. Soon we were growing so fast, I couldn’t keep it up.” Those days may have ended, but the spirit of neighborliness and friendship still prevails on the golf course, tennis courts, in the fitness center, at the bridge table and at myriad other activities shared on a regular basis. The golf cart-friendly nature of the community tends to slow the pace a bit. All homes are built with a golf cart garage and most residents have their own cart, frequently sliding into the electrically charged vehicle to drive to the first tee or other club destination. no matter how residents get around the community – in a golf cart, car or bicycle or on foot – they can’t help but notice

the abundance of wildlife, says general manager Rob Tench. “Orchid is a certified Audubon Cooperative Sanctuary and the community’s conservation practices help protect the 300 species of birds – including herons, egrets and spoonbills – more than 750 species of fish and 2,000 species of plants found in and around the Indian River.” majestic white pelicans from the nearby Pelican Island national Wildlife Preserve glide over the community’s lakes, and Orchid’s secluded beach provides one of the densest sea-turtle nesting areas in the Western Hemisphere. The golf course is the crown jewel of the property, with some 325 of the households holding equity golf club memberships. Charles

mcgovern, who currently serves as club president, bought property at Orchid in 1998 and says one of the main reasons was its golf course. “At that point Orchid Island was not well developed, but we knew it would always be a small community, and we liked that. Besides the size, I found the golf course challenging and knew it was a course that I wouldn’t get tired of playing.” That has remained the case, he says, especially with the renovations that were completed in 2005. Rich Waage, who has been director of golf since 1997, describes these course upgrades. “With the help of the Arnold Palmer group, we extended the greens back to their original size and specs, and we added undulation on some of the

denise ritchie

greens, most notably on numbers 5, 7 and 12, which are now triple-tiered greens. In addition, we re-grassed the greens with Tifeagle, which is noted for its true and fast-paced role. And we re-grassed all the tee boxes with Paspalum grass.” To attest to the course’s challenge, Orchid hosted the u.S. Open Regional Qualifier in 2009 and is in rotation with a handful of other local clubs to do it again. It also hosted the 2008 Professional national Championship for South Florida, and the Florida State Open Qualifier, and will host the Florida State golf Association Open in the summer as a sister site to Quail Valley.

number of distinguishing features of an Arnold Palmer golf course add to the challenge and the aesthetics of the course. These include green-side bunkers and walls in front of greens, such as Orchid’s numbers 8, 12 and 16. The course’s original terrain was flat, but the course designer added mounded moguls to the fairways to give them definition. Palm trees line the fairways and flowering oleanders and annuals add color to beautify the fairways. In addition, the course is certified by Audubon International. The designation was achieved through a rigorous process that includes environmental planning, wildlife and habitat management, chemical use reduction and safety, and water conservation. While Orchid touts its course for its challenges, it also recognizes the importance of keeping play fun for its members. So the club has adopted the PgA and uSgA “Tee It Forward” initiative by adding tee boxes that shave off yardage for players in accordance with their average driving distance.

Director of Tennis Jim Buck heads the Indian River Tennis Foundation, which promotes junior tennis in Indian River County.

The social aspect of golf is also high on Orchid’s scorecard for keeping members on the links. The golf staff works closely with the food and beverage team to provide a number

of events that keep the members engaged and enable new members to make friends quickly and easily. Besides Ladies’ and men’s Days they hold Twilight golf every other week

More than 30 classes a week are offered in the fitness center’s state-of-the-art group exercise room.

denise ritchie

during the season, and even in the summer, when only 18 percent of the members are in residence, they keep the programs active and have special golf events on memorial Day and the Fourth of July.

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n addition to Waage, Orchid’s professional golf staff includes Jason Sedan, who is director of instruction. While they work on a golfer’s swing to correct flaws that take strokes off his or her game, they are also attuned to physical problems that could be addressed. Waage is a graduate of the Titleist Performance Institute, a program designed for the golf pro and, with a fitness consultant at Orchid’s fitness center, works to strengthen a player’s game. A tour of the recently renovated fitness center reveals that members can bring their golf, tennis or whatever other activity they enjoy to the top of their game. With the expenditure of significant dollars, the fitness center has been doubled in size

With the expansion and renovation of the fitness center the club added Director of Fitness and Wellness Denise Duda to enhance the programs and ensure that members are getting the most out of their fitness regimen.

to more than 11,000 square feet. A state-of-the-art group exercise room, Pilates studio, and new locker rooms equipped with steam showers have also been added. more than 30 group exercise classes a week are

offered, from cycling and boot camp to yoga. All new equipment, including 19 resistance machines, 17 cardio machines, three stretch tables – and large-screen TV’s everywhere – outfit the area.

