River’s Ridge Golf Club & Plantation ® Community Fact Sheet 2014

Rivers Edge Plantation, Shallotte, NC 28470

Quietly nestled on the pristine coast of North Carolina is the quaint seaside community of River's Edge Plantation^®, just thirty-five minutes south of Wilmington, NC and thirty minutes north of Myrtle Beach, SC.

Less than a mile to River's Edge Plantation^® is the economic center for Brunswick County, Shallotte, North Carolina. Shallotte provides instant access to great restaurants, 4 grocery stores, several shopping centers with stores such as Belk, Home Depot, Wal-Mart, Office Depot, an 11-plex movie theatre, churches of all denominations, numerous medical facilities including Brunswick Community Hospital, several hotels, inns and schools.

Arnold Palmer's championship golf course offers members an elegant and private club experience steps from their residences.

Flirting with the river's edge and the expansive marsh savannah, these spectacular 18-holes boast sweeping panoramas that offer a tranquility only found on this challenging bayside course. To complete the links experience, an impressive waterfront clubhouse provides an all-encompassing pro shop to meet every golfers merchandise need with a professional trained staff, a casual dining grill and restaurant.

For River's Edge Golf Club and Plantation^® members seeking diversions from the course, Rivers Edge offers a wealth of exciting amenities including three extraordinary beaches minutes away, a private residence club with a heated indoor pool, seasonal outdoor pool with tiered decking, steam room & sauna, fitness center, owners' lounge, and an events lawn for parties and cookouts.

Location

·   Shallotte, North Carolina

·   Brunswick County’s economic center

·   35 minutes to downtown Wilmington

·   30 minutes to the heart of Myrtle Beach

·   35-40 minutes to Wilmington International Airport (ILM) and Myrtle Grand Strand Airport (MYR)

Community

·   Approximate acreage: 500

·   Estimated final number of homes: 500

·   Number of townhomes: 100

·   Estimated existing homes: 90

·   Approximate full-time residents: 85%

·   Local Beaches: Holden Beach & Ocean Isle Beach

·   Distance to beach: 6 miles

·   County water and sewer

·   Gated 24/7 security

Real Estate

·   Custom-home community

·   Single family homes and luxury townhomes

·  There is no time to build requirements for land

·  Pre-owned homes available. Home prices begin in the mid $300s

·  Land prices: $50,000

·  Homesites (lots) vary in size from 1/5 of an acre to over .5 full acre

·  Long-term rentals only

 Building-Custom Homes 

·  There is no set builder list. Building may be performed by any qualified builder. Qualified builders must have an unlimited North Carolina building license, custom-home building experience, good references, and a solid financial background.

·  Builders are quoting $135-$200 a heated square foot to build.

·  All builders and home plans must be approved by an Architectural Review Committee.

·  Each neighborhood has minimum living space requirements ranging from 1,500 to 2,200 heated square feet. Minimum square foot requirements must be met or exceeded.

·  Architectural styles range from traditional, southern low-country to Mediterranean styles homes.  

Amenities

·   18 hole championship golf course

·   River front golf clubhouse

·   Private amenity center

·   Indoor & outdoor pools

·   On-site dining

·   Wet sauna/dry Sauna

·   Fitness facilities

·   Library

·   Lighted tennis courts

·   Private members lounge

·   Minutes to area beaches

·   Oceanfront beach club (Holden Beach)

·   Community clubs and organizations

·   27 acre kayak and fishing lake

·   Convenient to shopping and entertainment

·   Convenient to health care and emergency services 

River Edge Plantation Golf

·   18 Hole Arnold Palmer Golf Course

·   Driving and putting practice areas

·   Ranked as "Americas Top 100 Public Golf Courses" by Golf Digest, 2005 and 2007

·   Ranked in "Top 20 Course in North Carolina" by Golf Digest, 2003

·   4.5 Stars, Golf Digest

·   Ranked #5 Golf Course in North Carolina by GolfWeek

Golf Membership and Fees

·   Semi-private golf club-golf membership is available to only property owners of  River’s Edge Plantation 

·   Transferable membership  

·    The one-time initiation: $3,000 (transferable)

·    Single member dues: $3,938

·    Additional member dues: $1,313

Climate

·   Average annual temperature is 72º

·   Average fall temperature is 74º 

·   Average winter temperature is 55º 

·   Average Spring temperature is 72º 

·   Average Summer temperature is 85º 

Recreation

·   Boating-Convenient access to area marina’s 

·   Bird Watching – More than 200 species of birds can be seen in the area, including the wood stork. Visit the Twin Lakes Section of Sunset Beach or Bird Island for prime bird watching. Battery Island, managed by the National Audubon Society, rests in the middle of the Cape Fear River area for ibises and pelicans.

·   Horse Back Riding- Boarding and riding opportunities are available just outside the gates 

·   Parks-Outside the gates are nearby parks offer a variety of activity opportunities 

·   Historic Sites-Available throughout the county, they present exciting and education day trips, including Fort-Fisher, Brunswick Town and the USS North Carolina to name a few. 

Fees and Taxes 

• Real Estate Taxes - County and City: $795 per $100,000 of assessed value 
• Homeowner fees: $1,221.51 per year (2013) 
• Lot owner fees: $935.06 per year (2013) 
• Property owner fees includes: access and maintenance of all amenities, common areas, and supports gated security and road maintenance 
• State Income Tax: 6%-7.75% 
• North Carolina does not tax qualified Federal pensions