FACTS ABOUT HAMPTON PLANTATION

SPRING/SUMMER 1997

Hampton Plantation is a private, residential community consisting principally of single family homes and homesites located near the Hampton River on the pristine north end of St. Simons Island, Georgia. Here are some tidbits of information:

SIZE OF COMMUNITY: Approximately 275 acres.

NUMBER OF HOMESITES PLANNED: 290 approx.

NUMBER OF HOMESITES AVAILABLE: 51

PROPERTIES SOLD TO DATE: 176

HOMES COMPLETED TO DATE: 40

HOMES APPROVED OR UNDER CONSTRUCTION: 11

AVERAGE SINGLE HOMESITE PRICES:

Golf ...........................$69,500 - 84,500

Golf/Lagoon ..............$82,500 - 115,500

Marsh .......................$67,500 - 175,500

PROPERTY TAXES AND ASSESSMENTS:

Annual real estate taxes are about $750 for the average unimproved single family homesite. Property Owners Association assessments for single family homesites are $50.00 per month. This covers the maintenance of the common areas, street lights and security. Owners of patio homes are assessed an additional $100 per month for landscaping maintenance when the patio home construction is complete.

RECREATIONAL FACILITIES:

Hampton Club, located within Hampton Plantation, consists of an 18 hole championship golf course, driving range, putting and chipping areas, a Clubhouse with a pro shop, locker rooms and dining facilities as well as a swimming pool and tennis facility.

Use of these facilities is available to property owners through a Charter or Social membership program. While ownership in Hampton Plantation brings specific rights related to the Club, all property owners are invited to apply for membership.

UTILITY SERVICE:

Water and sewer is provided by Glynn County; telephone by BellSouth Telephone Company; electricity by Georgia Power; Cable TV by Century Communications; and garbage collection by Southland Waste Co. All are subject to rate review by the Georgia Public Service Commission.

SECURITY:

Security is provided by Hampton Plantation with backup support from the Glynn County Police Department.

FLOOD PROTECTION:

All residences constructed in Hampton Plantation and throughout St. Simons Island are required to have minimum first floor flood elevation in accordance with FEMA guidelines. Flood insurance is available through any agency of the federal government.

FINANCING OF HOMESITES AND HOMES:

Financing is available through local institutions at commonly prevailing interest rates. Ninety percent homesite financing is available to qualified purchasers.

MEMBERSHIP/ REAL ESTATE INQUIRIES:

All inquiries concerning property or membership opportunities at Hampton Plantation should be directed to the Real Estate Office located on Montrose, near the main entrance. Their phone numbers are (912) 634-0253 or (912) 634-1444.

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