Executive Chef Jeff McKinney and his staff take pride in making all meals and special events memorable occasions. Their cooking classes and wine dinners are also popular events.

With the renovation, the club added its own director of fitness and wellness, Denise Duda, to enhance the programs and ensure that members are getting the most out of their physical fitness regimen. In addition to Duda, the trainers, group exercise instructors and spa therapists number 15. The fitness center, which is open seven days a week, is never unattended. As for usage, it is up over 40 percent since the expanded facility was inaugurated just over a year ago. Orchid is an active community and Duda means to keep it that way. “Staying active is absolutely imperative,”

she says. “And Orchid has really gone all out to provide its members with the best possible equipment and service and the most effective classes to promote health and wellness. no matter what one’s level of fitness is, we can program to increase it.” The adjacent tennis facility, with eight Har-Tru clay courts, also got a bit of a face lift at the time of the fitness center expansion, according to Jim Buck, director of tennis. The popular deck area that oversees the exhibition court now features an awning, multiple overhead fans and new furniture, creating an inviting

area to sit and watch the action or just relax. Buck is in his 19th year at Orchid Island and has built an active tennis program that includes four drop-in events each week. Orchid’s tennis members are not only active players but also supporters of the Indian River Tennis Foundation, which promotes junior tennis in Indian River County. Buck founded the organization in 2005 with the encouragement of the tennis committee, and Orchid’s tennis players support the foundation with their financial memberships

“Most of us looked all over the state of Florida, up and down the east and west coasts, before moving here. It was Vero Beach that drew us as well as what Orchid had to offer.”

– CluB PreSident CHarleS mCgovern

and involvement in the annual Charity Pro-Am. With the funds raised each year the Indian River Tennis Foundation donates $1,000 to the tennis programs at Vero Beach High School, Sebastian River High School, Saint edward’s School and master’s Academy. Additionally, the foundation provides several $1,500 scholarships a year to graduating high school seniors in Indian River County who play on their school tennis teams and provides scholarships for local youngsters taking lessons and attending summer tennis camps.

esides golf, tennis and fitness, there are a variety of “clubs within the club,” organized by the members themselves or with the help of membership Director Jackie Kennedy. Bridge is by far the most popular activity with 100 people a week meeting at the beach club for American Contract Bridge League-sanctioned play. Other clubs include a book club, gun club, yacht club, laser sailboat racing and mahjong club. For those interested in a different kind of challenge, there are programs at “Orchid university,” offering classes in Spanish and Italian – with instructors from Saint edward’s School – and beginning bridge, dance and painting. This year a class on iPhones is also planned. The main dining room at the Beach Club is where many of the activities take place. In the afternoon it could host card players, and then at night it may accommodate a band and dancing or be set up for an elegant dining experience. So the recent

redecorating of the facility not only gave it a fresh look, it also addressed its multi-functionality. In particular, it was determined that different lighting could serve the changing ambiances and also increase visibility where it is needed for certain activities. This was accomplished with the addition of wall sconces, a chandelier and lamps. The lounge area also received a recent upgrade and both the lounge and the dining room retain their original West Indies style. The golf clubhouse, which was built in the early 2000s, is scheduled for redecoration in 2014.

ood service is an essential ingredient at Orchid Island. The golf clubhouse is open for lunch and dinner daily and the Beach Club is open for dinner. In addition, lunch is served poolside at the Beach Club six days a week. The majority of the 60 employees, which the club adds each winter season to its year-round staff of 70, are assigned to the food service area. executive Chef Jeff mcKinney and his staff take pride in making meals and special events memorable occasions, and their cooking classes and wine dinners are popular events. In reality it’s not all play for the residents, and they don’t spend all their time within the boundaries of the residential community. For many, philanthropy and volunteerism might as well be classified as just another Orchid activity. Orchid Outreach, with its focus on education, is one such program, says Olivia Delacruz. She and Peggy marino are leading the effort this

