Becoming a Member of The Seabrook

In becoming a member of The Seabrook, interested parties will need to:

Submit a financial statement that includes monthly/annual income and overall liquid assets.
A medical evaluation form will need to be completed by your family physician.
Membership in The Seabrook is open to persons who are at least fifty-five years of age.

2019 Membership Fee:

Singles – $19,000
Couples – $23,000
One-time fee that’s non-refundable

The Membership fee is the new resident’s contribution to The Seabrook’s Capital Reserve Fund that provides financial resources for maintaining The Seabrook House.

Living at The Seabrook requires three financial components:

1) Membership fee
2) One-time real estate investment (housing)
3) Resident monthly fee

The Seabrook is the only Hilton Head CCRC that offers a condominium purchase, Entry Fee Contract option and an annual studio rental.

Residents Monthly Fee Includes

Choice of lunch or dinner in our dining room (both meals available, one included)
24-hour security of entrance, all buildings, common areas and community grounds
Scheduled transportation via Seabrook bus and van plus four personal transportation trips per month, per unit, via valet car
Use of all clubhouse amenities: swimming pool, fitness center, game room, putting green, shuffleboard, library, cozy corner, etc.
Recreational activities such as instructor-led exercise classes and water aerobics (summer months), Trivial Pursuit, Current Events, Life-Long Learning Seminars, etc.
Homeowners Insurance covering wind, fire, hail and water for all buildings and individual condominiums
Maintenance and housekeeping of common areas of all buildings
Landscaping of 21-acre campus
Basic cable package and internet with Spectrum (formerly Time-Warner)
Regime expenses: water and sewer, pest control and trash removal
Access to Home Health & Wellness Dept. for medical services (a la carte expense)
Discounted daily rate offered at Fraser Health Center once resident has lived at Seabrook for a year

Expenses not included

Contents and Liability Insurance
Electricity
Phone
Premium Cable
Property taxes (condo purchase only)
Housekeeping (condo purchase only)

Option #1 – Condominium Purchase

Buying a condominium at The Seabrook is no different than purchasing any other real estate. Units are listed for sale and prospective new members make an offer to buy, negotiate the price and terms, and take ownership (deed/title) after a cash closing. Purchasers can make improvements and modifications to their property if desired. Owner is responsible for the Resident’s Monthly Fee, which commences at closing.

Key Points:

– Potential for appreciation
– Great values offered
– Responsible for repairs & replacements
– Obligation to pay monthly fee until property is sold

Pricing:

– 1 Bedroom/700 sq ft. – from the $40’s
– 2 Bedroom/1167 sq ft. – from the $100’s
– 2 Bedroom (large)/1400 sq ft. – from the $150’s
– Erskine 2 Bedroom W/Den/ 1453 sq ft. – $200’s

*Please call for a current price list

Monthly Fees

Expenses NOT included: Property Taxes, Content & Liability Insurance, Electricity, Phone, Internet, Premium Cable, Housekeeping

1 BR/1 PERSON (700SF)
Purchase -$1,944

1 BR/2 PERSON (700SF)
Purchase -$2,615

2 BR/1 PERSON (1I67SF)
Purchase -$2,582

2 BR/2 PERSON (1I67SF)
Purchase -$3,252

2 BR+/l PERSON (I400SF)
Purchase -$2,785

2 BR+/2 PERSON (l400SF)
Purchase -$3,456

ERSKINE/1 PERSON (1453SF)
Purchase -$2,831

ERSKINE/2 PERSON (1453SF)
Purchase -$3,502

Option #2 – Entry Fee Contract

The Entry Fee Contract is where a new resident enters into an agreement with The Seabrook, which is enforced until such time the resident no longer wishes to live in the condominium or cannot for health reasons, etc. The new resident makes a one-time entry fee payment upfront and has no additional real estate expenses attributed to the condominium. Resident is responsible for the Resident’s Monthly Fee, which commences upon move-in.

Key Points:

– Updated features throughout condominium
– 50% refund of Entry Fee payment upon leaving
– Not responsible for repairs, taxes, closing costs, etc.
– Not responsible to pay monthly fee once contract terminated

Pricing:

– 1 Bedroom / 700 sq.ft. – from $47,500
– 2 Bedroom / 1167 sq.ft. – from $95,000
– 2 Bedroom (large) / 1400 sq.ft. – from $140,000
– Erskine 2 Bedroom W/Den / 1453 sq.ft. – from $175,000

*Please call for current price list

Monthly Fees
Expenses NOT included: Content & Liability Insurance, Electricity, Phone, Internet, Premium Cable

1 BR/1 PERSON (700SF)
Entry Fee – $2,155

1 BR/2 PERSON (700SF)
Entry Fee – $2,825

2 BR/1 PERSON (1167SF)
Entry Fee – $2,852

2 BR/2 PERSON (1167SF)
Entry Fee – $3,522

2 BR+/1 PERSON (1400SF)
Entry Fee – $3,118

2 BR+/2 PERSON (1400SF)
Entry Fee – $3,787

ERSKINE/1 PERSON (1453SF)
Entry Fee – $3,193

ERSKINE/2 PERSON (1453SF)
Entry Fee – $3,863

Option #3 – Studio Apartment Rental

For those folks who haven’t decided on where they want to live, the Seabrook has a very limited number of studio apartments that are available for a single resident to sign a one-year lease. Many studio residents ultimately become Seabrook Members and move into a larger condominium.

Pricing:

– Monthly rent – $2,200
– Refundable security deposit – $2,200
– Application fee – $500
– No membership fee is required. Leases may be renewed on a yearly basis.