Welcome to Seabrook Island, SC

The Ultimate Atlantic Coast Experience

Lifestyle Asset Group invites you to our latest co-ownership opportunity in Seabrook Island, SC, one of the Atlantic Coast’s finest private resorts.

Through a proven co-ownership model, Lifestyle Asset Group brings together just five fortunate families to share equally in the acquisition of the home, the annual operating expenses, and the reservation calendar, providing the opportunity to own and enjoy this $1.425m home, hassle-free, for a fraction of cost of going solo.

The Home

2867 Old Drake

Seabrook Island is a private oceanfront community. With each leisurely day, Club Members and their guests enjoy two Championship golf courses, a world-class tennis center, horseback riding, a brand new beach club, and many more amenities. Even with all of the seclusion and tranquility Seabrook enjoys, the island is a short driving distance from the historic city of Charleston, one of the most charming cities in the South.

Custom built in 2009 with many high-end features and quality finishes throughout, 2867 Old Drake’s floor plan flows with ease, from the spacious great room to the open kitchen and elegant dining room.

The gourmet kitchen is thoughtfully appointed with granite counters, crisp white cabinetry, a large island, hardwood floors, the highest quality appliances, and a pantry. The great room is separated from the kitchen by columns and features a coffered ceiling and fireplace. The dining room with tray ceiling was made for entertaining with a large butler’s pantry/service area that meets all your storage and staging needs.

The first-floor master suite is truly masterful with a sitting area, two walk-in closets, and a spa-inspired bath featuring a glass blocked custom walk-in shower, a pedestal tub, and dual vanities. The second floor offers room for all your family and friends with a family room, wet bar, office, and 3 bedrooms all with private baths. Outdoor entertaining is a breeze with a large screened porch on the first floor, a second-story open porch, both running the length of the house, and a patio area that overlooks Kiawah Island Club’s Cassique golf course.

Each co-owner receives a membership to Seabrook Island with preferred member-only green fees, tee times, and tennis rates.

Home Highlights

Residence Features & Amenities

  • 5-bedrooms
  • 4 ensuite bathrooms and 1 half bath
  • Bunk room
  • 4,238 total sq. ft.
  • Sleeps 12
  • Elevator
  • Gourmet kitchen with granite countertops, custom cabinetry, Sub-Zero refrigerator, and Wolf 6-burner range
  • Brazilian cherry floors
  • Large butler's pantry
  • Wet bar
  • Office
  • Full-length porches on floors 1 & 2
  • 6 seater golf cart

Seabrook Island Resort Amenities:

  • 2 world-class golf courses - Crooked Oaks and Ocean Winds
  • Golf Pro Shop
  • Practice facilities
  • 15 professionally maintained clay tennis courts available year-round
  • Full-service Tennis Pro Shop with demo and rental rackets
  • Personalized tennis packages and private camps
  • Computerized ball machine
  • Private golf and tennis lessons
  • Fine dining with spectacular views
  • Locker Room Lounge that includes full shoe care service, showers and towel service, comfortable lounge areas with full bar service and modest refreshments
  • Seabrook Beach Club with access to two oceanfront pools featuring stunning panoramic views of the Atlantic Ocean
  • Arcade
  • Beach access to Pelican Beach and North Beach
  • The Lake House Fitness & Wellness Center, a 26,000 sq. ft facility with an indoor fitness pool and full state-of-the-art cardio and strength training equipment
  • Access to group classes and personal trainers
  • Full-service Equestrian Center to experience one of the few beach rides on the East Coast.


The Investment

The Quandary

The vast majority of owners pay 100% of the cost and expenses of their second home but only use it 20% of the year.

Lifestyle Asset Group provides the industry's only true, sensible solution to this problem.

Affordable. Sensible. Sound.

Since 2013, Lifestyle Asset Group has been the pioneer of a smart and sensible ownership model where a small group of like-minded investors own, debt-free, a luxury second home with each investor only paying their share of the purchase and ownership costs.

It is truly an investment model that is changing vacation home ownership for the better.

Pricing Options

Pricing includes the $1,425,000 purchase price, a new 6-seater street legal golf cart, LLC reserves, smart home upgrades, interior design, inspections, title, closing costs, a syndication fee for bringing the co-owners together, and the creation of the legal contracts for LLC.

Each 1/5th owner will enjoy 8 weeks annually, plus free space available use

  • One-time LLC capital contribution, per 1/5th share: $342,000
  • Annual expenses: $17,000 per year

Each 1/10th owner will enjoy 4 weeks annually, plus free space available use

  • One-time LLC capital contribution, per 1/10th share: $171,000
  • Annual expenses: $8,500 per year

Additional benefits:

  • Defined exit strategy so everyone knows up front how and when the co-ownership ends
  • At the end of the LLC term, the property is sold, all initial capital contributions for the acquisition are returned and net appreciation is shared
  • Rent a portion of your weeks to offset monthly costs
  • Zero-hassle ownership and personal travel and concierge services
  • Access to 150+ properties in over 90 destinations through a membership in Elite Alliance

THE EXIT STRATEGY

DELIVERING PEACE OF MIND

The exit strategy was developed by Lifestyle Asset Group to ensure owners have a genuine investment opportunity.

The term of the LLC is 5 years, with two, one-year extensions, made possible by supermajority vote by the co-owners. The LLC term length mirrors the holding period of vacation homes in general. At the end of the term, the residence is sold by Lifestyle Asset Group on behalf of the LLC at its highest possible value.

Each owner’s capital contribution is first returned in full, and 80% of property appreciation is then shared equally.

THIS IS JUST THE START!

ADDED BENEFITS

Lifestyle Asset Group has created a truly groundbreaking platform and there is much more to explore:

  • Free membership to Elite Alliance®, a travel club exclusively for vacation home owners
  • Reciprocity to sister LLC properties managed by Lifestyle Asset Group
  • Our fair and flexible reservation system
  • White glove concierge and travel services
  • Pre-arrival grocery shopping and trip planning services
  • An effortless in-residence experience
  • The Lifestyle Asset Group track record - a proven investment model

Please use the form below to inquire further about these items or schedule a time to visit this property.

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