year. “We conduct an annual appeal to the Orchid community, and we are now in our eleventh year and have awarded a total of 26 scholarships,” she says. “We have two fully endowed scholarships: one is for Indian River County first responders and their families and the other is for Orchid Island employees and their families. And this year we are partnering with Indian River State College to establish an Orchid Island scholarship for a student attending the college.” Other notable examples of Orchid’s community involvement include the two Habitat for Humanity houses that Orchid Island sponsors each year, with residents not only donating funds but also swinging hammers to build the homes for local families in need. As mentioned earlier, the Indian River Tennis Foundation, which fosters junior tennis in Indian River Country, was initiated at Orchid. And when Riverside Theatre launched its capital campaign to expand, Orchid Island residents raised $1 million and the entrance hall now bears the name “Orchid Lobby.” Finally, many members are active at the nearby environmental Learning Center, whose mission is environmental education for children and adults. Club President Charles mcgovern sums up Orchid’s generosity this way: “most of us looked all over the state of Florida, up and down the east and west coasts, before moving here. It was Vero Beach that drew us as well as what Orchid had to offer. And now there probably is not a cultural or charitable organization in Vero Beach that does not have an Orchid Island resident on its board, or on its volunteer roster or list of contributors. This is a caring and compassionate community that gives back.” `

ORCHID ISLAND GOLF & BEACH CLUB RECEIVES PRESTIGIOUS DISTINGUISHED EMERALD CLUB AWARD FROM BOARDROOM MAGAZINE Vero Beach, FL - Orchid Island Golf & Beach Club announced today that it has been awarded the prestigious Distinguished Emerald Club award, as determined by the annual Distinguished Clubs award program conducted by BoardRoom magazine, one of the most respected trade publications serving private clubs. The Distinguished Clubs award program uses a club-specific rating system based on an extensive evaluation process that distills and measures a club’s Member Experience. As defined by Distinguished Clubs, “Member Experience” is that special combination of “Qualities” that a private club provides its members. It is not just the quality of service, or of the facilities, or of the product provided, it is also the quality of the staff and of the management, as well as the overall club governance they deliver. The most important quality, however, is the quality of the intangible. While difficult to measure, the latter is comprised of those magic moments experienced, the members befriended, the memorable events and famous tournaments attended, as well as the club traditions, history, and heritage proudly recognized. To be a Distinguished Club is to be one of a select group of private clubs that have been recognized as providing an absolutely excellent Member Experience, but to be a Distinguished Emerald Club is to provide a Member Experience at a level attained by only the finest clubs in the world. This distinction is nuanced, yet thoroughly recognizable, for it is based on the most important of all intangible qualities. Reputation. Reverence. Admiration. Brand Equity. Fame. Whatever you call it, it is that “X” factor that separates two clubs that both provide superlative Member Experience, but where one is a great club, while the other is the most prestigious of memberships. “We are very proud to have been selected as a recipient of this exclusive award,” says Club General Manager Robert Tench, “Orchid Island Golf & Beach Club’s greatest asset is its outstanding membership, which makes the Club such a special place.” “We’d like to congratulate Orchid Island Golf & Beach Club for earning Distinguished Emerald Club status,” said John Fornaro, Publisher of BoardRoom magazine, “Special recognition also goes out to Orchid Island Golf & Beach Club’s General Manager, Robert Tench, as well as the club’s board of governors, its department heads, and entire staff for their efforts in providing an excellent member experience.” About Orchid Island Golf & Beach Club Orchid Island Golf & Beach Club is widely lauded as one of the most visually stunning and exclusive barrier island private clubs in Florida. It is nestled between the beautiful Atlantic Ocean and scenic Indian River. The members believe that it is the spirit of community, which makes the Club so unique. It is small enough to welcome newcomers and mindful that most people join a club to create enduring friendships. About The Distinguished Clubs Award Program BoardRoom magazine developed the Distinguished Clubs award program to recognize and share - with the private club industry as a whole - what it is that Distinguished Clubs do differently, and to do so with the specific goal of improving the member experience at every private club in America, and thereby helping to preserve the institution of private clubs for many future generations. About BoardRoom magazine BoardRoom magazine is the official publication of the Association of Private Club Directors and is published in print and digital formats, and shipped to 27 countries worldwide. BoardRoom magazine is now widely viewed as the most respected and influential magazine in the private club industry.

EQUITY MEMBERSHIP INFORMATION November 1, 2014 – October 31, 2015

GOLF MEMBERSHIP

Members have full use of all golf, tennis, fitness, swimming, beach & social facilities of the Club. Members are required to pay cart fee or trail fee.

EQUITY CERTIFICATE - $100,000 Initiation Fee - $35,000 Annual Dues - $14,950* Capital Contribution - $1,900* Annual Food Minimum - $1,200*

BEACH & TENNIS MEMBERSHIP

Members have full use of tennis, fitness, swimming, beach & social facilities of the Club. Entitled to use the golf facilities from May 1 to October 31 upon payment of green fees and cart fee.

EQUITY CERTIFICATE - $40,000 Initiation Fee - $30,000 Annual Dues - $9,860* Capital Contribution - $1,267* Annual Food Minimum - $1,200*

GENERAL INFORMATION

Membership includes husband, wife & children under 23 living at home or attending school. There is no limit for extended family use of club facilities. Members may invite guests to the club; however, there is a four-time-limit an individual guest may be invited to play golf.

FEE SCHEDULE (Per Person)

Guest Green Fee (accompanied) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $75 (four-time-limit per individual guest)

Cart Fee . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $25 Trail Fee . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $1,375 Beach & Tennis Member Green Fee from 5/1 - 10/31 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $35 Family Member (over 23 yrs) Green Fee . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $35 Guest Tennis Court Fee: All immediate & extended family Members . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Complimentary Non-family guests accompanied or unaccompanied . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $10 Club Rental (per set) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $25 Practice Range . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . No charge, included in dues *Pro-rated from membership activation date Memberships are subject to approval, prices subject to change. Dues are subject to 7% sales tax. Revised 10.01.14

Equity Golf Membership

\\oiphost\MEMBERSHIP\Documents for Membership Packages\2014-2015 Equity Membership Packet\New EquityInfo Sheet 2014-2015.doc

Deferred Payment Plan

EQUITY CONTRIBUTION (Refundable at 80%) …………………………………….$100,000 INITIAL CAPITAL CONTRIBUTION (Non-Refundable) ……………………………$35,000 First Payment Due: Second Payment Due: Final Payment Due:

$80,000 submitted with the Membership Application $27,500 by October 31, 2015 $27,500 by October 31, 2016

There will be a 2% carrying charge added to each installment.

INVITATIONAL BEACH & TENNIS MEMBERSHIP November 1, 2014 – October 31, 2015

Beach & Tennis Membership

Members enjoy full use of all dining, tennis, swimming, beach & social facilities of the Club. Entitled to use the golf facilities from May 1 to October 31 upon payment of green fees and cart fees. The Tennis Program of Orchid Island was designed to serve members of every skill level. The Club’s eight Har-Tru courts, including an exhibition court, are ideal for this tropical climate. The 11,000 foot tennis and fitness club offers a boutique-style pro shop along with a picturesque deck area overlooking the exhibition court. Ladies’ and Men’s tennis teams available. On the fitness side, members enjoy state of the art cardiovascular and weight machines, complete with personal trainers, massage therapy, yoga and aqua-aerobics.

Deposit - $10,000 (80% refundable) Dues – $7,930 * Annual Food Minimum - $1,200 * General Information

Membership includes husband, wife & children under the age of 23 living at home or attending school.

Members may invite guests to the Club; however, there is a four-time-limit on the number of occasions an individual guest may be invited to play golf during the summer months. Invitational memberships are issued on a year-to-year basis, may be recalled at the end of the year, and are non-proprietary and non-voting. The recall of invitational memberships will be done on a last-in, first-out basis. Memberships are subject to approval, prices subject to change. Dues are subject to 7% sales tax.

Fee Schedule (Per Person) Tennis Court Fee . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . N/A Guest Tennis Court Fee: (October - May) (accompanied). . . . No Fee . . . . (unaccompanied . . . . . . . . $10 (June-September) (accompanied). . . . No Fee . . . .(unaccompanied) . . . . . . . $10 Beach & Tennis Member Green Fee from 5/1 - 10/31 . . . . . . . . . . . . . . . . . . . $35 Cart Fee . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $25 Family Member (23 yrs. or older) Green Fee . . . . . . . . . . . . . . . . . . . . . . . . . . . $35 Club Rental (per person) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $25 Practice Range, Handicap . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . N/A

*Pro-rated from membership activation date

Revised 10.8.2013